Southfield Partnership, LP, 165 N Meramec Ave, Ste 430, Saint Louis, MO 63105, US

Conrad Properties In every industry, there are visionaries who set the standard; those who defy convention and push their fields further. Since 1971, Conrad Properties has been such a company. "Conrad Properties Corporation is a leading developer and manager of innovative, high quality, high service real estate products. We use our real estate knowledge, entrepreneurial skills and creative talent to deliver unique products that provide long term value to our clients and investors. We operate by focusing on the needs of our customers and catering our products and services to meet their demands." Conrad Properties' developments have defined emerging eclectic standards of living through brick and mortar, exquisite finishes and exceptional amenities. Founded in 1971 by the ultimate self-made entrepreneur, Bob Saur, the company is now well-established as a symbol of the fresh, innovative ideas that drive entrepreneurial success. Conrad Properties' acumen for leading the marketing with urban infill developments that anticipate lifestyle needs is unmatched. From commercial to residential, retail to warehouse, hotel to entertainment, its imprint is unmistakable. Moreover, each development carries Conrad Properties' unmistakable signature of style. Conrad's staff offers a sophisticated and creative mix of professionals who thrive in an entrepreneurial environment. The Conrad team has enjoyed uncommon success in timing and developing projects inspired by emerging lifestyle needs, whether it is multi-family, commercial or mixed-use. In fact, the company has produced more residential mid- and high-rise projects in the St. Louis area than any other developer - in excess of $300 million worth of developments. Currently, Conrad Properties has over $150 million worth of developments in the pipeline, ranging from new, LEED-certified multi-family and commercial in-fill development to hotel renovation and management. The company recently opened an office in Phoenix, Arizona with the same guiding principals as its mission. Conrad West is currently considering two large-scale mixed use developments in both Fountain Hills and Awataukee, both Phoenix-area suburbs. Conrad has recently extended its brand, most notable in the residential forum, to include hospitality and commercial. CPC Hospitality offers market-leading hotel management and asset development to midsize and boutique hotels through distinctive property design and innovative marketing strategies. CPC Commercial focuses on the development and redevelopment of in-fill commercial/office properties around the country. Conrad Properties Corporation 165 N. Meramec, MO 63105 Suite 400 ClaytonP. (314) 721-3202 F. (314) 721-2154 2003 Conrad Properties Corporation

Baudendistel, R J Agt

Wittenauer, Christopher Aty

Polizzi, Joseph P Aty

Frank, Steven A Aty