Almanac Realty - About Us

ARS I	ARS I \| ARS II \| ARS III \| ARS IV \| ARS V \| ARS VI

Company (Ticker)	Company Description	Commitment Date	Commitment
Ambassador Apts (AAH)	Multi-Family, Sun Belt	07/96	$25.0 M
Lexington Corp. Properties (LXP)	Diversified triple net lease REIT	12/96	$25.0 M
Pacific Gulf Properties (PAG)	Small tenant industrial, West Coast	12/96	$55.0 M
CNL Financial	Restaurant mortgage finance, National	09/97	$40.0 M
Merritt	Industrial/Office, Mid-Atlantic	10/97	$150.0 M
Acadia (AKR)	Retail, East Coast	04/98	$22.6 M

	Fund I Total		$317.6 M