Cambridge Circle Investment Company
A California Limited Partnership
1100 Alma Street, Suite 200
Menlo Park, California 94025

October 20, 2005

To Whom It May Concern:

This is an unsolicited letter of recommendation for California Multihousing Group and their Senior Sales Associate, David Silver.

We have recently closed escrow on the sale of a property for a cash price in the middle eight figures. We had not expected to sell that property for many more years, but David Silver brought us facts from the marketplace, which changed our minds.

As soon as we had employed them to find a buyer, they thoroughly investigated the property and the local market, so as to be in the best position to market the property to its best advantage and to disclose all potential problems early. They knew in advance almost all of the potential buyers. They led many of them to make excellent offers, which were both satisfactory as to price and extremely favorable as to terms. Every step of the transaction was handled with the highest levels of professional service.

I want this letter to be much more than a “letter of recommendation”. I want anyone who reads this letter to know that we have nothing but the very highest praise for David Silver and his firm.

I have been in the real estate business for 46 years. I have never met as fine a real estate broker as David Silver.

Sincerely,

Howard W. Lewis
Chairman and CEO of General Partner