1410 Partners, LLC

December 8, 2008

To Whom It May Concern:

I have worked as an investment banker and commercial real estate executive since 1985. Since then I have participated in hundreds of transactions and interacted with a long list of prominent commercial real estate brokers. Among them, I consider Nathan Blair a true talent.

I first met Nathan in 2006 during my firm's acquisition of a 178-unit Northern California multifamily property for $22,000,000. I found him to be an excellent communicator and a gifted shepherd of the transactional process. I was particularly impressed with his capacity for managing the often-divergent needs of his client, my firm, and the deal at large. He kept his composure and kept the deal moving - even at times when others may have been distracted by the surprises that can jeopardize a successful transaction. In the end, we closed ahead of schedule, with all parties pleased with the result.

Throughout that process, and through subsequent interactions as a client, I have found Nathan to be a disciplined, attentive, and fair professional. His combination of skills is effective, easy to work with, and worthy of recommendation. I would suggest his services to anyone in need of a Californian multifamily broker.

He is an excellent representative of his profession.

Sincerely,

John D. McAlister
Managing Member