Villa San Marcos



	Property Name	Location	Units/SF
>	Reflections	San Ramon	496
>	Fox Plaza	San Francisco	441
>	Oakhollow	Sacramento	434
>	Somerfield at Lakeside	Elk Grove	280
>	Acacia	Santa Rosa	277
>	Cedar Glen	Suisun City	240
>	Medici	Sacramento	216
>	Greenhaven	Sacramento	200
>	Park Lake	Walnut Creek	184
>	Cambridge Circle	Benicia	180
>	Vineyard Gardens	Santa Rosa	180
>	Windrush Hills	Vallejo	178
>	Ironhorse Trail	Dublin	177
>	Meridian	Pittsburg	156
>	Carrington Apartments	Fremont	151
>	Loveridge Terrace	Pittsburg	148
>	The Viscount	Sunnyvale	147
>	Bella Oaks	Santa Rosa	138
>	Meadowood	Antioch	136
>	Lakeview	Pittsburg	132
>	Coco Palms & The Orient	Fairfield	125
>	The Diplomat	Mountain View	124
>	Villa San Marcos	Fresno	120
>	Summit at Lime Ridge	Concord	120
>	The Terraces	San Francisco	117
>	Hotel Petaluma	Petaluma	104
>	215 Bayview Apartments	San Rafael	90
>	Creekside Village	Pittsburg	88
>	Chateau El Camino	Daly City	85
>	Marina View	Vallejo	80
>	Mountainview Villas	Santa Rosa	78
>	Montecito Pines	Santa Rosa	76
>	Windmill Place	Carmichael	73
>	Park West	Petaluma	71
>	Seventy Harlan	San Leandro	69
>	Dorchester House	Hayward	68
>	Sequoia Apartments	Redwood City	64
>	Waters Edge	Sacramento	64
>	Pacific View	Pacifica	61
>	Romar Court	Novato	58
>	Whipple Avenue	Redwood City	48
>	1700 De Anza	San Mateo	43
>	Courtyard Cottage	Sacramento	39
>	Logan Park	Fremont	36
>	McKinley Apartments	Fresno	33
>	Marin Gardens	Corte Madera	32
>	Renaissance Villas	Berkeley	34
>	2690 Great Highway	San Francisco	21
>	Twin Tree	Santa Rosa	20
>	Woodstone Apartments	Concord	20
>	717 40th Avenue	San Francisco	12
>	Ironhorse Shopping Center	Sparks, NV	185,890 SF
>	Tully Corners Center	San Jose	115,992 SF
>	1610 Harrison	Oakland	11,356 SF





	Location	Fresno, CA
	Units/SF	120 Units
	Year Built	1990
	Price	$18,500,000
	Close of Escrow	April 2006

	Contacts
	Jamie Clifford l Senior Vice President l 415.273.2137 David Silver l Executive Vice President l 415.273.2198 Pedro Arroyo l Chief Executive Officer