Properties Financed

PROPERTIES SUMMARY


Total SQ FT= 18,284,676
Total Value= $1,989,925,000


          Property                                              Location                                        SQ FT                        Value

1000 Henry Street                                       Kailua-Kona, HI                          30,587                     $5,250,000

1055 Sesame Street                                    Bensenville, IL                            90,000                     $1,773,077

1077 Sesame Street                                    Bensenville, IL                            98,400                     $1,555,286

1818 Gessner                                                 Houston, TX                                 38,760                     $1,500,000

2224 El Camino                                             Sacramento, CA                          25,000                     $1,630,000

550 Paiea                                                        Honolulu, HI                                120,000                 $12,000,000

590 Paiea                                                        Honolulu, HI                                50,000                      $5,000,000

Aaron Brothers                                             Fresno, CA                                     20,000                      $3,300,000

Aaron Brothers                                             Las Vegas, NV                               20,000                         $400,000

Adlake                                                              Elkhart, IN                                   60,590                          $517,931

Airport Distribution Center                     Fresno, CA                                     500,000                   $7,500,000

Ala Lani Assisted Living                             Kahului, HI                                   86,000                   $10,200,000

Alameda Market Square                           Lakewood, CO                              240,661                $15,000,000

Arbutus Shopping Center                          Arbutus, MD                                71,860                     $6,000,000

Aston Coral Reef Hotel (247 Rooms)     Honolulu, HI                                176,332                $10,000,000

Aston Waikiki Beachside Hotel               Honolulu, HI                                86,165                   $10,000,000
(80 Rooms)

Base Village                                                    Snowmass, CO                             1,000,000          $400,000,000

Bayview Plaza Hotel  (311 Rooms)        Santa Monica, CA                        190,000                $16,500,000

Bell Towne Plaza Shopping Center        Phoenix, AZ                                  417,649                $36,000,000

Best Plaza Bakersfield                                Bakersfield, CA                           165,000                $10,000,000

Best Plaza Pleasanton                                 Pleasanton, CA                           140,000                 $14,000,000

Blackstone Plaza                                           Fresno, CA                                    65,000                      $2,000,000

Bowman Products                                        Sanger, CA                                    100,000                   $1,000,000

Brea Union Plaza                                          Brea, CA                                         163,665                $20,000,000

Bristol Marketplace                                     Santa Ana, CA                              95,320                  $12,000,000

Buchmin Industry                                        Bakersfield, CA                           165,000                   $3,000,000

Canyon Creek Plaza                                     San Jose, CA                                  57,981                   $10,600,000

Capital Hill Center                                        Denver, CO                                   41,737                      $2,400,000

Carpet Town                                                   Fresno, CA                                    20,000                          $250,000

Central                                                              Cicero, IL                                      557,457                 $11,039,813

Central Valley Plaza                                     Modesto, CA                                 299,238                $18,500,000

Chestnut & Kings Canyon                          Fresno, CA                                    20,000                      $2,000,000

Cicero Industrial                                           Cicero, IL                                      200,000                 $12,000,000

Coca Cola Distribution                                Visalia, CA                                     20,000                         $300,000

Columbia Pacific Plaza                                Portland, OR                               107,007                   $3,525,000

Corona Food 4 Lease                                    Corona, CA                                    110,034                   $5,000,000

Country West                                                 Fresno, CA                                     20,000                     $3,000,000

Crossroads Shopping Center                    Kailua-Kona, HI                          74,918                   $11,500,000

CVS Drugstore                                                Roswell, GA                                  10,125                     $2,050,000

Designer Outlet Gallery                             Secaucus, NJ                                 76,424                   $14,000,000

Dixie Yams                                                      Fresno, CA                                    500,000                 $10,000,000

Euclid I                                                             Rolling Meadows, IL                 74,584                      $3,248,517

Francisco Bay Office Park                          San Francisco, CA                       300,000                $48,000,000

Fresno Browning Office Center                Fresno, CA                                    39,304                      $5,000,000

Fresno Pop Shoppe                                      Fresno, CA                                    20,000                          $400,000

Fulton Plaza                                                    Merced, CA                                   35,000                     $4,100,000

Garden Stonebridge                                    Florissant, MO                            140,576                   $3,000,000

Gellert Square                                               S. San Francisco, CA                   120,000                   $8,000,000

Gentry Portfolio                                            Honolulu, HI                                286,127                 $25,000,000

Gerbes Market Square                               Jefferson City, MS                       53,430                      $2,500,000

Gettysburg Address                                     Fresno, CA                                    120,000                   $5,500,000

Grand Union Supermarket                       Valatie, NY                                   72,332                      $4,300,000

Grand Union Supermarket                       Tannersville, NY                        21,756                      $4,300,000

Grand Union Supermarket                       Morristown, VT                          46,844                      $7,800,000

Gridley Plaza Shopping Center                Gridley, CA                                   100,000                   $8,000,000

Harbor Court Condominiums                   Honolulu, HI                                                                 $25,000,000

Havana Market Square                              Aurora, CO                                    120,671                   $9,500,000

Hawaii Kai Shopping Center                     Hawaii Kai, HI                             110,000                $23,000,000

Hilo Hattie - The Beachwalk Project      Honolulu, HI                                20,000                   $12,000,000

HomeBase                                                       Brea, CA                                         133,112                $10,000,000

Jewel Market Square                                   Lakewood, CO                             92,659                      $6,400,000

Kauai Village Shopping Center                Waipouli/Kapaa, HI                 113,502                $18,100,000

Kings Garden Village                                   Fresno, CA                                    75,000                      $5,000,000

Kona Village Resort                                     Kailua-Kona, HI                                                           $23,000,000

Kona Village Resort                                     Kailua-Kona, HI                          160,000                $20,000,000

Kragen Auto                                                   Fresno, CA                                     10,000                         $400,000

La Verne Town Center                                La Verne Town, CA                     250,000                $23,000,000

Leetsdale Market Square                          Denver, CO                                   83,243                      $5,400,000

Los Palmas                                                      Fresno, CA                                    280,000                   $4,000,000

Lowe's                                                               Clovis, CA                                      163,522                   $4,000,000

Marina Del Rey Shopping Center           Marina Del Rey, CA                    320,000                $39,000,000

Merced Mission Plaza                                 Merced, CA                                   100,000                   $6,000,000

Mililani Town Center                                   Mililani, HI                                   168,000                $26,000,000

Ming Plaza                                                       Bakersfield, CA                           140,000                $11,000,000

Mission Village                                              Fairfield, CA                                 155,000                 $12,000,000

Mission Village El Cajon                             El Cajon, CA                                  120,000                   $9,000,000

Mission Village Fairfield                            Fairfield, CA                                 200,000                 $12,000,000

Modern Fibers                                               Porterville, CA                            150,000                   $2,000,000

Modesto Plaza                                                Modesto, CA                                 40,000                     $1,800,000

Nauru Tower - Hawaiki Tower                 Honolulu, HI                                272,000                $68,000,000

Ocean Point                                                    Waipahu, HI                                 Residential          $10,000,000

Oceanside Best Plaza                                  Oceanside, CA                              160,000                $10,000,000

Olin Manufacturing                                     Corcoran, CA                                70,000                      $1,000,000

One Archer Lane                                           Honolulu, HI                                240,000                $60,000,000

One Kalakaua Senior Living                     Honolulu, HI                                160,000                $33,000,000

One Palauea                                                   Maui, HI                                         Residential          $10,000,000

One Palauea                                                   Maui, HI                                         Residential             $5,000,000

Pampro Plastics Building                          Chowchilla, CA                            100,000                   $2,500,000

Parkwood Plaza                                            Fresno, CA                                     78,568                     $9,300,000

Peach Tree                                                      Fresno, CA                                    40,000                      $1,000,000

Pearl Highlands Center                              Pearl City, HI                               410,578                $50,000,000

Pecos Market Square                                  Federal Heights, CO                  96,057                      $5,100,000

Plantation Town Apartments                  Waipahu, HI                                 150,000                $12,000,000

Prescott Plaza                                                Modesto, CA                                 65,000                      $3,000,000

R&D Building                                                 Sacramento, CA                          35,000                      $3,500,000

R&D Building                                                 Carson, CA                                    40,000                      $1,700,000

Red Bluff Plaza Shopping Center            Red Bluff, CA                                100,000                   $6,000,000

Redding Shopping Center                         Redding, CA                                 120,000                   $9,000,000

Ritz Carlton Hotel                                         Kapalua, HI                                  172,497                $53,000,000

Round Lake Shopping Center                  Round Lake Beach, IL              75,000                      $4,000,000

Royal Village                                                  El Cajon, CA                                  12,000                      $6,000,000

Rusty Leaf Plaza                                            Orange, CA                                   59,301                      $8,500,000

Safeway                                                            Waipahu, HI                                45,828                      $3,600,000

Sage Industrial Building                            Rosemont, IL                              103,971                   $2,846,808

Santa Maria Western Village                    Santa Maria, CA                          140,000                   $8,000,000

Schamberg Plaza Shopping Center        Schamberg, IL                            100,000                   $8,000,000

Shaw View Plaza                                           Fresno, CA                                     70,099                     $6,500,000

Shaw East Office Building                          Fresno, CA                                    24,393                         $425,000

Shaw-Maroa                                                    Fresno, CA                                    30,000                      $1,000,000

Shaw's Shopping Center                            New Haven, CT                            78,588                   $12,500,000

Shopping Center                                           Torrance, CA                                300,000                $32,000,000

Shops at Wailea                                             Wailea, HI                                    150,000                 $53,500,000

Snowmass Center                                         Snowmass, CO                             72,000                   $16,000,000

Snowmass Center                                         Snowmass, CO                             72,000                   $20,000,000

Snowmass Mall                                              Snowmass, CO                            55,000                   $20,000,000

Snowmass Mall                                              Snowmass, CO                            55,000                   $27,000,000

Southgate Plaza                                            Salina, KS                                      60,446                     $2,925,000

Stockdale Shopping Center                      Bakersfield, CA                           65,000                      $6,000,000

Table Mesa Center                                       Boulder, CO                                  42,459                      $2,350,000

The Brickyard                                                Santa Rosa, CA                            65,000                     $6,500,000

Torrance Best Plaza                                     Torrance, CA                               140,000                 $12,000,000

Trolley Square Mall                                     Salt Lake City, UT                      400,000                 $30,000,000

Vaca Village Shopping Center                  Vacaville, CA                                60,000                      $3,500,000

Villa Roma Apartments (160 units)      Bakersfield, CA                           160,000                   $6,500,000

Visalia Town & Country                              Visalia, CA                                    100,000                   $8,000,000

Wadsworth Market Square                      Arvada, CO                                   141,486                 $13,300,000

Waimalu Plaza                                               Honolulu, HI                               115,000                    $5,500,000

Waimalu Plaza Shopping Center            Aiea, HI                                          115,000                   $9,000,000

Waipahu Town Center                                Waipahu, HI                                87,783                   $15,000,000

Waipahu Town Center                                Waipahu, HI                                130,000                 $20,000,000

Waipahu Properties                                    Waipahu, HI                                45,000                      $4,000,000

Walgreen's                                                      San Francisco, CA                      13,390                      $3,900,000

Walgreen's                                                      Reno, NV                                       15,067                      $4,000,000

Walker-Pinkston Business Park             Fresno, CA                                    120,000                   $2,000,000

Walker-Pinkston Shaw Warehouse       Fresno, CA                                    60,000                          $750,000

Western Village                                            Clovis, CA                                       145,000                   $8,500,000

Western Village Shopping Center          Santa Maria, CA                          106,123                   $7,600,000

Westside                                                          Chicago, IL                                    479,278                   $3,518,568

Willow Plaza Shopping Center                Clovis, CA                                       88,096                      $4,500,000

Willow Plaza Shopping Center                Clovis, CA                                       88,096                      $5,000,000

Windward Mall Shopping Center           Kaneohe, HI                                 600,000                $60,000,000

Wine Press Shopping Center                   Fresno, CA                                     321,000                   $8,870,000