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Preferred Capital Management Incorporated
SUCCESSES

PCMI's Proven Success

PROPERTY

PURCHASE

SALES

ROI %

COE

Price

Down

Additional Capital

First Loan

COE

Price

Approx. Net Proceeds

Meadows Subdivision

31 Dec 02

1,020,000

1,020,000

0

2 Mar 04

1,538,000

1,538,000

50.8

Bali Palm Apartments

10 May 04

4,475,000

1,119,000

3,356,000

24 Aug 06

6,250,000

1,989,403

77.8

Kent Fourplex

15 Jul 03

200,000

40,000

160,000

30 Dec 05

360,000

183,400

358.5

Hayward Townhomes(partial interest)

3 May 94

850,000

170,000

680,000

26 Jul 01

1,700,000

1,049,680

517.5

North Fruit Apartments

31 Aug 95

685,000

137,000

548,000

29 Aug 02

940,000

335,600

144.0

Castle Rock Apartments

21 Dec 01

1,175,000

345,000

830,000

20 Dec 02

1,595,000

647,875

87.8

Pointe Benson Apartments

14 Jul 03

2,400,000

480,000

1,920,000

14 Sep 04

2,911,232

991,232

106.5

42nd Avenue Apartments

19 Aug 94

290,000

290,000

160,000

0

1996/97

800,000

752,000

67.0

Raintree Apartments

1 Sep 95

1,056,000

211,200

844,800

29 Dec 00

1,610,000

703,400

233.0

Sommerset Apartments

31 Oct 94

975,000

243,750

250,000

731,250

29 Apr 03

3,080,000

2,163,950

338.0

DoyleGardens Apartments

16 May 01

3,475,000

1,208,611

2,166,389

3 Jul 05

6,400,000

4,045,776

234.0

Wrangler Court Apartments

25 Feb 00

1,100,000

220,000

880,000

11 Apr 02

1,871,840

885,000

302.0

ParkerPlace Apartments

7 Jan 94

475,000

118,750

356,250

21 Sep 98

562,119

245,728

106.9

Sequoia Park Apartments (Partial Interest)
1997
375,000
375,000
0
1998
733,333
733,333
95.5
 

PCMI's Success in the Making

PROPERTY

PURCHASE

ESTIMATED VALUE

ROI %

COE

Price

Down

First Loan

Valuation Date

Price

Approx. Gain

Westchester Townhomes

29 Feb 96

1,020,000

218,500

816,000

1 May 09

2,860,000

1,872,400

756.9

Hart Terrace

1 Oct 07

1,950,000

487,500

1,462,500

1 May 09

3,672,000

1,989,180

308.0

Northcliff Terrace Apartments

1 Oct 07

2,950,000

737,500

2,212,500

1 May 09

4,437,000

1,958,280

165.5

Northbrook Apartments

24 Mar 06

4,850,000

1,025,000

3,825,000

1 May 09

6,300,000

2,247,000

119.2

Summerglen Apartments

4 Jan 07

9,450,000

1,900,000

7,550,000

1 May 09

11,000,000

3,450,000

81.57

Sagecrest Apartments

11 Apr 02

5,500,000

885,887

4,837,500

1 May 09

11,000,000

6,600,000

645.0

Sierra Court Apartments

April 94

850,000

170,000

680,000

1 May 09

2,000,000

1,880,000

1005.9

Aspen Village Apartments

3 Jan 03

3,269,175

1,320,932

1,948,243

31 Oct 08

5,000,000

2,892,000

118.9

Bryn Mar Apartments

1 Oct 03

7,000,000

2,642,500

4,357,500

21 Mar 08

9,390,000

5,070,500

91.9

•   These Properties are currently owned and operated by PCMI
•   Estimated Value is determined by either Appraisal or Broker Opinion of Value

PCMI's Proven Reit Success

REIT

PURCHASE

ESTIMATED VALUE

ROI %

Price/Share

Date

Price/Share

Approx. Gain

Avalon Bay

$52.18

06 May 2009

$86.87

23 March 2010

66.16

Apartment Investment and Management Co.

$5.30

31 March 2009

$19.83

22 March 2010

274.0

Equity Residential

$19.83

07 May 2009

$39.50

22 March 2010

99.0

 
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