Core I Core Plus I Value-Add I Opportunistic

Core Plus Product: A Mid-Atlantic Private Real Esate Investment Trust (REIT)

A Mid-Atlantic focused private REIT was launched in March 2006 by LBC and The Bernstein Companies of Washington, DC. This private REIT's investment strategy is to acquire and enhance strategically located, stabilized, commercial office properties in suburban and central business district locations in the Mid-Atlantic markets of the U.S., including Washington, DC, Philadelphia, Baltimore, and Richmond.

This REIT is intended to generate long-term, risk adjusted returns on the return spectrum between "core" real estate returns, represented by the NCREIF Property Index, and the higher "opportunity" returns sought by opportunistic funds, such as The Consortium Series. The fund prudently and moderately uses leverage in its portfolio of core assets to achieve core-plus results.

Key Characteristics:

• Core-plus real estate investments in Mid-Atlantic markets
• Moderately leveraged
• 100% union labor for all building improvements
• Inception: March 2006
• Open-end term
• $241.6 million in total assets
• Currently invested in 3 projects

Competitive Advantages:

• High quality properties with steady income
• Strong market focus in the Mid-Atlantic markets
• Management co-investment
• Proven management
• Competitive fee structure
• Responsible contractor policy
• Core-plus returns
• REOC Qualification

Important Disclosure
Please note that nothing on this web site should be construed as an offer to sell or the solicitation of any offer to purchase an interest in any private investment fund affiliated with LBC.