Transwestern Mezzanine Realty Partners III, L.L.C. ("Mezz Fund III")
Mezz Fund III had a final closing in October 2008 with total equity commitments of $427 million from 18 institutional partners and a number of high net worth investors. Mezz Fund III has already closed on 10 mezzanine loan investments with commitments of $213 million.

Transwestern Mezzanine Realty Partners, L.P. ("Mezz Fund II")
Mezz Fund II had a final closing in January 2005 with total equity commitments of $300 million from 11 institutional partners and a number of high net worth investors. Mezz Fund II has assembled a geographically and product diversified portfolio of 46 mezzanine loan investments with commitments totaling $736 million. The broad mix of investments throughout the U.S. includes office, residential, retail, hotel, and mixed-use assets. The fund has realized 28 mezzanine loan investments with commitments totaling $360 million.

Transwestern Mezzanine Realty Partners, L.P. ("Mezz Fund I")
Mezz Fund I had a final closing in December 2002 with equity commitments of $151.9 million. Mezz Fund I made 34 mezzanine loan investments totaling $260 million. The diversified portfolio, both geographically and by product-type, included a mix of residential, office, retail, and mixed-use assets. Mezz Fund I is now fully liquidated having realized the repayment of all 34 loans generating outstanding risk-adjusted investment returns.