Joint Venture Platforms

• A 50% interest in Lex-Win Concord LLC, a joint venture with Lexington Realty Trust, which owns a 100% common interest in Concord Debt Holdings LLC. Concord owns a portfolio of loan obligations, including interests in first mortgage loans, commercial mortgage-backed securities, mezzanine loans and B notes which are subordinated junior participations in first mortgage loans. Concord has approximately $570 million in assets. Both the Trust and Lexington have contributed and invested $162.5 million to and in Concord.
• One participating convertible mezzanine loan and an equity investment accounted for as a preferred equity investment in an entity holding a multi-tenanted office building, containing approximately 229,000 square feet located in Chicago, Illinois.
• Ten participating convertible mezzanine loans and equity investments accounted for as equity investments in entities holding multi-tenanted office buildings, containing approximately 1.7 million square feet located in the Chicago, Illinois metropolitan and suburban area and two participating second mortgage loans on two multi-tenanted office properties containing more than 249,000 square feet located in suburban Chicago, which we refer to as the Marc Realty portfolio.
• An 80% interest in a partnership that owns approximately 126,000 square feet of retail and office space constituting the first six floors of a mixed-use building and 208 parking spaces located in Chicago, Illinois.
• An 8% controlling interest in a nine story, 614,000 square foot office building located in Houston, Texas that is 100% triple net leased to Spectra Energy Westheimer, LP (formerly known as Duke Energy Corp.). This property is commonly referred to as 5400 Westheimer.
• A 60% interest in a partnership that owns an approximately 54,000 square foot office property located in Lisle, Illinois.
• An initial 60% interest with Sealy & Company Inc. ("Sealy") which joint venture acquired 12 flex properties containing an aggregate of 472,000 square feet of space located in Atlanta, Georgia.
• An initial 50% interest with Sealy which joint venture acquired 13 light distribution and service center properties containing an aggregate of 1,155,000 square feet of space located in Nashville, Tennessee.
• An initial 68% interest with Sealy which joint venture acquired six properties containing an aggregate of 470,000 square feet of space located in Atlanta, Georgia.
• A 60% interest with Marc Realty in a 244,000 square foot multi-tenant office building located in Chicago, Illinois known as River City.