Forest City Land Group

Forest City Land Group is a subsidiary of Forest City Enterprises, Inc., a $9.5 billion NYSE-listed national real estate company.* The Company is principally engaged in the ownership, development, acquisition and management of commercial and residential real estate throughout the United States. Based in Cleveland, Ohio, its portfolio includes interests in retail centers, apartment communities, office buildings and hotels throughout the United States. Established in 1921, Forest City operates under three strategic business units: Commercial, Residential and Land Development. It is committed to building superior, long-term value through a consistent strategic focus on projects in markets with high-growth potential and challenging barriers to entry. *(as of 04/30/07)

The company offers:

• The credentials to pursue and win unique real estate development opportunities.
• The resources to successfully complete even the most complex mixed-use projects.
• A long-term commitment to invest in its core, high-value properties.
• A focus on urban and suburban growth markets where it enjoys distinct, competitive advantages.
• An experienced management team that includes three generations of the Ratner/Miller/Shafran families.

• An unyielding entrepreneurial spirit, which keeps the development pipeline full of exciting, high-growth opportunities.
• A dedication to strategically balancing environmental resources, economic objectives and social systems.