PROJECT EXPERIENCE

Cost Segregation

The following is a sample list of notable national properties & clients that our technical team has been engaged to complete cost segregation studies upon.

Resort Waikiki Park - Honolulu Westin Mission Hills - Rancho Mirage Regency Waikoloa - Hawaii Sheraton Torrey Pines - San Diego Halekulani - Honolulu Sheraton Grande - Los Angeles Hyatt Kawailoa - Kauai Doubletree Center - Santa Clara Manele Bay - Lanai Doubletree Compri Hotels - 6 Sites Lodge at Koele - Lanai Embassy Suites - Fort Worth Phoenician Golf & Tennis - Phoenix Four Seasons Hotel - Houston Wigwam Resort - Phoenix Hyatt Hotel - Austin Orange Tree Resort - Phoenix Washington Hilton - Washington, D.C. Sheraton El Conquistador - Tucson Hotel - Seattle Radisson Hotel - Tucson Wyndham Rosehall - Jamaica Crescent Hotel - Phoenix Beverly Hills Hotel - Beverly Hills

Specialty/R&D/Manufacturing Marshall Industries Northrop Corporation Bergin Brunswig Corporation Lockheed Corporation Nichii Company of America, Inc. MCA, Inc. Farmer John Intel Corp-Albuquerque Molecular Bio Systems Mckinley Paper-Albuquerque International Multifoods Sumitomo-Albuquerque Boeing Corporation IBM R&D Denso Wireless Systems America, Inc. Giant Industries - C Stations Gateway International/Grand Prix Assoc Rykoff-Sexton R&G Sloane Nestle Food Company/Nestle USA Dreamworks SKG Fox Network Studios

Cost Segregation Client List Page 1

Gaming Monte Carlo Hotel & - Stratosphere Hotel & Casino - Las Vegas Golden Nugget Mirage - Las Vegas Rio Hotel & Casino - Las Vegas Circus Excalibur - Las Vegas Ramada San Remo - Las Vegas Circus Circus - Las Vegas Circus Edgewater - Laughlin Circus Luxor - Las Vegas Circus Colorado Bell - Laughlin MGM Hotel & Theme Park - Las Vegas Circus Circus - Reno New York New York - Las Vegas Silver Legacy Hotel & Casino - Reno Eldorado Hotel & Casino - Reno Eldorado Hotel & Casino-Reno Ramada Tropicana - Las Vegas Eldorado Casino (Boyd) - Henderson Lady Luck - Las Vegas Showboat Hotel/Casino - Atlantic City Stardust - Las Vegas Cactus Pete's - Jackpot Station - Las Vegas Station Casino - Boulder Desert (Acquisition) - Las Vegas Sam’s Town - Boulder Buffalo Bills - Las Vegas Hotel & Casino - Las Vegas Whiskey Pete's - Las Vegas Trump Plaza - Atlantic City Fremont Experience - Las Vegas Goldstrike Hotel & Casino - Las Vegas Caesars Expansion - Las Vegas Jerry’s Nugget - Las Vegas Caesars Expansion - Atlantic City MGM 96/97 Expansion - Las Vegas Circus Circus 96/97 Expansion - Las Vegas Riviera Hotel & Casino - Las Vegas Harrah’s Jazz - New Orleans /Ramada - Atlantic City Resort-Las Vegas Venetian – Las Vegas Ameristar (Cactus) Reserve – Henderson Hollywood Park – Rio Hotel & Casino – Expansions II-V Hollywood Park Card Club/Casino - LA Lady Luck – Kahoma, Mississippi Fiesta Hotel & Casino-Las Vegas Aladdin Resort Casino – Las Vegas Park Place Entertainment-Las Vegas Las Vegas Hilton – Las Vegas Palms – Las Vegas Atlantic City Hilton – Atlantic City

Commercial/Retail Pier 1 Imports The GAP, Inc. CVS Smart & Final Kmart County Seat Costco Shopko Zale's Limited Stop & Go Circle K Walgreens Dick Clark , Inc. Ethan Allen Furniture 99c Stores Only Store of Knowledge Liberty House-Hawaii Blue Cross/Blue Shield Sports Authority

Retail Food Safeway Foods Super Value Lucky Stores Wynn Dixie Albertson's, Inc. Publix Supermarkets Vons Companies, Inc. Food Lion Ralphs Food Stores Cub Stores Kroger Food Stores American Stores Company Hughes Markets Food for Less Jewel/Osco Pro’s Ranch Markets

Cost Segregation Client List Page 2

Construction/Consulting Services Beverly Hills Hotel Stolte Construction William O'Neil & Company Mission First Financial Philsbury, Madison, Sutro Hokkaido Bank Honolulu Redevelopment Agency Hilton Hotels Devcal Industries, Inc. Collins Foods International, Inc. Pozzo Construction Co. Ford Aerospace Division Kinko's Kowa Real Estate Investment Co., Ltd. Sogo Co., Ltd.

Developers Aetna Realty Investors, Inc. Takenaka Corporation Mitsui Fudosan (U.S.A.), Inc. Trans America Realty Trammel Crow Maguire Thomas Partners Lincoln Properties Summa Corporation Castle & Cooke Properties, Inc. Nomura Real Estate International, Inc. Equitable Real Estate Weyerhaeuser Mortgage Company Prudential Development Group AMTAD, Inc. Dole Food Company, Inc.

National Health Care Providers AMI, Inc. Sentry Health Care Columbia HCA Universal Health

National Airports United Airlines – Terminals American Airlines - Terminals/Administration TWA - Terminals

Congeneration/Alternate Energy Westinghouse Cojen Technology Panda Energy Castle & Cooke

Golf Courses Lodge at Koeli - Lanai, Hawaii New Castle (2 ea courses) - Washington Lodge at Manele Bay - Lanai, Hawaii Indian Summer - Washington Pueblo Del Sol - Sierra Vista, AZ Plateau - Washington Bear Creek - San Jose, CA Keenes Point - Florida Ledges of St. George - Utah Golf Club of New England Plantation Bay Old Sandwich – Massachusetts Arroyo Trabuco – Mission Viejo

Cost Segregation Client List Page 3

River Boats Station Casino – St. Charles Sam’s Town – Tunica Louisiana Gaming – Baton Rouge Sam’s Town – Kansas City Treasure Bay – Tunica Horseshoe Gaming – Tunica Treasure Bay – Biloxi Horseshoe Gaming – Bossier City Circus Circus – Tunica Ameristar (Cactus) – Council Bluffs Trump Indiana – Buffington Pavillion Lady Luck – Bettendorf, Iowa Trump Indiana – Riverboat Sheraton – Tunica Grand Casino – Gulfport Harrah’s Southern Belle – Tunica Grand Casino – Biloxi Showboat – East Chicago, Indiana Grand Casino – Tunica Circus Tunica 97 Expansion – Tunica Aztar/Ramada – Evansville, Indiana Casino Magic – Biloxi Caesars Indiana River Boat – New Albany, IN Hollywood Park-Casino Magic – Bossier City Hollywood Park-Switzerland County (boat) Bally’s Tunica Hotel /Resort – Tunica Harrah’s Hotel & Casino – East Chicago, IN Harrah’s Tunica Hotel/Resort – Tunica

Franchise Restaurants McDonalds Wendy’s Carl’s Jr Pizza Hut Pizza Taco Bell Burger King Uno’s Subway Chili's Applebee’s Paco Loco Panera Bread Mi Pueblo P. L Whelihan’s Perkins Kobe Steakhouse Ruth Chris T-Bones Dunkin Donuts

Other Property Types Auto Dealerships Assisted living Facilities Agriculture facilities Banks Cinema’s Day care Facilities Distribution Facilities Drug Stores Dental Offices Fitness Centers Health Spas Hospitals Hotels – Full Service Hotels – Limited Service Mall – regional Mall - Strip Manufacturing (numerous types) Medical Centers Mixed – Use Mobile Home Parks Multifamily – Garden Style Multifamily – Hi Rise Nursing Homes Office – Warehouse Office Buildings Office Parks Pharmaceutical Plant Printing facility R & D Facilities – High End Restaurant – Franchise Restaurant – Quick Serve Retail – Bog Box Self Storage Facility Service Stations Shopping Centers Veterinary Clinic Warehouse Facilities

Cost Segregation Client List Page 4