Chicago | Wednesday September 24, 2008 Jenner & Block Conference Center | 330 N. Wabash Avenue 8:30am - 1:30pm

IN A CLIMATE OF SIGNIFICANT CHANGE The Wall Street Journal is inviting market leaders to participate in a special forum focusing exclusively on real estate investments.

Featured topics: ƒ Capital markets in the context of aftershocks and recovery ƒ Global and emerging market investing opportunities ƒ Impact of the economic slowdown on property valuations ƒ Market sector investments: industrial, retail, office, multifamily

Special Invitation From

Investment Real Estate Forum Masters Series is produced by The Westcoast Group NY LLC The commercial real estate industry is undergoing major adjustments and changes, particularly in capital markets. The turmoil in the marketplace has been a serious concern among active individual and institutional investors.

The Investment Real Estate Forum – Masters Series – will feature industry leaders and their views about how the election, the economy and capital markets will affect real estate investments.

The Investment Real Estate Forum is a by-invitation-only roundtable for C-Level real estate executives, property owners, developers, individual and institutional investors. Limited to 150 guests.

The Masters Series is held in New York, Chicago, London, and Shanghai.

Past Forum Speakers Past Forum Speakers Past Forum Speakers Christopher J. Fiegen Robert J. Ivanhoe Frank L. Sullivan, Jr. Chief Investment Officer Chair Real Estate Practice Managing Director Equity International Greenberg Traurig ING Clarion

Stanley C. Gale Richard B. Jennings Scott C. Westphal, CFA Chairman, Managing Partner President MD, Portfolio Manager Gale International Realty Capital International Cornerstone Real Estate

Veronica W. Hackett Richard A. Kessler Gerald Seib Managing Partner Chief Operating Officer Assistant Managing Editor The Clarett Group Benenson Capital Partners The Wall Street Journal

Marc Holliday Joel S. Marcus Robert C. Lieber Chief Executive Officer Chief Executive Officer Deputy Mayor of New York SL Green Realty Corp Alexandria Real Estate Economic Development Equities John B. Hynes, III G. Scott Clemons CEO, Managing Partner Christopher Niehaus Managing Director Gale International Vice Chairman Brown Brothers Harriman Morgan Stanley Real Estate Dennis R. Irvin President & CEO James M. Orphanides Rockefeller Group Chairman Emeritus Investment Management The First American Corporation

© 2008 The Westcoast Group NY LLC ƒ (941) 955-0432 ƒ www.westcoastgroupny.com 7:30–8:30am Registration / Continental Breakfast

8:30–9:00am Opening Remarks Hessam Nadji, Managing Director, Marcus & Millichap

9:00–9:45am The State of Capital Markets; Aftershock & Recovery Donald I. Resnick, Partner, Jenner & Block, LLP Karen B. Case, President – Commercial Real Estate, The PrivateBank Richard H. Blum, Executive Vice President, Fifield Stephen R. Quazzo, Chief Executive Officer, Transwestern Investment Lawrence J. Vogler, President, The Prime Group

9:45–10:00am Coffee Break

10:00–10:30am Global and Emerging Market Opportunities; The U.S. and Abroad Quintin E. Primo, III, Chairman & CEO, Capri Capital Partners Howard Margolis, Managing Director, Black Creek Capital Christopher Fiegen, Chief Investment Officer, Equity International Eugene F. Reilly, President, The Americas, AMB Property Corporation Wenceslao Bunge, MD, Head of Real Estate, Credit Suisse Securities

10:30–11:15am Factors Driving Market Sector Investments Retail, Industrial, Multifamily, Office T. Patrick Duncan, President & CEO, USAA Real Estate Donald A. Miller, CEO, Piedmont Office Realty Trust Robert S. Aisner, President, Behringer Harvard Holdings G. Scott Clemons, Managing Director, Brown Brothers Harriman

11:15-11:30am Coffee Break

11:30– 12:00N Healthcare Real Estate: Financing a Growing Industry Debra A. Cafaro, President & CEO, Ventas Meredith Oppenheim, Senior Vice President, Savills Curt Schaller, Senior Managing Director, GE Healthcare Financial Services John Cobb, President & CEO, Senior Lifestyle Corporation

12:00pm Luncheon

12:30pm Keynote Speaker Diane C. Swonk, Senior Managing Director & Chief Economist Mesirow Financial

Guest Speaker Constance Mitchell Ford Real Estate Bureau Chief, The Wall Street Journal

1:30 – 2:00pm Networking Reception

Speakers Subject to Change. HOW TO REGISTER CANCELLATION Fax: (941) 955-0427 All cancellations will be subject to a $50 cancellation fee. Web: www.westcoastgroupny.com No refunds will be given for cancellations received after September 1, Mail: The Westcoast Group NY LLC 2008. All requests for refunds must be made in writing. 2127 Ringling Blvd., Suite 102 Sarasota, Florida 34237 HOTEL RESERVATIONS Delegates are responsible for their own hotel reservations. However, REGISTRATION FEE ($ 595.00) if you need assistance, please call The Westcoast Group NY at Jenner & Block Rate $ 475.00 (941) 955-0432. To receive the Jenner & Block discount, submit this form, or go to the www.westcoastgroupny.com and RECEPTION click the Investment Forum and click “Register.” All attendees are invited to a reception on Tuesday September 23rd Type in Discount Code “JB924.” from 6:00 to 8:00pm at The Sales Center, NBC Tower, 18th Floor, 455 No. Cityfront Plaza Drive. EVENT LOCATION RSVP by September 21 to (941) 955-0432. Wednesday, September 24, 2008 7:30am to 1:30pm Jenner & Block Conference Center Avenue, 40th Floor

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© 2008 The Westcoast Group NY LLC ƒ (941) 955-0432 ƒ www.westcoastgroupny.com