Investment Summary

SUGAR CREEK I & II

Property Type         Office

Location                  Sugarland, TX

Loan Type               Mezzanine Loan

Loan Purpose         Acquisition Financing

Closing Date           April 2014

Developed in 1999 and 2008 respectively, Sugar Creek I & II are well-located office buildings located in the Sugarland planned community, southeast of Houston. The property has high parking ratios and the buildings comprise a total of 409,168 SF. The properties benefit from accessibility to residential communities, retail amenities, the Sugar Land Regional Airport and the city of Houston.