A fund to acquire, assemble and / or entitle land parcels throughout the Southeastern U.S. and a development venture to perform vertical and horizontal developments on those parcels (the latter not included in the figures below).
|Total Capitalization:||$225.0 million|
|Total Equity:||$125.0 million|
|Investor:||$112.5 million (90%)|
|Operator:||$12.5 million (10%)|
|Closing Date:||November 2007|