OFF MARKET HOTEL LISTINGS - CHICAGO, NEW YORK, CALIFORNIA

[Jensen Jeune]

1. Chicago Palmer House Hilton

Price will be shown to the interested parties only after registration.

Price should be in a range of $575M

2. Ritz Carlton Battery Park in NY

Asking: $165M, CAP 6.5%

Lease is still in place for another 53 years.

Owners are willing to give up management and franchise

3. Flatiron Hotel in NY

Asking: $60M, CAP 6%

Lease expires in 5 years

4. One Hotel in NY

Asking: $245M

CAP 5.5% is guaranteed for 5 years.

5. Hyatt Regency La Jolla in San Diego CA

Asking: $190M

CAP: 4.3% but there is room for improvement.

6. Sheraton San Jose in CA

Asking: $63M

CAP: 9%

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An NCND/MFA with a non-binding Letter of Intent and non-invasive Proof of Funds are the prerequisites that need to be submitted in order for address and financials to be released to prospective clients.