CPN 2008 GreenBook

Owners, Managers & Developers SARES-REGIS Group The SARES-REGIS Group, headquartered in Irvine, Calif., develops and manages industrial, office, retail and residential properties in the western United States. The company’s combined portfolio of owned property and fee-based management contracts—including 14,000 apartments and 15 million square feet of industrial, office and retail space—is worth more than $4 billion. Properties under development include over 6.5 million square feet of industrial, office and retail GEOFFREY STACK space and more than 2,800 residential Managing Director & Principal units. Since its inception in 1993, the comSARES-REGIS Group pany has acquired or developed 44 million square feet of commercial properties and 19,000 multi-family and single-family housing units. multi-family properties. The program will involve extensive recycling, usage of green cleaning products and more efficient appliances and materials and will include other efforts to encourage environmentally friendly operations at all Sentinel properties. UBS Global Asset Management, Global Real Estate UBS Global Asset Management, Global Real Estate invests in properties in Europe, Japan, the United Kingdom and the United States and in publicly traded real estate equities worldwide. It offers core, core-plus and value-add strategies, real estate securities and agriculture investments on a global or country- or region-specific basis. The U.S. business—which includes UBS Realty Investors L.L.C., UBS AgriVest L.L.C. and real estate securities—forms the company’s largest segment, with 178 employees in Hartford, New York City, Dallas and San Francisco. It manages more than $17.5 billion worth of invested assets for commingled funds and individual clients. Sentinel Real Estate Corp. Sentinel Real Estate Corp. manages accounts for domestic and offshore institutional investors that hold diversified portfolios of multi-family, industrial, office and retail properties. It has been buying investment-grade residential real estate for 39 years. During that time, it has acquired and directly managed more than 130,000 multifamily units in over 460 garden-style and mid- to high-rise properties. DAVID WEINER For its 2009 operating plan, Sentinel is Vice Chairman launching a series of green initiatives at its Sentinel Real Estate Corp. Wood Partners Wood Partners develops, builds and acquires high-density and mixed-use communities. It has developed homes in Texas, Colorado, Nevada, Arizona, California and Washington, D.C., and plans to continue to expand in the coming years, considering entry into markets in Northern California, the Pacific Northwest, New York City and Boston. Wood Partners established its Green Team in early 2007 to promote green-building features and systems in the wood-frame multi-family industry. In March 2008, CB Richard Ellis Investors L.L.C., on behalf of one of its institutional investment funds, acquired a majority interest in Wood Partners. Wood Partners will retain its name and existing management team. REITs AMLI Residential AMLI Residential owns and manages luxury multi-family and mixed-use communities in major U.S. markets. Founded in 1980, it is now wholly owned by Prime Property Fund, a commingled institutional fund managed by Morgan Stanley Real Estate. AMLI is developing more than 1,700 apartment homes in six locations. Its portfolio includes 68 luxury apartment communities totaling 24,000 units in 11 U.S. cities. The company has responded to residents, employees and investors requesting a green focus. Its newest development—the LEED-certified, 440-unit AMLI 900 high-rise— opened in Chicago in June 2008. AvalonBay Communities Inc. “We AvalonBay Communities Inc. develops, redevelops and manages apartment communities in high-barrier-to-entry U.S. markets. Headquartered in Alexandria, Va., it owns 183 communities containing 52,167 units in 10 states and GREGORY MUTZ Chairman & CEO Washington, D.C. Of those communiAMLI Residential ties, 22 are under construction and eight are being reconstructed. In July 2008, AvalonBay and three partbelieve that the multi-family sector will remain ners—developer Millennium more local than global. Having said that, capital will Partners, the San Francisco Bay BRYCE BLAIR certainly expand toward a global investment footprint. Area Rapid Transit District and Chairman & CEO AvalonBay Communities Inc. California’s county of Contra Moreover, strategies, materials, design and Costa—broke ground on Avalon Walnut Creek at construction ideas will not stop at the border and Contra Costa Centre, a residential/mixed-use transit village adjacent to Pleasant Hill transit station near instead will encourage global interaction San Francisco. When complete, the community will and partnerships.” provide more than 2,800 residential units. —Gregory Mutz, AMLI Residential The 2008 Multi-Family Greenbook Commercial Property News 17

Table of Contents Feed for the Digital Edition of CPN 2008 GreenBook

CPN 2008 Greenbook Table of Contents Industry Update Green Update Giants Owners, Managers & Developers REITs Finance Firms Seniors Housing Providers Service Firms Software Providers Activity Index Alphabetical Master Listings

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