RONALD G. FIRESTONE Ronald G. Firestone, A.I.A. is a licensed architect and founder of Firestone Design with offices in Beverly Hills, Toluca Lake, Lake Tahoe, Las Vegas and Southampton, New York which is scheduled to open in the spring of 1997. Firestone Design specializes in architectural design, site planning, interior design and master planning, with its primary focus on large-scale luxury residential homes and estates, ranging from 10,000 - 50,000 square feet of living space. In the recent past, Mr. Firestone has designed over 45 large scale estates for clients worldwide. Additionally, during his career he has designed approximately 2,000 homes and has been retained by various corporate clients including Home Savings of America, Prudential Oil, D.K. Ludwig and Hilton Hotels. Mr. Firestone has over thirty years of experience and is regarded as one of the premier residential architects in America. He has been featured in Architectural Digest and other architectural periodicals numerous times. Firestone Design's elite client list includes senior Wall Street executives, Hollywood celebrities, individuals listed in the Forbes' 400 and foreign royalty. JOSEPH A. BOYSTAK  Joseph A. Boystak is an investment banker with significant experience in corporate finance, mergers and acquisitions, and asset securitization. Among other activities, Mr. Boystak has completed over $300 million of real estate related financing including sale/lease backs, participating mortgages and REIT offerings. Mr. Boystak is a frequent speaker at professional conferences on various corporate finance topics. Mr. Boystak received a Bachelors degree cum laude from Boston University, a Master's degree from The Johns Hopkins University and completed additional graduate course studies at the Wharton School, University of Pennsylvania. RALPH D. COSSEY Ralph D. Cossey is the construction manager for APL. Mr. Cossey has over thirty years of experience as a general contractor and specification writer for commercial and residential building. His commercial construction activity includes work for Southern California Edison, McDonnell Douglas, Rockwell International, Queen Mary Tour Area, the California Jewelry Market and others. The scope of the residential and commercial work ranged from new construction to complex seismic retrofitting. Additionally, Mr. Cossey was Vice President of Diamond W. Supply a building material company. Prior to that he worked with Donn Products, Inc. which has since been purchased by U. S. Gypsum, as Manager of building products. Mr. Cossey started his career with United Parcel Services in the Industrial Engineering Department responsible for space planning and functional design. Mr. Cossey has been a guest speaker at various building seminars and trade conferences. He received his Bachelors degree from Kent State University and completed additional study at U.C.L.A. CHARLES F. HILL Charles F. Hill is a consultant to APL and has an extensive background in real estate finance, development and investment totaling over $1.0 billion. He was formerly associated with ING Barings directing the origination of commercial mortgages in the Western Region for ING's Loan Securitization Group. During the 4th quarter of 1996 the Group successfully participated in a $395 million pool securitization. Prior to his experience at ING, he was a Senior Vice President of a Los Angeles-based bank where he re-engineered the major loan department and established conduit lending relationships with various Wall Street firms including J.P. Morgan and Citicorp. Mr. Hill has a Bachelors degree from UCLA and a Juris Doctor degree from Southwestern University School of Law. He pursued post graduate studies at UCLA and the Wharton School of Business. His professional affiliations include memberships with the Mortgage Bankers Association and the International Council of Shopping Centers. He also has been a guest instructor of real estate finance at the UCLA Graduate School of Business.