S&K Summit Investments LLC
Hampton Inn Omaha West

50% Ownership Interest in real estate and hotel business
Lakeside, NB
Property Description:
110 room Hampton Inn located in Lakeside NB.
Hampton Inn & Suites Kansas City

35% Ownership Interest in real estate and hotel business
Merriam, KS
Property Description:
85 room Hampton Inn located in Merriam KS.
Homewood Suites
20% Ownership Interest in real estate and hotel business
McDonough, GA
Property Description:
New hotel development of a 100 room Homewood Suites in McDonough GA.
Summerfield Suites
15% Ownership Interest in real estate and hotel business
Columbus, GA
Property Description:
New hotel development of a 105 room Summerfield Suites in Columbus GA.
Willow Glen Project

100% Ownership Interest
1345 Foxworthy Avenue
San Jose, CA
Property Description:
Acquired 0.7 acres for $1.375 million to build 5 detached single family homes on a private road. The projected completion date is early 2010.
San Felipe Project

67% Ownership Interest
4203 San Felipe Road
San Jose, CA
Property Description:
Acquired 2.98 acres for $2.3 million to build 8 detached single family homes and a 12,000 square foot medical office. The projected completion date is late 2010.
Downtown Gilroy Project

100% Ownership Interest
7711 Monterey Road
Gilroy, CA
Property Description:
Acquired land for $1.55 million to build 16 condominiums over 3,125 square feet of retail space. Subject property is located in the center of downtown Gilroy adjacent to public transportation. The projected completion date is late 2011.
Ripon Project

100% Ownership Interest
300 East Milgeo Avenue
Ripon, CA
Property Description:
Option to purchase 5.1 acres of land for $2.03 million to build 21 detached single family homes. The City of Ripon has a 2% growth control rate. The projected completion date is late 2013.