S&K Summit Investments LLC

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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.