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	1300 Piccard Drive, Suite 106 Rockville, Maryland 20850 Phone: (301) 926-6790 Fax: (301) 948-0335		DEVELOPMENT PROJECTS PROJECT DESCRIPTION ED ROLE CURRENT STATUS Dakota Pointe Washington, DC 172 multi-family units JV Owner/Developer Construction begins Q2 2008 Dakota Square Washington, DC 460 multi-family units 80,000 sq ft. Retail JV Owner/Developer Pre-development Fennessy Lofts Washington, DC 38 condominiums Owner/Developer Substantially complete Logan Row Washington, DC 28 condominiums Owner/Developer Under construction: Anticpated completion March 2008 Park East Washington, DC 46 multi-family units Owner/Developer Final Pre-development Park Plaza at Lansdowne Town Center Loudon Co., VA 180,000 sq ft. Mixed-use Owner/Developer Final Pre-development Residences at Mazza Washington, DC 46 multi-family units Owner/Developer Design development Shelby Village Montross, VA 150,000 sq ft.Mixed-use Owner/Developer Pre-development Twin Rivers Reserve Colonial Beach Area 751 Single Family, Villa, and Townhouse units Owner/Developer Pre-development CONSTRUCTION PROJECTS PROJECT CLIENT DESCRIPTION ED ROLE CURRENT STATUS Dakota Pointe Washington, DC Lowe Enterprises 172 multi-family units General Contractor Construction begins Q2 2008 Dakota Square Washington, DC Lowe Enterprises 460 multi-family units 80,000 sq ft. Retail Pre-construction Consultant Pre-development Fennessy Lofts Washington, DC Ellis Denning Development 38 condominiums General Contractor Substantially complete Harbourside Washington, DC Amanda Hoffler 6 residential penthouse units Pre-Construction Consultant / General Contractor Under construction: Anticipated completion Q4 2008 Logan Row Washington, DC Ellis Denning 28 condominiums Owner/Developer Under construction: Anticipated completion March 2008 Moderno Washington, DC LaKritz | Adler 19 condominiums General Contractor Under construction: Anticipated completion June 2008 Mt. Vernon Commons Washington, DC JBG 145 apartments Pre-construction Consultant Design Development Ontario Court Washington, DC Jubilee Housing 27 multi-family units General Contractor Construction begins Q1 2008 Park Plaza at Lansdowne Town Center Loudon Co., VA Ellis Denning Development 180,000 sq ft. Mixed-use General Contractor Final Pre-development Residences at Mazza Washington, DC Ellis Denning Development 46 multi-family units Pre-Construction Consultant / General Contractor Design development Ritz Washington, DC Jubilee Housing 66 multi-family units General Contractor Final Pre-development 800 S. Washington Washinton, DC WRIT 75 condominiums General Contractor Substantially complete