DBI Asset Management, Inc. DBI Commercial Real Estate, Inc. BR Commercial Investments, LLC

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1 Dick Bridy is the CEO of DBI Group and has more than 35 years of commercial real estate development, brokerage and asset management experience. Mr. Bridy has created a results oriented company with low overhead and a high level of expertise. This ability to fashion the company to meet the tasks at hand creates DBI Group s competitive advantage in the market place and the flexibility to adapt to market changes, doing it quickly and in a cost effective manner. EXPERIENCE DBI Group of Companies La Jolla, CA Present The DBI Group is a boutique real estate development, brokerage and asset management firm with unparalleled experience in the redevelopment of commercial retail centers and single tenant properties. To that end, we have developed a structure unique to our industry - a synergistic network of 3rd party teams that consult, develop and implement business plans focused on the maximum economic potential for each redevelopment project. The result is a firm that is much more than the sum of its parts, which reacts to supply and demand in the marketplace with maximum speed, innovation and efficiency. DBI Retail Ventures, LLC Manager DBI Retail Ventures specializes in acquisition, development, and redevelopment, of shopping centers and single tenant retail sites. DBI Asset Management, Inc. Principal Asset Management supervised the redevelopment of 14 shopping centers with over 3.5 million square feet of GLA. The company prepares financial analyses, market valuations and financing pack- ages. It also coordinates, supervises entitlements, architectural design, construction bidding and supervision, leasing and re- merchandising programs. DBI Commercial Real Estate, Inc. DBI Commercial Real Estate, Inc. has successfully brokered the purchase and leasing over $375,000,000 of commercial properties for its clients and partners, and negotiated over 1630 leases. BR Commercial Investments, LLC Principal 1998 Present BR Commercial Investments, LLC is a portfolio of single tenant properties that is to provide cashflow and asset appreciation for our investor friends in their retirement years.

2 Red Mountain Real Estate Santa Ana, CA Developer/Enterprise Team Leader Through the DBI Group Company, DBI Asset Management, Dick completed the redevelopment of 4 shopping centers with over 400,000 s.f. in GLA. The properties were located in Salt Lake City, Overland Park KS, Bozeman MT, and Santa Ana CA. Lamar Companies Murrieta, CA Vice President Western Division Redeveloped and expanded 5 California shopping centers bought in 1996 for $32M, in a distress sale from Citicorp. Following an aggressive 2- year leasing and construction program, the portfolio was sold for over $64M. John Burnham and Company Senior Vice President/Principal Founded the Burnham Retail Group, and was the top retail producer in 12 of the 18 years with the company. Prudential Bache (Prudential) Stock Broker San Diego State University School of Business Administration Finance Instructor Commissioned Officer - United States Marine Corps Conus, Europe, Middle East, Far East Marines' Memorial Association, San Francisco, CA EDUCATION University of Phoenix Doctor of Management in Organizational Leadership (DM) Candidate Phoenix, AZ Expected University of Southern California, Marshall School of Business Los Angeles, CA Executive Master of Business Administration (EMBA) May 2008 San Diego State University, Graduate School of Business Master of Business Administration, Finance (MBA) May 1975 University of Pennsylvania, The Wharton School Philadelphia, PA Bachelor of Science Economics, Marketing (BS) May 1969 LICENSES AND DESIGNATIONS Licensed Real Estate Broker, State of California International Council of Shopping Centers (ICSC) Senior Certified Leasing Specialist (SCLS) Certified Commercial Investment Member of the National Association of Realtors (CCIM)

3 Reference List Malin Burnham. Past Chairman BURNHAM REAL ESTATE SERVICES 110 West A Street, Suite Phone: (619) Leedy Ying, President LY INVESTMENTS Whittier Blvd. Whittier, CA X- 124 David Lee, Principal FARIS LEE INVESTMENTS, INC DuPont Drive Suite #100 Irvine, CA Phone: (949) Joe Faris, President KJF PARTNERS, INC P.O. Box 459 San Clemente, CA Phone: (949) Brian Malk, Principal Peter Zarcades. Principal MIDTOWN NIKI GROUP 9171 Towne Centre Drive Suite Phone: (858) Mark Greco Sr. Vice President, Asset Manager URDANG & ASSOCIATES 630 West Germantown Pike Suite 321 Plymouth Meeting, PA Phone: (610)

4 Craig Irving, President The Irving Group 4320 La Jolla Village Drive, Suite Phone: (619) Jack A. Naliboff CSM StepStone Real Estate Services 2750 Womble Road Suite Phone: (619) David M. Goosenberg, Principal- General Counsel ALBERTA DEVELOPMENT PARTNERS Ventura Boulevard, PH- 2 Encino, California Craig J. Richie, Principal CRAIG J. RICHIE DESIGN 3500 S. Greenville Street Santa Ana, CA (714) Mark Kalkus, President & CEO LAMAR COMPANIES Bradford Road, Suite #200 Littleton, CO Phone: Stath Karras, Executive Regional Director CUSHMAN AND WAKEFIELD 747 Executive Drive - 9th Floor Phone: (858) Stuart Makler, President STUART MAKLER & ASSOCIATES 300 Pacific Coast Highway Suite 308 Huntington Beach, CA Phone: (714)

5 Michael Mugel, CEO RED MOUNTAIN RETAIL GROUP 1234 East 17th Street Santa Ana, CA Phone: (714) Tom O'Malia Director, Lloyd Greif Center for Entrepreneurial Studies Division - Marshall School of Business University of Southern California Los Angeles, CA Phone: (213) David Logan, PhD Department of Management & Organization - Marshall School of Business University of Southern California Los Angeles, CA Phone: (213) Billy Mariscal, Principal Primus Construction Washington Suite 201 Murrieta CA Phone: (951) Rick Hearn Sr. Vice President VESTAR DEVELOPMENT CO East Camelback Road, Suite 750 Phoenix, AZ Phone: (602)

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