An Example of Value Creation Opportunities within the Parking Sector:

Specializing in the Acquisition and Development of Parking Assets

AREC, as one of its specialties and on behalf of , Inc and its affiliates, seeks:

• To acquire $100 – $200 million in parking related assets nationwide annually
• To pursue select acquisitions of parking companies with a portfolio of parking assets
• To continue expanding our parking platform and business segments to capitalize on emerging opportunities nationwide.

Primary targets include:

• Urban CBD Garages And Parking Lots In Major Tier 1 Markets
• Strongest Garages And Parking Lots In Second Tier Cities
• Existing, New And Proposed Garages
• Condominium Interest Parking Garages In Mixed-Use Projects
• On-Airport And Off-Airport Parking Facilities
• Parking Garages With A Retail Component
• Municipal And Institutional Parking Assets

AREC can:

• Be Creative In Funding And Financing Capital Projects;
• Provide Equity For Necessary Capital Projects And Conserve Bonding Power For Other Capital Needs;
• Provide Significant Experience In Developing And Managing Parking Assets, Which Will Lead To Cost Savings And Higher Net Returns
• Accelerate The Delivery Of High Priority Projects;
• Structure Off Balance Sheet Projects;
• Substitute Private Resources And Personnel For Constrained Public Resources; And
• Implement Innovative Technologies And Management Techniques.