Calare creates value through intelligent redevelopment, repositioning, and hands-on management. Calare's superior track record of success in arranging, leading, and managing private equity real estate investments can be attributed to:

• The broad experience of the management team,
• Calare Properties' value investing philosophy and hands-on property management
• "First-look" at many investment opportunities through its extensive network of industry contacts, resources, brokers, and investors
• The co-investment of all of senior managers and a compensation strategy aligned with the funds' investment goals.

Calare's funds will invest primarily in warehouse/distribution properties, but will also pursue highly compelling retail and office opportunities.