Creating Value. Building Quality.

Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282 Phone 818.784.8745 Fax

ABOUT THE COMPANY Land Developers Associates (LDA) is a privately held company specializing in the real estate acquisition, development and investment opportunities, not only in, Southern California, but throughout a number of different states nationwide. With collective experience in the real estate sector dating back to the late 70’s, LDA has knowledge and expertise of the real estate industry for over thirty years. LDA utilizes capital and land equity from its own portfolio, as well as those of venture partners to optimize project and financial performance. LDA is managed by a solid team of skilled executives with industry expertise, operational talents and most importantly, records of success. In order to generate the highest possible yields, LDA carefully and methodically evaluates all land acquisition and financial returns in a timely manner. The goal is to focus on high yielding projects as opposed to mass production developments. From entitlement to development, to acquisition of finished lots, LDA’s team of seasoned professionals provides disciplined management of land acquisition, commercial and residential construction. LDA has established a secure foundation in Southern California that shows strong development activity for optimum return and long-term growth.

OUR MISSION LDA is a privately held development company that synergistically blends residential development and investment opportunities with integrated management skills and entrepreneurial spirit. LDA prides itself with the ability to negotiate deals that are acquired at a substantial discount. Furthermore, LDA is currently strategizing to acquire property with public agencies as partners, further reducing initial cash outlay. In lieu of contracting our operations, LDA is actively pursuing opportunities that will yield the highest return and allow for expansion in this uncertain environment. The deals that are made today were not possible in the past and that is why LDA is poised for success! In addition to development deals, LDA has a portfolio of over 100 rental properties that are cash flowing. In LDA's current portfolio and land deals under control, they will be increasing the number of rentals with primarily senior apartments by 300-400 units. LDA's mission is to develop projects of value and quality in Southern California primarily, but will consider other opportunities throughout the nation that will yield the highest possible return. "Our goal at LDA is to expand the existing operation by growing strategic alliances with investors and landowners for the development of residential real estate in established markets with strong demand to maximize return on investment and equity growth." -Daniel Singh, President of LDA

MANAGEMENT TEAM Daniel Singh, President A seasoned second-generation homebuilder with an extensive background in entitlement and development; who as a principal has acquired, developed and sold in excess of $300 million of real estate. He has entitled, approximately 25 development projects, resulting in excess of 1,500 units of residential and mixed use projects, in mostly in-fill communities of Los Angeles. Daniel Singh manages all major operations of LDA including forward planning, product design, land acquisition, marketing, sales and construction. Singh’s vision for the company is to continue to yield the highest return for investors through its residential real estate assets by measuring, developing and contributing to the company’s financial performance. Daniel Singh is a graduate from the University of Buckingham in Buckingham, England, holding a degree in Economics.

Jag Dylan Pathirana, Chief Financial Officer Holding over twenty years of experience in financial, auditing and city management fields, Pathirana brings a multitude of knowledge and experience to LDA as its Chief Financial Officer. Pathirana has worked in municipal government for over fifteen years, most recently as the City Manager and Director of Administrative Services for the City of Hawthorne. As the City Manager of the City of Hawthorne, Pathirana was responsible for the day-to-day operations of a medium-size city with 10 departments, over four hundred staff members and annual budgets in excess of $200 million. Pathirana’s municipal experience includes dealing with complex redevelopment issues; issuing municipal debt and refinancings; economic development and tax initiatives. Prior to his time in local government, Pathirana worked in the private sector in the fields of taxation, auditing and accounting both in the United States and in England. A graduate from the University of Buckingham, England, Pathirana holds a BS in Accounting and Financial Management and is a Certified Public Accountant and a Chartered Accountant (England).

Rodney Singh, Project Manager Rodney Singh, Project Manager at LDA, holds more than thirteen years of experience in the Real Estate Development Industry. With his most recent position held as the VP of Land Acquisition and Forward Planning for the Los Angeles/Kern County Division for D.R. Horton, Singh was responsible for the management of the Forward Planning Team and for the company’s acquisitions and dispositions. With projects in Los Angeles, Kern and Ventura counties, some of Singh’s daily operations also consisted of overseeing all active projects, management of vendors, and management of project budgets from $25 million to $250 million. Singh was also responsible for managing the Village at The Park master planned community in Camarillo and overseeing 100% of the development on this project. As VP of Land Acquisition, Singh sold a combination of 100 Single Family standing inventory homes, entitled properties and finished lot communities on behalf of D.R. Horton in 2008 and was successful in finalizing this transaction with the goal of removing these assets from the books prior to D.R. Horton’s fiscal year end – a total combined value of $30 million. Prior to his tenure at D.R. Horton, Singh worked for the Riley/Pearlman Company on the Valencia Marketplace project as the project accountant. Working in conjunction with Newhall Land, Singh managed the $100 million development from a cost analysis perspective and managed the entire project budget for the Valencia Marketplace. Singh is a graduate of Cal State University Los Angeles.

Phil Reyes, Public Affairs Phil has more than 30 years of professional and public affairs experience. He also maintains an outstanding and exemplary record of public & community service. He was first elected to the Duarte Board of Education in 1989 where he served four years and once as President. Phil was elected to the Duarte City Council in 1993. He has served as Mayor for three terms. During his tenure on the city council, Phil has been a strong proponent of youth services and an advocate for the underserved. Over the years, his work and reputation as a leader has produced a strong network of relationships throughout Los Angeles County and beyond. He has advised on many boards throughout the region. He currently is a board member of the League of California Cities Latino Caucus. In 2009 Phil launched a public affairs and community development company specializing in economic development and public affairs.

PAST PROJECTS                 

Gables of San Dimas, 40 houses CA Rancho Esperanza, 19 Custom Lots development CA Vista Verde Ranch, 100 Entitled Single-Family Lots CA Hesperia 120, Entitled and developed 120 Single-family lots CA Lakeview Terrace, 47 detached condominiums, Sun Valley, CA Ascott Down Estates, 34 single-family residential lots, Sunland, CA Picard Place Homes, 32 detached condominiums, North Hills, CA Victorville 40, Entitled Single-Family Lots, CA Highwater Heights, 20 single-family homes, Granada Hills, CA Sheldon-54, install infrastructure for 54 townhomes Sun Valley, CA De celis -38, Entitled and developed 38 lot project Van Nuys, CA 50 detached condominiums, West Covina Sesnon Ridge LLC Entitled 45 equestrian lots Granada Hills, CA 38 lots, San Dimas, CA 11 unit Condominium, Glendale, CA 40 detached town homes, San Dimas, CA Sienca Point, 9 lots, Thousand Oaks, CA

CURRENT PORTFOLIO Hotels (Presently Under Operation) Best Western Airport Inn Fort Myers, Florida

The hotel consists of 108 rooms, meeting rooms and other enchanting amenities. This facility has been in operation for more than 10 years. Centrally located in Fort Myers, Florida, the hotel is situated right off of Interstate 75 and close to Southwest Florida International Airport. The Best Western Airport Inn is the ideal place to stay for a relaxing Florida beach getaway.

Best Western Plus Northwest Inn and Suites Houston, Texas

The hotel consists of 88 rooms of which 30 are suites, meeting and banquet rooms, full breakfast, 25 non-smoking rooms and other appealing amenities. This facility has been operational for more than 4 years. This hotel is located in the northwest corridor of Houston, Texas. Aside from the great amenities, major corporations such as, Exxon/Mobile Corporation, Siemens Building Technologies and David Weekly Homes are all within close proximity to the hotel.

Four Points by Sheraton Fort Myers Fort Myers, Florida

LDA acquired the hotel in 2012 and after completing a comprehensive property improvement plan (PIP) the hotel was converted to a Four Points by Sheraton and opened under that banner in October 2013. This is the first hotel on Interstate I95 as travelers exit the Southwest Florida International Airport complex. The hotel was built in 2009 and has 110 guest rooms, of which 13 are suites. The hotel also has 2 banquet rooms and a full service bar and restaurant.

Hotels & Resorts (Future Projects) Playa Blanca South Shore, Puerto Vallarta, Mexico

This beachfront property consists of 300 acres. LDA is currently entitling the property for a 180 room resort and 200 condominiums. This entitlement will be approved in 2014.

Hampton Inn and Suites Simi Valley, California

This property consists of 1.7 acres adjacent to the 118 freeway in Simi Valley. Conveniently located adjacent to the 118 freeway, the project has great visibility in a prime location. LDA has received a letter of intent form Hilton Worldwide to construct either a Hampton Inn or a Hampton Inn and Suites at this site. We have commenced with the entitlement process and anticipate approval by May 2014. Hampton Inn Pomona, California

This property consists of 2.09 acres adjacent to the 10 Freeway in the City of Pomona. The Hilton Worldwide Group has approved this site for a Hampton Inn and we anticipate a 6storey, 106-room hotel. The entitlement process has commenced and anticipates completion by June 2014.

Courtyard by Marriott Calabasas, California

This site consists of approximately 29 acres adjacent to the 101 Freeway in the City of Calabasas. The hotel will be developed on a 3-acre site with the balance of the site preserved for natural habitat. Marriott has approved this site for a Courtyard Hotel and we anticipate a 3-storey, 145-room hotel with subterranean parking and a full service restaurant. The entitlement process will commence shortly and anticipates completion by early-2015.

Other Locations LDA is currently pursuing hotel development opportunities in other the cities, including Chula Vista, Downey and Santa Ana. LDA is presently in escrow on a 4-acre vacant lot located on the bay front in San Diego County. This site can accommodate two hotels; both the Hilton Worldwide Group and Marriott have expressed interest in providing a Hilton Garden Inn and Courtyard by Marriott hotels at this site.

Condominiums (Presently Under Operation) Terraza Del Mar Puerto Vallarta, Mexico

Terraza Del Mar is located just minutes south of Old Town Vallarta in the desirable neighborhood of Amapas. Comprised of 20 two and three bedroom residences including six spectacular penthouses, each unit has spacious terraces with breathtaking views of the Bay of Banderas. Inside you will find contemporary interiors that are warm and elegant appointed with granite and marble countertops, marble tile floors throughout, modern kitchens and full length sliding glass doors for true indoor outdoor “Vallarta style” living. Additional features include state of the art mini split air conditioning system, spacious laundry and storage area, tall ceilings (almost 9 feet) and a private terrace and double sinks in each master

bedroom suite. Amenities of the complex include 24-hour security, infinity edge pool, gym, sundeck, dramatic entrance lobby, private parking for each unit, landscaped tropical gardens, and a funicular style elevator.

Single-Family and Multi-Family Projects (Future Projects) Astoria Estates Agoura Hills, California The 106 acre site is located just south of the City of Agoura Hills with easy access to Kanan Road. It is perfectly situated to allow quick access to the City and community offered by Agoura Hills with just a few miles drive to the State Beaches of Malibu. This site is gorgeous with existing flat terrain surrounded by large ridges and 360 degree views. The site has an approved subdivision; however the property is in the process of being repositioned for a 115 unit senior apartment. Sesnon Ridge Granada Hill, California LDA is currently processing the tract map on a 128 acre property for the creation of 30 single family residence and a 100 unit senior apartment. The site is located north of the 118 freeway in the Granada Hills area. The entitlement jurisdiction is the City of Los Angeles. The topography has flat areas with the majority of it considered hillside. The site would include the creation and dedication of open space to the Santa Monica Mountain Conservancy. Copperhill Estates Santa Clarita (County of Los Angeles), California This project is a single-family residential project located within foothills of the Santa Clarita Valley. The project is designed to provide for 101 lots spanning over 79 acres; 95-single family lots, with average square footage of over 15,000 square feet each are created along with approximately 30 acres of open space

and parkland. An extensive nature trail easement will also be provided. The site will provide easy access to a nearby elementary school.

Property Management Joshua Crossing Palmdale, California

LDA currently manages over 50 single-family homes within this Palmdale, CA community as part of a community preservation program it started to acquire and manage newly built homes.

Terraza Villa Sylmar, California

LDA currently manages over 20 single-family homes within this Palmdale, CA community as part of a community preservation program it started to acquire and manage newly built homes.

Winchester Palmdale, California

LDA currently manages over 20 single-family homes within this Palmdale, CA community as part of a community preservation program it started to acquire and manage newly built homes.