Real estate related businesses are capital-intensive thus creating equity and subordinated debt investment opportunities to investors. Generation investor entities have traditionally been private investment companies and high net worth individuals. Individual investors must qualify as an "Accredited Investor" under Securities and Exchange Commission Regulation D. Generation currently maintains a $100,000 US Minimum investment threshold per partnership.

Andrew G. Bene –Generation Companies Board of Advisors Real Estate Investment Banking Group Marshall & Stevens, New York, New York

The following is a list of investment characteristics and considerations for potential investors:

	Direct Real Estate Investment
		Real estate markets are typically less efficient than capital markets
		Little to negative correlation to traditional stocks and bonds
		Typically an excellent inflation hedge
	Changing regulatory environment often gives developed real estate values an upward bias
	Geographic focus on areas with strong, growing economies
	Management team characterized by skill and integrity
	Extended stay lodging is a new product concept still in its growth phase where demand is estimated to exceed supply
	Unit level economics are the best of any segment in the lodging industry
	Lodging typically offers a higher risk, higher reward profile compared to other real estate categories
	Proven Integrity in financial accounting and reporting
	A consistent track record of investment performance and risk management

For additional investment information, please contact H. Mark Daley, III at 919-361-9000 or at mdaley@generationcompanies.com.