INVESTMENTS

The following are certain representative investments made by Criterion. As a strategic investor targeting the best risk adjusted returns on a transaction by transaction basis, Criterion’s track record includes debt investments, equity investments and hybrid capital structures.

Investment:

Mezzanine Loan

Size:

$200,000,000

Asset Class:

Hospitality

Business Plan:

Bridge to Redevelopment

Location:

New York, NY

Investment:

Participating Preferred Equity

Size:

$38,000,000

Asset Class:

Residential Condominium

Business Plan:

Ground-Up Development

Location:

Tysons, VA

Investment:

Stretch Senior Loan

Size:

$187,000,000

Asset Class:

Entitled Land

Business Plan:

Acquisition Financing

Location:

Brooklyn, NY

Investment:

Preferred Equity

Size:

$160,000,000

Asset Class:

Trophy Office

Business Plan:

Recapitalization (Partner Buyout)

Location:

New York, NY

Investment:

Preferred Equity

Size:

$35,000,000

Asset Class:

Core Multi-Family

Business Plan:

Ground-Up Development

Location:

Washington, DC

Investment:

Common Equity

Size:

$27,000,000

Asset Class:

Residential Condominium

Business Plan:

Adaptive Re-use Development

Location:

Brooklyn, NY

Investment:

Stretch Senior Loan

Size:

$90,000,000

Asset Class:

Residential Condominium

Business Plan:

Conversion Construction Financing

Location:

New York, NY

Investment:

Common Equity

Size:

$76,000,000

Asset Class:

Mixed Use

Business Plan:

REO Purchase for Redevelopment

Location:

New York, NY

Investment:

Mezzanine Loan

Size:

$35,000,000

Asset Class:

Trophy Boutique Office

Business Plan:

Bridge to Stabilization

Location:

New York, NY