Responding to Anaheim�s need for high quality retail shopping, live theatres, and upscale restaurants and hotels, Pointe*Anaheim will merge the amenities of Universal Studios City Walk, New York City�s Time Square, and San Francisco�s Yerba Buena Gardens with a high-profile leisure destination that will attract local residents and visitors alike. 

Pointe*Anaheim will be a 650,000 square foot mixed-use retail entertainment project across from Disneyland and adjacent to the Anaheim Convention Center. Bound by Disney Way, Harbor Boulevard and Katella Avenue, the 29-acre project will feature three live performance theaters with 4,600 seats, three hotels totaling 1,050 rooms and 565,000 square feet of retail space and specialty restaurants. 

Construction on Pointe*Anaheim will begin next year and is expected to be completed by 2002. In addition to WAM and Excel Legacy, the development team includes Anaheim-based DDRM Hospitality and the Anaheim Center for Entertainment. 

Currently, the Anaheim Resort Area attracts over 20 million visitors per year.  The city�s public and private sectors have committed to over $4 billion of improvements for the Anaheim Resort Area including: a $1.4 billion expansion to Disneyland; a $1.6 billion infrastructure project to upgrade the I-5 Freeway; and over $500 million for the beautification and widening of local thoroughfares throughout the area. 

Sonnenblick-Goldman Company is the industry�s leading independent real estate investment banking firm.  Founded in 1893 to serve the financing needs of the real estate industry, Sonnenblick-Goldman Company provides a full range of real estate financial services including debt and equity placements, joint ventures, investment sales and real estate advisory services.  Headquartered in New York, Sonnenblick-Goldman Company maintains offices in Denver, Hong Kong, Los Angeles, Miami, San Francisco, Singapore, and Washington, D.C.  In 1998, Sonnenblick-Goldman Company completed major commercial real estate transactions with a gross value over $8 billion. 

Excel Legacy (XLG) is a public real estate company organized to create value through the acquisition, development and management of real property and real estate-related operating companies. Excel Legacy�s philosophy is to pursue signature projects that have the potential to generate above average profits because of their unique locations, concepts and/or entry barriers.  The Company currently has approximately 33 projects in various stages of completion.  Many of the projects are singularly unique with respect to the project, the inherent barriers to entry by competition and the substantial public assistance available to the projects.  The Company is actively pursuing a variety of real estate opportunities including developing mixed-use, retail/entertainment projects.