These transactions were completed by Matthew Kenney, Managing Director of Pinnacle Realty Investments.

About Pinnacle Realty Investments:
Pinnacle Realty Investments (�PRI�) is a boutique real estate brokerage firm headquartered in Boston, Massachusetts.  PRI focuses exclusively on hotel transactions, hotel financing and refinancing, and the sourcing of equity for lodging related projects and companies.  In 2003, PRI transacted $390 million in hotel transactions, mortgage capital and equity.  For more detail on specific transactions please call the Boston office at (617) 523-0001.

About Pinnacle Advisory Group (PRI�s sister firm):
Pinnacle Advisory Group is a national hospitality-consulting firm. Having evolved from its inception in 1991, Pinnacle is a leader in the hospitality consulting industry, providing a full complement of counseling services. The firm has successfully completed hundreds of hospitality-related consulting engagements throughout the country. Pinnacle services a myriad of clients within the hospitality industry, including small development companies, large Fortune 500 corporations, some of the country's largest real estate investment and development firms, pension funds, real estate investment trusts (REITS), insurance companies, and financial institutions. The firm�s principals, who have over four decades of combined experience, are supported by a staff that includes 15 professionals. These professionals are graduates of hotel management programs at leading universities and colleges and have managerial hospitality experience. Pinnacle maintains a national presence with offices in Boston, Philadelphia, Houston, Mobile, Portland, and Miami.