Investment Funds

Continental Realty Advisors currently manages the following multi-family real estate investment funds:

CRA-B1 Fund, sponsored by Continental Realty Advisors

A $300 million equity fund that combines instututional co-investment equity with co-investment equity from CRA Multi-Family Opportunity Fund. The fund is positioned to acquire approximately $1 billion in multi-family properties, nationwide, during 2010 and 2011. The fund investment parameters will include multi-family securities, multi-family debt, joint venture opportunities, and direct property investment in major metropolitan communities.

CRA Multi-Family Opportunity Fund, LLC

A $50 million equity fund that invests in direct real estate opportunities and will invest a percentage of fund assets in co-investment activities with institutional equity from Continental Realty Return Fund (CRRF). The fund is positioned to acquire approximately $1 billion in multi-family properties, nationwide, during 2010 and 2011. The fund investment parameteers will include multi-family securities, multi-family debt, joint venture opportunities, and direct property investment in major metropolitan communities.

Summit-CRA Multi-Housing Fund II: Closed 2008

Summit-CRA Multi-Housing Fund I: Closed 2007

Continental Realty Fund XII: Closed 2004

Continental Realty Fund XI: Closed 2002

Continental Realty Fund X: Closed 2000

Continental Realty Fund IX: Closed 1998