Though the lending game remains the same in 2000, many of the players have changed. SCW's third annual ranking of the Top Retail Lenders is proof enough.

Whether they fell out of the rankings, fell out of the business altogether or merged with other companies, several lenders that made a splash in 1999 are no longer around.

Not so, Lehman Brothers. The New York-based direct lender remains in the survey's top spot, as it has for the past three years.

The company's total lending amount of $5 billion supported some of the year's most notable retail projects, including Ala Moana Center in Honolulu and Century City Mall in Los Angeles. However, Lehman Brothers' figures showed no growth over the previous year's lendings.

Smaller loans across the board Indeed, all of the companies that reappeared in this year's ranking originated a smaller retail loan amount in 1999 than projected.

For instance, No. 5-ranked Keybank National Association fell way short of its lending goal of $7.2 billion. The Cleveland-based company's 1999 total amounted to $1.59 billion.

On a more positive note, Horsham, Pa.-based GMAC Commercial Mortgage Corp. brought in its best figures yet. With $1.6 billion in loans, the 7-year-old company came quite close to achieving its 1999 goal of $2 billion, making GMAC this year's biggest mover. The company ranks No. 2 this year, as opposed to its previous slot at No. 7.

This year, the top 10 direct lenders accounted for approximately $22 billion in loans.

Intermediaries ranked In addition to the Top 25 Retail Lenders, SCW ranks the Top 10 Intermediaries.

For the second year, Dallas-based Holliday Fenoglio Fowler heads the list, reporting $1.9 billion in financing arrangements for retail projects across the United States in 1999. Houston-based L.J. Melody claimed the No. 2 position, with $1.7 billion in total retail dollars arranged.

Survey respondents were instructed to focus their reporting on the total dollar amount committed or arranged during 1999 only for retail projects (strip centers, regional malls, freestanding stores, etc.)

Most respondents are active across the various commercial real estate property types.

1 Lehman Brothers 3 World Financial Center

New York, NY 10285

Phone: (212) 526-7000

Web site: www.lehman.com

Total Retail Dollars Financed: $5 billion

Officers: Mng. Dir., Michael Mazzei; Mng. Dir., Mark Walsh

1999 Major Projects: MEPC and USPPI Portfolios, Various, Amount: $700,000,000; Ala Moana, Honolulu, HI, Amount: $438,000,000; Century City Mall, Los Angeles, CA, Amount: $160,000,000; Woodland Hills Mall, Tulsa, OK, Amount: $90,000,000; Sangertown Square Mall, New Hartford, NY, Amount: $76,500,000

2 GMAC Commercial Mortgage Corp 650 Dresher Road, P.O. Box 1015

Horsham, PA 19044

Phone: (215) 328-1942

Fax: (215) 328-1976

Web site: www.gmac.com

Total Retail Dollars Financed: $1.6 billion

Officers: Chmn./CEO, David E. Creamer; Pres./COO, Charles E. Dunleavy Jr.

1999 Major Projects: Whitehall-Zamlas Mall Portfolio, various, Amount: $42,200,000; Red Rose Commons, Lancaster, PA, Amount: $28,300,000; Hampshire Mall, Hadley, MA, Amount: $24,500,000; Safeway Plaza, Maple Valley, WA, Amount: $12,000,000; 47-71 Tamal Vista Blvd., Corte Madera, CA, Amount: $6,000,000

Lending Goal 2000: $1.6 billion

3 TIAA-CREF 730 Third Ave.

New York, NY 10017

Phone: (212) 916-4144

Fax: (212) 916-6005

E-mail: jthomson@tiaa-cref.org

Total Retail Dollars Financed: $1.55 billion

Officers: Chmn., John Biggs; Vice Chmn./Chief Investment Officer, Martin Liebowitz; Sr. Mng. Dir., Joseph Luik; Press Relations Officer, Claire Sheahan

1999 Major Projects: Parks at Arlington, Arlington, TX, Amount: $115,000,000; Citrus Park Town Center, Tampa, FL, Amount: $100,000,000; Southcenter Mall, Tukwila, WA, Amount: $95,000,000; Baybrook Mall, Houston, TX, Amount: $95,000,000; Coastland Center, Naples, FL, Amount: $87,000,000

Dollars Financed by Region: Northeast: $214,300,000

Southeast: $488,300,000

Midwest: $162,500,000

Southwest: $395,000,000

West: $292,000,000

Lending Goal 2000: $640 million

4 Morgan Stanley Dean Witter 1585 Broadway

New York, NY 10036-8293

Phone: (212) 761-4700

Fax: (212) 761-0509

Web site: www.msdw.com

Total Retail Dollars Financed: $1.5 billion

Officers: Mng. Dir., Owen Thomas; Mng. Dir., John Westerfield; Principal, Arvind Bajaj; Dir., Kevin Midwinter

1999 Major Projects: Houston Galleria, Houston, TX, Amount: $225,000,000; Mall of New Hampshire, Manchester, NH, Amount: $115,000,000; Santa Monica Place, Santa Monica, CA, Amount: $90,000,000; Edens & Avant Portfolio, Southeastern U.S., Amount: $83,000,000

Lending Goal 2000: $1.5 billion

5 KeyBank National Association 127 Public Square

Cleveland, OH 44114

Phone: (216) 689-3574

Fax: (216) 689-3566

Total Retail Dollars Financed: $1.18 billion

Officers: Chmn./CEO, Robert W. Gillespie; Pres./COO, Henry L. Meyer; Mng. Dir., Bill Trefethen; EVP/Nat'l Exec., George Emmons; Mng. Dir., John Shrewsberry; EVP/Chief Mktg. Officer, Karen Haefling

1999 Major Projects: Northeast Mall, Hurst, TX, Amount: $156,000,000; Sammamish Center, Issaquah, WA, Amount: $36,920,000; Troy Marketplace, Troy, MI, Amount: $31,355,000

Dollars Financed by Region: Northeast: $210,000,000

Midwest: $410,000,000

Southwest: $235,000,000

West: $325,000,000

Lending Goal 2000: $1.59 billion

6 PNC Bank One PNC Plaza

Pittsburgh, PA 15222

Phone: (412) 762-7947

Fax: (412) 705-1645

Total Retail Dollars Financed: $1.13 billion

Officers: EVP, Real Estate Banking; Mike Hannon

7 CIBC World Markets 1 World Financial Center

New York, NY 12081

Phone: (888) 411-2422

Fax: (212) 571-4714

Web site: www.cibcwm.com/ref

Total Retail Dollars Financed: $1 billion

Officers: Mng. Dir., Michael Higgins; Mng. Dir., Barrie Wood; Exec. Dir., James Baranello

1999 Major Projects: Ala Moana Center, Honolulu, HI, Amount: $325,000,000; Westfield Shopping Town - Valley Fair, San Jose, CA, Amount: $275,000,000; Kimco Retail Portfolio, Various, Amount: $20,900,000; Summit Square, Warwick, RI, Amount: $12,300,000; Kolonaki Portfolio, San Francisco, CA, Amount: $7,800,000

Lending Goal 2000: $1 billion

8 First Union Securities First Union Real Estate Capital Markets, 301 S. College St., DC-6

Charlotte, NC 28288-0166

Phone: (888) 217-9084

Fax: (704) 374-6345

E-mail: firstname.lastname@capmark.funb.com

Web site: www.firstunion.com

Total Retail Dollars Financed: $845 million

Officers: Mng. Dir., Client Mgmt./Product Delivery, Steve Jones; Mng. Dir., Commercial Real Estate Finance, Barry Reiner; Dir., Nat'l Accts., Brett Smith; VP, Hillary Cooper

1999 Major Projects: Mall of America, Bloomington, IL, Amount: $156,000,000; Washingtonian II, Gaithersburg, MD, Amount: $39,500,000; Albany Mall, Albany, GA, Amount: $31,600,000; Warner Marketplace, Canoga Park, CA, Amount: $28,000,000; Hawthorne Works, Cicero, IL, Amount: $24,802,000

9 Fleet Boston Financial 75 State St.

Boston, MA 02109

Phone: (617) 346-2874

Fax: (617) 346-3220

E-mail: ronald_m_lubin@fleet.com

Total Retail Dollars Financed: $750 million

Officers: SVP, Peg Mulcahy; SVP, Jamie Keough; VP, Aron Levine

Dollars Financed by Region: Northeast: $250,000,000

Southeast: $150,000,000

Midwest: $100,000,000

Southwest: $150,000,000

West: $100,000,000

Lending Goal 2000: $750 million

10 Deutsche Banc Mortgage Capital, L.L.C. 31 West 52nd St., 10th Floor

New York, NY 10019

Phone: (888) 953-3262

Fax: (212) 469-8976

Total Retail Dollars Financed: $700 million

Officers: CEO/Pres., Lawrence A. Brown; EVP/COO, Kenneth B. Dickey; VP, Mtkg., Melanie Santiago

1999 Major Projects: Hampshire Mall, Hadley, MA, Amount: $24,500,000; Centereach Mall, Centereach, NY, Amount: $23,300,000; Fairgrounds Square Mall, Muhlenberg, Amount: $21,800,000; Middletown Mall, Fairmont, WV, Amount: $13,500,000; Imperial Plaza & Mal @ 59,Wappinger Falls, NY, Amount: $11,700,000; Woodberry Shopping Center, Hicksville, NY, Amount: $7,000,000

Lending Goal 2000: $1 billion

11 Chase Manhattan Bank - Chase Commercial Mortgage 380 Madison Ave., 10th Floor

New York, NY 10017

Phone: (800) 276-0035

Fax: (212) 622-3553

Web site: www.chase.com/ccmbc

Total Retail Dollars Financed: $641 million

Officers: Mng. Dir., Head of Production, Rochelle R. Dobbs

1999 Major Projects: Mall of America, Bloomington, MN, Amount: $312,000,000; Rego Park Plaza, Rego Park, NY, Amount: $82,000,000; Auburn Mall, Auburn, MA, Amount: $48,000,000; Greendale Mall, Worchester, MA, Amount: $42,000,000; Apple Blossom Mall, Winchester, VA, Amount: $41,000,000

12 J. P. Morgan Mortgage Capital Inc. 400 Perimeter Center Tr., Ste. 575

Atlanta, GA 30346

Phone: (770) 351-8300

Fax: (770) 351-8399

Total Retail Dollars Financed: $564 million

Officers: Pres./CEO, Lamar Kelly; Nat'l. Dir., Production, Brien Wloch; VP, Paul Geyer; Mktg. Dir., Lisa Malone

1999 Major Projects: Mills Portfolio, Various, Amount: $112,500,000; Arvada Marketplace, Arvada, CO, Amount: $33,150,000; Stolz Portfolio, Various, Amount: $33,100,000; Frederick Towne Mall, Fredrick, MD, Amount: $24,795,000; Penn Mar Shopping Center, Forestville, MD, Amount: $22,325,000

Dollars Financed by Region: Northeast: $62,041,000

Southeast: $79,420,667

Midwest: $150,381,553

Southwest: $133,684,370

West: $139,320,616

Lending Goal 2000: $650 million

13* Finova Capital 19900 MacArthur Boulevard, Ste. 1100

Irvine, CA 92612

Phone: (949) 442-8040

Fax: (949) 622-3468

E-mail: elohnes@finova.com

Web site: www.finova.com

Total Retail Dollars Financed: $500 million

Officers: SVP, William G. Campbell; Mng. Dir., Jeff Tomei; Mktg. Dir., Ed Lohnes

13* Capital Lease Funding 110 Maiden Lane, Floor 36

New York, NY 10005

Phone: (212) 217-6300

Fax: (212) 217-6301

E-mail: maureen@caplease.com

Web site: www.caplease.com

Total Retail Dollars Financed: $500 million

Officers: Pres./CEO, William R. Pollert; SVP/General Counsel, Paul McDowell; SVP, Sales & Mktg., Steven L. Maloy; VP, Nat'l. Accts., William F. Paylor

Dollars Financed by Region: Northeast: $130,000,000

Southeast: $145,000,000

Midwest: $105,000,000

Southwest: $70,000,000

West: $50,000,000

Lending Goal 2000: $630 million

15 Bear, Stearns & Co. 245 Park Ave.

New York, NY 10167

Phone: (212) 272-6104

Fax: (212) 272-7047

E-mail: gspevok@bear.com

Web site: www.bearstearns.com

Total Retail Dollars Financed: $475 million

Officers: Mng. Dir., J. Christopher Hoeffel; Mng. Dir., Barry Schumacher; Sr. Mng. Dir., James Reichek

1999 Major Projects: Inland Portfolio, IL, IN, MN, OH, WI, Amount: $57,450,000; Plymouth Square Shopping Center, Plymouth Meeting, PA, Amount: $15,300,000; Albertson's Marketplace, Long Beach, CA, Amount: $8,700,000; 205 Place Shopping Center, Portland, OR, Amount: $7,850,000; Wild Oats Marketplace, Las Vegas, NV, Amount: $7,150,000

Dollars Financed by Region: Northeast: $75,000,000

Southeast: $55,000,000

Midwest: $80,000,000

Southwest: $55,000,000

West: $210,000,000

16 American Commercial Capital 5963 La Place Court, Ste. 300

Carlsbad, CA 92008-2727

Phone: (760) 918-2700

Fax: (760) 918-2727

E-mail: furstein@accapital.com

Web site: www.accapital.com

Total Retail Dollars Financed: $250 million

Officers: Mng. Dir., Dean Dakolias; Mng. Dir., Rick Noble

1999 Major Projects: Town & Country, San Angelo, TX, Amount: $112,000,000; Tacala, Birmingham, AL, Amount: $59,000,000; Kwik King, Ocala, FL, Amount: $38,000,000; Sailorman, Miami, FL, Amount: $35,000,000; 21st Century, San Diego, CA, Amount: $11,000,000

Lending Goal 2000: $500 million

17 Midland Loan Services Inc. 210 W. 10th St.

Kansas City, MO 64105

Phone: (816) 435-5000

Fax: (816) 435-2326

E-mail: tmazzetti@midlandls.com

Web site: www.midlandls.com

Total Retail Dollars Financed: $150 million

Officers: CEO, Doug Danforth; EVP, Bus. Dev., Stacey Berger; EVP/COO, R.E. Lending, Jeff Johnson; EVP, Bus. Dev., Timothy Mazzetti

1999 Major Projects: Drake's Passage, Charlotte Amalie, VI, Amount: $6,400,000; Pittsfield Plaza, Pittsfield, MA, Amount: $6,300,000; Regal Cinemas, Columbus, OH, Amount: $6,000,000; Temescal Village Plaza, Corona, CA, Amount: $5,600,000; Plazade Colores, Las Vegas, NV, Amount: $5,300,000

Dollars Financed by Region: Northeast: $48,000,000

Southeast: $6,000,000

Midwest: $31,000,000

Southwest: $17,000,000

West: $41,000,000

International: $7,000,000

Lending Goal 2000: $300 million

18 Washington Capital Management 4350 LaJolla Village Drive, Ste. 960

San Diego, CA 92122

Phone: (858) 457-3100

Fax: (858) 457-2885

E-mail: dm@washingtoncapital.net

Total Retail Dollars Financed: $111 million

Officers: CEO, Mike Russell; Pres., CA Division, Donald Maescher; Dir., Acq., Dan Ryan

1999 Major Projects: Gardena Valley Plaza, Gardena, CA, Amount: $20,000,000; Studio City Plaza, Studio City, CA, Amount: $20,000,000; Gateway at Burbank, Burbank, CA, Amount: $16,750,000; Rancho Bernardo Village, San Diego, CA, Amount: $10,000,000; Lakewood Plaza, Lakewood, CA, Amount: $6,000,000

Dollars Financed by Region: West: $111,000,000

Lending Goal 2000: $90 million

19 Falcon Financial LLC 2015 W. Main St.

Stamford, CT 06902

Phone: (203) 967-0000

Fax: (203) 967-1717

Total Retail Dollars Financed: $105 million

Officers: CEO, Vernon Schwartz; COO, David A. Karp

1999 Major Projects: Sierra Toyota, CA; Bill Wright Toyota, CA; West Valley Dodge, UT; Village Ford, TX; Planet Honda, NJ

Lending Goal 2000: $240 million

20 David L. Babson & Co. Inc., A Member of the MassMutual Financial Group 1295 State St.

Springfield, MA 01111

Phone: (800) 643-7343

Fax: (413) 744-7788

Web site: www.dlbabson.com

Total Retail Dollars Financed: $98 million

Officers: Pres./CEO, Stuart Reese; Exec. Dir., Ken Hargreaves

Dollars Financed by Region: Northeast: $10,000,000

Midwest: $28,299,500

West: $60,000,000

21 Imperial Capital Bank 500 N. Brand, 23rd floor

Glendale, CA 91203

Phone: (877) 392-2052

Fax: (415) 392-2062

E-mail: ktobin@imperialcaptalbank.com

Web site: www.imperialcapitalbank.com

Total Retail Dollars Financed: $75 million

Officers: CEO/Chmn., George Haligowski; Pres./COO, Sheryl Morehead; District Mgr., Renee Mancoff; Dir. of Mktg., Kristi Tobin

Dollars Financed by Region: Northeast: $7,500,000

Southeast: $7,500,000

Midwest: $7,500,000

Southwest: $15,000,000

West: $37,500,000

Lending Goal 2000: $100 million

22 Dana Commercial Credit Corp. 1801 Richards Road

Toledo, OH 43697

Phone: (419) 322-7583

Fax: (419) 322-7408

Web site: www.dana.com

Total Retail Dollars Financed: $61 million

Officers: Chmn./CEO, Ed Shultz; VP, Rex Paine; VP, Lisa Lipford

1999 Major Projects: Sikes Senter Mall, Witchita Falls, TX, Amount: $6,500,000; Barnes Crossing, Tupelo, MS, Amount: $5,200,000; Glendale Mall, Indianapolis, IN, Amount: $4,900,000; Lincoln Square, Arlington, TX, Amount: $4,700,000; North Maple Mall, Chatham, Ont., Canada Amount: $4,300,000

Dollars Financed by Region: Southeast: $8,400,000

Midwest: $4,900,000

Southwest: $24,400,000

West: $16,600,000

International: $6,700,000

23 Bloomfield Financial Services 505 N. Woodward

Bloomfield Hills, MI 48034

Phone: (248) 644-2170

Fax: (248) 644-4093

Web site: www.bloomfieldfinancial.com

Total Retail Dollars Financed: $50 million

Officers: Chmn., Robert Joseph; Pres., Michael Bontumasi

1999 Major Projects: Frandor Mall, Lansing, MI, Amount: $38,000,000; Kroger Center, Lansing, MI, Amount: $9,000,000; CVS, Bay City, Clio, Flint, MI, Amount: $5,000,000; Applegate Square, Southfield, MI, Amount: $5,000,000; Walgreens, Novi, MI, Amount: $3,500,000

Dollars Financed by Region: Midwest: $50,000,000

Lending Goal 2000: $150 million

24 American United Life Insurance Co. One American Square, Box 368

Indianapolis, IN 46206-0368

Phone: (317) 285-1473

Fax: (317) 285-1225

Total Retail Dollars Financed: $50 million

25 Metropolitan Funding Corp. 6 East 45th St., Ste. 201

New York, NY 10017

Phone: (212) 983-1500

Fax: (212) 983-1523

E-mail: info@mfclends.com

Web site: www.mfclends.com

Total Retail Dollars Financed: $32 million

Officers: Pres., Hadley Bressman

Lending Goal 2000: $75 million

1 Holliday Fenoglio Fowler, L.P. 8750 North Central Expressway, Ste. 950

Dallas, TX 75231

Phone: (214) 265-0880

Fax: (214) 265-1686

E-mail: mgibson@amresco.com

Web site: www.hfflp.com

Total Retail Dollars Arranged: $1.9 billion

Officers: Exec. Mng. Dir., Mark D. Gibson; Exec. Mng. Dir., Joe B. (Jody) Thornton Jr.

1999 Major Projects: Dallas Galleria Mall, Dallas, TX, Amount: $155,000,000; Center Trust Portfolio, CA, Amount: $122,000,000; RPI Portfolio, Various, Amount: $90,000,000; Huebner Oaks Retail, San Antonio, TX, Amount: $49,275,817; Merchant's Square, Carmel, IN, Amount: $25,000,000

Dollars Arranged by Region: Northeast: $408,829,000

Southeast: $185,562,893

Midwest: $217,668,850

Southwest: $985,107,210

West: $183,587,000

2 L. J. Melody & Co. 5847 San Felipe, Ste. 4400

Houston, TX 77057

Phone: (713) 787-1900

Fax: (713) 787-1998

Web site: www.ljmelody.com

Total Retail Dollars Arranged: $1.7 billion

Officers: Pres./CEO, Larry Melody; EVP, Brian Stoffers; EVP, Tom Melody; EVP, Mike Melody

1999 Major Projects: Regional Mall Portfolio, Various, Amount: $150,000,000; Los Cerritos Mall, Cerritos, CA, Amount: $120,000,000; Promenade Mall, Temecula, CA, Amount: $60,000,000; Fiesta Mall, Mesa, AZ, Amount: $58,000,000; Hamburg Pavilion, Lexington, KY, Amount: $54,500,000

3 TIAA-CREF 730 Third Ave.

New York, NY 10017

Phone: (212) 916-4144

Fax: (212) 916-6005

E-mail: jthomson@tiaa-cref.org

Total Retail Dollars Arranged: $1.1 billion

Officers: Chmn., John Biggs; Vice Chmn./Chief Investment Officer, Martin Liebowitz; Sr. Mng. Dir., Joseph Luik; Press Relations Officer, Claire Sheahan

1999 Major Projects: Parks at Arlington, Arlington, TX, Amount: $115,000,000; Citrus Park Town Center, Tampa, FL, Amount: $100,000,000; Southcenter Mall, Tukwila, WA, Amount: $95,000,000; Baybrook Mall, Houston, TX, Amount: $95,000,000; Coastland Center, Naples, FL, Amount: $87,000,000

Dollars Arranged by Region: Northeast: $181,000,000

Southeast: $449,800,000

Midwest: $67,700,000

Southwest: $461,700,000

West: $35,900,000

Lending Goal 2000: $640 million

4 Sonnenblick Goldman 712 Fifth Ave., 14th floor

New York, NY 10019

Phone: (212) 841-9200

Fax: (212) 262-4224

Total Retail Dollars Arranged: $750 million

Officers: Pres., John Braloner; Mng. Dir., Paul Stern; Mng. Dir., Capital Mkts., Steve Kohn; Dir., Mktg. & Corp. Comm., Kim Moffitt1999 Major Projects: H oward Hughes Center, Los Angeles, CA, Amount: $67,000,000; Warner Marketplace, Woodland Hills, CA, Amount: $28,000,000; Jacaranda Plaza, Miami, FL, Amount: $14,250,000

Lending Goal 2000: $1 billion

5 The Principal Real Estate Investors LLC 801 Grand Ave., Des Moines, IA 50392-0490

Phone: (515) 248-9868

Fax: (515) 235-9700

E-mail: schmitz.frank@principal.com

Web site: www.principalcapital.com

Total Retail Dollars Arranged: $574 million

Officers: Pres., Julia Lawler; Mng. Dir., Pat Halter; Mng. Dir., Steve Graves; Dir., Institutional Mktg., Frank Schmitz

1999 Major Projects: Deerfield Beach, FL, Amount: $28,000,000; Colorado Springs, CO, Amount: $23,900,000; Del Mar, CA, Amount: $18,000,000; San Clemente, CA, Amount: $16,300,000; Lakewood, CA, Amount: $15,800,000

Dollars Arranged by Region: Northeast: $29,000,000

Southeast: $154,000,000

Midwest: $69,000,000

Southwest: $51,000,000

West: $271,000,000

Lending Goal 2000: $600 million

6 Legg Mason Real Estate Services Inc. 1735 Market St., 12th Floor

Philadelphia, PA 19103

Phone: (215) 496-3000

Fax: (215) 496-3005

Web site: www.lmres.com

Total Retail Dollars Arranged: $501 million

Officers: Chmn./Pres./CEO, Walter D'Alessio; EVP/COO, Eugene J. Veneziale; EVP, R. Craig Butchenhart; EVP, Timothy F. O'Connor

1999 Major Projects: Sunrise Mall, Massapequa, NY, Amount: $65,000,000; IRT Property Co., Various, Amount: $40,000,000; Pelican Square, Rehobeth Beach, DE, Amount: $14,125,000; Arundel Plaza, Anne Arundel County, MD, Amount: $11,800,000; Blackrock Shopping Center, Fairfield, CT, Amount: $7,400,000

Dollars Arranged by Region: Northeast: $340,055,000

Southeast: $161,270,051

Lending Goal 2000: $225 million

7 Northland/Marquette Capital Group Inc. 3500 W. 80th St., Ste. 500

Minneapolis, MN 55431

Phone: (612) 356-0100

Fax: (612) 356-0099

E-mail: mail@mqcapital.com

Total Retail Dollars Arranged: $472 million

Officers: Pres./CEO, Edward Padilla; SVP/Dir., Capital Mkts., Lawrence Stephenson; SVP/Chief Administrative Officer, Michael J. Myers

1999 Major Projects: Austin Retail Portfolio, Austin, TX, Amount: $100,000,000; Sikes Center Mall, Wichita Falls, TX, Amount: $36,500,000; Hickory Point Mall, Decatur, IL, Amount: $24,500,000; Apple Valley Square, Apple Valley, MN, Amount: $17,000,000; Ronnie's Plaza, St. Louis, MO, Amount: $15,400,000

Dollars Arranged by Region: Midwest: $96,280,000

Southwest: $299,333,000

West: $76,825,000

Lending Goal 2000: $750 million

8 The Ackman-Ziff Real Estate Group LLC 110 East 42nd St., New York, NY 10017

Phone: (212) 697-3333

Fax: (212) 286-4033

Web site: www.ackmanziff.com

Total Retail Dollars Arranged: $420 million

Officers: Chmn., Lawrence D. Ackman; Pres., Simon Ziff

1999 Major Projects: DLC Portfolio Acquisition, Nationwide, Amount: $95,000,000; Seacourt Pavilion/South Brunswick Square, NJ, Amount: $26,800,000; Fredrick Town Mall, Fredrick, MD, Amount: $26,000,000; Alpine Commons, NY, Amount: $16,500,000; Shop City, NY, Amount: $14,150,000

Lending Goal 2000: $500 million

9 WMF NY Urban 780 Third Ave.

New York, NY 10017

Phone: (212) 527-7100

Fax: (212) 527-7111

Total Retail Dollars Arranged: $400 million

Officers: VP, John Lama; VP, Chris Lama

Dollars Arranged by Region: Northeast: $50,000,000

Southeast: $50,000,000

Midwest: $100,000,000

Southwest: $100,000,000

West: $100,000,000

Lending Goal 2000: $500 million

10 Lend Lease Real Estate Investments Inc. 3424 Peachtree Road, Ste. 800

Atlanta, GA 30326

Phone: (404) 848-8600

Fax: (404) 848-2885

E-mail: contactus@lendleaserei.com

Web site: www.lendleaserei.com

Total Retail Dollars Arranged: $387 million

Officers: CEO, Matthew Banks; COO, Ray D'Ardenne; Principal, Kurt Wright; Chief Marketing Officer, Cornelia Kiley

1999 Major Projects: Westland/Fox Run, Newington, NH/Westland, MI, Amount: $100,000,000; Adler Fund/Lentz, Multiple, Amount: $46,000,000; Jantzen Beach, Portland, OR, Amount: $39,000,000

Dollars Arranged by Region: Northeast: $99,873,385

Midwest: $159,518,978

Southwest: West: $82,340,000

Lending Goal 2000: $250 million