Cabana Club Apartments

The Hayman Company has sold its partnership interests in
Cabana Club Apartments, a 336 unit mid-rise project
located in Dade County, Florida to

Cabana Club Apartments, Ltd.

The undersigned acted as Financial Advisor to
Cabana Club Apartments, Ltd.

Riverwalk Plaza
333 North New River Drive, East, Suite 1200
Fort Lauderdale, Florida 33301