David M. Trandel

Prime Realty Income Trust, Inc. is a newly organized Maryland corporation that intends to qualify as a real estate investment trust, or 'REIT,' beginning with the taxable year ending December 31, 2009. It expects to use substantially all of the net proceeds from this offering to make debt and equity investments in a diverse portfolio of commercial and multi-family residential real estate and to invest in mortgage instruments and other real estate debt and equity securities. It has not yet identified any specific properties or other real estate assets to purchase and, therefore, it is considered to be a 'blind pool.' It is externally managed by The Prime Group, Inc., which it refers to as the 'advisor' or 'The Prime Group,' an affiliate of Prime Realty Income Trust.

Founded in 1999, Advanced Equities, Inc. is a venture capital/private equity firm located in Chicago with additional offices in New York City and San Francisco. The firm is a subsidiary of Advanced Equities Financial Corp.

Bear, Stearns & Co., Inc. is a global investment banking, securities trading and brokerage firm located in New York City with additional offices in Dallas, Boston and San Francisco. The firm is a subsidiary Bear Sterns Cos., Inc. (NYSE: BSC). Their equity research team consists of senior analysts located throughout the world. In addition to domestic coverage, they have research teams focusing on Latin America, Asia and Europe. The analysts use a bottom-up approach to stock selection. The Bear Stearns fixed-income research department provides coverage of every sector of the fixed-income universe. The financial analytics and structured transactions group (F.A.S.T) provides investment research, fixed-income portfolio management and analytical systems, trading technology and general financial expertise. The group also provides a broad range of services to financial institutions including asset-liability management, balance sheet restructuring, receivables-based financing analysis, security and portfolio analysis, peer analysis, and historical and real-time market-based information.

A subsidiary of Lehman Brothers Holdings, Inc., Lehman Brothers, Inc. is a broker/dealer headquartered in New York City. They provide global equity and fixed research. The equity research department covers more than 100 sectors. They use a fundamental, quantitative, strategic and tactical research approach. In addition to these Lehman has also developed special products, such as 10 uncommon values and 10 uncommon eurovalues.

Stifel, Nicolaus & Co., Inc. (Stifel) is a dual-registered broker-dealer and investment adviser headquartered in St. Louis, Missouri. Founded in 1890, the firm is a subsidiary of Stifel Financial Corp. (NYSE: SF), a financial service holding company. Stifel provides full-service brokerage and investment advisory services to individuals and their families, institutions and businesses, and financial advisors.

The Real Estate Roundtable operates real estate and trade associations. The non-profit company is based in Washington. The CEO of the American company is Jeffrey D. DeBoer.

The Urban Land Institute operates as a non-commercial research organization. It provides leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The company was founded on December 14, 1936 and is headquartered in Washington, DC.

The Prime Group, Inc. acquires and develops real estate companies. The firm is a developer of commercial and residential real estate. The company was founded by Michael W. Reschke in 1982 and is headquartered in Chicago, IL.