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Capital Markets Update

May 16, 2001
Topics:

Where are the risks and opportunities in today's environment?
Where are we now in the real estate cycle?
What is the current availability of debt and equity?
How does the desirability of real estate measure up to other asset classes?
What is the outlook for the balance of the year?

Date:
Wednesday, May 16, 2001
7:30 a.m. - 9:15 a.m.

Moderator:
Mr. Bowen H. "Buzz" McCoy
President, Buzz McCoy Associates, Inc.

Panelists: Mr. Stephen R. Blank
Senior Resident Fellow, ULI – the Urban Land Institute

Mr. Roy Hilton March
President, Eastdil Realty Company, LLC

Mr. Stan Ross
Retired Vice Chairman, Special Consultant, Ernst & Young

Mr. Stephen A. Roth
Chairman and Chief Executive Officer, Secured Capital Corp.

Mr. Ron D. Sturzenegger
Managing Director, Head of Real Estate M & A, Bank of America Securities, LLC

Location:
ARCO Center
MetLife Auditorium, Lower Level
333 Hope Street, Los Angeles

Program:
7:30 a.m.
Onsite Registration/Networking Breakfast

7:50 a.m.
Presentation

9:15 a.m.
Adjourn

Program Sponsor:
MetLife Real Estate Investments

Parking:
Validated parking available, enter on Hope Street

Registration Deadline:
Friday, May 11, 2001