Pathfinder Announces Closing of Pathfinder Partners Opportunity Fund II, L.P.

(May, 2009)

We are pleased to announce that Pathfinder Partners Opportunity Fund II, L.P. ("Fund II"), an opportunistic real estate investment fund formed to acquire income-producing properties and the underlying mortgages on such properties, has held an initial closing. The initial investors include financial institutions, family offices and high-net worth individuals. Pathfinder Realty Ventures, L.P., an affiliate of Pathfinder Partners, LLC, is the general partner of Fund II. Fund II will remain open to new investors through 2009. For information on Fund II, please contact us.

Pathfinder Announces Joint Venture with I3 Realty Ventures

(October, 2008)

We are excited to announce that Pathfinder Partners, LLC has entered into a joint venture with I3 Realty Ventures, LLC, whose four principals are senior executives with Grubb & Ellis/BRE, a major real estate brokerage and management firm (bios here.)

Under the terms of the joint venture, Pathfinder and I3 will collaborate on investment opportunities and work jointly to raise our next distressed commercial real estate investment fund (Pathfinder Partners Opportunity Fund II, LLC). We expect the relationship with I3 to significantly expand Pathfinder's investment opportunities and activities. For more information on Fund II, please contact us.

Pathfinder Announces Closing of Pathfinder Partners Opportunity Fund I, L.P.

(August, 2007)

We are pleased to announce that Pathfinder Partners Opportunity Fund I, LLC ("Fund I"), an opportunistic real estate investment fund formed to acquire income-producing properties and the underlying mortgages on such properties, has closed to new investors. The investors include financial institutions, family offices and high-net worth individuals. Pathfinder Partners, LLC is the managing member of Fund I.