East West Partners

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East West Partners Roger Lessman Regional
Development Summit
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Tahoe Mountain Club
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• THE HIGHLANDS
• Summary
• 1,450 Multi-family units entitled with 170 Room
  Hotel
• True ski-in/ski-out location at mid-mountain
  of Northstar at Tahoe
• Projects completed or underway
• Highlands Infrastructure
• 4.5 mile Highlands View Road including 5 road
  tunnels and two bridges
• Highlands Fire Station
• The Ritz-Carlton Highlands, Lake Tahoe
• 170 Rooms
• 23 Ritz Residences on Floors 3 and 6 of Hotel
• 30 Ritz Residences in adjacent building
• 31 Ritz Residences in third adjacent building
• 78 Ritz-Carlton Club Fractional Ownership
  Residences

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• 
  THE HIGHLANDS
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  Sales Characteristics
• 23 Ritz-Carlton Residences in Hotel
• 2BR (1,585 SF) - 3BR (1,944 SF) - 4BR (2,431 SF)
• Average 1,800 to 2,000 per SF
• 61 Ritz-Carlton Residences in Adjacent Buildings
• 2BR (1,560 SF) - 3 BR (2,205 SF) - 4BR (2,650 SF)
• Average 1,500 to 1,700 per SF
• 78 Ritz-Carlton Club Fractional Ownership
  Residences
• 1/12 Share
• Average price _at_ 330,000 per share
• Developed by Ritz-Carlton Development Company
• Trailside Townhomes
• 3,200 SF or 3,880 SF with media room option
• Average 1,050 per SF

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The Ritz-Carlton Highlands, Lake Tahoe

• PROGRAM SUMMARY
• 11,000 SF Conference / Meeting Space
• 21,000 SF Spa
• Signature Three Meal Restaurant
• Ski Valet and Ski Shop
• Casual Bar, Wine Bar, Grab Go Deli
• Gondola connection to Village at Northstar

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The Ritz-Carlton Highlands
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Trailside
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Village at Northstar
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Alpine Club
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Schaeffers Camp
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Wild Goose II
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Tahoe Mountain Club
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• OLD GREENWOOD
• Summary
• 100 single family lots
• - Phase I 10 cabins (170 shares)
• 74 fractional cabins (1258 shares)
• - Phase II 10 cabins (170 shares)
• - Phase III 12 cabins (204 shares)
• - Phase IV 12 cabins (204 shares)
• - Phase V 5 cabins (85 shares) (possibly add 5
  more)
• - 25 cabins or 425 shares remaining after phase
  V72 fractional town
• homes (1224 shares)
• 72 Fractional Town homes
• - Phase I 7 town homes (119
  shares)
• - Phase II 7 town homes (119
  shares)
• - Phase III 11 town homes (187
  shares)
• - Phase IV 14 town homes (238 shares)

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• OLD GREENWOOD
• Sales
  Characteristics
• 100 single family lots average sales price
  346,000
• Cabins average share sales price 144,000 (900
  per square foot)
• Town homes average share sales price 81,000
  (895 per square foot)
• Villas average sales price is 1.4 million (760
  per square foot)
• Nicklaus Lodge projected average share price
  1500 per foot

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Pavilion
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Old Greenwood Cabins
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Old Greenwood Villas
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Old Greenwood Townhomes
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Grays Crossing Main Street
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Grays Crossing Townhomes
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