GH CAPITAL, LLC (GHC) is a diversified real estate investment company with holdings throughout the United States. Specializing in affordable housing, GH Capital and its related entities own over 11,000 apartment units in thirteen states and are actively acquiring both existing projects and portfolios of properties across a broad spectrum of affordable housing platforms. In addition, GH Capital's Hospitality division owns and develops hotels and resort master planned communities in California. GH Capital is based in Sherman Oaks, California with offices in Cleveland, Ohio and Greenville, SC and through its wholly owned subsidiaries employs over 300 people throughout the United States.

GHC works with a variety of equity sources and lenders to finance its real estate transactions including its primary lending relationships with JPMorgan, Centerline Financial, and First Regional Bank. GHC is expanding its holdings targeting portfolio acquisitions with 500 units or greater.
 
RECENT ACQUISITION AND DEVELOPMENT ACTIVITY
 
GHC has a significant development track record, having acquired and developed over $500 million of affordable and market rate properties throughout the United States.

Affordable activity includes the acquisition and renovation of numerous multi-family affordable housing portfolios from both recognized industry leaders such as Aimco and Associated Estates, to individual owners. Portfolio acquisitions include a 1,900 unit elderly housing portfolio in Cleveland, Ohio (Tax-exempt bonds and LIHTC); the acquisition and renovation of a 1,660 unit portfolio of elderly and family projects located throughout Ohio and Pennsylvania (Tax-exempt bonds and LIHTC); and the acquisition of a 2,600 unit 35 property portfolio in North Carolina.

Current market rate activity includes the development of the resort residential community, Montesoro, in Borrego Springs, CA. With over 3,100 acres, Montesoro will be the first wellness resort community built in CA. With a successful launch in June of 2007 bringing in over $33 million in sales, Montesoro will be one of the most successful second communities in the country. GHC recently completed the renovation of the Hotel Angeleno into one of Los Angeles' premier boutique hotels. Known as the famous circular building at the intersection of Sunset and the 405, the Hotel Angeleno and its Restaurant, West, were both recently named to Conde Nast's Top 100 list for 2007.