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HOTEL ZAZA CHARLOTTE                                                                                                     NEW DEVEL OPMENT









          CBRE Hotels – Institutional Group                                    CBRE Hotels – Debt and Structured Finance

          ROBERT J. WEBSTER                   RICK RUSH                        BILL GRICE
          Vice Chairman, President Institutional Group  Executive Vice President, National Coverage  Executive Vice President, Co-Head Hospitality Capital Markets
          +1 404-812-5229                     +1 303-882-5027                  +1 404-812-5245
          bob.webster@cbre.com                rick.rush@cbre.com               bill.grice@cbre.com
















































             HO TEL ZAZA + ZAZA HO SPIT ALITY  | 20 21 MARCH YTD                                                                                         99
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