Page 3 - Watermark_Offering Memorandum_GSP
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CONTENTS



                                                                                                   05           Investment Highlights



                MALCOLM P. DAVIES                      ZACHARY D. STREIT

              Principal/Managing Director              Senior Vice President                       06
               mdavies@gspartners.com                 zstreit@gspartners.com                                    Project Overview
                     310.867.2938                          310.867.2936
                                                                                                   09           Market Overview

                 ANNAH BLANTON                      ALEXANDER ROSSINSKY

                     Vice President                        Vice President
               ablanton@gspartners.com              arossinsky@gspartners.com                       10          Multifamily Market

                     310.867.2965                         310.867.2940
                                                                                                     11         Retail Market

                  RACHAEL LEWIS                          AIDEN MORAN

                     Vice President                   Assistant Vice President
                 rlewis@gspartners.com                amoran@gspartners.com                         12          Loan Request

                     310.867.2972                          310.867.2937
                                                                                                    13

                  MAX SHEDLOSKY                      BRANDON ASHERIAN                                           Financial Analysis

                Assistant Vice President                      Analyst
              mshedlosky@gspartners.com              basherian@gspartners.com                       14

                     310.867.2945                          310.867.2970                                         Market Comparables
                                                                                                    16          Sponsorship Overview




                                                                                                   20           Property Management Overview
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