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The Davies Group at George Smith Partners has been exclusively engaged
               by the Sponsors, LEE Group and J.B. Earl Company, to secure debt
               financing for its “Granary Gateway” project located at 161 W 600 S, Salt
               Lake City, Utah 84101. Proceeds will be allocated to replace the existing
               acquisition loan for the 394-key Hotel RL and cover renovation costs to
               convert its south tower into a 184-unit multifamily offering.







               MALCOLM P. DAVIES                      ZACHARY D. STREIT
               Principal/Managing Director            Senior Vice President
               mdavies@gspartners.com                 zstreit@gspartners.com
               310.867.2938                           310.867.2936



               ALEXANDER ROSSINSKY                    ANNAH BLANTON
               Senior Vice President                  Vice President
               arossinsky@gspartners.com              ablanton@gspartners.com
               310.867.2940                           310.867.2965



               DREW SANDLER                           AIDEN MORAN
               Vice President                         Vice President
               dsandler@gspartners.com                amoran@gspartners.com
               310.867.2945                           310.867.2937



               BRANDON ASHERIAN
               Assistant Vice President
               basherian@gspartners.com
               310.867.2970                           The Davies Group






                                                                                                   Future Resident Amenity Space | Bar
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