


Customers are the lifeblood of our business. We have two distinct types of customers, each with a very different perspective: tenants and purchasers on the one hand and investors on the other. Tenants and purchasers include residents in our apartments and condominiums, and retailers in our commercial properties. Investors include families and individuals as well as institutional partners with whom we have ventured for many years. These ventures have taken the form of separate transactions as well as fund investments, such as our Community Reinvestment Partners Fund, launched in 2004.