TVO North America

TVO North America is a premier real estate services company. We own and manage thousands of residential units, millions of square feet of industrial warehouse and medical office buildings across the United States. Over the years, we have created millions of dollars in added value for our investors due to renovation programs and our ability to execute the fundamentals of property management: RENT, COLLECT and RETAIN.

TVO North America offers a full range of services to our residents, tenants and investors. We understand the market and work diligently to maximize returns for our investors.

TVO North America - Investments

TVO NORTH AMERICA MULTI-FAMILY ACQUISITION GUIDELINES FOR 2010
TVO North America, a privately-held real estate investment, development and property management services company, is seeking to expand its current multifamily investment portfolio by acquiring well-located in-fill “A & B+” quality apartment communities as well as apartment communities with the potential for redevelopment of extremely well-located “B- & C+” quality properties (so characterized due to age and/or property condition, but not location which is paramount) in the following markets:

Markets of interest including their respective MSA’s.

Midwest:

Chicago MSA, IL	Kansas City MSA, KS & MO
Indianapolis, IN	Milwaukee & Madison, WI
Minneapolis & St. Paul, MN	St. Louis, MO

West Coast Region:

Los Angeles MSA & Inland Empire, CA	Orange County, CA
San Francisco MSA and Bay Area, CA	Oakland & East Bay Area, CA
San Diego, CA	Seattle, WA
Portland, OR

Southwest & Mountain Region:

Dallas & Fort Worth, TX	Houston, TX
Austin & San Antonio, TX	El Paso, TX
Albuquerque & Las Cruces, NM	Phoenix & Tucson, AZ
Denver & Boulder, CO	Colorado Springs, CO

Southeast & Mid-Atlantic Region:

Atlanta, GA	Miami & Southeast, FL
Orlando, FL	Tampa & St. Petersburg, FL
Washington, DC	Baltimore, MD & Northern VA
Richmond & Tidewater Area, VA	Philadelphia, PA
Wilmington, DE	Charlotte, Raleigh & Durham, NC

TVO seeks to acquire garden style, mid-rise and high-rise apartment communities containing 150 units or more in primary as well as growing secondary markets across the United States. TVO prefers properties that were constructed after 1970 with in-fill locations that are near employment centers, mass transit systems, expressways and/or major thoroughfares. In particular, properties that require significant rehabilitation or that may hold promise for successful repositioning campaigns that are extremely well located will garner the most attention.

Other Markets Considered:

Pittsborgh, PA	Jacksonville, FL	New Orleans, LA
Baton Rouge, LA	Shreveport, LA	Birmingham, AL
Charleston, SC	Charlotte, NC	Greensboro, NC
Winston Salem, NC	High Point , NC	Jackson, MS
Louisville, KY	Lexington, KY	Cincinnati, OH
Columbus, OH	Des Moines, IA	Omaha, NE
Tulsa, OK	Oklahoma City, OK	Little Rock, AR
Rio Grande Valley, TX	Las Vegas & Reno, NV	Salt Lake City, UT

MEXICO Development sites:
Ciudad Juarez
Mexico City
Monterrey

Submission Information:
Property Information:
Physical Description (including age, unit mix, construction materials & general characteristics, mechanical systems, and both the unit & community amenities);
Location Description (Income levels, demographics, land uses - i.e., residential (home values), retail, etc.)
Map Identifying Property Location & other significant consumer amenities, i.e., schools, entertainment and both grocery & soft goods shopping areas;
Unit Floor Plans & Property Site Plan;
Property Photographs;
Existing Environmental & Engineering Reports or a summary of the findings, problems or issues to address.
Optional Information:
Apartment Market Information:
Market Economic Profile (including information on major employers and the employment statistics for the subject market).

Financial Information & Analysis:
Year-to-Date 2010 and Year-End 2009 & 2008 Operating Statements;
Current Rent Roll including a Lease Expiration Report & a Loss to Old Lease Report or information thereto;
Current Street Rents & Concessions per unit type;
Current & Historical Vacancy Information both monthly and for 12 months;
Average Monthly or Annual Turnover Rate;
Competitive Market Rental Survey;
Property Tax Information, i.e., copy of recent Tax Bill;
Existing Debt Information, if applicable;
Tenant Profile for Property & Submarket;
Existing Deferred Maintenance, Capital Improvements Made, & Repositioning Programs with Potential for Implementation.

TVO NORTH AMERICA - www.tvona.com
70 East Lake Street, Suite 600	221 N. Kansas Avenue, 16th floor
Chicago, IL 60601	El Paso, TX 79901
USA	USA
dvandenburg@tvores.com	sbeltran@tvores.com
(p):312-601-9531	(p):915-298-7033
(f):312-553-0440	(f):915-778-8086

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