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Broad range of <br />capital partners providing <br />ready access ofcapital <br />In the 80s, Genesis in relationship with Balcor American Express acquired and entitled land and built multiple <br />properties in California, from San Diego to Sacramento. Although this partnership was successful financially for both <br />companies, American Express eventuallyended its direct investment in real estate In the mid 1990s. <br />'ilsereatteg Genesis stayed within the familyofShearson Lehman American Express and built a large book of business <br />with the lending unit at Lehman Brothers. <br />Mtdti-Farraiy Rental Properties <br />This relationship provided the funding to build 3225 Turtle Creek. Completed in 2000, this was the largest multi- <br />family rental property in Texas. This 604-unit, 23-story high-rise community with more than onemillion gross square <br />feet sits proudly on the Turtle Creek skyline. A cnverler bought this property and turned it into the 12ennaisance, a <br />condominium. Turtle Creek Villas, a331-unit, l4-story, high-rise rental development was also built with funding from <br />this partnership alongside GMAC as lender. In addition, Turtle Creek Villas was the first residential high-rise rental <br />apartment built in more than a decade. <br />75B-35