Business Interests and Related Assets of Real Estate Company

Auction Sale of assets of Spectrum Alliance, LP which includes Spectrum 5 Building Portfolio Limited Partnerships specifically all of Spectrum Alliance's limited partnership interests in VSC-EE, LLC, VSC-5, LLC, HC Spectrum Partners, LP, CB Spectrum Partners, LP, ML Spectrum Partners DE, LLC and GCC Building Associates, LP, along with their respective General Partnership interest in SAS-CB, LLC, Spectrum Alliance Services GCC, LLC, SAS-HC, LLC, ML Spectrum Partners, LLC and Spectrum Alliance Services ML, LLC and SAS-EE, LLC; MVI Spectrum Partners, LLC, along with its respective General Partnership and Managing Member interest in that entity; the Seller's profit sharing and development rights in the CSC Project to be identified. This shall also include all fixtures, furniture, computers, records, files, websites, approvals, permits plans and all personal property of any nature or kind, except fund level cash for Spectrum Alliance, L.P. For purposes of this proposal, we will refer to this portfolio of limited partnership interests, general partnership interests, membership interests and managing membership interest as the "Stabilized Property". The Stabilized Property shall include all claims that Seller or its General Partner may have against all related tenants in common ("TIC") or other members, partners or owners, for money owed for unpaid capital calls or capital contributions from other limited partners of companies in the Stabilized Portfolio.

The Sale also include all of its interest in Cedar Lake and Lehighton in the same manner (the "Undeveloped Property" and together with the Stabilized Property, is referred to herein as the "Property"), described as below:

• Lehighton: Spectrum 209 Partners, LP owns approximately 9.3 acres of undeveloped land in Carbon County, Pennsylvania. Harleysville National Bank has a first mortgage on this property; and
• Cedar Lake: MVI Spectrum Partners, LLC owns approximately 10 acres of undeveloped land in Voorhees, Camden County, New Jersey. MAREIF holds a first mortgage on this land. Luciano DiVentura has a preferred equity interest in MVI Spectrum Partners, LLC.

The Sale assets are more described from Page No. 2-4 on the attached PDF.