Dominion Diversified Real Estate Investments was founded in 2001 as an entrepreneurial and opportunistic real estate investment mechanism for individuals and entities desiring to participate in the ownership of investment grade or otherwise quality real estate assets. As of 2003 the principal of Dominion Diversified along with other co-managing partners has sourced and closed on approximately $30,000,000 worth of commercial real estate.

Dominion Diversified desires to diversify its product mix and respond to on going purchase opportunities presented by the purchase & sale cycles of both private and public owners of institutional grade real estate holdings .

By purchasing select assets of differing products types, in varying geographic areas, the investment risk associated with real estate should be reduced. Additionally, projected returns should be less influenced by downturns in the economy or any given market segment. The investment entity seeks to attract a select group of passive investors that desire to increase their current holdings or diversify their investment mix.

Participating in Dominion Diversified's investment selections should afford individuals as well as institutions the chance to co-invest in a limited capacity in both large and small acquisitions, thus gaining economies of scale and limiting their personal or institution's monetary exposure.

Objectives
The investment enity's objective is to aggressively seek opportunities and then quickly and thoroughly analyze assets that can be purchased using equity to cover at least 20 percent of the purchase price and yield at least a 12 percent per annum cash on cash return. The above parameters are base line minimums and the overall objectives are to obtain yields substantially above the stated minimum return objective. While the investment entity should be prepared to place the above stated equity into any given transactions, the equity requirement could be less depending on the overall transaction structure and lender requirements. It is further the fund's objective to obtain non-recourse financing on every transaction.

While the investment entity has the base line minimum return expectations, it is anticipated that much greater (15-25 percent) returns may be achieved depending on variables such as purchase price, leverage, interest rates, leasing, development cost, exit timing and general market conditions.

Each asset purchased or developed will be analyzed from a macro and micro perspective in an attempt to forecast both short and long-term performance potential. The total initial equity contributions of the investors in each investment will be determined on a case by case basis a properties are sourced and placed under contract.

As it now stands each purchase to date has been treated as a stand-alone investment, while some investors may elect to invest in multiple projects.

Investment Size
We are seeking real estate that ranges in value from a minimum of $3,000,000 and upward to $45,000,000 per asset purchased. On larger purchase opportunities the managing member may use the equity base of the local investors as a platform to attract institutional equity in significant amounts to co-invest in a transaction.

Investment Types
The investment entity will seek well-located assets varying in product type that are determined to meet the investment objectives. The primary focus will be directed towards high-end specialty retail and grocery food-anchored retail, multi-family student housing, office, industrial and select land and ground-up development opportunities. Any given asset or opportunity will be closely scrutinized as to its short and long term return potential.

Geographic Range
The primary geographic focus will include second and third tier cities in Virginia, North Carolina, South Carolina and Tennessee. On a case-by-case basis assets outside of this geographic focus may be considered.

Purchase Examples

	Southport Office Park Richmond, Virginia 85,000 Square Feet Purchase Terms: 30 day due diligence / 60 day close Seller: Local Investment Group Decisive Purchase Criteria: Mature office and industrial in-fill location. Good historic occupancy and curb appeal with proper rollover for objectives. Purchased at 50% below replacement cost and resale value. Objectives: Short term hold, maintain rental income while selling units as condominiums at market levels to maximize our investor yields.
	Glen Eagles Shopping Center 88,800 sq.ft. Richmond, Virginia Purchase Terms: 30-day diligence, 30 day close Seller: G.E. Capital Fund Decisive Purchase Criteria: Outstanding location, growth market, rents 25-40% below market, strong curb appeal, substantial vacancy, grocery anchored Objectives: Long term hold, increase rents 25-40% (accomplished) Fill vacancies (accomplished)
	Midlothian Station Shopping Center Midlothian, Virginia Purchase Terms: 30 days Diligence, 30 day close Seller: South Eastern Based Private Firm Decisive Purchase Criteria: Outstanding Location, dynamic growth market, rents 25-30% below market stabilized tenant mix, needed face-lift. Objectives: Long term hold, enhance curb appeal (accomplished), increase rents 10-15% (in process), reposition and upgrade tenancy (in process)
	Spring Centre 33,327 sq. ft. Mechanicsville, Virginia Purchase Terms: 45 day due diligence 15 day close Seller: Local Investment Group Decisive Purchase Criteria: Outstanding location, good curb appeal, growth market, rents 25-40% below market, rollover opportunity Objectives: Long term hold, increase rents on renewals and rollover upgrade tenant mix