CCGL’s investment strategy achieves high returns in all market conditions by targeting well-located, fundamentally sound, under-performing properties and implementing plans to remedy their under-performance.  Returns are further enhanced by the company’s ability to close quickly, utilizing its pool of immediately available capital, and to complete redevelopment efficiently.  Substantially all CCGL properties are acquired at significant discounts to replacement cost.  CCGL avoids overly competitive products and markets and concentrates on locations where it is well networked and highly mobile.  Its established network of referral sources frequently provides CCGL access to “off market” transactions which offer exceptional profit potential.

Investments may be acquired in a variety of ways, including:
	Direct purchase			Joint venture
	Acquisition of a property-owning entity			Purchasing distressed debt
	Foreclosure or bankruptcy

CCGL believes in a flexible and creative approach to the form of investments, provided the quality and pricing of the underlying assets meet it parameters.

Positive cash flow is expected within four years of acquisition.  At stabilization, CCGL frequently refinances its properties to produce excess proceeds that are used to acquire additional, value-added real estate.  Properties are generally held five years or more to maximize growth potential, although CCGL may sell a property earlier to seize an especially attractive opportunity.  CCGL frequently provides investors in properties which are sold the opportunity to participate in tax-deferred exchanges into new value-added properties.

CCGL believes a motivated owner pays more attention to detail than a fee-based manager.  Thus, CCGL provides a full discipline of in-house management services, including:

	Lease negotiation			On-site supervision
	Financial control and analysis			Contract bidding
	Mortage finance

Especially strong areas of expertise are:
	Leasing			Cost control
	Tenant retention			Aesthetic improvements

CCGL routinely reduces operating expenses and boosts tenant satisfaction simultaneously, creating significant value.  As a result of CCGL’s aggressive, “hands-on” marketing and tenant retention programs, its properties consistently achieve higher than market occupancies, creating additional value.