| ADMIRALS WALK SARASOTA, L.L.C. (L02000033311) | MGR |
| BLUE MOUNTAIN BEACH RESORT, INC. (G53961) | Director |
| CARLISLE RETAIL GROUP, L.L.C. (L03000027020) | MGR |
| EXECUTIVE CIRCLE ASSOCIATES, INC. (V08671) | VS |
| FOUNTAINS AT METROWEST, INC. (P98000021190) | Director |
| M&D PROPERTY VENTURES, LLC (M24000001020) | MGR |
| MIHADA, INC. (F13000001421) | P/D |
| MMM ASSOCIATES, INC. (F96000003911) | PC |
| PORT ORANGE APARTMENT ASSOCIATES II, L.L.C. (L05000101880) | MGR |
| SHOPPES OF SOUTHBAY, LLC (L05000089951) | MGR |
| SSW & BUSH CONTRACTORS, LLC (L99000006411) | MGRM |
| VIZCAYA AT NEW SMYRNA BEACH, L.L.C. (L06000034721) | MGR |
| ASHLEY RIVER CLUB PARTNERS, L.L.C. (L06000066173) | MGR |
| CARLISLE MULBERRY HUNTERSVILLE, L.L.C. (L07000101083) | MGR |
| CARLISLE NARCOOSSEE, L.L.C. (L06000010722) | MGR |
| CARLISLE REALTY GROUP, L.L.C. (L99000001793) | MGR |
| CROSSLAND TRACE, LTD. (A22703) | G |
| EB-BAY LOT NO. 1, LLC (L10000066943) | MGRM |
| LAND LOCATORS, INC. (P19373) | PD |
| LAND LOCATORS, INC. (P19373) | CEO |
| MELBOURNE APARTMENT ASSOCIATES I, L.L.C. (L03000054812) | MGR |
| NARCOOSSEE DEVELOPMENT PARTNERS, L.L.C. (L06000043314) | MGR |
| PORT ORANGE SPE, INC. (P15000015542) | Director |
| SHANNON, STROBEL & WEAVER CONSTRUCTORS & ENGINEERS, INC. (849852) | PD |
| TALISMAN CONSTRUCTORS & ENGINEERS, INC. (H42202) | Director |
| VC-2, L.L.C. (L04000063742) | MGRM |
| CROSSLAND PROPERTIES, INC. (P01254) | PD |
| GROVE POINT AT METROWEST, INC. (P98000012715) | Director |
| MIHADA, INC. (F00000001545) | PD |
| MVS REGENCY, LLC (M04000001604) | MGRM |
| ALLAPATTAH CENTER ASSOCIATES, INC. (V13577) | President |
| HARBOUR OAKS DEVELOPMENT ASSOCIATES, L.L.C. (L04000008056) | MGR |
| KEY ISLE APARTMENTS PHASE II, L.L.C. (L02000034156) | MGR |
| MDH FOXFIRE I, INC. (P97000078567) | Director |
| METROWALK AT METROWEST, INC. (P98000021196) | Director |
| MILTON ASSOCIATES S.C., INC. (F93000002597) | STD |
| NARCOOSSEE HOLDING PARTNERS, L.L.C. (L06000043357) | MGR |
| PEMBROW ASSOCIATES, INC. (V72487) | Director |
| PORT ORANGE APARTMENT ASSOCIATES I, L.L.C. (L02000033847) | MGRM |
| PORT ORANGE APARTMENT ASSOCIATES III, L.L.C. (L05000045717) | MGR |
| ST. AUGUSTINE DEVELOPMENT ASSOCIATES, L.L.C. (L03000054487) | MGR |
| ZEPHYR APARTMENT PROPERTIES, L.L.C. (L01000019317) | MGR |
| CARLISLE @ THE PARK HUNTERSVILLE, L.L.C. (L08000057508) | MGR |
| CARLISLE REALTY GROUP - METROWEST DEVELOPMENT, L.L.C. (L00000012329) | MGR |
| EB-BAY LOT NO.3, LLC (L11000031328) | MGRM |
| ECAA, L.L.C. (M01000002449) | MGR |
| VILLAS ATLANTIC 60, L.L.C. (L03000026689) | MGR |
