| BELLAGIO DEVELOPMENT L.L.C. (L04000044941) | MGR |
| BRICKELL VIEW DEVELOPMENT L.L.C. (L04000067450) | MGR |
| GROVE TURTLE RUN DEVELOPMENT, L.L.C. (L05000018460) | MGR |
| HAMILTON/SUNVEST L.L.C. (L04000025551) | MGR |
| LAGUNA PARTNERS, L.L.C. (L04000035740) | MGR |
| MOUNTAIN GLEN L.L.C. (L05000003710) | MGR |
| PALMETTO 301, L.L.C. (L05000001481) | MGR |
| PARK WEST LANDCO, L.L.C. (L04000089481) | MGR |
| PINES WINTER GARDEN, L.L.C. (L05000047530) | MGR |
| SUNVEST GLOBAL, L.L.C. (L05000089821) | MGR |
| SUNVEST KEYS MARINAS II, L.L.C. (L05000056851) | MGR |
| SUNVEST LIBERTY MARKETING, L.L.C. (L05000085970) | MGR |
| SUNVEST LOFTS, L.L.C. (L05000033181) | MGR |
| VEGAS SUNVEST U.S.A., L.L.C. (L05000082881) | MGR |
| 405 FEDERAL, L.L.C. (L05000006232) | MGR |
| ARIZONA ACQUISITIONS, L.L.C. (L05000054742) | MGR |
| BAY REACH DEVELOPMENT, L.L.C. (L03000040802) | MGR |
| DELANEY DEVELOPMENT, L.L.C. (L04000038002) | MGR |
| FABULOUS LAS VEGAS CONDOS, L.L.C. (L05000053712) | MGR |
| GRAND VENEZIA CLEARWATER, L.L.C. (L04000032714) | MGR |
| KEYS MARINAS II, L.L.C. (L05000052163) | MGR |
| SUNVEST ALTA, L.L.C. (L05000058362) | MGR |
| TAVERNIER SUNVEST CAY CLUB, LLC (L06000040623) | MGR |
| ALTA-MLK SUNVEST, L.L.C. (L05000111414) | MGR |
| CLEARWATER I, L.L.C. (L04000032715) | MGR |
| ENCLAVE AT RICHMOND PLACE, L.L.C. (L05000077975) | MGR |
| HARBOURSIDE DEVELOPMENT, LLC (L05000050264) | MGR |
| LAS FLORES DEVELOPMENT, L.L.C. (L05000047534) | MGR |
| METROWEST DEVELOPMENT L.L.C. (L04000064855) | MGR |
| SUNVEST SOUTHGATE, L.L.C. (L05000056835) | MGR |
| BAHIA-TAMPA HOLDINGS, L.L.C. (L03000035036) | MGR |
| BEACH BUMS L.L.C. (L04000060896) | MGR |
| GROVE CORAL SPRINGS, L.L.C. (L05000018466) | MGR |
| JMF SUNVEST DEVELOPMENT, LLC (L06000059866) | MGR |
| LAGUNA DEVELOPMENT L.L.C. (L04000033945) | MGR |
| ORLANDO COURTNEY, L.L.C. (L05000051627) | MGR |
| S-BAY DEVELOPMENT, L.L.C. (L05000028526) | MGR |
| SUNVEST LIBERTY INVESTMENT, L.L.C. (L05000085977) | MGR |
| SUNVEST LUCIE, L.L.C. (L05000056857) | MGR |
| SUNVEST SLW DEVELOPMENT L.L.C. (L05000048966) | MGR |
| SUNVEST SOMBRERO, L.L.C. (L05000069036) | MGRM |
| VEGAS ACQUISITIONS, L.L.C. (L04000035747) | MGR |
| 425 NORTH FEDERAL L.L.C. (L04000079468) | MGR |
| AVALON DEVELOPMENT OF ORANGE COUNTY, L.L.C. (L05000041659) | MGR |
| BRIAR CREEK DEVELOPMENT, L.L.C. (L05000075459) | MGR |
| CARROLLWOOD PINNACLE DEVELOPMENT, L.L.C. (L05000056749) | MGR |
| DA VINCI PARTNERS L.L.C. (L04000025548) | MGR |
| DOWNUNDER OF FLORIDA, L.L.C. (L04000090289) | MGR |
| KEY LARGO SUNVEST CAY CLUB, LLC (L06000040618) | MGR |
| SUNVEST BRIAR CREEK, L.L.C. (L05000075469) | MGR |
| SUNVEST COMMUNITIES U.S.A., L.C. (L05000074398) | MGR |
| SUNVEST MARATHON, L.L.C. (L05000074509) | MGR |
| SUNVEST MOUNTAIN CANYON, L.L.C. (L05000056868) | MGR |
| SUNVEST PINNACLE, L.L.C. (L05000056879) | MGR |
| SUNVEST RICHMOND PLACE, L.L.C. (L05000077978) | MGR |
| SUNVEST U.S.A., L.L.C. (L06000002509) | MGR |
| VEGAS LADY 1, L.L.C. (L05000023979) | MGR |
