Market Commentary RealtyRates.com™ Investor Survey Cap Rate Indices Down Somewhat For All Property Types Except Office During 3rd Quarter 2011 Coincident with an 87 basis point drop in Treasury rates to which most commercial mortgage interest rates are indexed, the RealtyRates.com™ Investor Survey Weighted Composite (Cap Rate) Index™ decreased 23 basis points, from 9.82% to 9.60% during the 3rd Quarter of 2011. The greatest quarter-over-quarter cap rate index decreases were recorded by the Lodging and Mobile Home/RV Park sectors, down 49 and 47 basis points, respectively. Only the Office sector recorded an increase - 3 basis points - last quarter, while the smallest decrease was recorded by the Retail sector, down 11 basis points. Mortgage terms remained tight during the 3rd Quarter while equity dividend rates increased somewhat. Moreover, net operating income was down for virtually all property types except Apartments and Lodging facilities, thus, the decreased cap rates did not result increased property values.