ASLAN HALLMARK

Aslan Hallmark, led by Paul V. Widman, develops and owns workforce rental apartments and single family homes throughout the southeastern United States. By utilizing many different financing structures including: state and federal tax credits, tax exempt bonds, Fannie Mae forward rate lock permanent loans, interest rate SWAP’s, HOME Funds, Go Zone Tax Credits, HUD Risk Sharing loans, and FHLB funds, the Hallmark division has developed more than 1300 units of workforce housing valued at over $115,000,000 during the past 5 years.

Aslan Hallmark prides itself on being an innovative developer of workforce housing and an emerging industry leader. The company was recently ranked #17 in Affordable Housing Finance Magazines 2008 List of Top 50 Affordable Housing Developers. This ranking improved on their 2007 ranking of #30. Throughout the company’s history, Aslan Hallmark has partnered with numerous minority and female owned businesses as well as nonprofit organizations. These partnerships have produced remarkable developments. One example was the complete historic transformation of a former Coca-Cola bottling facility into 31 workforce housing units. This project involved a nonprofit entity, a female owned business, and a minority owned architectural firm. This team, lead by Hallmark, was able to successfully save a Historic Building that sat virtually empty for more than a decade.

Aslan Hallmark’s experienced staff is responsible for handling all aspects of the development process from selection of the proposed development to closing the permanent financing and long-term operations. The Hallmark division is divided into 5 categories:

• Internal Legal and Due Diligence
• Insurance
• Accounting
• Construction Project Management
• Operations

Aslan Hallmark has developed or is currently developing the following projects:

Peyton Park Apartments Lebanon, TN Harris Park Apartments Louisville, KY Hallmark White Oak Bluffton, SC Broadway Place Louisville, KY Hallmark Timberlake Charleston, SC West Muhammad Ali Louisville, KY Appleton Place Louisville, KY Hallmark Jeffersonville Jeffersonville, IN Hallmark Columbia Columbia, TN Hallmark Greenwood Greenwood, SC

Hallmark Plaza Louisville, KY Hallmark Preston Louisville, KY Cola Commons Shelbyville, KY Hallmark at the Lake Taylorsville, KY Hallmark at the Park Nashville, TN Madison Apartments Louisville, KY Hallmark Crestmoor Crestmoor, AL Hallmark at Malphrus Bluffton, SC Hallmark at Garden Parkway Tuscaloosa, AL Hallmark Bellevue Nashville, TN