| Relationships | Role | Relationship Start | Relationship End |
| Blackrock Realty Advisors Community Development Multifamily Equity Fund I, Llc | Parent | 12/21/2005 | 10/1/2010 |
| Southern Pines Owner, Llc | Subsidary | 12/21/2005 | 10/1/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Blackrock Realty Advisors Community Development Multifamily Equity Fund I, Llc | Parent | 12/21/2005 | 10/1/2010 |
| Southern Pines Owner, Llc | Subsidary | 12/21/2005 | 10/1/2010 |