The best criterion of the professionalism of a company syndicating real estate funds is the extent to which it has managed to maintain a consistently positive performance record. Comparison of the current results with the original expectations for an investment project shows whether the syndicator is able to appraise real estate investments correctly and to manage them successfully. Another decisive factor is whether the company has pursued a successful exit strategy and been able to create long-term added value for the investors over and above high regular distributions should the assets be sold. KanAm's performance record testifies that both these criteria are met:

• consistently high regular distributions from existing funds
• realization of added value when funds are dissolved.