BentleyForbes

BentleyForbes recently expanded its investment program to include hospitality properties, with the formation of BentleyForbes Hospitality, LLC. This wholly owned subsidiary of BentleyForbes seeks to acquire, own and asset manage/operate trophy four-star and five-star hotels. Generally, such hotel properties are located in major CBDs or destination resort areas which have high barriers to entry. Additionally, the Company will generally only purchase hotels that currently are, or post-acquisition will be, managed by major, international hotel management companies.

BentleyForbes Hospitality, LLC recently completed, in August 2006, its initial hospitality property acquisition with the purchase of the Four Seasons Resort and Club Dallas located in Las Colinas, Irving, Texas. This trophy property includes the following features:

397 hotel rooms including 90 villas
Two golf courses including a Tournament Players Club course which annually hosts the EDS Byron Nelson Classic, which is the second largest PGA attendance tournament
176,000’ sports facility which includes indoor tennis, swimming, racquetball, jogging track, retail golf and tennis shops, and members’ club and restaurant
32,000’ of first-class meeting space in 28 meeting rooms
Texas only Five Diamond hotel
400 acres of land
Managed under long-term management agreement by Four Seasons, the best-of-class world-wide luxury hotel management company

BentleyForbes Hospitality, LLC utilizes the financial resources and staffing services of its parent company.