commercial Real Estate Profile - U.S. Bank Wells Fargo & Co. AA- *- A1 AA- AA ... controlled disbursements, internal expense management, and cash vault ... commercial Real Estate Profile

Industry-leading performance

Diversified mix of businesses

Loan and deposit growth year over year

Industry-leading capital generation

Strong capital position

Prudent risk management

Ongoing investment in new products and services

Focus on customer service

Commercial Real Estate Statistics

Number of Employees 360

Commitments $23 billion

Loans $17 billion

At quarter-end, March 31, 2010

Statistics2010 Second Quarter

Bank with a financial partner that’s strong and stable, safe and sound—that’s U.S. Bank. Throughout this difficult economic environment, U.S. Bank has been

open for business, lending money to our customers and offering the best financial services in the industry. We’re honored by the many accolades

U.S. Bank has received in the past year for our prudent, responsible way of doing

business — putting the customer first, strengthening our bank and investing in the products and services that you and your business want and need. We lead among

our peer banks in many key measurements of bank performance and soundness.

All of US are working to help see our customers, our communities and our nation back on solid footing with unlimited opportunity

and optimism again.

Commercial Real EstateU.S. Bank

U.S. Bancorp Pride PointsU.S. Bancorp named one of America’smost reputable companies,Reputation Institute’s Global Reputation Pulse 2009

the 5th largest U.S. commercial bank

U.S. Bancorp named one of the world’s most admired companiesranked number four in the U.S. super regional bank category, Fortune magazine,April 2009

Highest ranked large commercial bank in Forrester’s 2009 CustomerExperience survey

Winner of “Best Bank in United States” in the Euromoney magazineAwards for Excellence, June 2009

Largest issuer of Visa® gift cards — more than 30 million to date

U.S. Bancorp on Barron’s “Most Respected Companies” list, (January 2009)

Holding Company –Long Term/Senior Debt Ratings: Peer Group

Ratings as of 4/8/10S&P Moody’s Fitch DBRS

1 U.S. Bancorp A+ Aa3 *- AA- AA2 JP Morgan Chase & Co. A+ *- Aa3 *- AA- AH3 Wells Fargo & Co. AA- *- A1 AA- AA 4 BB&T Corp. A A1 *- A+ *- AAL *-5 Bank of America Corp. A *- A2 A+ A6 PNC Financial Services Group A A3 A+ AH7 Keycorp BBB+ *- Baa1 *- A- *- BBBH8 Suntrust Banks, Inc. BBB Baa1 *- BBB+ AL9 Fifth Third Bancorp BBB *- Baa1 *- A- *- AL10 Regions Financial Corp. BBB- *- Baa3 *- BBB+ *- BBBH *-

USB Capital Position 4Q09 “Well Capitalized”USB Requirements

Tier 1 Capital Ratio 9.6% 6.0%

Total Risk-based Capital Ratio 12.9% 10.0%

Leverage Ratio 8.5% 5.0%

Tier 1 Common Equity Ratio 6.8%

Tangible Common Equity Ratio 5.3%

Real Estate Lending U.S. Bank Commercial Real Estate offers competitive loans and linesof credit to real estate developers/investors. Financing is available forthe purpose of development/ redevelopment and stabilizing projects ofany size.

Affordable Multi-Family Lending U.S. Bank Commercial Real Estate offers programs to assistcommunities in the construction, rehabilitation, and acquisition ofrental housing for low and moderate-income individuals and families.In this capacity, we combine our expertise in real estate and ourexperience in the field of affordable housing.

Structured Finance U.S. Bank Commercial Real Estate Structured Finance deliverscustomized financing solutions through a blend of senior andmezzanine debt otherwise not available in the traditional bankingmarket. Customers are able to obtain funding with optimal leverage at market rates, all delivered in a timely and efficient manner.Transactions cover all product types and encompass small, regional assets to large, institutional projects nationwide.

Deposit, Treasury Management, And Payment Solutions U.S. Bank provides a variety of deposit solutions for current, short- andlong-term cash. With Treasury Management processing facilitiesthroughout the country and sophisticated electronic transactionprocessing capabilities, you’ll enjoy convenient, superior service andinnovative solutions for such processes as epayment, on-siteelectronic deposit, lockbox, controlled disbursements, internal expensemanagement, and cash vault services. In addition, we offer fullyintegrated collection and payment solutions that support overall costreduction and increase processing efficiencies.

Loan Administration U.S. Bank Commercial Real Estate has a professional, experiencedstaff of loan administrators located in each of our markets, providingefficient execution of loan closings, knowledgeable construction loanadministration, skilled on-going loan servicing and excellent customerexperience.

U.S. Bank Capital Markets has a team of seasoned banking professionals, withexperience as relationship managers, who maintain a customer-oriented approachand offer the following products:

Syndicated Loans: Provide financing for construction projects, working capital, mergerand acquisitions, buyouts and recapitalizations, among other purposes. U.S. BankCapital Markets is an experienced leader in the arrangement of syndicated loans.

Agency Services: Provide a specialized expertise in the operation and administrationof syndicated credits.

Interest Rate Protection/Derivatives: Products include swaps, caps, floors, collars, and swaptions to hedge exposure to interest rate risk.

Capital Markets

U.S.Bank

Commercial Real Estate

U.S. Bank High Grade Fixed Income Group has the ability to provide full-service investment grade bond underwriting capabilities and provides:

• Advice on capital raising alternatives • Structure & execution of new securities offerings • Support of securities in the secondary market through trading activities

U.S. Bank Commercial Real Estate has local offices in 24 major markets including Dallas, Texas.

NOT FDIC INSURED MAY LOSE VALUE NOT GUARANTEED BY THE BANK NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCIES

Investment products are

U.S. Bank Commercial Real Estate and CorporatePayment SystemsOpportunitiesGiven the current economic conditions,

organizations are searching for easy to

use tools that support cost reduction

and increase processing efficiencies.

U.S. Bank Corporate Payments

Systems (CPS) solutions offer valuable

services to help Commercial Real

Estate clients achieve these objectives

while also improving overall spend

visibility and control.

*unless customer requests more than 200 cards andresulting volume will be less than $1MM/year

One CardHow it Works• Customer issues One Card accounts to employees

• Employee cardholders use One Cards to make purchases from allowablemerchants

• U.S. Bank consolidates purchases into one invoice to company, whomakes single payment to U.S. Bank rather than hundreds or thousands toindividual vendors

Competitive Advantage• U.S. Bank pioneered purchasing and travel solutions, being one of thelargest issuers of Visa and MasterCard commercial cards in the world

• Dedicated team of experts with extensive experience behind every solution

• U.S. Bank offers a full suite of products and can handle any payment needa client may have

Features Benefits

No fees No annual card fees, no hidden charges*

$100,000 misuse protection No liability for card abuse

Cost savingsSave time and money associatedwith processing checks, invoicesand purchase orders

Rebates Potential for corporate rebatesbased on spending level

Mitigate the risk of cardmisuse

Restrict card use to specific dollaramounts and vendor types

Easy integration withaccounting and payment

Reduces manual data entry, errors and saves money

Get more cost savings with Payment PlusPayment Plus allows organizations to: Reduce costs and fraud associated with check payments Automate payment and reconciliation processes Enhance cash management

No-cost toolPayment Plus is part of AccessOnline, the web-based cardprogram management system thatU.S. Bank clients know and trust.An organization does not need topurchase additional software orworry about complicated andexpensive implementations.Everything needed to managepayments is available anytime,anywhere, at no additional cost.

Payment Plus is offered in conjunction with the One Card solution as outlinedbelow for even more control and efficiency in the payments process.

Easy to useStreamlining business processes with Payment Plus is easy. Injust three steps, an organization can start cutting accountspayable expenses, all within Access Online.

1. Submit payment instructions using an automated file or oursimple online form

2. Pay suppliers securely while providing complete remittanceinformation

3. Monitor payments and update financial systems with Access Online’s automated reporting features

U.S. Bancorp Business Scope

Real Estate Expertise Across the U.S.

Multi-use 5%Other Secured 2%

Industrial 6%Residential 10%

Multi-family 29%

Commercial A&D 5%Lodging 7%

Retail 20%Office 15%

Industrial 5%Residential 7%

Multi-family 32%

Commercial A&D 6%Lodging 8%

Retail 20%Office 15%

Other Secured 2%Multi-use 5%

C O M M E R C I A L R E A L E S TAT E O F F I C E SC O M M E R C I A L M O R T G A G E C O M M I T M E N T P O R T F O L I O

SacramentoLos Angeles

Orange County

Las VegasSan Diego

San Francisco

AtlantaPittsburgh

PortlandSeattle

Salt Lake CityDenver

Minneapolis / St. PaulMadison

MilwaukeeChicago

CincinnatiColumbusCleveland

Phoenix

Dallas

Washington DCPhiladelphia

Boston

PortlandSeattle

Salt Lake CityDenver

Minneapolis / St. PaulMadison

MilwaukeeChicago

CincinnatiColumbusCleveland

SacramentoLos Angeles

Orange County

PhoenixLas Vegas

San Diego

Dallas

PittsburghAtlanta

Washington DCPhiladelphia

Boston

l

San Francisco

usbank.comMember FDIC. U.S. Bancorp, including each of our subsidiaries, is an Equal Opportunity Employer and a Drug-Free Workplace. 4466 5/10

Privacy U.S. Bancorp is committed to respecting the privacy of ourcustomers and safeguarding the financial and personal informationprovided to us. To learn more about the U.S. Bancorp commitment to protecting privacy, visit usbank.com and click on Privacy Pledge.

Code of Ethics U.S. Bancorp places the highest importance on honesty and integrity. Each year, every U.S. Bancorp employee certifies compliance with the letter and spirit of our Code of Ethics andBusiness Conduct, the guiding ethical standards of our organization.For details about Our Code of Ethics and Business Conduct, visitusbank.com and click on About U.S. Bancorp, then Ethics at U.S. Bank.

Diversity U.S. Bancorp and our subsidiaries are committed todeveloping and maintaining a workplace that reflects the diversity of the communities we serve. We support a work environment whereindividual differences are valued and respected and where each individual who shares the fundamental values of the company has an opportunity to contribute and grow based on individual merit.

Equal Employment Opportunity/Affirmative ActionU.S. Bancorp and our subsidiaries are committed to providing Equal Employment Opportunity to all employees and applicants for employment. In keeping with this commitment, employment decisions are made based upon performance, skill and abilities, notrace, color, religion, national origin or ancestry, gender, age, disability,veteran status, sexual orientation or any other factors protected by law.The corporation complies with municipal, state and federal fairemployment laws, including regulations applying to federal contractors.U.S. Bancorp, including each of our subsidiaries, is an EqualOpportunity Employer committed to creating a diverse workforce.

Lending OfficesAtlanta, GARick Anthony 770-512-3116Boston, MAMike Hussey 617-357-1765Chicago, ILDon Pafford 312-325-8740 Cincinnati, OHRandy With 513-287-8387Cleveland, OHJohn Osberg 216-623-9294Columbus, OHJohn Hart 614-232-8093Dallas, TXJohn Kuykendall 972-458-4502Denver, CORalph Pace 303-585-4170Las Vegas, NVMatt Mains 602-257-5420Los Angeles, CARudy Kramer 213-615-6695

Madison, WIPeter Mortenson 608-252-4208Milwaukee, WIPeter Mortenson 414-765-4858Minneapolis, MNMike Raarup 612-303-3586Orange County, CAScott McPherson 949-863-2367Philadelphia, PARon Bloch 215-523-6109Phoenix, AZMatt Mains 602-257-5420Pittsburgh, PABruce Ostrom 412-456-3210Portland, ORAnn Young 503-275-8679Sacramento, CAMike Higgins 916-498-3450Salt Lake City, UTJohn Seastrand 801-534-6236San Diego, CAJim Nigro 858-334-0700

San Francisco/Bay Area, CAPat Theophilos 415-774-2230Seattle, WAJohn Swanson 206-344-4699Washington, DCWalter Whitt 703-442-5491

Affordable Multi-FamilyCaliforniaJohn Chan 916-498-3803DenverSarah Archibald 303-585-8937MidwestCraig Mizushima 312-325-8893PortlandDavid Castricano 503-275-3387SeattleAnn Melone 206-344-5423

Product SpecialtiesStructured FinanceVish Ali 972-458-4517

C O M M E R C I A L R E A L E S TAT E C O N TA C T L I S TJoe Hoesley, Vice Chairman, Commercial Real Estate