Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 30,1998 PSA#2148

113 Bon Aire Circle West, Suffern, NY 10901

R -- J 51 AND MCI CONSULTING FOR MULTIFAMILY NEW YORK CITY BUILDINGS SOL Arco-236-98-012 JPG (RFP) POC Jeffrey P. Goldstein Contracting Officer 914 368 2400 x 364 WEB: JPG@Arcomgt.com, www.Arcomgt.com. E-MAIL: www.Arcomgt.com, Info@arcomgt.com. Solicitation ARCO-236-98-012 JPG (RFP) J-51 and MCI Consultants for Multifamily Properties in the City of New York. The solicitation is for the services of a subcontractor to provide tax consulting services under a subcontract to Arco Management of Washington DC, for all of its contracted buildings in inventory within the City of New York . The contractor will act as a subcontractor to Arco Management under its Prime Contract as Contractor Asset Manager for the U.S. Department of Housing and Urban Development (HUD) for the REO Service Center in Atlanta, Georgia. This RFP is structured in accordance with the Uniform Contract Format required by the Federal Acquisition Regulation (FAR). Arco currently is beginning renovations on two buildings in Brooklyn, New York. Arco reserves the right to select more than one subcontractor for this solicitation. This subcontract will be for a one year base term with optional years thereafter. If you have interest regarding this RFP, you should contact only in writing ARCO MANAGEMENT Attention: Jeffrey P. Goldstein, 113 Bon Aire Circle West Suffern, New York 10901 -- 914 368 2499 fax or E mail at jpg@arcomgt.com Due out for mailing about August 1, 1998. Posted 07/28/98 (W-SN229468). (0209)

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