News Brief Excerpt

(Institutional Real Estate Newsline)

November 22, 2004 - Two trusts of the Gordon P. Getty family have invested in partnerships sponsored by The Prescott Group, a New York City-based real estate investment banking firm. The Prescott partnerships, which will be run by the firm's Prescott Capital Management unit, will allocate more than $400 million to U.S. and international commercial property acquisitions, investments and partnerships in 2005. The investment vehicles will seek funding from private wealth managers serving high net worth investors.