325 West Huron Street Suite 412 Chicago, Illinois 60654

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Prairie Realty Advisors, Inc. ("PRA" or the "Company") is a regional real estate financial services firm specializing in origination and servicing of commercial mortgages and income producing property. PRA was formed in September of 1992 to operate as an efficient intermediary providing access to real estate capital as well as a broad range of advisory services to medium sized institutional real estate investors. To date PRA has arranged over $3.0 billion in mortgage transactions.

As a mortgage banker, PRA originates, sells and services commercial real estate loans. In return for providing these services, the Company receives remuneration in the form of fees from borrowers or clients for originating the transaction, and servicing override fees for "servicing" loans for a lender. PRA has relationships with many institutional lenders throughout the U.S. The firm is able to provide capital to borrowers for loans ranging from $2,000,000 and above.

Headquartered in Chicago, the firm services a direct market of over 15 million people. PRA takes special pride in the fact that it is employed by its clients across geographic boundaries. It works hard to create a bond between lender and borrower in an attempt to realizing a higher percentage of repeat business.

As of January 2014, the firm has four employees. Loan production and firm administration are the responsibility of John F. Siff, President. Mr. Alby Van Alyea, Managing Director, is primarily responsible for origination of loan opportunities and production and reports to Mr. Siff. Loan underwriting, administration, closing and servicing are under the purview of Mr. Sandy Payne, Vice President. In order to oversee the servicing portfolio, management has prudently employed additional staff reporting to Payne.

Ms. Rosemarie Kern came on board in 1998 to oversee day to day operation of the servicing company. With over 20 years of accounting and servicing experience, Ms. Kern oversees all Investor reporting, the Annual Audit and year-end reporting functions as well.

PRA has combined experience of over 100 years in the real estate profession. It is a member in good standing with the Mortgage Bankers of America, State of Illinois - Department of Professional Regulation, and the Urban Land Institute. Mr. Siff, 57, has arranged, serviced, sold or purchased over two billion dollars of real estate. He has been employed in the mortgage banking industry since 1979 and held a myriad of staff and line positions with several of the oldest and revered firms in Chicago. Mr. Payne, 65, has been in the real estate business since 1974. Line responsibilities have been broad, from acquisitions to portfolio management.

PRA is proud of its success over the past twenty-one years. The Board of Directors consist of Management affiliated with MyFreightWorld.com, Kirkland and Ellis, Marsh, Marriott Corporation, PriceWaterhouseCoopers and Wolverine Mutual Insurance Co.

Company Statistics:

    • Over $3.0 billion in commercial financing since September 1992.
    • Coverage of the U. S. as well as Canada, Mexico and Europe in 2003.
    • Four commercial real estate finance professionals.
    • Servicing Portfolio of over $400 million.
    • Ten(10) correspondent lender relationships.
    • Over 300 financings since 2000.