The principals of Triarc International, Inc. have extensive experience in real estate development. Since 1970, we have been involved in all aspects of the development process for projects ranging from complicated mixed-use projects and full service hotels to luxury high-rise condominiums, office buildings, garden apartments, single family homes, housing for senior citizens and retail shopping centers.

We develop real estate for our own account, and as consultants and managers.

Triarc has built a reputation for successfully completing complex projects in difficult markets. We are one of the very few companies with the expertise and experience to do ground-up development and conversions of full service and limited service hotels in New York City's challenging environment - on time and on budget. Our track record has earned us on-going relationships with some of the world's leading hospitality companies and hotel owners. Triarc also has substantial expertise in the international arena.

At Triarc, cost efficiency is part of our core philosophy. Cost efficiency is achieved not by sacrificing quality, but by using all of our considerable experitise to control costs. This means eliminating redundancies, and carefully monitoring all facets of a project. It means using our diverse in-house capabilities wherever possible, and being able to supervise and coordinate the work of project consultants when they are required.

The ability to arrange financing for a project is a critical aspect of the real estate development process. Triarc has arranged equity capital and financing for the majority of its projects. Triarc's success is based on our established reputation and relationships with substantial investors and financial institutions, as well as its proven ability to analyze a prospect's economic feasibility.

Despite the cyclical nature of the real estate industry, the principals of Triarc have demonstrated longevity and succuss. We have accomplished this by targeting emerging and growing markets in different geographical locations - markets that offer unique and profitable business opportunities. This strategy has resulted in many successful investments for our associates, clients, investors and joint venture partners.