1. STATE OF THE MARKETMay 2013Dianne Crocker, EDR InsightTom Fink, Trepp

2. [placeholder for video] 3. State of the MarketBaby stepping recovery. Intense pressure.Morphing. Agile and alert will thrive. 4. State of the MarketBaby stepping recovery. Intense Pressure.Morphing. Agile and alert will thrive. 5. View of Market: 50,000 FeetCRE Lending +24%-SBA Lending +13%Property transactions:-Large +28%-Small (