AGREEMENT OF JOINT FILING
The parties listed below agree that the Amendment No. 12 to Schedule
13D to which this agreement is attached as an exhibit, and all further
amendments thereto, shall be filed on behalf of each of them. This Agreement is
intended to satisfy Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended. This Agreement may be executed in any number of counterparts, each of
them shall be deemed an original, but all of which together shall constitute one
and the same instrument.
Dated: August 20, 2002
AIMCO PROPERTIES, L.P.
By: AIMCO-GP, INC.
(General Partner)
AIMCO-GP, INC.
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
ACQUISITION LIMITED PARTNERSHIP
AIMCO/BETHESDA HOLDINGS, INC.
ORP ACQUISITION, INC.
OXFORD REALTY FINANCIAL GROUP, INC.
AIMCO/BETHESDA HOLDINGS ACQUISITIONS, INC.
ORP ACQUISITION PARTNERS, L.P.
By: /s/ Xxxxxxx X. Xxxx
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Executive Vice President
of each of the foregoing entities
