EXHIBIT 16
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the Securities
Exchange Act of 1934, as amended, the undersigned hereby agree to the joint
filing with all other Reporting Persons (as such term is defined in the Schedule
13D referred to below) on behalf of each of them of a statement on Schedule 13D
(including amendments thereto) with respect to the Common Stock of beneficial
interest, par value $0.01 per share, of The Fortress Group, Inc., a Delaware
corporation, and that this Agreement may be included as an Exhibit to such joint
filing. This Agreement may be executed in any number of counterparts, all of
which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of
the 27th day of August 1998.
PROMETHEUS HOMEBUILDERS LLC
By: LF Strategic Realty Investors II L.P.,
as sole member
By: Lazard Freres Real Estate Investors L.L.C.,
as general partner
By: /s/ Xxxxx Xxxxx
Name:---------------
Xxxxx Xxxxx
Title: Principal
LF STRATEGIC REALTY INVESTORS II L.P.
LFSRI II ALTERNATIVE PARTNERSHIP L.P.
LFSRI II-CADIM ALTERNATIVE PARTNERSHIP L.P.
By: Lazard Freres Real Estate Investors L.L.C.,
as general partner
By: /s/ Xxxxx Xxxxx
---------------
Name: Xxxxx Xxxxx
Title: Principal
Page 11 of 11
SCHEDULE I
EXECUTIVE OFFICERS OF PROMETHEUS AND LFREI
The business address for each of the following persons is 00
Xxxxxxxxxxx Xxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000.
NAME OF OFFICER PRESENT AND PRINCIPAL OCCUPATION
--------------- --------------------------------
Xxxxxx X. Xxxxxxx Principal of LFREI
Xxxxxxx X. Xxxxx Principal of LFREI
Xxxxxx X. Xxxxxxx Principal of LFREI
Xxxxx X. Xxxxxxxxxxx Principal of LFREI
Xxxxx X. Xxxxx Principal of LFREI
Xxxxxx X. Xxxxxx Senior Vice President of LFREI
Xxxxxxx X. Xxxxxxxxxx Secretary of LFREI
Xxxxx X. Xxxxx Comptroller of LFREI
