JOINT FILING AGREEMENT

   1
                                                            Page 24 of 139 Pages


                                    EXHIBIT 1

                             JOINT FILING AGREEMENT

                  We, the signatories of the statement on Schedule 13D to which
this Agreement is attached, hereby agree that such statement is, and any
amendments thereto filed by any of us will be, filed on behalf of each of us.


                                 XXXXXXXXX REAL ESTATE
                                 PARTNERS, L.L.C.


                                      /s/ Xxxxxxxx X. Xxxx
                                 By:___________________________________________
                                    Name: Xxxxxxxx X. Xxxx
                                    Title: Managing Principal


                                 XXXXXXXXX REAL ESTATE
                                 PARTNERS MANAGEMENT I, L.L.C.


                                      /s/ Xxxxxxxx X. Xxxx
                                 By:___________________________________________
                                    Name: Xxxxxxxx X. Xxxx
                                    Title: Managing Principal of Managing
                                                      Member


                                 XXXXXXXXX REAL ESTATE FUND I, L.P.


                                      /s/ Xxxxxxxx X. Xxxx
                                 By:___________________________________________
                                    Name: Xxxxxxxx X. Xxxx
                                    Title: Managing Principal of Managing
                                            Member of General Partner


                                 XXXXXXXXX REAL ESTATE
                                 CO-INVESTMENT PARTNERSHIP I, L.P.


                                      /s/ Xxxxxxxx X. Xxxx
                                 By:___________________________________________
                                    Name: Xxxxxxxx X. Xxxx
                                    Title: Managing Principal of Managing
                                            Member of General Partner
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                                                            Page 25 of 139 Pages



                                 XXXXXXX X. XXXXXXX


                                       /s/ Xxxxxxx X. Xxxxxxx
                                 By:___________________________________________
                                    Name:  Xxxxxxx X. Xxxxxxx



                                 XXXXXXX X. XXXXXX


                                       /s/ Xxxxxxx X. Xxxxxx
                                 By:___________________________________________
                                    Name:  Xxxxxxx X. Xxxxxx



                                 XXXX X. XXXXXXXXXX


                                       /s/ Xxxx X. Xxxxxxxxxx
                                 By:___________________________________________
                                    Name:  Xxxx X. Xxxxxxxxxx



                                 XXXXXXXX X. XXXX


                                       /s/ Xxxxxxxx X. Xxxx
                                 By:___________________________________________
                                    Name:  Xxxxxxxx X. Xxxx



                                 XXXXXXX X. XXXXXX XXX


                                       /s/ Xxxxxxx X. Xxxxxx III
                                 By:___________________________________________
                                    Name:  Xxxxxxx X. Xxxxxx XXX




DATED:  October 24, 1997