AGREEMENT OF JOINT FILING

Exhibit 7.2

AGREEMENT OF JOINT FILING

     The parties listed below agree that the 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 January 20, 2009

	AIMCO PROPERTIES, L.P.
	By:	AIMCO-GP, INC., its General Partner
	By:	/s/ Xxxxx XxXxxxxxxx
	Name:	Xxxxx XxXxxxxxxx
	Title:	Senior Vice President and Asst. Secretary
	AIMCO-GP, INC.
	By:	/s/ Xxxxx XxXxxxxxxx
	Name:	Xxxxx XxXxxxxxxx
	Title:	Senior Vice President and Asst. Secretary
	APARTMENT INVESTMENT AND MANAGEMENT COMPANY
	By:	/s/ Xxxxx XxXxxxxxxx
	Name:	Xxxxx XxXxxxxxxx
	Title:	Senior Vice President and Asst. Secretary
	AIMCO/BETHESDA HOLDINGS, INC.
	By:	/s/ Xxxxx XxXxxxxxxx
	Name:	Xxxxx XxXxxxxxxx
	Title:	Senior Vice President and Asst. Secretary