JOINT FILING AGREEMENT

                             JOINT FILING AGREEMENT


         Each of the Reporting Persons hereby agrees to make this joint filing
pursuant to Rule 13d-1(f) of the Exchange Act of 1934.


Dated:   January 12, 1998

                                   WHWE L.L.C.

                                   By:  Whitehall Street Real Estate
                                        Limited Partnership V,
                                        Member and Manager

                                   By:  WH Advisors, L.P. V,
                                        its general partner

                                   By:  WH Advisors, Inc. V,
                                        its general partner


                                   By: /s/ Xxxxxxxxx X. X'Xxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxxxx X. X'Xxxxx
                                       Title: Vice President



                                   WHITEHALL STREET REAL ESTATE
                                   LIMITED PARTNERSHIP V

                                   By:  WH Advisors, L.P. V,
                                        its general partner

                                   By:  WH Advisors, Inc. V,
                                        its general partner


                                   By: /s/ Xxxxxxxxx X. X'Xxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxxxx X. X'Xxxxx
                                       Title: Vice President








                                   WH ADVISORS, L.P. V,

                                   By: WH Advisors, Inc. V,
                                       its general partner


                                   By: /s/ Xxxxxxxxx X. X'Xxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxxxx X. X'Xxxxx
                                       Title: Vice President



                                   GS CAPITAL PARTNERS, L.P.

                                   By:  GS Advisors, L.P.,
                                        its general partner

                                   By:  GS Advisors, Inc.,
                                        its general partner


                                   By: /s/ Xxxxxxx X. Xxxxxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxx X. Xxxxxxxx
                                       Title: President




                                   GS ADVISORS,  L.P.

                                   By:  GS Advisors, Inc.,
                                        its general partner


                                   By: /s/ Xxxxxxx X. Xxxxxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxx X. Xxxxxxxx
                                       Title: President







                                   THE XXXXXXX XXXXX GROUP, L.P.


                                   By:  The Xxxxxxx Sachs Corporation,
                                        its general partner


                                   By: /s/ Xxxxxxx X. Xxxxxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxx X. Xxxxxxxx
                                       Title: Executive Vice President



                                   XXXXXXX, XXXXX & CO.


                                   By: /s/ Xxxxxxx X. Xxxxxxxx
                                      ------------------------------------------
                                       Name:  Xxxxxxx X. Xxxxxxxx
                                       Title: Managing Director