(Name and Address of Agent
for Service)

Copy to:

Robert N. Hickey, Esq.

Sullivan & Worcester LLP

Adam D. Portnoy, President

1666 K Street, NW

RMR Real Estate Fund

Washington, DC 20006

400 Centre Street

Newton, Massachusetts 02458

Julie A. Tedesco, Esq.

State Street Bank and Trust Company

Two Avenue de Lafayette, 6th Floor

Boston, Massachusetts 02111

Company

Alesco Financial Trust, Inc.

Ticker:

AFN

Cusip:

014485106

Meeting Date:

Record Date:

7/20/2006

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

The undersigned (the “Shareholder”), hereby certifies to Alesco Financial Trust, a Maryland real estate investment trust (the “Company”), that (a) the Shareholder is the record holder of  500,000 of the common shares of beneficial interest, $0.01 par value per share (the “Common Shares”), of the Company and (b) a copy of the Amended and Restated Agreement and Plan of Merger (the “Merger Agreement”), dated as of July 20, 2006, between the Company, Sunset Financial Resources, Inc., a Maryland corporation, and Jaguar Acquisition, Inc., a Maryland corporation (“MergerCo”), has been made available to the Shareholder.

For

For

Management

2.00

The Board of Trustees of the Company has declared advisable and recommends that the Shareholder approve the Merger Agreement and the merger of the Company with and into MergerCo, pursuant to the Merger Agreement.

For

For

Management

3.00

The Shareholder hereby consents to and adopts the following resolution, effective as of the date set forth above (the “Effective Date”), to the same extent and with the same force and effect as if the Shareholder had cast in favor of a proposal to adopt such resolution, all of the votes that the Shareholder would be entitled to cast at a formal meeting of the holders of the Common Shares of the company duly called and held on the Effective Date for the purpose of acting upon such a proposal: RESOLVED, that the Merger Agreement and the merger of the Company with and into MergerCo, pursuant to the Merger Agreement, is hereby approved.

For

For

Management

Company

Alesco Financial, Inc.

Ticker:

AFN

Cusip:

014485106

Meeting Date:

12/7/2006

Record Date:

11/6/2006

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Rodney E. Bennett, (2) Marc Chayette, (3) Daniel G. Cohen, (4) Thomas P. Costello, (5) G. Steven Dawson, (6) Jack Haraburda, (7) James J. McEntee, III, (8) Lance Ullom, (9) Charles W. Wolcott.

For

For

Management

Ticker:

AFN

Cusip:

014485106

Meeting Date:

5/22/2007

Record Date:

4/20/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Rodney E. Bennett, (2) Marc Chayette, (3) Daniel G. Cohen, (4) Thomas P. Costello, (5) G. Steven Dawson, (6) Jack Haraburda, (7) James J. McEntee, III, (8) Lance Ullom, (9) Charles W. Wolcott.

For

For

Management

2.00

To amend the company’s 2006 long-term incentive plan, as described in the accompanying proxy statement.

For

For

Management

3.00

To ratify the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the year ending December 31, 2007.

For

For

Management

Company

AMB Property Corporation

Ticker:

AMB

Cusip:

00163T109

Meeting Date:

5/10/2007

Record Date:

3/6/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

(1A) Election of director: Afsaneh M. Beschloss, (1B) Election of director: T. Robert Burke, (1C) Election of director: David A. Cole, (1D) Election of director: Lydia H. Kennard, (1E) Election of director: J. Michael Losh, (1F) Election of director: Hamid R. Moghadam, (1G) Election of director: Frederick W. Reid, (1H) Election of director: Jeffrey L. Skelton, (1I) Election of director: Thomas W. Tusher.

For

For

Management

2.00

Ratification of the selection of Pricewaterhousecoopers LLP as the independent registered public accounting firm of AMB Property Corporation for the fiscal year ending December 31, 2007.

For

For

Management

3.00

Approval of the amended and restated 2002 stock option and incentive plan

For

For

Management

4.00

Stockholder proposal regarding pay-for-superior performance.

Against

Against

Management

Company

American Capital Strategies, Ltd.

Ticker:

ACAS

Cusip:

024937104

Meeting Date:

5/4/2007

Record Date:

3/16/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Mary C. Baskin, (2) John A. Koskinen, (3) Alvin N. Puryear.

For

For

Management

2.00

Approval of the 2007 stock option plan.

For

For

Management

3.00

Approval of the amendment to our certificate of incorporation to declassify the board of directors.

For

For

Management

4.00

Approval of the amendment to our certificate of incorporation to increase the number of authorized shares.

For

For

Management

5.00

Approval of the amendment to the incentive bonus plan.

For

For

Management

6.00

Ratification of appointment of Ernst & Young LLP as auditors for the year ending December 31, 2007.

For

For

Management

Company

American Financial Realty Trust

Ticker:

AFR

Cusip:

02607P305

Meeting Date:

6/6/2007

Record Date:

4/5/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Richard J. Berry, (2) John R. Biggar, (3) Raymond Garea, (4) John P. Hollihan III, (5) Richard A. Kraemer, (6) Alan E. Master, (7) Harold W. Pote, (8) Lewis S. Ranieri.

For

For

Management

Company

American Home Mortgage

Ticker:

AHM

Cusip:

02660R107

Meeting Date:

6/21/2007

Record Date:

5/15/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) John A. Johnston, (2) Michael A. McManus, Jr.

For

For

Management

2.00

Ratification of Deloitte & Touche LLP as the company’s independent auditors for the year ending December 31, 2007.

For

For

Management

3.00

Amendments to the company’s 1999 omnibus stock incentive plan.

For

For

Management

Company

American Mortgage Acceptance

Ticker:

AMC

Cusip:

027568104

Meeting Date:

6/12/2007

Record Date:

4/13/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Jeff T. Blau, (2) J. Larry Duggins, (3) George P. John, (4) Harry Levine, (5) Scott M. Mannes, (6) Stanley R. Perla, (7) Marc Schnitzer.

For

For

Management

2.00

Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accountants of American Mortgage Acceptance Company.

For

For

Management

Company

Anthracite Capital, Inc.

Ticker:

AHR

Cusip:

037023108

Meeting Date:

5/22/2007

Record Date:

3/30/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Donald G. Drapkin, (2) Carl F. Geuther.

For

For

Management

2.00

Proposal to ratify the appointment of Deloitte & Touche LLP as independent auditors for the fiscal year ending December 31, 2007.

For

For

Management

Company

Apartment Investment & Management Company

Ticker:

AIV

Cusip:

03748R101

Meeting Date:

4/30/2007

Record Date:

3/2/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

*** Could not vote as meeting date had

passed****

For

Did not vote

Management

Directors recommend: A vote for election of the following nominees: (1) James N. Bailey, (2) Terry Considine, (3) Richard S. Ellwood, (4) Thomas L. Keltner, (5) J. Landis Martin, (6) Robert A. Miller, (7) Thomas L. Rhodes, (8) Michael A. Stein.

2.00

*** Could not vote as meeting date had passed****

For

Did not vote

Management

To ratify the selection of Ernst & Young LLP to serve as the independent registered public accounting firm for AimCo for the fiscal year ending December 31, 2007.

3.00

*** Could not vote as meeting date had passed****

For

Did not vote

Management

To approve the AimCo 2007 stock award and incentive plan.

4.00

*** Could not vote as meeting date had passed****

For

Did not vote

Management

To approve the AimCo 2007 employee stock purchase plan.

Company

Arbor Realty Trust, Inc.

Ticker:

ABR

Cusip:

038923108

Meeting Date:

5/30/2007

Record Date:

4/13/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) John J. Bishar, Jr., (2) Archie R. Dykes, (3) Joseph Martello, (4) Kyle A. Permut.

For

For

Management

2.00

Ratification of the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for fiscal year 2007.

For

For

Management

3.00

Approval of an amendment to the company’s charter to lower each of the aggregate stock ownership limit and the common stock ownership limit from 8.3 percent to 7.0 percent.

For

For

Management

Company

Ashford Hospitality Trust

Ticker:

AHT

Cusip:

044103109

Meeting Date:

5/15/2007

Record Date:

3/19/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Archie Bennett, Jr., (2) Montgomery J. Bennett, (3) Martin L. Edelman, (4) W.D. Minami, (5) W. Michael Murphy, (6) Phillip S. Payne, (7) Charles P. Toppino.

For

For

Management

2.00

To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

Company

Associated Estates Realty

Ticker:

AEC

Cusip:

045604105

Meeting Date:

5/2/2007

Record Date:

3/16/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Albert T. Adams, (2) James M. DeLaney, (3) Jeffrey I. Friedman, (4) Michael E. Gibbons, (5) Mark L. Milstein, (6) James A. Schoff, (7) Richard T. Schwarz.

For

For

Management

2.00

To ratify the selection of Pricewaterhousecoopers LLP as the company’s independent accountants for the company’s fiscal year ending December 31, 2007.

For

For

Management

Company

BNP Residential Properties, Inc.

Ticker:

BNP

Cusip:

05564T103

Meeting Date:

12/21/2006

Record Date:

10/20/2006

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Approval of the merger of BNP Residential Properties, Inc. with and into Babcock & Brown Bravo Acquisition LLC Pursuant to the amended and restated agreement and plan of merger, dated as of October 17, 2006, all as more fully described in the proxy statement.

For

For

Management

Company

Boston Properties, Inc.

Ticker:

BXP

Cusip:

101121101

Meeting Date:

5/15/2007

Record Date:

3/26/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Mortimer B. Zuckerman, (2) Carol B. Einiger, (3) Richard E. Salomon.

For

For

Management

2.00

To consider and act upon a proposal to  approve the second amendment and  restatement of the Boston Properties, Inc.  1997 stock option and incentive plan.

For

For

Management

3.00

To ratify the audit comittee’s appointment of Pricewaterhousecoopers LLP as Boston Properties, Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

4.00

To consider and act upon a stockholder proposal concerning the annual election of directors, if properly presented at the annual meeting.

Against

Against

Stockholder

5.00

To consider and act upon a stockholder proposal concerning energy efficiency, if properly presented at the annual meeting.

Against

Against

Stockholder

Company

Brandywine Realty Trust

Ticker:

BDN

Cusip:

105368203

Meeting Date:

5/9/2007

Record Date:

3/23/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Walter D’Alessio, (2) D. Pike Aloian, (3) Thomas F. August, (4) Donald E. Axinn, (5) Wyche Fowler, (6) Michael J. Joyce, (7) Anthony A. Nichols, Sr., (8) Michael V. Prentiss, (9) Charles P. Pizzi, (10) Gerard H. Sweeney.

For

For

Management

2.00

Ratification of the audit committee’s appointment of Pricewaterhousecoopers, LLP as independent registered public accounting firm.

For

For

Management

3.00

Amendment and restatement of 1997 long-term incentive plan.

For

For

Management

4.00

Employee share purchase plan.

For

For

Management

Company

CBL & Associates Properties, Inc.

Ticker:

CBL

Cusip:

124830100

Meeting Date:

5/7/2007

Record Date:

3/12/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Stephen D. Lebovitz , (2) Winston W. Walker .

For

For

Management

2.00

To ratify the selection of Deloitte & Touche, LLP as the independent registered public accountants for the company’s fiscal year ending December 31, 2007.

For

For

Management

Company

CBRE Realty Finance Inc.

Ticker:

CBF

Cusip:

12498B307

Meeting Date:

6/6/2007

Record Date:

3/30/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Ray Wirta, (2) Michael Melody, (3) Douglas C. Eby, (4) Vincent J. Costantini, (5) Ricardo Koenigsberger, (6) David P. Marks.

For

For

Management

2.00

To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

Company

Cedar Shopping Centers Inc.

Ticker:

CDR

Cusip:

150602209

Meeting Date:

6/12/2007

Record Date:

4/20/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) James J. Burns, (2) Richard Homburg, (3) Paul G. Kirk, Jr., (4) Everett B. Miller, III, (5) Leo S. Ullman, (6) Brenda J. Walker, (7) Roger M. Widmann.

For

For

Management

2.00

To amend the articles of incorporation to increase authorized common stock and preferred stock.

For

For

Management

3.00

To ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

Company

CentraCore Properties Trust

Ticker:

CPV

Cusip:

15235H107

Meeting Date:

1/23/2007

Record Date:

12/6/2006

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Approval of the agreement and plan of merger, dated September 19, 2006, by and among the GEO Group, Inc., GEO Acquisition II, Inc. and CentraCore Properties Trust, pursuant to which the company will be acquired for $32.00 per share (plus unpaid dividends through the closing date).

For

For

Management

Company

Colonial Properties Trust

Ticker:

CLP

Cusip:

195872106

Meeting Date:

4/25/2007

Record Date:

3/8/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Weston M. Andress, (2) Carl F. Bailey, (3) M. Miller Gorrie, (4) William M. Johnson, (5) Glade M. Knight, (6) James K. Lowder, (7) Thomas H. Lowder, (8) Herbert A. Meisler, (9) Claude B. Nielsen, (10) Harold W. Ripps, (11) Donald T. Senterfitt, (12) John W. Spiegel, (13) C.R. Thompson, III.

For

For

Management

2.00

To ratify the appointment of Pricewaterhousecoopers LLP, as independent registered public accounting firm of the company for the fiscal year ending December 31, 2007.

For

For

Management

Company

Columbia Equity Trust, Inc.

Ticker:

COE

Cusip:

197627102

Meeting Date:

2/27/2007

Record Date:

1/16/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Proposal to approve the merger of Columbia Equity Trust, Inc. with and into SSPF/CET OP Holding Company LLC pursuant to the agreement and plan of merger, dated as of November 5, 2006, by and among SSPF/CET Operating Company LLC, SSPF/CET OP Holding Company LLC, SSPF/CET OP Holding Company Subsidiary L.P., Columbia Equity Trust, Inc. and Columbia Equity, LP.

For

For

Management

Company

Corporate Office Properties Trust

Ticker:

OFC

Cusip:

22002T108

Meeting Date:

5/17/2007

Record Date:

3/15/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Douglas M. Firstenberg, (2) Clay W. Hamlin, III, (3) Jay H. Shidler, (4) Kenneth S. Sweet, Jr.

For

For

Management

2.00

Extension of the term of the amended and restated 1998 long-term incentive plan for a period of ten years.

For

For

Management

Company

Cousins Properties, Inc.

Ticker:

CUZ

Cusip:

222795106

Meeting Date:

5/14/2007

Record Date:

3/23/2007

#

Proposal

Management 
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Thomas D. Bell, Jr., (2) Erskine B. Bowles, (3) James D. Edwards, (4) Lillian C. Giornelli, (5) S. Taylor Glover, (6) James H. Hance, Jr., (7) William B. Harrison, Jr., (8) Boone A. Knox, (9) William Porter Payne.

For

For

Management

2.00

Proposal to amend the 1999 incentive stock plan to increase the number of shares available under the plan by 900,000.

For

For

Management

3.00

Proposal to ratify the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

Company

Crystal River Capital Inc.

Ticker:

CRZ

Cusip:

229393301

Meeting Date:

6/12/2007

Record Date:

5/1/2007

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) William F. Paulsen, (2) Louis P. Salvatore.

For

For

Management

2.00

On the proposal to ratify the appointment by the company’s audit committee of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2007.

For

For

Management

Company

Crystal River Capital, Inc.

Ticker:

CRZ

Cusip:

229393301

Meeting Date:

11/9/2006

Record Date:

10/4/2006

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

Directors Recommend: A vote for election of the following nominees: (1) Bruce K. Robertson, (2) Janet Graham, (3) Harald Hansen.

For

For

Management

2.00

On the proposal to ratify the appointment of Ernst & Young LLP as the company’s independent accountants for the fiscal year ending December 31, 2006.

For

For

Management

Company

DCT Industrial Trust, Inc.

Ticker:

DCT

Cusip:

233153105

Meeting Date:

5/3/2007

Record Date:

3/21/2007

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Thomas G. Wattles, (2) Philip L. Hawkins, (3) Phillip R. Altinger, (4) Thomas F. August, (5) John S. Gates, Jr., (6) Tripp H. Hardin, (7) James R. Mulvihill, (8) John C. O’Keefe, (9) Bruce L. Warwick.

For

For

Management

2.00

Ratification of the appointment of KPMG LLP as the company’s independent registered public accounting firm for 2007.

For

For

Management

Company

Developers Diversified Realty

Ticker:

DDR

Cusip:

251591103

Meeting Date:

5/8/2007

Record Date:

3/19/2007

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

To fix the number of directors at nine.

For

For

Management

2.00

Directors recommend: A vote for election of the following nominees: (1) Dean S. Adler, (2) Terrance R. Ahern, (3) Robert H. Gidel, (4) Victor B. Macfarlane, (5) Craig Macnab, (6) Scott D. Roulston, (7) Barry A. Sholem, (8) William B. Summers, Jr., (9) Scott A. Wolstein.

For

For

Management

3.00

To approve an amendment to the company’s amended and restated articles of incorporation to increase the number of authorized common shares of the company from 200,000,000 to 300,000,000, all as more fully described in the proxy statement.

For

For

Management

4.00

To approve an amendment to the company’s code of regulations to authorize the company to notify shareholders of record of shareholder meetings by electronic or other means of communication authorized by the shareholders.

For

For

Management

5.00

To approve an amendment to the company’s code of regulations to authorize shareholders and other persons entitled to vote at shareholder meetings to appoint proxies by electronic or other verifiable communications.

For

For

Management

6.00

To approve an amendment to the company’s code of regulations to authorize the company to issue shares without physical certificates.

For

For

Management

7.00

To ratify the selection of Pricewaterhousecoopers LLP as the company’s independent accountants for the company’s fiscal year ending December 31, 2007.

For

For

Management

Company

Douglas Emmett, Inc.

Ticker:

DEI

Cusip:

25960P109

Meeting Date:

5/31/2007

Record Date:

4/2/2007

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees: (1) Dan A. Emmett, (2) Jordan L. Kaplan, (3) Kenneth M. Panzer, (4) Leslie E. Bider, (5) Victor J. Coleman, (6) G. Selassie Mehreteab, (7) Thomas E. O’Hern, (8) Dr. Andrea Rich, (9) William Wilson III.

For

For

Management

2.00

Proposal to ratify the selection of Ernst & Young LLP as our independent auditors for the year ending December 31, 2007.

For

For

Management

Company

Duke Realty Corporation

Ticker:

DRE

Cusip:

264411505

Meeting Date:

4/25/2007

Record Date:

2/26/2007

#

Proposal

Management
Recommendation

Vote Cast

Sponsor

1.00

Directors recommend: A vote for election of the following nominees (1) Barrington H. Branch, (2) Geoffrey Button, (3) William Cavanaugh III, (4) Ngaire E. Cuneo, (5) Charles R. Eitel, (6) R. Glenn Hubbard, (7) Martin C. Jischke, (8) L. Ben Lytle, (9) William O. McCoy, (10) Dennis D. Oklak, (11) Jack R. Shaw, (12) Robert J. Woodward, Jr.

For

For