ROK Builders Simultaneously Renovates Nine Fairfield Inns by Marriott

Project was strategically implemented so hotels could remain open during renovations.

Wilton, NH March 2, 2009…ROK Builders, an established hotel construction management company specializing in new hotel design, construction and renovations, announces its successful refurbishment of nine Fairfield Inns by Marriott. The hotels are owned by subsidiaries of OZRE FFI Holdings LLC, which is controlled by Och-Ziff Real Estate Advisors LP, an affiliate of Och-Ziff Capital Management Group LLC (“Och-Ziff”).

ROK Builders takes great care to renovate hotels in a manner that enables them to remain operational and ensures guests' safety and comfort at all times. In order to expedite the schedule and reduce room revenue displacement, ROK Builders worked on the renovation for the nine Fairfield Inns by Marriott in three phases, completing three hotels in each phase. The schedule for each hotel involved renovating each guest floor and returning the guestrooms to service in less than two weeks.

“ROK Builders is committed to ensuring that our projects are delivered on time and within budget without ever compromising on quality,” says Fred Roedel III, President of ROK Builders.

The scope of the work on the nine Fairfield Inns by Marriott entailed the renovation of 1,007 guest rooms and bathrooms, corridors, public areas, and exteriors. The hotels are located in New Hampshire, Massachusetts, Vermont, New York, and Connecticut.

Since 2004, ROK Builders has successfully designed, built or renovated 40 hotels throughout the Eastern United States. The firm’s national hotel brand experience, in addition to Fairfield Inns by Marriott, includes the successful renovation and construction of multiple La Quinta Inn & Suites, Hilton Garden Inn, Hampton Inn & Suites and Holiday Inn Express properties.

About Och-Ziff Real Estate Advisors LP
Och-Ziff Real Estate Advisors LP is an affiliate of Och-Ziff Capital Management Group LLC (“Och-Ziff”). Och-Ziff is a leading, global institutional alternative asset management firm and is one of the largest alternative asset managers in the world, with approximately $22.3 billion of assets under management for over 700 fund investors as of February 1, 2009. For more information, please visit www.ozcap.com.

About ROK Builders:
ROK Builders is an established hotel construction management company specializing in new hotel design, construction and renovations. It has earned a reputation for completing projects on time and within budget that meet established quality standards. ROK Builders team’s over 30 years of experience in the hotel business enables it to deliver new hotels and complete renovations that maximize revenue, control costs, and deliver optimal free cash flow to owners and investors. ROK Builders’ national hotel brand experience includes the successful renovation or construction of Fairfield Inns by Marriott, La Quinta Inn & Suites, Hilton Garden Inn, Hampton Inn & Suites and Holiday Inn Express properties. To learn more about ROK Builders visit www.rokbuildersllc.com or contact Fred B. Roedel, III at 603-654-2040, ext. 105 or FredRoedel@roedelcompanies.com. ROK Builders is a wholly-owned subsidiary of Roedel Companies, LLC (www.roedelcompanies.com).

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