M. Richard Sapir, PA Real Estate Attorney & Title Services 712 U.S. Highway One, Suite 400 North Palm Beach, Florida 33408 Telephone: (561) 844-3600 Fax: (561) 881-9950 E-mail: mrs@fcohenlaw.com of counsel to Cohen, Norris, Scherer, Weinberger & Wolmer

Born in Mineola, New York, admitted to the Florida Bar, 1978, U. S. District Court, Southern District of Florida. Education: University of Pennsylvania (B.A., 1975); University of Miami School of Law (J.D., 1978).

Mr. Sapir has been awarded the highest rating (AV) from Martindale-Hubbell. Since commencing practice in 1978, he has never been sued by a client, threatened with a malpractice action, or been the subject of any complaints or disciplinary measures before the Florida Bar. Areas of practice include financing and real property law, land use, zoning, corporate and business law. He has had extensive involvement with complex real property and business issues and has provided expertise in zoning and land use matters for major institutional clients, local business owners and individuals.

During his more than 20 years of practice in Florida, Mr. Sapir has represented a diverse array of clients with real estate and business interests. His experience includes acting as attorney and title insurance provider in purchase and sale transactions. Recently, he closed and underwrote title on the refinance of a resort in the Florida Keys in an amount over 40 million dollars and acted as local lender's counsel to a foreign lender refinancing a Dade County resort in the amount of approximately $150 million. He has also represented nationally known insurance and financial service providers in acquisitions including an 18 million dollar residential rental apartment complex.

On behalf of clients, he has bought and sold several shopping centers in transactions ranging to 20 million dollars. He has also provided assistance, on a long term basis, to some of south Florida's most prolific residential and commercial developers in their acquisition and development of property. In these transactions, Mr. Sapir provides services which include the drafting of purchase contracts, assistance throughout the zoning approval process, including appearances at public hearings, registrations with administrative agencies regulating the sale and development of property, and coordination of closings to purchasers. He has extensive experience in representing brokerage interests, as well as in drafting and negotiating leases for major institutional property owners and tenants. The land use approvals Mr. Sapir has obtained for clients include those relating to a major South Florida theme park. He was also instrumental in obtaining the first municipally approved traffic calming plan for an historic community within the city of West Palm Beach.

In addition, to transactional real estate and land use, Mr. Sapir has had significant experience in the area of condominium and home owner association representation, having represented associations where average residences range from 2 to 5 million dollars and multi-condominium associations, having control of more than 1000 units. Prior to forming his own professional association, Mr. Sapir headed the real estate department of Kaye, Scholer, LLP's West Palm Beach office.

Mr. Sapir is also active in various professional and civic organizations, including American Bar Association, Palm Beach County Bar Association, Florida Bar, Florida Bar's Governmental Regulations of Land Use Committee, Palm Beach Planning Congress, Chairman, Palm Beach County Impact Fee Appeals Board, Palm Beach County Code Enforcement Board (1998-1999), Palm Beach County Citizens' Task Force (1990-1996), Palm Beach County Affordable Housing Committee (1987-1989), West Palm Beach Zoning Board of Appeal (1986-1989), Chairman, Palm Beach County Zoning Board of Adjustment (1980-1987), Legal Intern for U.S. Attorney, Southern District of Florida (1977-1978). He is currently Master of Foxhounds and Director of the Palm Beach Hounds, an equestrian group which supports conservation and environmental preservation. He is also a member of the North County Humane Society and on the Board of Directors of the Friends of Corbett.