Terra/Shady Oaks, LP E2M Value Added Fund has invested in Terra/Shady Oaks, LP, an entity formed to acquire and develop approximately 95 acres located in Southlake, Texas. The development will consist of 136 single–family lots priced from $600,000. The tract is the last remaining large parcel available for development in Southlake, Texas, one of the premier communities in the Dallas/Fort Worth Metroplex. The City of Southlake is a suburban community located in northeastern Tarrant County about 14 miles north of Fort Worth and 22 miles northwest of the Dallas Central Business District. Southlake’s population growth has doubled each decade from 1960 to 2000 and 1st Quarter 2006 market data for Southlake indicated that there was a substantial undersupply of existing vacant lots. The firm has made this investment to take advantage of the imbalance between supply and demand in Southlake’s residential market arising from the lack of lots available for executive homes.