Pursuant to the Amendment, the purchase price for the TOTB
Property has been reduced from $82 million to $75.5 million.
In March 2016, the Company entered into an agreement to sell all of the TOTB
Miami property for $82,000,000 subject to certain potential adjustments.
(NYSE MKT: ORM) (the "Company") today announced that, on March 16, 2016, the Company entered into an agreement to sell the property (the "TOTB
Property") commonly known as the "Treasures on the Bay" for $82.0 million subject to certain potential adjustments.