Please click on the following links for information on David Lerner Associates, Inc. disclosures regarding Statement of Financial Condition, Business Continuity Plan, and Order Routing Information.

Summary of David Lerner Associates, Inc. Business Continuity Plan

Statement of Financial Condition- 12/31/2009

Statement of Financial Condition- 6/25/2010

Order Routing Information (SEC Rule 606)

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Apple Hospitality II
Apple Hospitality II consists of 64 Marriott Residence Inns and Homewood Suites in the United States. Our clients invested $300 million in the program. Annual yields:
2001 - 10%
2002 - 10%
2003 - 15%
2004 - 9%
2005 - 8%
Distribution was raised to 8.5% retroactive to 6/30/06. Investors received $170.3 million in distributions from inception through 9/29/06. Apple Hospitality II is no longer open to new investors.


Apple Hospitality II
Apple Hospitality II consists of 64 Marriott Residence Inns and Homewood Suites in the United States. Our clients invested $300 million in the program. Annual yields:
2001 - 10%
2002 - 10%
2003 - 15%
2004 - 9%
2005 - 8%
Distribution was raised to 8.5% retroactive to 6/30/06. Investors received $170.3 million in distributions from inception through 9/29/06. Apple Hospitality II is no longer open to new investors.


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