Cooper Realty Investments, Inc. (CRI), is a wholly owned subsidiary of Cooper Communities Inc., a nationally known builder of planned retirement/recreational communities which was founded in 1954 by John A. Cooper. Cooper Communities, Inc. is one of the oldest and most respected community builders in the business and has developed five active communities in four states. Bella Vista Village with approximately 31,000 acres and Hot Springs Village with approximately 26,000 acres are each located in the state of Arkansas. Tellico Village with approximately 5,000 acres is located in Tennessee, near Knoxville, Savannah Lakes Village with approximately 4,000 acres is located in South Carolina, and StoneBridge Village with approximately 3,200 acres is located in Missouri, near Branson.