EXHIBIT C
                                                                       ---------


                             JOINT FILING AGREEMENT

         Each of the undersigned acknowledges and agrees that the foregoing
statement on Schedule 13D is filed on behalf of the undersigned and that all
subsequent amendments to this statement on Schedule 13D shall be filed on behalf
of the undersigned without the necessity of filing additional joint acquisition
statements. Each of the undersigned acknowledges that it shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the other,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.

Dated as of December 5, 2002

                              OAKTREE CAPITAL MANAGEMENT, LLC

                              By:  /s/ Marc Porosoff
                              --------------------------------------------------
                              Name:      Marc Porosoff
                              Title:     Senior Vice President, Legal


                              OCM REAL ESTATE OPPORTUNITIES FUND II, L.P.

                              By:    Oaktree Capital Management, LLC,
                                     its general partner

                              By: /s/ Marc Porosoff
                              --------------------------------------------------
                              Name:      Marc Porosoff
                              Title:     Senior Vice President, Legal



                               Page 15 of 15 Pages