Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

MIAMI DIVISION


IN RE:	}	CASE NUMBER 09-19940-LMI
	}	(Jointly Administered)
BANKUNITED FINANCIAL⁽¹⁾	}
CORPORATION, ET AL .	}	JUDGE Hon. Laurel M. Isicoff
	}
DEBTOR.	}	CHAPTER 11

DEBTORS’ CONSOLIDATED STANDARD MONTHLY OPERATING REPORT (BUSINESS)

FOR THE PERIOD

FROM August 1, 2011 TO August 31, 2011

Comes now the above-named debtor and files its Monthly Operating Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.


		/s/ Joseph Luzinski, CRO
		Debtor’s Signature

Debtor’s Address		Attorney’s Address
and Phone Number:		and Phone Number:

c/o Development Specialists, Inc.		Greenberg Traurig, P.A.

200 South Biscayne Boulevard, Suite 1818		333 Avenue of the Americas

Miami, FL 33131-2329		Miami, FL 33131

(305) 374-2717		(305) 579-0500

Note: The original Monthly Operating Report is to be filed with the court and a copy simultaneously provided to the United States Trustee Office. Monthly Operating Reports must be filed by the 20th day of the following month.

For assistance in preparing the Monthly Operating Report, refer to the following resources on the United States Trustee Program Website, http://www.usdoj.gov/ust/r21/index.htm.

1)	Instructions for Preparations of Debtor’s Chapter 11 Monthly Operating Report

2)	Initial Filing Requirements

3)	Frequently Asked Questions (FAQs) http://www.usdoj.gov/ust/.

(1) On the Petition Date, the following affiliated entities filed concurrently for Chapter 11:

BankUnited Financial Corporation (Case #09-19940)

BankUnited Financial Services, Inc. (Case #09-19941)

CRE America Corporation (Case #09-19942)

MOR-1 (3)

GENERAL DISCLAIMER

These bankruptcy cases were filed on May 22, 2009, the day after the regulatory seizure of Debtor BankUnited Financial Corporation’s wholly-owned banking subsidiary, BankUnited, FSB, and the ensuing sale of that subsidiary’s assets by the Federal Deposit Insurance Corporation to BankUnited, a de novo federal savings association organized under the laws of the United States (“New Bank”). The Debtors’ current Chief Restructuring Officer, Joseph J. Luzinski (the “CRO”) was appointed effective June 2, 2009, eleven days after these cases were filed. Nearly all of the books and records of the Debtors are presently in the possession of the FDIC or New Bank. Accordingly, the information contained herein is based on the information currently available to the CRO and is subject to modification as additional information becomes available.

Nothing herein shall be construed as an admission or determination by the Debtors as to any amount or value set forth herein, the validity of any debt listed herein, ownership of any asset listed herein, the completeness of any financial statement set forth herein, or otherwise as to the accuracy or completeness of any information contained herein. The Debtors expressly reserve the right to modify any and all information contained herein as additional information becomes available.

Disclaimer (3)

SCHEDULE OF RECEIPTS AND DISBURSEMENTS

FOR THE PERIOD BEGINNING August 1, 2011 AND ENDING August 31, 2011


			CURRENT MONTH			CUMULATIVE PETITION TO DATE
1.	FUNDS AT BEGINNING OF PERIOD		$	10,598,317	(a)	$	—	(b)

2.	RECEIPTS:
	A. Cash Sales		$	—		$	—

	Minus: Cash Refunds	(-)	$	—		$	—

	Net Cash Sales		$	—		$	—

	B. Accounts Receivable		$	—		$	—

	C. Other Receipts (See MOR-3)		$	20,271		$	19,656,402

	(If you receive rental income, you must attach a rent roll.)

3.	TOTAL RECEIPTS (Lines 2A+2B+2C)		$	20,271		$	19,656,402

4.	TOTAL FUNDS AVAILABLE FOR OPERATIONS *(Line 1 + Line 3)*		$	10,618,589		$	19,656,402


5.	DISBURSEMENTS
	A. Advertising		$	—		$	141,170

	B. Bank Charges		$	101		$	2,884

	C. Contract Labor		$	—		$	—

	D. Fixed Asset Payments (not incl. in “N”)		$	—		$	—	⁽¹⁾

	E. Insurance		$	—		$	—

	F. Inventory Payments (See Attach. 2)		$	—		$	—

	G. Leases		$	—		$	—

	H. Manufacturing Supplies		$	—		$	—

	I. Office Supplies		$	—		$	1,043

	J. Payroll - Net (See Attachment 4B)		$	—		$	—

	K. Professional Fees (Accounting & Legal)		$	394,838		$	9,046,113

	L. Rent		$	—		$	—

	M. Repairs & Maintenance		$	—		$	—

	N. Secured Creditor Payments (See Attach. 2)		$	—		$	—

	O. Taxes Paid - Payroll (See Attachment 4C)		$	—		$	—

	P. Taxes Paid - Sales & Use (See Attachment 4C)		$	—		$	—

	Q. Taxes Paid - Other (See Attachment 4C)		$	—		$	1,147

	R. Telephone		$	—		$	—

	S. Travel & Entertainment		$	—		$	562

	T. U.S. Trustee Quarterly Fees		$	—		$	56,550

	U. Utilities		$	—		$	—

	V. Vehicle Expenses		$	—		$	—

	W. Other Operating Expenses (See MOR-3)		$	—		$	183,284

6.	TOTAL DISBURSEMENTS (Sum of 5A thru W)		$	394,939		$	9,432,752

7.	ENDING BALANCE (Line 4 Minus Line 6)		$	10,223,650	(c)	$	10,223,650	(c)

I declare under penalty of perjury that this statement and the accompanying documents and reports are true and correct to the best of my knowledge and belief, subject to the General Disclaimer and footnotes to this Report.


This 12 day of September, 2011.		/s/ Joseph Luzinski, CRO
		(Signature)

(a)	This number is carried forward from last month’s report. For the first report only, this number will be the balance as of the petition date.

(b)	This figure will not change from month to month. It is always the amount of funds on hand as of the date of the petition.

(c)	These two amounts will always be the same if form is completed correctly.

(1)	Debtor has reclassified the work performed by

Epic Bankruptcy Solutions from Contract Labor to

Other Operating Expenses.

MOR-2 (3)

MONTHLY SCHEDULE OF RECEIPTS AND DISBURSEMENTS (cont’d)

Detail of Other Receipts and Other Disbursements

OTHER RECEIPTS:

Describe Each Item of Other Receipt and List Amount of Receipt. Write totals on Page MOR-2, Line 2C.


Description	Current Month		Cumulative Petition to Date
BUFC - Close Pre-Petition Bank Accounts	$	—	$	16,061,971

BUFC - Interest Income	$	453	$	17,316

BUFC - Retainer Recoveries	$	—	$	407,141

BUFC - Transfer of Brokerage Accounts from “Old Bank”	$	—	$	57,039

BUFC - Preference Recoveries	$	—	$	431,970

BUFC - Insurance Premium Refunds	$	—	$	194,354

BUFC - Proceeds from Deffered Compensation Plan	$	—	$	56,722

BUFC - Funds from Partnerships	$	19,650	$	19,650

BUFS - Close Pre-Petition Bank Accounts	$	—	$	2,033,234

BUFS - Interest Income	$	154	$	3,351

BUFS - Return of Suntrust Funds	$	—	$	98,238

BUFS - Commissions Revenue	$	—	$	1,186

BUFS - Refunds	$	—	$	413

BUFS - Settlement Income	$	—	$	3,086

BU Realty - Close “Old Bank” Bank Accounts	$	—	$	30,550

BU Realty - Interest Income	$	2	$	45

CRE - Close Pre-Petition Bank Accounts	$	—	$	239,791

CRE - Interest Income	$	13	$	344

TOTAL OTHER RECEIPTS	$	20,271	$	19,656,402

“Other Receipts” includes Loans from Insiders and other sources (i.e. Officer/Owner, related parties directors, related corporations, etc.). Please describe below:

OTHER DISBURSEMENTS:

Describe Each Item of Other Disbursement and List Amount of Disbursement. Write totals on Page MOR-2, Line 5W.


Description	Current Month		Cumulative Petition to Date

Corporate Filing Fees	$	—	$	1,050

Employee Expense Reimbursement	$	—	$	2,088

Financial Subscriptions	$	—	$	12,700

CRE - St. Regis Timeshare Annual Maintenance Fees	$	—	$	20,966

EDGAR Filing Fees	$	—	$	27,311

Stock Transfer Agent	$	—	$	46,262

IRS (non-tax payment)	$	—	$	14,000

Claims	$	—	$	12,816

Custodial Fees	$	—	$	879

Other expenses	$	—	$	16,096

Investment Bank expenses	$	—	$	10,000

Noticing Agent / Creditor Committee Support	$	—	$	19,115	⁽¹⁾

TOTAL OTHER DISBURSEMENTS	$	—	$	183,284

NOTE: Attach a current Balance Sheet and Income (Profit & Loss) Statement.

(1)	Debtor has reclassified the work performed by

Epic	Bankruptcy Solutions from Contract Labor to

Other Operating Expenses.

MOR-3

BankUnited Financial Corporation, et al.,DIP

Consolidated Income Statement

For the Period Ended

August 31, 2011


Cash Basis	BankUnited Financial Corp., DIP			BankUnited Financial Svc., DIP		BU Realty Corp.		CRE America, Corp., DIP		TOTAL BUFC, et al., DIP
Ordinary Income/Expense
Income
Commissions Revenue		0			0		0		0		0
Insurance Premium Refunds		0			0		0		0		0
Preference Recoveries		0			0		0		0		0
Retainer Recoveries		0			0		0		0		0
Transfer from Old Bank		0			0		0		0		0

Total Income		0			0		0		0		0
Expense
Administrative		0			0		0		0		0
Advertising		0			0		0		0		0
Bank Charges		101			0		0		0		101
Board Compensation		21,000			0		0		0		21,000
Contract Labor		0			0		0		0		0
Insurance		0			0		0		0		0
Other Operating Expenses		0			0		0		0		0
Professional Fees
CRO Fees		20,000			0		0		0		20,000
Financial Advisor Fees
Fin. Advisor Fees - Committee		10,056			0		0		0		10,056
Fin. Advisor Fees - Debtor		33,917			0		0		0		33,917

Financial Advisor Fees		43,973			0		0		0		43,973
Financial Advisor Reimb Expense
Fin. Adv. Reimb Exp - Committee		0			0		0		0		0
Fin. Adv. Reimb Exp - Debtor		592			0		0		0		592

Financial Advisor Reimb Expense		592			0		0		0		592
Legal Fees
Legal Fees - Committee		170,305			0		0		0		170,305
Legal Fees - Debtor		125,695			0		0		0		125,695
Legal Fees - Other		0			0		0		0		0

Legal Fees		296,000			0		0		0		296,000
Legal Reimb Expenses
Legal Reimb Exp - Committee		8,386			0		0		0		8,386
Legal Reimb Exp - Debtor		4,887			0		0		0		4,887
Legal Reimb Exp - Other		0			0		0		0		0

Legal Reimb Expense		13,273			0		0		0		13,273

Total Professional Fees		373,838			0		0		0		373,838
Taxes		0			0		0		0		0
U.S. Trustee Quarterly Fees		0			0		0		0		0

Total Expense		394,939			0		0		0		394,939

Net Ordinary Income		(394,939	)		0		0		0		(394,939	)

Other Income/Expense
Other Income
Other Receipts
Miscellaneous Receipts		0			0		0		0		0
Interest Income		453			154		2		13		622

Total Other Receipts		453			154		2		13		622

Total Other Income		453			154		2		13		622

Net Other Income		453			154		2		13		622

Net Incr./(Decr.) in Cash During Period		(394,486	)		154		2		13		(394,317	)

Page 5 of 15

BankUnited Financial Corporation, et al.,DIP

Consolidated Income Statement

Inception to Date

(August 31, 2011)


Cash Basis	BankUnited Financial Corp., DIP		BankUnited Financial Svc., DIP		BU Realty Corp.		CRE America, Corp., DIP		TOTAL BUFC, et al., DIP
Ordinary Income/Expense
Income
Commissions Revenue		0		1,186		0		0		1,186
Insurance Premium Refunds		194,354		0		0		0		194,354
Other Receipts (See MOR-3)		0		98,238		0		0		98,238
Preference Recoveries		431,970		0		0		0		431,970
Retainer Recoveries		407,141		0		0		0		407,141
Transfer from Old Bank		11,391,219		2,033,234		30,550		239,791		13,694,794

Total Income		12,424,685		2,132,659		30,550		239,791.20		14,827,685
Expense
Administrative		106,347		0		0		0		106,347
Advertising		141,170		0		0		0		141,170
Bank Charges		2,789		0		0		0		2,789
Board Compensation		201,000		0		0		0		201,000
Contract Labor		0		796		0		0		796
Insurance		0		0		0		0		0
Office Supplies		1,043		0		0		0		1,043
Other Operating Expenses		54,370		300		300		21,266		76,236
Professional Fees
CRO Fees		570,000		0		0		0		570,000
Financial Advisor Fees		1,218,444		0		0		0		1,218,444
Financial Advisor Reimb Expense		26,387		0		0		0		26,387
Legal Fees		6,816,280		0		0		0		6,816,280
Legal Reimb Expense		214,002		0		0		0		214,002

Total Professional Fees		8,845,113		0		0		0		8,845,113
Travel & Entertainment		0		0		0		0		0
Taxes		0		0		0		0		0
U.S. Trustee Quarterly Fees		50,375		2,925		0		3,250		56,550

Total Expense		9,402,206		4,021		300		24,516		9,431,044

Net Ordinary Income		3,022,479		2,128,637		30,250		215,275		5,396,641
Other Income/Expense
Other Income
Other Receipts
Miscellaneous Receipts		56,772		3,449		0		0		60,220
Interest Income		17,317		3,351		45		344		21,057

Total Other Receipts		74,088		6,800		45		344		81,277

Total Other Income		74,088		6,800		45		344		81,277

Net Other Income		74,088		6,800		45		344		81,277

Net Income		3,096,567		2,135,437		30,295		215,619		5,477,918

Page 6 of 15

BankUnited Financial Corporation, et al.,DIP

Consolidated Balance Sheet

As of August 31, 2011


	BankUnited Financial Corp., DIP					BankUnited Financial Svc., DIP
ASSETS⁽¹⁾
Current Assets
Checking/Savings
Pre-Petition Bank Accounts		—	⁽²⁾				—	⁽²⁾
Post-Petition Bank Accounts		7,791,761					2,135,437
Brokerage Accounts		—					—
FHLB Overnight Deposit		51,636					—

Total Checking/Savings				7,843,397					2,135,437
Accounts Receivable				16,163					—	⁽³⁾
Other Current Assets
Deposits		—					—
Income Tax Receivable		1,008,753					197,196
Other Receivables		—					107,783	⁽³⁾
Prepaid Assets		—					—
Related Party Loans Receivable		14,504,588	⁽⁴⁾				—

Total Other Current Assets				15,513,341					304,979

Total Current Assets				23,372,901					2,440,416

Fixed Assets
Accumulated Depreciation		—					—
Furniture and Equipment		—					—

Total Fixed Assets				—					—
Other Assets
Deferred Offering Cost		—					—
Deferred Tax Asset		29,567					—
Investment in BKUN Stat Trust		7,121,000					—
Investment in Partnerships		1,283,263	⁽⁵⁾				—
Investment in Subsidiaries		—					—
Painting & Other Art Works		36,111					—
Timeshare		—					—
Trademarks		—					—

Total Other Assets				8,469,941					—

TOTAL ASSETS⁽¹⁾				31,842,842					2,440,416

Liabilities & Equity⁽¹⁾
Liabilities
Pre-Petition Liabilities
Accrued Expenses		652,578					—
Accrued Interest Payable		11,127,142					—
Convertible Notes - BUFC - 3.125%		120,000,000					—
Deferred Taxes		5,232,489					—
Forward Purchase Contract		2,652,223					—
Related Party Loans Payable		—					3,401,671	⁽⁴⁾
Sub Sr Note - BUFC - 6.37% 4/07		184,000,000					—
Subdebt@3MTH - BUFC - L+3% 09/07		12,500,000					—
Subnotes - BUFC		237,261,000					—

Total Pre-Petition Liabilities				573,425,431					3,401,671

Total Liabilities				573,425,431					3,401,671

Equity
Retained Earnings - Pre-Petition		(544,835,839	)				(3,096,692	)
Retained Earnings - Post Petition		3,096,567					2,135,437
Unrealized Gain/(Loss) on		156,682					—
Investment in Partnerships
Total Equity				(541,582,589	)				(961,255	)

TOTAL LIABILITIES & EQUITY⁽¹⁾				31,842,842					2,440,416

The accompanying Notes to the Financial Statements constitute a material component of, and qualify in its entirety, the balance sheet listed above.

Page 7 of 15

BankUnited Financial Corporation, et al.,DIP

Consolidated Balance Sheet

As of August 31, 2011


	BU Realty Corp.				CRE America Corp., DIP				TOTAL BUFC, et al., DIP
ASSETS⁽¹⁾
Current Assets
Checking/Savings
Pre-Petition Bank Accounts		—	⁽²⁾			—	⁽²⁾			—
Post-Petition Bank Accounts		29,198				215,619				10,172,015
Brokerage Accounts		—				—				—
FHLB Overnight Deposit		—				—				51,636

Total Checking/Savings				29,198				215,619		10,223,651
Accounts Receivable				—				—		16,163
Other Current Assets
Deposits		—				—				—
Income Tax Receivable		—				613				1,206,562
Other Receivables		—				—				107,783
Prepaid Assets		—				—				—
Related Party Loans Receivable		1,097				7,460	⁽⁴⁾			14,513,145

Total Other Current Assets				1,097				8,073		15,827,490

Total Current Assets				30,295				223,692		26,067,305

Fixed Assets
Accumulated Depreciation		—				—				—
Furniture and Equipment		—				—				—

Total Fixed Assets				—				—		—
Other Assets
Deferred Offering Cost		—				—				—
Deferred Tax Asset		—				—				29,567
Investment in BKUN Stat Trust		—				—				7,121,000
Investment in Partnerships		—				—				1,283,263
Investment in Subsidiaries		—				—				—
Painting & Other Art Works		—				—				36,111
Timeshare		—				578,449				578,449

Trademarks		—				—				—

Total Other Assets				—				578,449		9,048,390

TOTAL ASSETS⁽¹⁾				30,295				802,141		35,115,694

Liabilities & Equity⁽¹⁾
Liabilities
Pre-Petition Liabilities
Accrued Expenses		—				—				652,578
Accrued Interest Payable		—				—				11,127,142
Convertible Notes - BUFC - 3.125%		—				—				120,000,000
Deferred Taxes		—				—				5,232,489
Forward Purchase Contract		—				—				2,652,223
Related Party Loans Payable		—				—				3,401,671
Sub Sr Note - BUFC - 6.37% 4/07		—				—				184,000,000
Subdebt@3MTH - BUFC - L+3% 09/07		—				—				12,500,000
Subnotes - BUFC		—				—				237,261,000

Total Pre-Petition Liabilities				—				—		576,827,103

Total Liabilities				—				—		576,827,103

Equity
Retained Earnings - Pre-Petition		—				586,522				(547,346,009	)
Retained Earnings - Post Petition		30,295				215,619				5,477,918
Unrealized Gain/(Loss) on		—				—				156,682
Investment in Partnerships
Total Equity				30,295				802,141		(541,711,408	)

TOTAL LIABILITIES & EQUITY⁽¹⁾				30,295				802,141		35,115,694

The accompanying Notes to the Financial Statements constitute a material component of, and qualify in its entirety, the balance sheet listed above.

Page 8 of 15

BankUnited Financial Corporation, et al., DIP

Notes to the Financial Statements

For the Period Ended

August 31, 2011

Notes to the Financial Statements:

(1)

All cash accounts are listed at their current cash balances. All other balances reported were obtained from Debtors’ trial balances prepared as of May 21, 2009. Actual existence, ownership, and value have not been confirmed as of the Reporting Date. This balance sheet is subject to change should any variations in asset and liability values be discovered subesquent to the filing of this Report.

(2)	All pre-petition bank accounts were closed in June 2009 when the balance of funds were transferred to the respective BankUnited Financial Corp., et al., DIP accounts.

(3)

LPL Financial Corporation (LPL) entered into an agreement with BankUnited Financial Corporation (BUFC) and BankUnited Financial Services (BUFS) to sell, in non-debtor subsidiary BankUnited, FSB bank branches using the BUFS name, financial planning products and advisory services, including equities, debt securities, open-end/closed-end mutual funds, and public limited partnerships. Commissions for the sale of these products are due semi-monthly. It has not been confirmed whether any commissions are currently outstanding and, if so, whether the amounts have been incorporated into the Debtor’s trial balance for the purposes of these financial statements.

(4)

Intercompany accounts included in the Debtors’ trial balances. In addition to outstanding balances with BUFS and CRE America Corp. (CRE), BUFC listed intercompany loans to BankUnited, FSB ($11,114,391) and BU Realty Corporation ($4,625), both of which are not included in the filing of this jointly-administered case.

(5)	Market value of investments in Malta Hedge Fund II, LP and SOAM Capital Partners, LP per the latest month-end or quarter-end statements provided.

Page 9 of 15

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

MIAMI DIVISION


IN RE:	}	CASE NUMBER 09-19941-LMI
	}
BANKUNITED FINANCIAL	}
SERVICES, INC.	}	JUDGE Hon. Laurel M. Isicoff
	}
DEBTOR.	}	CHAPTER 11

DEBTORS’ CONSOLIDATED STANDARD MONTHLY OPERATING REPORT (BUSINESS)

FOR THE PERIOD

FROM August 1, 2011 TO August 31, 2011

Comes now the above-named debtor and files its Monthly Operating Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.


				/s/ Joseph Luzinski, CRO
				Debtor’s Signature

Debtor’s Address				Attorney’s Address
and Phone Number:				and Phone Number:

c/o Development Specialists, Inc.				Greenberg Traurig, P.A.

200 South Biscayne Boulevard, Suite 1818				333 Avenue of the Americas

Miami, FL 33131-2329				Miami, FL 33131

(305) 374-2717				(305) 579-0500

For assistance in preparing the Monthly Operating Report, refer to the following resources on the United States Trustee Program Website, http://www.usdoj.gov/ust/r21/index.htm.

1)	Instructions for Preparations of Debtor’s Chapter 11 Monthly Operating Report

2)	Initial Filing Requirements

3)	Frequently Asked Questions (FAQs) http://www.usdoj.gov/ust/.

MOR-1 (2)

GENERAL DISCLAIMER

This bankruptcy case was filed on May 22, 2009, the day after the regulatory seizure of Debtor BankUnited Financial Corporation’s wholly-owned banking subsidiary, BankUnited, FSB, and the ensuing sale of that subsidiary’s assets by the Federal Deposit Insurance Corporation to BankUnited, a de novo federal savings association organized under the laws of the United States (“New Bank”). The Debtors’ current Chief Restructuring Officer, Joseph J. Luzinski (the “CRO”) was appointed effective June 2, 2009, eleven days after these cases were filed. Nearly all of the books and records of the Debtors are presently in the possession of the FDIC or New Bank. Accordingly, the information contained herein is based on the information currently available to the CRO and is subject to modification as additional information becomes available.

Nothing herein shall be construed as an admission or determination by the Debtor as to any amount or value set forth herein, the validity of any debt listed herein, ownership of any asset listed herein, the completeness of any financial statement set forth herein, or otherwise as to the accuracy or completeness of any information contained herein. The Debtor expressly reserve the right to modify any and all information contained herein as additional information becomes available.

SCHEDULE OF RECEIPTS AND DISBURSEMENTS

FOR THE PERIOD BEGINNING August 1, 2011 AND ENDING August 31, 2011


Name of Debtor:	BANKUNITED FINANCIAL SERVICES, INC.	Case Number 09-19941-LMI
Date of Petition:	May 22, 2009


			CURRENT MONTH			CUMULATIVE PETITION TO DATE
1.	FUNDS AT BEGINNING OF PERIOD		$	2,135,283	(a)	$	—	(b)

2.	RECEIPTS:
	A. Cash Sales		$	—		$	—

	Minus: Cash Refunds	(-)	$	—		$	—

	Net Cash Sales		$	—		$	—

	B. Accounts Receivable		$	—		$	—

	C. Other Receipts (See MOR-3)		$	154		$	2,139,458

	(If you receive rental income, you must attach a rent roll.)
3.	TOTAL RECEIPTS *(Lines 2A+2B+2C)*		$	154		$	2,139,458



4.	TOTAL FUNDS AVAILABLE FOR OPERATIONS *(Line 1 + Line 3)*		$	2,135,437		$	2,139,458


5.	DISBURSEMENTS
	A. Advertising		$	—		$	—

	B. Bank Charges		$	—		$	—

	C. Contract Labor		$	—		$	796

	D. Fixed Asset Payments (not incl. in “N”)		$	—		$	—

	E. Insurance		$	—		$	—

	F. Inventory Payments (See Attach. 2)		$	—		$	—

	G. Leases		$	—		$	—

	H. Manufacturing Supplies		$	—		$	—

	I. Office Supplies		$	—		$	—

	J. Payroll - Net (See Attachment 4B)		$	—		$	—

	K. Professional Fees (Accounting & Legal)		$	—		$	—

	L. Rent		$	—		$	—

	M. Repairs & Maintenance		$	—		$	—

	N. Secured Creditor Payments (See Attach. 2)		$	—		$	—

	O. Taxes Paid - Payroll (See Attachment 4C)		$	—		$	—

	P. Taxes Paid - Sales & Use (See Attachment 4C)		$	—		$	—

	Q. Taxes Paid - Other (See Attachment 4C)		$	—		$	—

	R. Telephone		$	—		$	—

	S. Travel & Entertainment		$	—		$	—

	T. U.S. Trustee Quarterly Fees		$	—		$	2,925

	U. Utilities		$	—		$	—

	V. Vehicle Expenses		$	—		$	—

	W. Other Operating Expenses (See MOR-3)		$	—		$	300

6.	TOTAL DISBURSEMENTS *(Sum of 5A thru W)*		$	—		$	4,021


7.	ENDING BALANCE *(Line 4 Minus Line 6)*		$	2,135,437	(c)	$	2,135,437	(c)


This 12 day of September, 2011.		/s/ Joseph Luzinski, CRO
		(Signature)

(a)	This number is carried forward from last month’s report. For the first report only, this number will be the balance as of the petition date.

(b)	This figure will not change from month to month. It is always the amount of funds on hand as of the date of the petition.

(c)	These two amounts will always be the same if form is completed correctly.

MOR-2 (2)

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

MIAMI DIVISION


IN RE:	}	CASE NUMBER 09-19942-LMI
	}
CRE AMERICA	}
CORPORATION	}	JUDGE Hon. Laurel M. Isicoff
	}
DEBTOR.	}	CHAPTER 11

DEBTORS’ CONSOLIDATED STANDARD MONTHLY OPERATING REPORT (BUSINESS)

FOR THE PERIOD

FROM August 1, 2011 TO August 31, 2011

Comes now the above-named debtor and files its Monthly Operating Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.


				/s/ Joseph Luzinski, CRO
				Debtor’s Signature

Debtor’s Address				Attorney’s Address
and Phone Number:				and Phone Number:

c/o Development Specialists, Inc.				Greenberg Traurig, P.A.

200 South Biscayne Boulevard, Suite 1818				333 Avenue of the Americas

Miami, FL 33131-2329				Miami, FL 33131

(305) 374-2717				(305) 579-0500

For assistance in preparing the Monthly Operating Report, refer to the following resources on the United States Trustee Program Website, http://www.usdoj.gov/ust/r21/index.htm.

1)	Instructions for Preparations of Debtor’s Chapter 11 Monthly Operating Report

2)	Initial Filing Requirements

3)	Frequently Asked Questions (FAQs) http://www.usdoj.gov/ust/.

MOR-1

GENERAL DISCLAIMER

SCHEDULE OF RECEIPTS AND DISBURSEMENTS

FOR THE PERIOD BEGINNING August 1, 2011 AND ENDING August 31, 2011


Name of Debtor:	CRE AMERICA CORPORATION	Case Number 09-19942-LMI
Date of Petition:	May 22, 2009


			CURRENT MONTH			CUMULATIVE PETITION TO DATE
1.	FUNDS AT BEGINNING OF PERIOD			$215,607	(a)	$	—	(b)

2.	RECEIPTS:
	A. Cash Sales		$	—		$	—

	Minus: Cash Refunds	(-)	$	—		$	—

	Net Cash Sales		$	—		$	—

	B. Accounts Receivable		$	—		$	—

	C. Other Receipts (See MOR-3)		$	13		$	240,136

	(If you receive rental income, you must attach a rent roll.)
3.	TOTAL RECEIPTS *(Lines 2A+2B+2C)*		$	13		$	240,136


4.	TOTAL FUNDS AVAILABLE FOR OPERATIONS *(Line 1 + Line 3)*		$	215,620		$	240,136


5	DISBURSEMENTS
	A. Advertising		$	—		$	—

	B. Bank Charges		$	—		$	—

	C. Contract Labor		$	—		$	—

	D. Fixed Asset Payments (not incl. in “N”)		$	—		$	—

	E. Insurance		$	—		$	—

	F. Inventory Payments (See Attach. 2)		$	—		$	—

	G. Leases		$	—		$	—

	H. Manufacturing Supplies		$	—		$	—

	I. Office Supplies		$	—		$	—

	J. Payroll - Net (See Attachment 4B)		$	—		$	—

	K. Professional Fees (Accounting & Legal)		$	—		$	—

	L. Rent		$	—		$	—

	M. Repairs & Maintenance		$	—		$	—

	N. Secured Creditor Payments (See Attach. 2)		$	—		$	—

	O. Taxes Paid - Payroll (See Attachment 4C)		$	—		$	—

	P. Taxes Paid - Sales & Use (See Attachment 4C)		$	—		$	—

	Q. Taxes Paid - Other (See Attachment 4C)		$	—		$	—

	R. Telephone		$	—		$	—

	S. Travel & Entertainment		$	—		$	—

	T. U.S. Trustee Quarterly Fees		$	—		$	3,250

	U. Utilities		$	—		$	—

	V. Vehicle Expenses		$	—		$	—

	W. Other Operating Expenses (See MOR-3)		$	—		$	21,266

6.	TOTAL DISBURSEMENTS *(Sum of 5A thru W)*		$	—		$	24,516

7.	ENDING BALANCE *(Line 4 Minus Line 6)*		$	215,620	(c)	$	215,620	(c)


This 12 day of September, 2011.		/s/ Joseph Luzinski, CRO
		(Signature)

(a)	This number is carried forward from last month’s report. For the first report only, this number will be the balance as of the petition date.

(b)	This figure will not change from month to month. It is always the amount of funds on hand as of the date of the petition.

(c)	These two amounts will always be the same if form is completed correctly.

MOR-2

BANKUNITED FINANCIAL

Name of Debtor:

CORPORATION, ET AL.

Case Number

09-19940-LMI

Date of Petition:

May 22, 2009

(Jointly Administered)

BANKUNITED FINANCIAL CORP 8-K