FOR IMMEDIATE RELEASE
Contact: Herman Bulls, President & CEO
+1 (202) 256-1814
herman.bulls@bullscapitalpartners.com

Bulls Capital Partners Finances Three Apartment Complexes in Florida, Ohio, and Louisiana

Vienna, VA May 30, 2006 -- Bulls Capital Partners, LLC, a multifamily financial service provider and Fannie Mae Delegated Underwriting & Servicing (DUS) lender has placed loans on three garden-style apartment complexes in Florida, Ohio, and Louisiana. In separate transactions, Bulls Capital Partners placed $4.8 million in financing for Sky Pines Apartments in Orlando, Florida, $2.8 million for University Woods Apartments in Fairborn, Ohio and $2.45 million for Chateau Royale Apartments in Alexandria, Louisiana.

Bulls Capital Partners Expanding National Footprint

Sky Pines Apartments is a 140-unit garden-style apartment complex situated on an 8.37 acre site in Orlando. Recently acquired by Sky Pines, LLC, the property includes 34 studio units, 96 1BR/1BA units, five 2BR/1BA units, and five 2BR/2BA units. Tony Ferry, Vice-President of SunTrust Bank originated the loan.

University Woods is an 84-unit garden-style property located in Fairborn, a suburb of Dayton. Owned by E & E Partners, LLC, the property was constructed in 1986 and consists of 42 1BR/1BA units and 42 2BR/1BA units in seven three-story buildings located on five acres. The loan was originated by David Metzger of Eastern Union Funding.

The 109-unit Chateau Royale Apartments, owned by Chateau Royale Apartments, LP, is located in Alexandria, approximately 180 miles from New Orleans and approximately half-way between Baton Rouge and Shreveport. Gordon Slade, Vice-President of SunTrust Bank originated the loan.

Herman Bulls, CEO of Bulls Capital Partners said, “These loans further diversify our portfolio geographically and provide strong momentum for the rest of 2006. Our team continues to exceed our customers’ expectations in terms of responsiveness and quality of service. Our success to date is the result of great partners in Fannie Mae and Sun Trust and a very talented team at Bulls Capital Partners”.

”Our infrastructure platform is developing in sync with our business expansion,” said Mark Van Kirk, Bulls Capital Partners COO and Co-Founder. “Our strategy of providing superior client service is paying off as demonstrated by repeat borrowers and the expansion of our geographic footprint”.

About Bulls Capital Partners, LLC

Bulls Capital Partners, LLC is a Fannie Mae approved Delegated Underwriting and Servicing (DUS™) lender that offers a full array of financing solutions to owners of multifamily property. Bulls Capital Partners’ key capabilities under the DUS program include small loan solutions, affordable housing solutions, student housing, market-rate multifamily mortgages, and credit facilities, among other offerings.

Bulls Capital Partners is a joint venture of SunTrust Bank, one of the nation’s largest commercial banking organizations, and Bulls Multifamily, LLC, a minority-controlled firm headed by President & CEO Herman Bulls. Mr. Bulls previously ran a successful DUS lending operation, and currently leads the securitization of tens of thousands of military housing units as President of Public Institutions at Jones Lang LaSalle, a leading global real estate services firm. Co-Founding Bulls Capital Partners, LLC with Mr. Bulls is Mark Van Kirk, Chief Operating Officer. Mr. Van Kirk previously served as Director of Counterparty Risk at Fannie Mae.

DUS is a trademark of Fannie Mae.