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

Bulls Capital Partners Finances Four-Property Portfolio in Columbus, GA in Anticipation of Rising Apartment Demand

Vienna, Virginia- November 4, 2005 – Bulls Capital Partners, LLC, a multifamily financial service provider and Fannie Mae Delegated Underwriting and Servicing (DUS™) lender, announced it has secured financing in the amount of $3.6 million for a 164-unit, four-property portfolio in Columbus, Georgia.

The portfolio includes 21-unit Forest Court Apartments, 36-unit Gentian Village Apartments, 53-unit Park Place Apartments, and 54-unit Woodcliff Apartments. All four properties are located in Columbus along the border of Georgia and Alabama and near Fort Benning. All of the apartment complexes are in good condition and offer standard amenity packages. The outlook for the local apartment market recently improved dramatically as Fort Benning announced that it would be adding roughly 20,000 military and civilian workers due to the recent base realignments.

“We are very pleased to provide financing in the Columbus market, given the major restationing of soldiers and civilians from overseas locations, which will result in a significant increase in demand for rental housing.” said Herman Bulls, President & CEO of Bulls Capital Partners.

The loan was originated out of the Atlanta headquarters of SunTrust Bank by Vice President Fred Neely. “Bulls Capital Partners worked diligently with the borrower and SunTrust to make this somewhat challenging transaction happen,” Mr. Neely said.

We had a challenging situation in that the apartments we were refinancing were 30 and 40 years old and were not your typical candidates for the type of low-interest, long-term loan we wanted,” said Jack Key, a principal representing the borrower in the transaction. “The folks at Bulls Capital and SunTrust delivered and followed through on everything they committed to. I like dealing with people who do what they say they'll do.”

“We continue to work seamlessly with the local SunTrust teams to provide outstanding service to borrowers,” said Mark B. Van Kirk, Co-Founder & CFO of Bulls Capital Partners. “We value our SunTrust relationship and look forward to completing many more transactions in the Southeast during the remainder of the year.”

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 Financial Officer. Mr. Van Kirk previously served as Director of Counterparty Risk at Fannie Mae.

DUS is a trademark of Fannie Mae.