REGIONAL CAPITAL GROUP TAKES A SENIOR POSITION ON A $6MM MODERN ART GALLERY IN SOUTH FLORIDA

Miami, Florida (November 2007) – Regional Capital Group closed a $2,735,000.00 bridge loan secured by 1st mortgage lien on an approximately 47,000 SF industrial building located in the Wynwood Art District of Miami, Florida. The loan proceeds will be used as working capital towards the business owning this collateral. The Borrower found itself in a time sensitive nature and RCG was able to meet their demands and in exchange, RCG secured a valid 1st lien on a $6MM industrial building located in the one of the hottest areas in Miami, Florida.

Additional loan proceeds were used to cover an interest reserve, closing costs and fees usual and customary for a transaction of this type. The loan was approved based on the low LTV of 46.00% as well as the strength of the Borrower’s balance sheet, and personal guarantee of the sponsor.

ABOUT REGIONAL CAPITAL GROUP

Regional Capital Group, a Direct Commercial Real Estate Lender based in Marlton, New Jersey, provides unique financing for real estate. RCG offers an alternative to traditional financing sources with creative loan programs for commercial and residential properties. Funding may take the form of debt, participating debt, equity, or mezzanine. Regional Capital Group specializes in a variety of property types and loan programs.

For more information, visit Regional Capital Group online at http://www.regionalcapital.com or call (856) 983-4800.