American Financial Realty Trust Announces Correction to Leasing Results for Fourth Quarter 2005.

JENKINTOWN, Pa. -- American Financial Realty Trust (NYSE:AFR), a real estate investment trust focused on acquiring and leasing properties occupied by financial institutions today announced a correction to its January 31, 2006 press release reporting the Company's Dispositions, Acquisitions and Leasing Results for Fourth Quarter 2005. The Company's earlier press release incorrectly included as a fourth quarter 2005 event the square footage of a lease executed in December 2005 that did not become effective until, and which will be accounted for in, the first quarter of 2006. The Company's adjusted leasing results for the fourth quarter 2005 are as follows: "During the fourth quarter, new leasing activity totaled approximately 314,000 square feet of new and expanded leases. On a full portfolio basis, American Financial Realty's new leasing activity grew 36 percent over fourth quarter 2004, increasing from 231,000 square feet to approximately 314,000 square feet, with an average rent per square foot of $29.89, creating an annualized additional rent of approximately $9.4 million. Associated tenant improvement costs, calculated on a weighted average lease term, were $0.25 per square foot per year."

About American Financial Realty Trust

American Financial Realty Trust is a self-administered, self-managed real estate investment trust that acquires properties from, and leases properties to, regulated financial institutions. The Company owns and manages its assets primarily under long-term triple net and bond net leases with banks. The Company is led by chief executive officer Nicholas S. Schorsch and non-executive chairman Lewis S. Ranieri. The Company is traded on the New York Stock Exchange under the ticker symbol AFR.

For more information on American Financial Realty Trust, visit the Company's website at www.afrt.com.