CBA Commercial Announces Issuance of First Small Balance Commercial Loan Securitization; First Securitization Transaction By New Commercial Mortgage Finance Firm.

STAMFORD, Conn. -- CBA Commercial, LLC (CBAC), a commercial mortgage finance firm specializing in the purchase and securitization of small balance multi-family, commercial and mixed-use mortgage loans, announced today the issuance of CBA Small Balance Commercial Mortgage Pass-Through Certificates, Series 2004-1. The certificates were offered only to qualified institutional buyers under Rule 144A.

The $102,025,949 securitization (Series 2004-1) included 265 commercial, mixed-use and multi-family mortgage loans with an average principal balance at origination of approximately $387,000. Ratings were assigned to various certificates by Standard & Poor's Ratings Services, Moody's Investors Service, Inc. and Fitch Ratings. RBS Greenwich Capital was the initial purchaser of the certificates. Midland Loan Services, Inc. is the servicer and special servicer.

"We have assembled a tremendous team to pursue and develop the small balance commercial loan market, and this transaction serves as an important validation of our business model," said William Komperda, chairman and CEO of CBAC. "We are delighted to have completed our first capital markets offering."

CBAC is a specialty commercial mortgage finance firm that acquires and securitizes small balance multi-family, commercial and mixed-use mortgage loans. CBAC senior management has extensive commercial and residential securitization and mortgage banking experience, with an average of over 20 years in the development, standardization and securitization of various types of specialty mortgages and other innovative financial asset classes. CBAC has created a streamlined process for underwriting and securitizing small balance multi-family, commercial and mixed-use mortgage loans. Its standardized loan documentation, underwriting guidelines, appraisal process, environmental risk mitigation techniques, and compliance and quality control procedures enable CBAC to efficiently evaluate and fund loans ranging in size from $100,000 to $3,000,000.

For more information, visit www.cbaloans.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these certificates. The certificates offered and sold have not been registered under the Securities Act or any state securities laws, and are only being offered and sold in reliance on the exemptions from registration provided by Rule 144A.

Certain statements in this news release are forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to differ materially from future results, performance or achievements expressed or implied in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.