Del Mar Equity Partners Tops Projections; Surpasses $50-Million Goal.

Real Estate Investment Firm Marks Anniversary with Expansion Announcement

EL SEGUNDO, Calif. -- Del Mar Equity Partners, Inc., a group of seasoned principal real estate investors based here, is celebrating its one-year anniversary this month having met and exceeded its goal of acquiring $50 million in real estate assets. Established in late summer 2005, DMEP's portfolio includes seven properties in three states, with an aggregate value of $51 million.

"It has been a busy and enormously satisfying year," says MartE n Esteverena, DMEP president and managing director. "When my partners and I started Del Mar Equity Partners last year, we recognized a strong demand among experienced investors for a trustworthy partner who could be relied upon to help them build wealth over the long term. We addressed that opportunity with our operational philosophy based on honesty, open communications, creative problem solving and steadfast execution. We are pleased that our assessment of the marketplace has been accurate and our approach fruitful."

To date, Del Mar Equity Partners Inc. has acquired commercial properties in Las Vegas and Reno, Nevada; Berkeley and Manhattan Beach, California; and Kennewick, Washington. Each of the properties met DMEP's stringent acquisition criteria, including: value-added projects that required significant rehabilitation and repositioning; development opportunities that serve the unmet needs of its local market; and stabilized properties that are well-positioned in a growing market.

"Acceptable projects are those that allow our client investors to obtain returns that commensurate with the risk taken," says Todd Shaw, DMEP principal and managing director. "We look for properties with great intrinsic value. A good example is the property we acquired in Manhattan Beach, which will be developed specifically to address a huge demand for medical office space in that area."

Given its first year success, Del Mar Equity Partners has announced plans to expand its headquarters space and to grow its team by January 2007. The move will allow the firm to maintain its presence in Los Angeles' South Bay region, while also accommodating a larger staff. Del Mar Equity Partners has recently hired two new employees, Shai Shwartz, director of asset management, and Berto Gonzalez, senior vice president.

Del Mar Equity Partners expects that the next several years will be even more fruitful for the firm, given pent up demand from the investor base. "Buyers are in an acquisition mode," notes Mark Kanter, principal and managing director of DMEP. "We are constantly reviewing our assets to evaluate their promise as the marketplace continues to evolve. Specifically, we are looking at our current portfolio to determine how long each asset should be held to maximize its value."

Del Mar Equity Partners Inc. is a commercial real estate investment firm specializing in acquiring and developing value-added properties. Based in El Segundo, CA, the firm partners with national investors to rehabilitate and reposition underutilized assets, as well as identify new development opportunities. Founded by MartE n Esteverena, Del Mar Equity Partners is led by a team of seasoned real estate professionals who have more than forty years experience, including principal and managing directors Mark Kanter and Todd Shaw.

More information can be found at www.delmarequity.com.