REALTY CAPITAL NEGOTIATES ‘MIRACLE DEAL’

Facilitates $12 Million Purchase of Executive Point Towers in Two Months and When the Buildings Weren’t Even on the Market

ORLANDO, Fla. (January 18, 2006) – In a major real estate transaction coup, Realty Capital completed its first project of the New Year by representing KEL Companies (a seven-year-old, locally based title, construction and real estate services company) in the $12 million purchase of the two-building, 125,000 square feet Executive Point Towers in Altamonte Springs. The project reflects several industry feats: purchasing buildings that weren’t even on the market; closing the project in two months and over a major holiday period; and securing a deal that was the perfect match for both sides – a would-be tenant who needed a great deal of space for itself, and an owner who had the availability and became open to selling.

Elliott Jamison, vice president of Realty Capital, negotiated the deal, which is among the firm’s largest building sales transactions. Realty Capital will also do the leasing and property management of the buildings. The seller was an affiliate of Alliance Commercial Partners.

According to Jamison, when the project started, the principals with KEL were initially looking at land and other buildings in the region. With Jamison aware of the large pending vacancy at Executive Point Towers, it seemed a natural fit for KEL. Realty Capital’s President Charles Frederick knew Scott Holman, director of asset management at Alliance, and arranged a meeting to discuss a potential acquisition. And the purchase was negotiated soon thereafter.

“This deal was a double bonus. We found the space we needed for our growing company and landed a great long-term investment,” said Matt Englett, CEO, KEL Companies. “Elliott and the team at Realty Capital were extraordinary. They matched our needs exactly and, with the help of our financial partners, secured the purchase in record speed. Everyone involved went over and above to make this happen for our company.”

KEL, one of the largest title agencies in Florida, plans to move in by September and will have 120 employees in its new space.

“This truly was one of those ‘I can’t believe it happened’ projects,” said Jamison. “The sheer size and speed with which this project happened is quite unusual in the industry.” He agreed with Englett, “This could not have happened without the financial experts involved, from Fairwinds Credit Union to Jim Garner, the mortgage broker. They were phenomenal.”

About Realty Capital – Realty Capital., is one of the few and largest privately held full service commercial real estate brokerages based in Orlando, Florida and operating in the seven-county Central Florida region. The firm consists of three divisions -- brokerage, property management and development services – and has a 40-member professional staff. Realty Capital has national and international capabilities through its affiliation with TCN Worldwide, a global network of firms in more than 210 markets worldwide with over 1,200 brokers.