PRESS RELEASES

Joint Venture Acquires 160 Acres of Land in Stockton, CA HG Capital, investing with Mill Creek Development, has acquired 160 acres of residential land in Stockton CA.

Phoenix Industrial Portfolio Acquisition HG Capital, investing with Newport Real Estate Services Inc., acquires 375,000 square feet of industrial buildings in Phoenix, AZ.

Omni West Group Partners with HG Capital on Inland Empire Land for Medical Office Condominium Development Omni West Group and HG Capital, LLC partner to acquire 10 acres in Moreno Valley, CA to develop an 80,000 sq. ft. medical office condominium near hospital and senior lifestyle community.

HG Capital Joint Venture Acquires Inland Empire Office Buildings for Conversion to Professional Condominiums HG Capital, LLC invests $1.9m in a joint venture with Focus Real Estate LP to acquire two office buildings with 42,000 rentable sq. ft. in Redlands, CA for conversion to for-sale professional office condominiums.

HG Capital Acquires 54 Acres of Land in Hawaii's Fastest Growing Region HG Capital has formed a joint venture with Lokahi Ventures and RSF Partners to acquire 54 acres of industrial-zoned land in Kapolei Business Park on Oahu, for subdivision and sale as individual, fee-simple industrial lots.

HG Capital Announces Joint Venture to Develop Inland Empire Industrial Space HG Capital, LLC and developer Newcastle Partners, in their sixth joint venture, acquire 7.75 acres for development and eventual sale of six industrial buildings in Colton, CA.

Joint Venture to Develop For-Sale Industrial Buildings in San Bernardino, CA HG Capital, LLC and Focus Real Estate LP have formed a joint venture to acquire 4.35 acres in Waterman Place business park, San Bernardino, for development and eventual sale of 76,000 s.f. of industrial space.

Orange County Medical Office Development Breaks Ground HG Capital LLC, in a joint venture with Newport Real Estate Services, announces a new medical office condominium development in Foothill Ranch, in the city of Lake Forrest, CA.