BLUESTONE IN THE NEWS

February 22, 2008 - BLUESTONE SECURES $7.44M CONSTRUCTION LOAN FOR THE GRAND VICTORIAN OF PEKIN ASSISTED LIVING FACILITY

BlueStone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $7.44M construction loan on behalf of Wilkinson Development, a subsidiary of Wilkinson Corporation, based in Yakima, Wash.  Key Bank and Fifth Third Bank are the lenders in the transaction.

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February 21, 2008 - BLUESTONE SECURES $3M MEZZANINE LOAN FOR CROATAN SURF CLUB

BlueStone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $3M refinance and construction loan for the Croatan Surf Club, LLC in Kill Devil Hills, NC.  Royal Bank America was the senior lender in the transaction.

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February 20, 2008 - BLUESTONE REAL ESTATE CAPITAL SECURES $17M LOAN FOR THE REGISTRY STUDENT HOUSING COMPLEX AT WESTERN KENTUCKY UNIVERSITY
BlueStone Real Estate Capital, a Philadelphia-based real estate investment bank, has secured a $17M non-recourse, first mortgage loan for The Registry at Western Kentucky University, a student housing complex in Bowling Green, KY.  NewStar Financial was the lender in the transaction.
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August 27, 2007 - BLUESTONE REAL ESTATE CAPITAL SECURES $48M ACQUISITION AND CONSTRUCTION LOAN FOR ICONIC B&O BUILDING IN BALTIMORE, MARYLAND

BlueStone Real Estate Capital, a real estate investment bank, has secured a $48M acquisition and construction loan to acquire the B&O Building on North Charles Street in Baltimore and convert the property, which already includes office space, to also include a boutique hotel and signature restaurant.
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June 27, 2007 - BLUESTONE REAL ESTATE CAPITAL ANNOUNCES SECOND TRANSACTION WITH KORMAN RESIDENTIAL FOR ACQUISITION OF A LUXURY APARTMENT COMMUNITY

BlueStone Real Estate Capital has announced that it has advised a joint venture between Korman Residential and its institutional equity partner on securing $50MM of senior financing to complete the acquisition of River Chase Apartments, a 776 unit luxury apartment community located in Temple Terrace, Hillsborough County, FL.
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July 26, 2007 - BLUESTONE REAL ESTATE CAPITAL SECURES $22.5MM FINANCING FOR TRINITY CAPITAL ADVISORS' ACQUISITION OF CASSFORD OFFICE COMPLEX IN BERWYN, PA

BlueStone Real Estate Capital has announced that it has secured $22.5 MM of fixed rate acquisition financing on behalf of Trinity Capital Advisors (TCA) for a 131,000 square foot, five building office complex in Berwyn, Pa.
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May 9, 2007 - BLUESTONE REAL ESTATE CAPITAL LAUNCHES BLUESTONE EQUITY PARTNERS

New company to provide sponsor level equity for top-tier commercial real estate transactions
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April 26, 2007 - BLUESTONE REAL ESTATE CAPITAL CLOSES FIRST QUARTER WITH MORE THAN $280MM IN DEALS

BlueStone Real Estate Capital has closed over $280 million worth of commercial real estate financings in the first quarter.  This quarter marks the first for BlueStone Real Estate Capital, which was created earlier this year to service the top 20 real estate owners in the top 20 markets.
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March 27, 2007 - BLUESTONE REAL ESTATE CAPITAL SECURES $136MM DEBT & MEZZANINE CONSTRUCTION/MINI-PERM FINANCING FOR INTERCONTINENTAL HOTEL

BlueStone Real Estate Capital secured a $136 million dollar debt/mezzanine construction loan and a five year mini-perm for the development of an Intercontinental Hotel in Rosemont, IL.
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March 22, 2007 - BLUESTONE CAPITAL REAL ESTATE HONORED BY NJPA REAL ESTATE JOURNAL AND PHILADELPHIA BUSINESS JOURNAL

BlueStone Real Estate Capital is the recipient of two prestigious awards this year from both the NJPA Real Estate Journal and the Philadelphia Business Journal.
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