For Immediate Release: New York, March 21, 2001: This remarkable 1908 Historic Landmark building is located in the newly revitalized Wall Street area and is being utilized as a unique restaurant which spans this 5-story property. The bar, restaurant, party rooms & offices occupy the entire 15,000 SF building. Winter & Company arranged a new $2,500,000 mortgage to satisfy the existing mortgages totaling $2,000,000, as well as to provide an additional $500,000 cash-out.

The recourse for the loan is limited, and shall further diminish each year according to a pre-determined formula. The borrower is one of New York's premier developers of adaptive re-use projects. The 10-year mortgage has a rate of 7.875% and shall amortize on a 25-year schedule.

Winter & Company specializes in providing advisory services as well as both institutional and private mortgages to commercial real estate owners and professionals nationwide. Its affiliate, W Financial is a direct private bridge and mezzanine lender providing short-term, special situation financing to developers, owners and investors. If you are an accredited investor and would like to learn more about investing in the Fund, visit PrivateMortgageInvestment.com