ATTENTION: Business/Finance, Investment & Banking & Editors
FOR IMMEDIATE RELEASE

Horn Capital Realty Relocates to Miami Area from Dallas

Firm excels at “Strategic Conversion of Real Estate to CapitalÔ.”

DALLAS (May 30, 2001) – Horn Capital Realty, Inc. of Dallas, which specializes in sale-leaseback financing, net-leased properties and 1031 exchanges, will relocate its corporate headquarters from Dallas to the Miami area effective June 1, President and Founder Jonathan S. Horn announced today.

"While the decision to leave one dynamic market for another was difficult, I believe the East Coast and southeastern United States will present additional capital partners for our investments in sale-leaseback transactions and triple net (NNN) lease properties," Horn stated.

“Commercial property ownership under a (NNN) lease agreement has emerged as a highly popular and effective strategy in real estate investing in the past decade,” said Horn, who has personally handled more than $430 million in such investments as well as debt-and-equity placements in U.S. markets. Corporations involved included such large national tenants as Blockbuster Entertainment, Eckerd Drug, Kmart, Home Depot, Wild Oats Markets, Taco Bell, Wal-Mart and Walgreen Drug Stores.

“The popularity of such transactions is returning as many executives seeking critical funds to grow their companies are confronted by an uneasy stock market and burdensome interest rates,” emphasized Horn, who earned a bachelor of arts degree in economics from the University of Texas at Austin.

The 11-year veteran of the commercial real estate business has been quoted on the sale-leaseback subject in Real Estate Issues, Area Development, Office & Industrial Properties,