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FOR IMMEDIATE RELEASE


Contact:
Martha B. Tate
Vice President of Marketing & Investor Relations
Servant Healthcare Investments, LLC
1000 Legion Place, Suite 1650
Orlando, Florida 32801
(407) 999-7679

SERVANT HEALTHCARE INVESTMENTS, LLC FORMS ALLIANCE WITH
CORNERSTONE REAL ESTATE FUNDS

(ORLANDO, FL) June 16, 2008 – Servant Healthcare Investments, LLC (“Servant”) is pleased to announce a strategic alliance with Cornerstone Real Estate Funds (“Cornerstone”). Cornerstone will provide Servant with equity to invest in a variety of healthcare real estate opportunities, both acquisition and development. Cornerstone raises its capital through Real Estate Investment Trusts (“REITS”) utilizing an extensive network of financial advisors, many of whom had expressed a strong interest in the healthcare sector and requested a REIT offering with an attractive annual yield, along with growth potential. The background and experience of Servant’s executive team, in the healthcare sector and with REITS, was a key factor in Cornerstone’s pursuit of an alliance.

At the outset of their alliance discussion, they agreed that combining both companies’ investment strategies would facilitate building a REIT offering that financial advisors have been requesting. “From the beginning, things just made sense,” declared Terry Roussel, CEO of Cornerstone. “The property types that Servant typically focuses on usually offer higher current yields while Cornerstone’s multi-tenant industrial properties are more growth-oriented. By forming an alliance, both companies are able to stick to their core investment disciplines while creating a product mix that fits the current income and growth potential needs of advisors and their clients.”

Cornerstone was seen as a natural fit for Servant, which invests funds from institutions and high-net-worth investors into various asset classes and development opportunities. John Mark Ramsey, CEO of Servant, sees strong advantages in the alliance. “With so many opportunities in the market right now, it makes sense to partner with Cornerstone which already has distribution relationships with more than 10,000 financial advisors as well as many registered investment advisors,” Mr. Ramsey stated. “Cornerstone gives us another type of capital to service our developer and owner/operator relationships. It has been our goal since inception to offer our partners the most flexible capital alternatives and this alliance is another quantum leap in that direction,” Mr. Ramsey added.

For nearly 20 years, Cornerstone Real Estate Funds has been helping individuals and institutions invest in real estate. Cornerstone currently has two publicly-offered, non-traded REITs that are distributed through an extensive network of financial advisors at independent broker-dealers and securities firms. The company prides itself on its impressive track record, experienced management team, successful joint ventures and its proprietary Market Driven StrategyTM – a topdown, research-driven approach that helps pinpoint ideal geographic locations for real estate investment.

Servant Healthcare is an Orlando based, real estate investment company created to invest in seniors housing and healthcare related real estate and operations. It is led by a team of industry veterans, with experience having previously built a portfolio consisting of over $3.5 billion in transactions encompassing approximately 275 assets. Servant’s core objective is to tailor a capital structure that complements the operating platform of developers and owner/ operators, recognizing that each is unique in its approach and service to the healthcare industry.

 

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