Ralph S. Epstein Properties

NEW PRESS RELEASE

JB International Funds and Epstein Properties LLC Establish Strategic Alliance 

Summary: COP of JB International Funds, Thomas E. Cooper and CEO of Epstein Properties, Ralph S. Epstein announce their plans to collaborate on mixed-use retail properties and to launch a Development Fund.

November 17, 2010, Mill Valley, CA: Thomas E. Cooper, Chief Operating Partner and General Counsel of JB International Funds, and Ralph S. Epstein, Senior Managing Director of Epstein Properties LLC.,  today announced the formation of a strategic alliance. Mr. Epstein will assist JB International Funds in evaluating mixed-use and retail opportunities in current markets in which the Fund has interests and in other appropriate markets across the country.   

JB International Funds is a private equity group with main offices in Mill Valley, California and Midland, Texas. (See their website at: http://jbfunds.com) The Fund invests in commercial real estate, FDIC commercial paper, and direct hard money loans. JB International Funds currently has real estate-related assets in Portland, Oregon, Georgetown, Texas, and Midland, Texas.

Epstein Properties LLC is based in San Anselmo, California and is a real estate advisory firm specializing in market-driven development and merchandising strategies. (See their website at: http://ralphepsteinproperties.com)

Cooper and Epstein plan to announce a more formal arrangement in the first quarter of 2011, which will include the formation of a $100,000,000 retail, value-add fund that will focus on mixed-use, in-fill urban development and redevelopment opportunities in select markets throughout North America.

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