Distressed Real Estate Opportunities

With the financial and credit markets imploding in the last few weeks, Baceline sees opportunity. We have implemented a strategy to take advantage of our investment footprint, infrastucture and track record in America's Heartland to seek out and purchase distressed real estate. Although we have not seen distress so far in our sector, most certainly distress will pop up in isolated cases and Baceline is ready to seize on this opportunity. Large investment funds have been formed to seek out distress in the major markets, but few investment groups will be looking in the smaller markets for distress. Since Baceline is already buying healthy properties in these areas, it's a natural fit to include distress into its investment portfolio. Real estate investors who are looking for the risk and potential return of investing in distressed assets will now have an outlet in working with Baceline. We will be tracking this segment closely over the next few weeks and months and hope to capitalize on opportunity when it arises.