Plantation, FL – August 31, 2012

PointOne Holdings (“POH”), a strategic joint venture between PointOne Holdings and Biscayne Atlantic, closed on the acquisition of Cobblestone Flats, a 240 unit multi-family apartment property located 14 miles from the City of Atlanta in Ellenwood, GA.

Management is implementing a capital improvement plan to enhance the property’s curb appeal, interiors, amenity package and clubhouse. Ownership is also in the process of rebranding the community to include new signage, logos, a modern color scheme and a name change from Cobblestone Flats to The Oaks at Ellenwood.

The sponsors of POH arranged favorable bridge financing with direct lender A10 Capital for 65% of the purchase price and capital improvement expenses.

A10 Capital Executive Vice President Chuck Taylor said, “We worked with the team at PointOne Holdings and Biscayne Atlantic on the financing for Cobblestone Flats. You could tell they did their homework upfront and positioned themselves to move quickly once they were awarded the deal. In today’s market, we certainly appreciate the opportunity to align ourselves with a smart team that follows through by doing exactly what they say they are going to do. It was a very positive experience from our standpoint and we hope to work with them again in the near future.”

POH closed the transaction and arranged financing within 60 days, start-to-finish, and is actively pursuing multifamily and single-family acquisitions throughout the Southeastern U.S.

PointOne Holdings is a real estate investment firm headquartered in South Florida and Atlanta with properties located throughout the Southeastern United States and Texas. The firm owns and manages a diversified portfolio of residential and commercial assets valued in excess of $730 million. PointOne Holdings’ core principles are founded on precise investment selection, thorough due diligence, creative deal structuring, strong financial management and proactive and responsive communication. PointOne Holdings’ principals are seasoned professionals with over 40 years of combined experience who have collectively conducted over $1.9 billion in real estate transactions. For more information visit www.pointoneholdings.com