Southeast Capital Partners, Inc.

SOUTHEAST CAPITAL PARTNERS' APARTMENT COMPONENT OF BLOCK LOFTS NOW LEASING

New Intown Community Begins Leasing on Amazing, Apartment Homes

ATLANTA (October 8, 2004) Southeast Capital Partners is thrilled to announce that the apartments at their, intown luxury community, Block Lofts, are now available for lease. Situated in the heart of Atlanta's greatest neighborhoods, eateries, nightspots and recreation, Block Lofts is the perfect location for busy professionals.

Block Lofts offers one- and two-bedroom apartments starting at $905 per month. Of the 244 homes, 16 are two-story loft apartments with 18-foot ceilings, stainless steel appliances and spiral staircases. All apartments at Block Lofts include designer kitchens with ceramic tile floors and GE black appliances including microwave ovens, glass accent tile in kitchens and bathrooms, ceiling fans, contemporary lighting, built-in computer desks (in select homes), huge walk-in closets, private patios and balconies and much more. Each first floor apartment home also features sealed concrete floors.

Within the community, residents also have exclusive access to a Cyber Café with high speed internet access, three computer stations and coffee bar with LCD TV's, state-of-the-art health and fitness facility with cardio theatre and cardio equipment, free weights, and circuit weight training equipment, Sapphire Lounge with billiards table and catering kitchen, gated entry and video surveillance monitors, poolside grill, outdoor fireplace, fully furnished guest suite, dog walk area, reserved and covered parking and much more. Block Lofts offers over 10 spacious floor plans, ranging from 600 square-feet to over 1,200 square-feet.

The Block Lofts Apartments are the second phase in Southeast Capital Partners' new intown development. Phase I, which is already 80% sold, is comprised of 69 loft condominiums, poised with amazing views of the downtown and midtown skylines.

Southeast Capital Partners is an Atlanta-based real estate investment company specializing in the acquisition, ownership and development of rental and for sale multi-family housing. For further information please call 404-522-4484. Leasing office hours are Monday – Friday 9 a.m. – 6 p.m.; Saturday 9 a.m. – 5 p.m. and Sunday 12 p.m. – 5 p.m.

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