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SOUTHEAST CAPITAL PARTNERS, INC. MOVES TO A NEW OFFICE

ATLANTA (November 3, 2003) Southeast Capital Partners, Inc. announced today that the company is moving to a new office on December 3, 2003, to accommodate its growth. The new office is located at 3333 Riverwood Parkway, Suite 250.

Thanks to the great success it experienced in the booming Atlanta condominium and townhome market and the growing success of its acquisition program, Southeast Capital Partners, Inc. continues to add increasingly larger investments to its portfolio, including apartment, condominium and townhome developments throughout the Southeast, fueling the growth. In addition, the company has recently hired two new employees.

"Since its establishment in 1993, Southeast Capital Partners, Inc. has been able to cover a broad spectrum of acquisitions and developments," said Principal Satish Lathi. "This move is indicative of our ongoing success over the past ten years."

"With Southeast Capital Partners, Inc.'s surge in acquisitions and developments, we feel confident our growth will continue," said Principal Jay Clark.

Southeast Capital Partners is an Atlanta-based real estate investment company specializing in the ownership and development of rental and for sale multi-family housing. For further information visit www.secpartners.com.

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Southeast Capital Partners, Inc. • 3333 Riverwood Pkwy, Suite 250, Atlanta, GA 30339
Phone 404-504-0500 • Fax 404-504-9866 • Copyright ©2003 • All Rights Reserved