Falcon Real Estate Investment Co., LP provided $7.7 million of equity and United Commercial Bank provided a $17.6 million construction loan to finance Winchester Commercial Center, a 74,166 sq.ft. mixed-use project being developed in Temecula, CA by Falcon in a joint venture with Transcan Development, LLC. Construction is slated to commence during the second quarter of 2007.

For more information, contact Scott Sweeney, Falcon Real Estate Investment Co., LP, 10815 Rancho Bernardo Road, Suite 120, San Diego, CA 92127-2187; 858-451-8125, Fax 858-451-8135; Email: ssweeney@falconreal.com