LRG Capital Real Estate Partners I Fund Acquires Mathews Building in San Rafael, California and Renames It The LRG

LARKSPUR, CA, Feb 11 (MARKET WIRE) --
LRG Capital Real Estate Ventures, a subsidiary of LRG Capital Group, is
pleased to announce that the LRG Capital Real Estate Partners I Fund has
acquired the Mathews Building at 851 Irwin Street, a commercial office
building located in San Rafael, California just off Highway 101 and
minutes away from San Francisco. The purchase of the three-story, class A
office building was completed at the price of $246 per square foot and
comprises 27,253 square feet of elevator served offices and 84 parking
spaces. The well-maintained building is 96% occupied and the anchor
tenants include Tamalpais Bank and Bradley Real Estate.

"The purchase of this key property, which we will be renaming The LRG
Capital Building, provided us with the opportunity to acquire a Class A
commercial building in a desirable and convenient location at a price well
below replacement cost," said Lawrence Goldfarb, CEO and founder of LRG
Capital Group. "With its strong creditworthy tenant mix and secure cash
flow, we expect this property to enhance the overall performance of our
portfolio."

The LRG Capital Real Estate Partners I Fund primarily makes direct,
intermediate term equity investments in commercial properties located in
or near California's premier cities and, to a lesser extent, development
and rehabilitation projects for office, retail, multi-family, industrial
and mixed-use properties. The Fund is co-managed by Evan Kraus, Executive
Vice President of LRG Capital Group, Lawrence Goldfarb, CEO of LRG Capital
Group, Geoffrey Koblick, a seasoned real estate investor who has been
active in California commercial real estate for over 23 years, and Richard
Hall, a respected commercial real estate manager and investor since 1999.

The 851 Irwin Street office building joins other commercial, multi-family
and mixed-use properties in the LRG Capital Real Estate Partners I Fund's
portfolio including 505 A San Marin Drive, Novato, California, 18360
Sierra Drive, Sonoma, California, 384 Bel Marin Keys Blvd, Novato,
California, 220 Canal Street, San Rafael, California and 125 E. Sir
Francis Drake Boulevard, Larkspur, California.

About LRG Capital Real Estate Ventures

LRG Real Estate Ventures invests in and advises on a wide range of equity
financing solutions, from joint ventures with operating and development
sponsors to direct, active investments through LRG Capital Real Estate
Partners, involving commercial, multi-family, retail and light-industrial
real estate properties.

About LRG Capital Group

LRG Capital Group (www.lrgcapital.com) is a global investment, banking and
advisory boutique that focuses on public and private companies in the
technology, life sciences, hospitality, real estate and entertainment
sectors. Founded by Lawrence Goldfarb, the firm provides capital via
private equity, commercial loans and structured debt financing, and guides
and advises clients on mergers and acquisitions, corporate finance and
other strategic alternatives. Based in San Francisco with offices in New
York and Miami, LRG Capital excels at relationship-focused guidance and
financing.

This release contains forward-looking statements relating to the business
and financial outlook of LRG Capital Real Estate Partners I Fund that are
based on our current expectations, estimates, forecasts and projections
and are not guarantees of future performance. Actual results may differ
materially from those expressed in these forward-looking statements, and
you should not place undue reliance on any such statements. A number of
important factors could cause actual results to differ materially from the
forward-looking statements contained in this release. Such factors include
those described in the Risk Factors sections of the offering documents of
LRG Capital Real Estate Partners I Fund. Forward-looking statements in
this document speak only as of the date on which such statements were
made, and we undertake no obligation to update any such statements that
may become untrue because of subsequent events. We claim the safe harbor
protection for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995.

Contact:
Alexis Banducci
LRG Capital Group
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-