Silver Tree Partners Closes on 2nd Real Estate Investment Fund

6/4/2007 - Silver Tree Press Release

Addison based Silver Tree Partners is pleased to announce the initial closing and breaking escrow of Silver Tree Realty Fund II, L.P. "This closing represented nearly a 200% increase in commitments from our 1st fund which closed in early 2004, with over 90% of the investors either re-committing, or increasing their previous capital commitments. The second fund will seek to acquire similar real estate investments as the 1st Fund. "We have already acquired two assets within 60 days of the fund breaking escros." per Paul Gardner, President of Silver Tree Fund Management, LLC, the General Partner and Manager of the Fund.

The first acquisition was a 75,000 SF Shopping Center at the SWC of Preston Road and LBJ in Dallas. And, the second was a 83,000 SF Flex/Office located on Plano Road in Richardson. "Future acquisitions will include a combination of raw land to be developed, retail shopping centers, commercial office buildings, and multifamily residential properties, as opportunities present themselves." says Mr. Gardner.

Silver Tree Partners, headquartered in Addison, Texas is a fully integrated real estate development and investment management group which focuses primarily in North Texas. Over the last 10 years, the firm has built a diverse portfolio of retail, office, residential, light industrial, land and mixed-use properties. For more information on Silver Tree Partners, Inc. please call 972-669-9955, or visit their website at Silvertreepartners.com.