IRVINE, Calif.--(BUSINESS WIRE)--March 27, 2006--Real Estate Partners Inc., a national real estate investment and management services company specializing in the acquisition, repositioning, management and disposition of high-growth properties, announced today it will be presented with the 2006 Outstanding Support of California's Military and Their Families Award by Yellow Ribbon America and The National Guard Association of California. The award is designed to recognize and honor America's cities, local businesses, organizations and individuals who make personal contributions to boost the morale and provide support to local military and their families during wartime. The ceremony will take place at 5 p.m. on Tuesday, March 28 at the Irvine City Hall, located at 1 Civic Center Plaza, Irvine, CA 92623-9575.

"Real Estate Partners has been instrumental in Yellow Ribbon America's success, with generous support in the form of funds, resources and personnel," stated Brad White, National Chairman of Yellow Ribbon America and Legislative Board Member of the National Guard. "Our organization is currently based in office space donated by Real Estate Partners. But more significant are the donations of time and expertise by Real Estate Partners' wonderful staff. Yellow Ribbon America's goal is to reach out and make a difference on personal and local levels for our nation's military and their families. Real Estate Partners embodies that spirit and very much deserves our 2006 Outstanding Support award."

Yellow Ribbon America, proud partner in the Department of Defense's "America Supports You" program, was founded in February 2003 as a non-partisan, grassroots effort to unite all Americans in directly helping our nation's military and their families during wartime. The mission of Yellow Ribbon America is to provide a national framework to organize America's cities and towns, to deliver immediate and direct support to deployed military personnel and the families who are left behind. More information regarding Yellow Ribbon America can be found on their Web site at www.yellowribbonamerica.com. In addition to Real Estate Partners, the organization is also honoring the City of Irvine, Tuttle Click Automotive Group, California Congressman John Campbell and others at the ceremony.

"We are very proud to be recognized by Yellow Ribbon America and the National Guard for our support of American troops and their families," noted Tom Thompson, President of Real Estate Partners. "As a veteran myself, I understand the importance of local, neighborhood-level support for military families. We feel it is a privilege and honor to be in a position to make a direct, positive impact on the lives of those who are in service to their country."

About Real Estate Partners

Real Estate Partners Inc., based in Irvine, is a privately held real estate investment services firm specializing in the acquisition, repositioning, management and disposition of high-growth properties, including multifamily, retail, office and industrial. Real Estate Partners offers unique opportunities to individual and group investors and 1031 exchanges requirements. The principals and officers of Real Estate Partners are creative, experienced commercial real estate investment and finance professionals who are dedicated to maximizing
investor value through strategic acquisitions, key partnerships and a suite of management services. Currently, Real Estate Partners owns and manages $475 million in real estate assets, including approximately 5,500 multifamily units and 500,000 square feet of commercial property. The firm also holds a majority interest in Real Estate Partners Asset Management Services Inc. and REP Commercial Inc., a full-service brokerage firm. For more information, call 877-986-1700 toll-free or visit www.realestatepartnersinc.com.

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