/C O R R E C T I O N -- RER Equities, Inc./

                 /C O R R E C T I O N -- RER Equities, Inc./

PR Newswire

HERNDON, Va., July 25, 2012

In the news release, RER Equities, Inc. Closes on the Purchase of a $3 Million
Portfolio of CRE Loans from EuroBank, issued July 25, 2012 by RER Equities,
Inc. over PR Newswire, we are advised by a representative for the company that
the headline should read "RER Equities, Inc. Closes on the Purchase of a $33
Million Portfolio of CRE Loans from EuroBank" rather than "a $3 Million
Portfolio of CRE Loans" as originally issued inadvertently. The complete,
corrected release follows:

  RER Equities, Inc. Closes on the Purchase of a $33 Million Portfolio of CRE
  Loans from EuroBank

HERNDON, Va., July 25, 2012 /PRNewswire/ -- RER Equities, Inc., a private
investment firm specializing in buying distressed real estate debt and
underperforming properties, recently announced their latest acquisition of
fifty one performing, sub-performing and non-performing notes secured by
various commercial real estate and related assets. The aggregate unpaid
balance of the notes totals $33,413,513. The seller was Coral Gables,
Florida-based EuroBank, a subsidiary of Banco do Brasil S.A. The notes are
secured by real estate assets in Dade, Broward and Palm Beach counties.

The negotiated all-cash transaction was completed in thirty days, from
confidentiality agreement execution to closing. This transaction is the firm's
second Florida loan acquisition this quarter.

Christopher Kallivokas, Chairman of RER Equities, said, "With the South
Florida real estate market starting to turn, we felt this was the appropriate
time to pursue assets from banks that are prepared to resolve their distressed
portfolios." RER is actively pursuing other bank portfolios in Florida.
Kallivokas commented, "Our experience in providing due diligence and valuation
services on over $70 billion of loan portfolios for government insuring
agencies, major wall street firms and financial institution acquirer's has
allowed us to develop a very unobtrusive procedure for quickly valuing a
bank's classified portfolio. We have found that a buyer that exercises extreme
confidentiality, creates minimal disruption and reaches a reasonable price
quickly is very attractive to portfolio sellers. Ten days into the process, we
arrived at a strike price that met the bank's expectations and was in line
with our investment parameters."

Headquartered in Herndon, Virginia, a DC suburb, with offices in Coral Gables,
Florida, RER Equities, Inc. has been acquiring distressed real estate related
loans throughout the eastern United States since its inception in 1989. It is
a member of the RER Financial Group, LLC, a nationwide financial services firm
specializing in the acquisition, valuation, management and servicing of
commercial real estate ("CRE") loans and mortgages. For more information,
visit RER Financial Group's website: http://www.rerfin.com.

Contact: 
Christopher Kallivokas 
RER Equities, Inc.  
Main 703-742-6789   
Cell 703-801-2929  
Christopher.kallivokas@rerfin.com

This press release was issued through eReleases® Press Release Distribution.
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SOURCE RER Equities, Inc.

Website: http://www.rerfin.com