Nebo Closes $6.35 M LOAN

Nebo Capital arranged financing for the funding of a $6,350,000 loan on
two existing neighborhood shopping centers in Nevada.  The borrower was
able to negotiate a short sale with his conventional lender after a
maturity default resulting in a significant discount.  The lender
successfully funded 88% of the discounted note purchase and closed the
transaction before the conventional note holder could foreclose on the
properties.  This transaction significantly increased the borrower's equity
in the assets.