Rick Patton, Songy Partners� Senior Development Officer stated, �The Atlanta Midtown Residence Inn will be one of the few new upscale hotels in the Midtown market.  We are confident that a combination of strong market demand and Crestline�s hotel management expertise will result in a successful hotel.� �With seven other properties in the Atlanta area, Crestline has demonstrated expertise in operating in this market,� added David L. Durbin Crestline Hotels & Resorts� Chief Operating Officer.  �The

1365 Peachtree Street

The 160-suite Residence Inn Atlanta Midtown is located at 1365 Peachtree Street between 16th and 17th streets.  The hotel will offer multilevel underground parking and provide all of the amenities of an upscale Residence Inn including complimentary breakfast and an evening hospitality hour. The Atlanta Midtown Residence Inn will be Crestline Hotels & Resorts� 4th Residence Inn branded hotel and 35th property under management.

Songy Partners Limited is a national real estate development firm specializing in the office, mixed-use and hospitality sectors.  Based in Atlanta, the company has properties in Florida, Georgia, Texas, Louisiana, California and Mexico. 

Crestline Capital Corporation is the parent company of Crestline Hotels & Resorts, among the nation's leading independent hotel management companies, and is the owner of one of the nation�s premier senior living community and hotel portfolios.  

Crestline Hotels & Resorts manages and leases 35 hotels, resorts and conference and convention centers with over 6,500 rooms in eleven states and the District of Columbia.  Crestline Hotels & Resorts manages properties independently and under such well regarded brands as Marriott, Hyatt, Hilton, Sheraton, Renaissance and Crowne Plaza. 

Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995.