BRIAN WILSON, ESQ. HIRED AS GENERAL COUNSEL FOR US CAPITAL HOLDINGS

PLANTATION, FL (August 26, 2008) US Capital Holdings, LLC has announced that Brian Wilson, Esq. has been hired as in-house general counsel for the international private equity investor and developer, whose parent company is a multi-billion-dollar Chinese conglomerate. Mr. Wilson will oversee all legal affairs for US Capital and work cooperatively with outside attorneys and planners on matters pertaining to 321 North, the company's $1 billion master-planned, mixed-use urban lifestyle destination.

Before joining US Capital, Wilson was corporate counsel and director of risk management at The Bainbridge Companies, a national multifamily property conglomerate with over $1 billion in managed assets. While there, he helped facilitate the firm's 500% growth in managed assets, reduced expenditures through contract negotiations with vendors, and spearheaded more than 1,500 condominium closings as well as a large number of complex acquisition transactions.  Earlier in his career, Mr. Wilson worked in global procurement, sourcing and logistics for Burger Kings worldwide and as an associate attorney for Greenberg Traurig. He holds a Juris Doctorate from the University of Florida.

Mr. Wilson's strength lies in his ability to closely examine and evaluate challenges and opportunities,said Mr. Chen, president and CEO, US Capital Holdings. When you couple that skill with his experience in real estate, you have the consummate professional to handle our legal affairs and guide us through the development of 321 North.  

321 North will comprise retail, office space, and residential units, as part of the redevelopment of the Plantation Fashion Mall. The new retail portion will face outward and open up onto a spectacular main street setting with additional open-air retail and a colony of unique and nationally recognized restaurants and entertainment brands. 

The existing development on the property includes a 650,000 square-foot enclosed retail mall, a 138,000 square-foot office pavilion, and a separately owned Sheraton Suites hotel, whose own $15 million renovation is now complete.

The developer will begin renovating the existing seven-story office tower on the site by the end of this year followed by construction of retail portions. Pre-leasing is underway. 321 North was recently accepted into the LEED for Neighborhood Development pilot program, a program created by the U.S. Green Building Council, the Congress for the New Urbanism and Natural Resources Defense Council to evaluate developments in their entirety and establish a uniform rating system for like communities. The program recognizes projects that incorporate smart growth, new urbanism, and green design principles.

The project is designed to fit seamlessly into the City of Plantations master plan to build an urban town center, called Plantation Midtown. Site plan approval process is currently underway. Leading the architectural design and development of the project is ADD Inc, a national award-winning design firm. Other team members include ID & Design International, an award-winning, full service design consultant firm; EDAW, consistently ranked among the worlds leading landscape design firms; DDG, an internationally renowned planning, architecture and design firm; The McGarey Group as retail leasing agent and consultant; Jones Lang LaSalle, as office leasing agent and consultant; and Kimley-Horn and Associates, Inc., one of the nation's most comprehensive and best respected engineering and land planning firms.

For more information, visit www.321north.com or call (877) 321-8866. For office leasing information, call (954) 703-3313, (305) 728-7395 or visit www.us.joneslanglasalle.com . For retail leasing information, call (619) 435-6410 or visit www.themcgareygroup.com.     

About US Capital

Founded in 2004, US Capital Holdings is an international private equity investor based in Plantation, Florida. The firm was formed to identify and reposition underperforming or distressed properties in advantageous locations and provide capital and real estate management services to institutions and personal investors overseas.