SOTHEBY’S INTERNATIONAL REALTY REPRESENTS THE BROOKWOOD

CONFIDENCE IN THE MARKET BEGINS AT THE BROOKWOOD

Construction Lender Offering Mortgage Loans at Competitive Rates

APRIL 7, 2009
ATLANTA -- While lending standards continue to tighten, many potential homebuyers are finding it difficult to borrow money to purchase a new home despite having strong credit. The Atlanta- based development team behind The Brookwood however, is offering potential buyers a solution with access to mortgage loans at competitive rates from a variety of lenders.

The Brookwood’s construction lender, Corus Bank is offering primary home buyers the option to select 30-year fixed or 5/1 ARM jumbo loans with interest rates beginning at 5 percent and 4.75 percent, respectively. Corus Bank is a wholly-owned subsidiary of Corus Bankshares, Inc. (NASDAQ: CORS). As of December 31, 2008, Corus Bankshares had $8.4 billion in total assets.

“We are confident not only that now is a great time to buy, but also that The Brookwood is a very special place to make a housing investment,” said Mark Riley, founder of Urban Realty Partners, co-developer of The Brookwood. “The only way we can continue to build confidence in the marketplace and our product offering is by providing consumers with access to funds directly, and we’re proud we can do so through our partnership with Corus and other banks.”

Opening in May, The Brookwood is a mixed-use condominium community in the heart of the residential Brookwood neighborhood, one block south of Piedmont Hospital in South Buckhead. Featuring 219 two- and three-bedroom homes and 20,000 square feet of street-level restaurant and retail space, The Brookwood offers residents a walkable, environmentally-friendly lifestyle just minutes from Atlanta’s business and cultural centers. A spacious, elevated Garden Terrace and adjacent clubhouse are among the amenities offered to create a superior living experience in an urban environment.

The Brookwood also is offering early buyers an opportunity to take advantage of special purchase prices for a limited time through the Founder’s Club program. Early buyers will receive the deepest discounts in this program, which is limited to the first 50 homes sold. For more information about The Brookwood, visit www.thebrookwood.net or call 404.874.7888. Sales office hours are Monday‐Friday 10 a.m. – 5 p.m.; Saturday 11 a.m. – 5 p.m.; Sunday 1 p.m. – 5
p.m.

About the Developers
The Brookwood is a joint development of Regent Partners and Urban Realty Partners.

Urban Realty Partners, an Atlanta-based development firm, is committed to creating well planned urban developments that enhance neighborhoods while providing exceptional places to live, work, and shop. Founded by Mark Riley in 2000, the company focuses on two product lines—residential and office. Residential includes condominiums and multifamily rental projects with a focus on the expanded marketplace for higher density housing in vibrant “18-hour” walkable urban neighborhoods. Urban Realty Partners subscribes to principles of new urbanism and sustainable development. Recent projects include The Reynolds condominiums in the SoNo area of Midtown/Downtown; Oakland Park and Capital Gateway, in the revitalizing Memorial Drive Corridor; and Puritan Mill office complex in West Midtown.

Regent Partners established in 1988, is an Atlanta-based national real estate development, investment and services firm with a diverse portfolio approaching $2 billion in hotel, residential, office, retail, mixed-use and land holdings. Regent Partners is recognized as a leading developer in Atlanta especially for the development of Tower Place as one of Buckhead’s landmark mixed- use projects. The newest edition to Tower Place is 3344 Peachtree, SOVEREIGN, a mixed-use 50 story tower that crowns Peachtree with 500,000 square feet of Class A office space and luxury residential homes priced from $1 million.


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	CONFIDENCE IN THE MARKET BEGINS AT THE BROOKWOOD Construction Lender Offering Mortgage Loans at Competitive Rates APRIL 7, 2009 ATLANTA -- While lending standards continue to tighten, many potential homebuyers are finding it difficult to borrow money to purchase a new home despite having strong credit. The Atlanta- based development team behind The Brookwood however, is offering potential buyers a solution with access to mortgage loans at competitive rates from a variety of lenders. The Brookwood’s construction lender, Corus Bank is offering primary home buyers the option to select 30-year fixed or 5/1 ARM jumbo loans with interest rates beginning at 5 percent and 4.75 percent, respectively. Corus Bank is a wholly-owned subsidiary of Corus Bankshares, Inc. (NASDAQ: CORS). As of December 31, 2008, Corus Bankshares had $8.4 billion in total assets. “We are confident not only that now is a great time to buy, but also that The Brookwood is a very special place to make a housing investment,” said Mark Riley, founder of Urban Realty Partners, co-developer of The Brookwood. “The only way we can continue to build confidence in the marketplace and our product offering is by providing consumers with access to funds directly, and we’re proud we can do so through our partnership with Corus and other banks.” Opening in May, The Brookwood is a mixed-use condominium community in the heart of the residential Brookwood neighborhood, one block south of Piedmont Hospital in South Buckhead. Featuring 219 two- and three-bedroom homes and 20,000 square feet of street-level restaurant and retail space, The Brookwood offers residents a walkable, environmentally-friendly lifestyle just minutes from Atlanta’s business and cultural centers. A spacious, elevated Garden Terrace and adjacent clubhouse are among the amenities offered to create a superior living experience in an urban environment. The Brookwood also is offering early buyers an opportunity to take advantage of special purchase prices for a limited time through the Founder’s Club program. Early buyers will receive the deepest discounts in this program, which is limited to the first 50 homes sold. For more information about The Brookwood, visit www.thebrookwood.net or call 404.874.7888. Sales office hours are Monday‐Friday 10 a.m. – 5 p.m.; Saturday 11 a.m. – 5 p.m.; Sunday 1 p.m. – 5 p.m. About the Developers The Brookwood is a joint development of Regent Partners and Urban Realty Partners. Urban Realty Partners, an Atlanta-based development firm, is committed to creating well planned urban developments that enhance neighborhoods while providing exceptional places to live, work, and shop. Founded by Mark Riley in 2000, the company focuses on two product lines—residential and office. Residential includes condominiums and multifamily rental projects with a focus on the expanded marketplace for higher density housing in vibrant “18-hour” walkable urban neighborhoods. Urban Realty Partners subscribes to principles of new urbanism and sustainable development. Recent projects include The Reynolds condominiums in the SoNo area of Midtown/Downtown; Oakland Park and Capital Gateway, in the revitalizing Memorial Drive Corridor; and Puritan Mill office complex in West Midtown. Regent Partners established in 1988, is an Atlanta-based national real estate development, investment and services firm with a diverse portfolio approaching $2 billion in hotel, residential, office, retail, mixed-use and land holdings. Regent Partners is recognized as a leading developer in Atlanta especially for the development of Tower Place as one of Buckhead’s landmark mixed- use projects. The newest edition to Tower Place is 3344 Peachtree, SOVEREIGN, a mixed-use 50 story tower that crowns Peachtree with 500,000 square feet of Class A office space and luxury residential homes priced from $1 million.