Dalfen Group Acquires a Performing Mortgage Note in North Carolina and an Industrial Building in Tempe, AZ


MONTREAL, QUEBEC--(Marketwired - April 18, 2013) -

Editors Note: There is a photo associated with this press release.

Dalfen America Corp. (DAC) today announces its latest two transactions; the acquisition of a performing loan in North Carolina and the acquisition of an industrial building in Tempe, Arizona.

The performing note is secured by a Class A 125,000 SF industrial building, located in the city of Charlotte. The property was built in 2001, is fully air-conditioned, has abundance parking spaces and is located off highways 77 and 485.

Situated near the Phoenix Sky Harbor International Airport, at the intersection of Vaughn Street and Kyrene Street, the Tempe property is a modern 24'clear concrete tilt-up facility and is located minutes away from Highway 10. The property is one of the few remaining sites that can accommodate a sizable owner-operator in the vibrant Tempe market.

Sean Dalfen, Chief Investment Officer at Dalfen Group says "we strongly believe that both Phoenix and Charlotte will continue to be at the forefront of the economic recovery". He adds "these latest acquisitions reflect the strategic expansion of our top quality industrial real estate portfolio, in markets which we believe have exceptionally strong fundamentals".

Over the past 24 months, DAC has closed on 46 buildings and 3.5MM square feet of land across the US and Canada, making it one of North America's most active buyers of opportunistic and value-added industrial properties and loans.

About Dalfen America Corp.

Dalfen America Corp, the US arm of the Dalfen Group, is a private equity real estate firm headquartered in Montreal, Canada with regional offices in Orlando, Dallas, Tampa and Las Vegas. Through its investment funds and separate accounts, DAC acquires and manages commercials real estate and real estate backed securities throughout North America.

For more information visit: http://www.dalfen.net

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20130418-Dalfen_Vaughn_800.jpg

Contact Information:

Robert Kurlender
Director of Acquisitions
514-938-8454
rkurlender@dalfen.net

Sean Dalfen
Chief Investment Officer
mghoul@dalfen.net

Vaughn Street Property