Basis is “TALF Eligible”

In October 2009, Basis Capital Partners I, L.P. (“Basis Capital”) was approved as an eligible borrower under the Term Asset-Backed Loan Facility (“TALF”). The TALF program is a credit facility that was created by the Federal Reserve in 2009 to provide financing for, among other things, the purchase of certain AAA rated commercial mortgage backed securities (“CMBS”). Since receiving approval, Basis Capital has been active in purchasing and managing a portfolio of TALF eligible CMBS.