Baldwin Hills Crenshaw Plaza Announces the Opening of the New Debbie Allen Dance Academy
DADA moves to South LA mall and kicks things off with summer dance series


LOS ANGELES, CA, June 30, 2009 /24-7PressRelease/ -- Capri Capital Partners ("Capri") and Baldwin Hills Crenshaw Plaza ("BHCP") announced today the opening of The Debbie Allen Dance Academy ("DADA") at the mall located at 3650 West Martin Luther King Boulevard in Los Angeles, California. The internationally acclaimed academy is relocating from Culver City to the corner of Marlton and Santa Rosalia Avenues in the former location of Mattie's Bistro.

To celebrate her move to the community, Debbie and her husband Norm Nixon hosted a welcoming party at BHCP this past weekend. The celebration began with DADA's innovative and high-energy Summer Dance Series Up On The Roof.

"This is a very exciting time for me personally as well as Capri Capital Partners," said Quintin E. Primo III, Chairman and Chief Executive Officer of Capri Capital Partners, LLC. "From the moment Capri purchased Baldwin Hills Crenshaw Plaza, it was always our intention to integrate the performing arts into our overall redevelopment plan. The opening of Debbie Allen's Dance Academy is the first tangible evidence of our mall's multi-million dollar renovation project."

"We are so thankful that Quintin recognized the importance of supporting arts in the community - without Quintin we would have no home," said Debbie Allen, owner of the Debbie Allen Dance Academy. "Given the current economic climate and the financial crisis strangling education and the arts across the nation, we're deeply appreciative and proud to be able to continue our mission to nurture young dancers and develop the next generation of performers, artists and creative citizens. Without the generosity of The Annenberg Foundation, our generous supporters and corporate sponsors, we wouldn't be able to give scholarships to our talented students."

Baldwin Hills Crenshaw Plaza, located at the corner of Martin Luther King Jr. and Crenshaw Boulevards is home to Macy's, Wal-Mart, Sears, Macy's, TJ Maxx, Magic Johnson Theaters and over 115 stores and restaurants. For more information, please visit our website at www.crenshawplaza.com.

About Capri Capital Partners, LLC
Capri Capital Partners, LLC, on behalf of an institutional client, owns Baldwin Hills Crenshaw Plaza. Headquartered in Chicago, Capri Capital Partners is an institutional real estate investment advisory firm investing in and managing commercial real estate properties and portfolios since 1992. Capri offers a broad spectrum of equity and debt investment products and services to its clients - through separate account and commingled fund vehicles. Diversified assets managed on behalf of its pension fund and other institutional clients as of March 31, 2009 total approximately $4.17 billion. For more information, please call 312-573-5275.

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy any securities relating to Capri Capital Partners, LLC or any of its funds.

About Baldwin Hills Crenshaw Plaza
Baldwin Hills Crenshaw Plaza, the oldest regional shopping center in America, opened in November 1947 in Los Angeles, California as the Broadway-Crenshaw Center with 550,000 square feet and 13 acres of parking. Back in 1947 the mall was anchored by a Broadway department store, Woolworth variety store, and Von's supermarket. In 1988 BHCP received a facelift increasing in size to 850,000 square feet.
The Festival Companies, which manages BHCP, is a full-service commercial real estate firm and a leading shopping center developer based in Los Angeles, California. Festival has an extensive track record in redevelopment that has spurred revitalization and economic development in many communities. It has developed retail projects in 14 states comprising of over 20 million square feet. For more information on The Festival Companies, please call (310) 665-9600 or visit the company's Web site at www.festivalcos.com.

About Debbie Allen Dance Academy
DADA is a state-of-the-art dance academy founded by actress, dancer, producer, director Debbie Allen and NBA world champion and former Los Angeles Laker, Norman Nixon. Ms. Allen is reputed for understanding the world of dance and theater inside-and-out, and what it takes to turn a talented dancer into a great artist. In the nine years since the academy opened, the school has seen students go on to perform in feature films, hit television shows, on Broadway and concert stage. DADA has three concerts annually that showcase the talent of its nearly 400 students ages 4 to 21. DADA is a 501c (3) not-for-profit arts organization that relies on the support of individuals, corporations, and foundations to reach thousands of young people every year. For more information, visit www.DebbieAllenDanceAcademy.com.

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