SOURCE: Across America Real Estate Corp.

December 07, 2005 08:30 ET

Across America Real Estate Announces $2.52 Million in Revenue (Provided Through 100% Project Financing)

DENVER, CO -- (MARKET WIRE) -- December 7, 2005 -- Across America Real Estate Corp. (OTC BB: AARD) announced the sale of a retail development project for an International House of Pancakes (IHP) store located in Olive Branch, MS. This property was a joint partnership with National Restaurant Development and sold to a third party investor for $2.52 million. The IHOP store is located at 7768 Craft Goodman Rd., Olive Branch, MS.

"AARD is pleased to have provided 100% financing for this single pad retail project with National Restaurant Development," said Alex Lagerborg, President & CEO of Across America Real Estate. "We continue to work closely with our regional developer partners to fund the right projects at the right time."

"Once again, Across America Real Estate was able to provide us with the 100% financing we needed to complete our project," said Dennis Smith, President of National Restaurant Development. "We look forward to this partnership and additional developments with Across America in the future."

About Across America Real Estate Corp.

Based in Denver, Colorado, Across America Real Estate Corp. (OTC BB: AARD) partners with national retailers and their developers to provide 100% financing for rapid retail expansion. The Company operates in the niche that is small pad retail market in the commercial real estate industry. Across America provides guidance and creates financing solutions for increasing retail productivity and profit. Please visit us at our website www.aard.us

The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in AARD's Securities and Exchange Commission filings; completion of due diligence and certain other pre-closing conditions for all incomplete transactions; economic downturns affecting the operations of AARD, its subsidiaries or proposed transactions; the inability to initiate or complete any transaction; adverse financial performance by AARD or any of its subsidiaries; adverse equity market conditions and declines in the value of AARD common stock; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and AARD disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • For more information please contact:
    Alexander V. Lagerborg
    Across America Real Estate
    303.893.1003
    alagerborg@aard.us

    James W. Creamer III
    Across America Real Estate
    303.893.1003
    jcreamer@aard.us