For Immediate Release

28 December 2007

San Diego, CA-Equity Based Services, Inc. and Pilot Equity Partners, LLC Close $2.55Million Self Storage deal in Shreveport, LA.

EBS, Inc. and Pilot Equity Partners, LLC closed on Storage Depot in Shreveport, LA on November 16, 2007. This is the 15th commercial real estate closing of the year for these rapidly growing commercial real estate investment and management companies. This represents an aggregate of $100,000,000.00 in commercial real estate that EBS and Pilot Equity Partners have closed so far in 2007.

Storage Depot is a 442 unit self storage facility sitting on 6.57 acres of land in Shreveport, Louisiana. Upon closing, Storage Depot had a 59% economic occupancy on a gross potential income of $435,220.00 per year. This property was purchased for $2,550,000 and the companies expect to have the property fully stabilized within 2 years. Both EBS and Pilot Equity Partners were able to leverage their connections and strength in the lending market to obtain exceptional financing from Franklin Bank in Dallas, TX.

Troy Downing, General Partner and Manager of Pilot Equity Partners, LLC states, “Storage Depot offers a huge opportunity for us. First of all, it’s in a strong economic area for self storage. Secondly, this is a lease up deal which is an area in which we are one of the best in the country. Through the expertise and experience of our in-house management company, All American Property Management, Inc., we expect to see the creation of a huge amount of value through management replacement and lease up alone. Finally, what really makes this deal attractive, is the planned expansion. Upon completion of an estimated 50,000 net rentable square feet, and the subsequent absorption, this property should really shine upon stabilization.”

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Equity Based Services, Inc is a real estate acquisition company specializing in Self Storage Commercial Properties. EBS syndicates Tenant in Common transaction, facilitates 1031 exchanges, and manages a family of income and growth funds.

Pilot Equity Partners, LLC is a family of value added funds that invest in Self Storage Commercial Properties. Pilot Equity Funds are targeted toward value added and growth opportunities with an emphasis on tax deferring strategies and higher back-end returns.

For more information, please contact Troy Downing or Stephen Kaplan at 619-220-6707, troy@pilotequity.com