COLUMBUS, Ohio (March 28, 2005) – Lancaster Pollard Mortgage Company announces the $3.6 million financing for Mayfair House Berryville, a 48-unit assisted living facility in Berryville, Va.

The mortgage loan is insured by FHA mortgage insurance under Sec. 232/223(f) of the National Housing Act and will be funded through the sale of GNMA mortgage-backed securities issued by Lancaster Pollard Mortgage Company.

Proceeds from the mortgage will be used to refund approximately $3.3 million of existing debt and fund $40,000 of critical repairs and a $85,000 replacement reserve deposit for future repairs. Remaining funds will be used to pay closing costs associated with the transaction.

The transaction provided Mayfair House Berryville with a low, fixed-rate, non-recourse loan over 35 years.

Located 60 miles west of Washington, D.C., Mayfair House Berryville was built is 1999. The facility consists of 32 private rooms and 16 semi-private rooms and offers its residents a wide variety of programs and services, including daily meals, physical therapy, occupational therapy, housekeeping and laundry services, medication administration, utilities and some assistance with activities of daily living. Mayfair House Berryville is owned and operated by Mayfair Enterprises Inc. and its affiliates.

###