Henderson, Nev., (February 28, 2006)—Southern Nevada is home to more than 2,000 businesses and to be one of the top 40 under 40 businesspeople in the Las Vegas Valley is quite a feat for Todd B. Parriott, 35, who has been selected by In Business Las Vegas and will be honored at their annual 40 Under 40 presentation at Giorgio Caffe & Ristorante at Mandalay Bay on Tuesday, February 28 at 6 p.m.

Now in its sixth year, the 40 Under 40 program recognizes young business leaders who have distinguished themselves not only in their profession, but also in the community; past honorees include Anthony Zuiker, Heather Murren and Lorenzo Fertitta.

“This recognition is important in the fact that through the success of my business, I am able to provide work for so many families in Southern Nevada and to have the opportunity to be directly involved in various community programs,” said Todd B. Parriott, Chief Executive Officer and Chairman of the Board of Directors of Desert Capital REIT Inc. “I’m humbled by the selection, but it’s the merits of the award which are most important to me – family, community and business.”

Parriott oversees the operation of several companies including Desert Capital REIT with over $75 million in sales and Consolidated Mortgage, which together with Desert Capital REIT, manage over $400 million in loans on behalf of private investors, with an average of $45 million per month in loan originations; CMC Financial Services, which acts as a broker/manager for the two entities; Residential Capital Mortgage Corporation, which focuses on commercial and residential loans; and CM Land, which facilitates the need for large land acquisitions for national homebuilders.

Parriott is active with the Boys & Girls Clubs of Henderson and, together with his employees, brought holiday cheer in December 2005 to more than 80 children with the donation of over 150 gifts collected by his staff and a $10,000 check to help offset the membership costs for families and the sponsorship of various programs. He is also directly involved with Nevada H.A.N.D. Inc., which develops affordable living for seniors and low-income families. In January Parriott donated $10,000 to start a relief fund at a senior and family complex to ensure funds are available during a hardship.

He is a graduate of the University of Nevada Las Vegas and resides in the Las Vegas Valley with his wife and three children.

About Desert Capital REIT, Inc.
Desert Capital REIT Inc. is a Henderson, Nev.-based real estate investment trust that invests in loans to owners and developers of real estate properties. Formed in December 2003, Desert Capital’s portfolio of mortgage loans consists of acquisition and development, construction, commercial property and residential loans. For more information, please call (800) 419-2855 or visit www.desertcapitalreit.com.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. A written prospectus meeting the requirements of the Securities Act of 1933, as amended, may be obtained from CMC Financial Services, Inc., the dealer-manager of the offering, at 1291Galleria Drive, Suite 210/Henderson, NV 89014. The shares are being offered on a “best efforts” basis through broker-dealers registered with the National Association of Securities Dealers, Inc. Desert Capital REIT intends to use the net proceeds of the offering to make investments in mortgage loans.

Statements included herein that state the company’s or management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements.

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