CPP

Further to the news release dated April 17, 2013, in which CapGain Properties
Inc. (TSX VENTURE:CPP) announced that its wholly-owned subsidiary, CapGain
Holdings Inc. ("CapGain"), had entered into a Financing Commitment with
Statesman Financing Corp. ("Statesman"), this release shall specify the terms of
said financing. The financing will allow CapGain to acquire a 30%, with an
option to acquire as much as 80%, interest in Orlando MF Partners LLC, which
will purchase the properties located at 1200 West Holden Avenue, Orlando,
Florida and 4855 South Orange Blossom Trail, Orlando, Florida (the
"Properties"), which are anticipated to be valued at $12,000,000 to $13,000,000,
for $9,900,000. 


The terms of the aforementioned financing are as follows: a $1,750,000 loan for
a one year term that will accrue interest at the rate of 15% per annum for the
first nine months of the loan term and at 20% for the last three months of the
loan term. Additionally, a $150,000 commitment fee accompanies the loan. As
referenced in the April 17, 2013 new release, CapGain Properties Inc. is to also
issue 500,000 shares at market price to Statesman. CapGain intends to utilize
the loan to purchase the Properties and then pay off the financing in three to
four months with more conventional financing.


Dollar amounts referenced in association with the financing are in Canadian
currency and dollar amounts referenced in association with the acquisition or
purchase are in United States currency.


About CapGain

CapGain is an investment company that purchases, re-structures when applicable,
and sells real property in the United States, with a forward moving focus on
income producing real estate. CapGain's contacts within the real estate and
finance industries allow the purchase of properties significantly below market
value. 


Additional information on the operations or financial results of CapGain is
included in reports on file with applicable securities regulatory authorities
and may be accessed through the TMX website (www.tmx.com) and the SEDAR website
(www.sedar.com) under the profile for CapGain.


Forward-Looking Statements 

This press release may contain forward-looking statements within the meaning of
applicable legislation. All statements included in this report and the documents
that we incorporate by reference, are forward-looking statements and can
generally be identified by words such as "will," "allow," "outlook," or the
negative of these terms, and other comparable terminology. 


Various risks and other factors could cause actual results, and actual events
that occur, to differ materially from those contemplated by the forward looking
statements, such as whether CapGain is able to meet price, performance, quality
and delivery requirements. Although CapGain believes that the expectations
represented by any forward-looking statements and forward-looking information
contained herein are reasonable based on the information available to them on
the date of this document, management cannot assure investors that actual
results, performance or achievements will be consistent with these
forward-looking statements or forward-looking information. CapGain undertakes no
obligation to update the information in this press release to reflect events or
circumstances after the date hereof or to reflect the occurrence of anticipated
or unanticipated events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CapGain Properties Inc.
Brian Knight
Chief Executive Officer
(847) 854-4213
bknight@capgain.ca

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