Announcement of Sale of Tristar

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

VANCOUVER, April 19 /CNW/ - Sunstone Opportunity (2007) Realty Trust (the "Trust), and Sunstone Opportunity (2007) Mortgage Fund (the "Fund") announced today that they have sold Tristar, located in Delta, British Columbia for $9,300,000 less standard closing costs and adjustments. The sale was completed on April 15, 2011. The Fund is returning $50 per $750 Mortgage Fund unit with the net proceeds from the sale.

The property was acquired by the Issuers in March 2007 for $8,700,000 plus standard closing costs and adjustments.

This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

SUNSTONE OPPORTUNITY (2007) REALTY TRUST
by its Trustee, SRAI Realty Services (2007) Inc.

"Darren Latoski"
President

SUNSTONE OPPORTUNITY (2007) MORTGAGE FUND
by its Trustee, SRAI Mortgage Fund (2007) Inc.

"Darren Latoski"
President

SOURCE Sunstone Opportunity (2007) Realty Trust

For further information:

please contact Darren Latoski at (604) 681-5959

Organization Profile

Sunstone Opportunity (2007) Realty Trust

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Sunstone Opportunity (2007) Mortgage Fund

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