EXHIBIT 31.2

                            CERTIFICATION PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

         I, Carlos D. Carrillo, Chief Financial Officer (principal financial and
accounting officer) of Excellency Investment Realty Trust, Inc. (the
"Registrant"), certify that:

         1.     I have reviewed this Quarterly Report on Form 10-Q of the
Registrant for the three-month period ended March 31, 2008, as filed with the
Securities and Exchange Commission on the date hereof (the "Quarterly Report");

         2.     Based on my knowledge, this Quarterly Report does not contain
any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by
this Quarterly Report;

         3.     Based on my knowledge, the financial statements, and other
financial information included in this Quarterly Report, fairly present in all
material respects the financial condition, results of operations and cash flows
of the Registrant as of, and for, the periods presented in this Quarterly
Report;

         4.     I am responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
15d-15(e)) and internal control over financial reporting (as defined in Exchange
Act Rules 13a-15(f) and 15d-15(f) for the Registrant and have:

                (a) Designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under my supervision, to
ensure that material information relating to the Registrant, including its
consolidated subsidiaries, is made known to me by others within those entities,
particularly during the period in which this Quarterly Report is being prepared;

                (b) Designed such internal control over financial reporting, or
caused such internal control over financial reporting to be designed under my
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

                (c) Evaluated the effectiveness of the Registrant's disclosure
controls and procedures and presented in this report my conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this Quarterly Report based on such evaluation(the "Evaluation
Date"); and

                (d) Disclosed in this Quarterly Report any change in the
Registrant's internal control over financial reporting that occurred during the
Registrant's most recent fiscal quarter (the Registrant's fourth fiscal quarter
in the case of an annual report) that has materially affected, or is reasonably
likely to materially affect, the Registrant's internal control over financial
reporting; and

         5.     I have disclosed, based on my most recent evaluation of internal
control over financial reporting, to the Registrant's auditors and the audit
committee of Registrant's board of directors (or persons performing the
equivalent functions):

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                (a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the Registrant's ability to record,
process, summarize and report financial information; and

                (b) Any fraud, whether or not material, that involves management
or other employees who have a significant role in the Registrant's internal
control over financial reporting.



Dated: June 20, 2008                Signature: /s/ Carlos D. Carrillo
      --------------                          ----------------------------------
                                                   Carlos D. Carrillo
                                                   Chief Financial Officer
                                                   (principal financial and
                                                   accounting officer)