PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Kristen Burney
PMRG | PM Realty Group
(713) 209-5910
kburney@pmrg.com

FOR IMMEDIATE RELEASE

Feb 24, 2006

ROGER GREGORY PROMOTED TO EXECUTIVE VICE PRESIDENT FOR PM REALTY GROUP

HOUSTON - Rick Kirk, president and chief executive officer for PM Realty Group (PMRG), announced that Chief Financial Officer (CFO) Roger Gregory has been promoted to executive vice president for the nationwide, full-service commercial real estate firm. Gregory has been with PMRG for four years.

Gregory will expand upon his previous role as senior vice president and CFO, overseeing all financial, accounting, information technology and treasury functions for PMRG and its affiliates. He will be responsible for joint venture and equity alliances as well as play an integral part in formulating and directing the company's strategic initiatives. Most recently, he co-directed PMRG's partnership with Americus Real Estate Investments in 2005 to launch Americus Fund II, a real estate investment fund targeting government-leased office buildings for acquisition.

"Roger is a passionate and dedicated employee who has played an important role in helping shape the vision for our company," Kirk said. "This is a well-deserved promotion."

Prior to joining PMRG in 2002, Gregory spent eight years at Arthur Andersen in Houston, rising to senior real estate manager. In addition to his PMRG responsibilities, Gregory expects to complete a master's of business administration from Northwestern University's Kellogg School of Management in June of this year.

About PM Realty Group

Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.

PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.

Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com.