Cindy Pfeifer Named Lane Company President

ATLANTA, GA, – Real estate veteran Cindy Pfeifer (top right photo)  has been named president of Atlanta-based multifamily firm Lane Company.

She will work with the firm’s current executive team to implement new strategies to capitalize on market opportunities. Founder George Lane (middle left  photo) retains the position of CEO and Chairman of the Board.

“Cindy is uniquely qualified to lead Lane Company through this period of our history,” Lane said. “Her decades of experience through several up and down economic cycles will help us identify new opportunities to grow the business.”

Pfeifer consulted with Lane Company for several months before accepting the post. This helped her get to know the firm and gain insight into its operations.

“Lane Company not only has a fabulous reputation, but it is continuing to grow,” Pfeifer said. “We’re going to aggressively seek market opportunities with various new capital resources.

"Plus, the property management arm – Lane Management – is unsurpassed in service to both residents and owners. Its president Rob Couch is doing a tremendous job and I look forward to working with him and the rest of the executive team.”

During her successful 25-year career, she served in a variety of leadership positions in some of the most successful real estate companies in the Southeast.

She was most recently the Chief Operating Officer/Chief Investment Officer of Place Properties, one of the top multifamily companies in the country, where she oversaw the placement of more than $250 million of investor equity while leading the development, construction, acquisition, property management and asset management teams.

Before that, she was a partner and Chief Financial Officer for Carter, the largest full service commercial real estate company in Atlanta for more than 20 years.

Contact: Terri Thornton, 404-687-8760, 404-932-4347 (Cell), www.TerriThornton.com

Bill Stahlke to Head Lane Co.’s Acquisitions Efforts

ATLANTA, GA (July 17, 2009) – Atlanta-based multifamily real estate firm Lane Company has named Bill Stahlke (top right photo) President – Investments at Lane Strategic Investment, LLC. His responsibilities include developing Lane Company’s acquisition strategy and overseeing all of the firm’s acquisitions.

Lane Company’s primary equity partner is Lubert-Adler Partners, L.P. The firms announced earlier this year that Lubert-Adler will provide $250 million for the acquisition, rehabilitation and repositioning of distressed properties, or properties held by distressed sellers. Initially the firm will focus on opportunities in the Southeast and Southwest.

Stahlke came out of retirement to take the position. Before his retirement, he was President of Windsor Capital Partners (now known as The Shoptaw Group), an investment firm which acquired large apartment communities for institutional pension funds and high net worth individual clients.

He also served as President of Executive Capital Corporation, where he oversaw all capital transactions including the acquisition, financing, rehabilitation and sale of apartment communities in 13 states.

He has also been a long-time volunteer and fundraiser for two nonprofit organizations, HOPE for Children, which focuses on adoption services, and HOPE for Kids, which concentrates on mentoring and educating inner city children. He is also Chief Financial Officer and member of the Board of Directors of Gift for a Child, Inc. a non-profit organization focused on raising awareness and finding permanent homes for children in the foster care system.
He graduated with Honors from the University of Illinois in 1980 with a B.S. in Accountancy.

Media Contact: Terri Thornton, Thornton Communications, 404-932-4347 Terri@TerriThornton.com

Lane Company Restructures Top Management

ATLANTA, GA, Jan. 13, 2008 – Lane Company, an award-winning multifamily real estate firm, today announced a change in the firm’s top leadership.

Chairman and company founder George Lane (top right photo) is returning as CEO.

The current CEO, Bill Donges, (bottom left photo) will assume an executive advisory role.

“Bill’s done a great job shepherding us through a strong period of growth,” Lane said. “But unfortunately the real estate market is in a deep contraction.

"While we want him to be free to pursue other opportunities, we are asking him to stay on as an advisor, and to continue to represent us as our ambassador to the real estate community as a whole, including the national trade associations.”

“Working with everybody at Lane Company has been a great experience, but it’s time to get back to basics,” Donges said. “This really is a company with a heart.

"Given the contraction of the capital markets, it’s appropriate for just one person to be both chairman and CEO. George is ready to take the reins again, and I’m going to help any way I can.”

Donges is the incoming Chair of the National Association of Home Builders Multifamily Leadership Board, and is on the board of the National Multi-Housing Council.

He joined Lane Company in 2002 as Chief Operating Officer. He was promoted to CEO in 2005 when George Lane assumed the post of Chairman. During his tenure he spearheaded intensive strategic planning which united several disparate companies into one united Lane Company.

He also increased emphasis on technology, training and safety, while guiding the firm through an expansion into the Mid-Atlantic states, Texas and Florida.

Both Lane and Donges emphasize that Lane Company remains strong in property management and asset management, and is continuing to pursue acquisitions and new development.

Media Contact: Terri Thornton, Thornton Communications, 404-932-4347 Terri@TerriThornton.com

Lane Co. Breaks Ground on New Atlanta Apartments

Construction Begins on "No. 10 Park" New Apartments Underway on Perimeter Center East

ATLANTA, GA (May 12, 2008) – Construction has begun on Lane Company's newest development, "No. 10 Park." (rendering above) The $60 million upscale rental community is in the rapidly-growing Central Perimeter area, a prime hub of business and retail activity.

"The Perimeter area is one of the strongest markets in the Metro Atlanta area," said John Bell, (top right photo) Development Partner for Lane Southeast, LLC. "Low apartment vacancies and strong job growth will mean a continued demand for luxury apartments," he added.

Located on Perimeter Center East near Perimeter Mall, (photo at left below) No. 10 Park will have 312 one and two bedroom apartments. Luxury amenities will include a resort-style pool with a sundeck and cabana. The clubhouse will feature a 24-hour state-of-the-art fitness center, WiFi Internet café, conference room and open theater-style kitchen available for resident gatherings.

Exteriors of the contemporary-style five-story building will include landscaped courtyards with seating areas, fountains and gardens. Covered parking will be concealed from public view.

"It's just a stone's throw from Perimeter Mall, so upscale shopping and dining are close at hand," said Development Manager Jeff Sherman. "We're building a truly walkable community."

No. 10 Park is within one-half mile of I-285 and less than two miles from Ga. 400. The proximity to the highways will make it easy to get to Downtown, Alpharetta and Cobb County; it also is within a few miles of a MARTA rail station.

The two equity partners for the development are Eagle Realty Group (a real estate investment management firm and member of W&SFG) and an affiliate of WLD Enterprises Inc. Guaranty Bank is the lender. Lane Realty Construction, LLC is the general contractor.

Lane Management, LLC will lease and manage the completed apartments. The Preston Partnership is the architect. The first residents are expected to occupy their new homes in summer of 2009, followed by full completion in the fall. Lane Company's other recent projects include several apartment communities and condominium developments in Atlantic Station,(photo at right above) the popular live/work/play community in Midtown Atlanta.

In cooperation with The Dawson Co., Lane Southeast is constructing the eon at Lindbergh condominiums, as well as a mixed-use development, in the fashionable Buckhead community. Lane Northeast is building The Quarter, another large mixed-use community, in Towson, Maryland. Many more projects are in the pipeline.

Lane Company (http://www.lanecompany.com/) is a vertically-integrated, full-service multifamily real estate company. Its expertise extends to all areas of real estate including apartment and condominium development, investment, property management, construction, asset management, marketing and sales.

With over 30 years experience, Lane Company is recognized as one of the most innovative, efficient and technologically-advanced firms in the multifamily industry. Its goal is to make big things happen by connecting people and communities one home at a time.

Media Contact:

Terri Thornton,

Thornton Communications,

404-932-4347 territhornton@mindspring.com

404-687-8760

404-932-4347 (Cell)

http://www.territhornton.com/

Lane NE Division Partner Bill Brown to Seek Development Opportunities in Philly and Baltimore

ATLANTA, GA, March 11, 2008-- Bill Brown (photo top right) has joined Lane Northeast, a subsidiary of multifamily real estate firm Lane Company, in the newly-created position of Division Partner.

He will be responsible for new development in an area spanning the metro Philadelphia market, southern New Jersey, Delaware and northern Maryland, including Baltimore.

"Bill has a long standing track record as a successful developer of quality multifamily

developments in the Philadelphia and Baltimore markets, as well as other areas," said Jeff Price, (photo at left) Lane Company's Northeast Regional Partner and President of Lane Northeast. "Bill will help Lane Northeast reach into the Philadelphia market while expanding our platform in Maryland," he added.

Brown was most recently a Development Partner with Oxford Properties. Over his career, he has participated in the development of almost 14,000 units, and held high-level posts with leading firms including Toll Brothers, The Morgan Group and Summit Properties. He lives in the Philadelphia area, where he recently completed two projects.

For over a decade, he lived in Baltimore; he developed a number of properties there, as well as in Wilmington, Delaware and the Philadelphia area."Philadelphia and Baltimore are both excellent, highly-rated markets for continued investment and steady growth," Brown said. "Like much of the Washington to New York corridor markets, these areas are defined by niche opportunities and high barriers to entry."

Lane Northeast currently has an office in Towson, Maryland, where it is building the first phase of The Quarter, a residential development across from Towson Town Center Mall. The first residents are expected to move into Phase I, which includes 150 upscale condominiums and 280 upscale apartments, this fall. When fully complete, The Quarter will have a total of 900 residences for sale and rent.

"The Quarter is a great example of Lane's expanding commitment to the region," Price said. Lane Northeast maintains offices regionally in New Jersey, Maryland and Virginia.Also, last year Lane Company acquired the Munsey, a historic 18-story apartment building in downtown Baltimore. The firm also manages several Maryland apartment communities.

Brown earned his Bachelor of Science degree from Washington & Lee University. He can be reached at bbrown@lanecompany.com.

About Lane Company

Lane Company (www.lanecompany.com) is a vertically-integrated, full-service multifamily real estate company. Its expertise extends to all areas of real estate including apartment and condominium development, investment, property management, construction, asset management, marketing and sales.

With over 30 years experience, Lane Company is recognized as one of the most innovative, efficient and technologically-advanced firms in the multifamily industry. Its goal is to make big things happen by connecting people and communities one home at a time.

Media Contact:

Terri Thornton,

Thornton Communications,

404-932-4347

territhornton@mindspring.com_