RealtyTrac's Rick Sharga to Speak on Foreclosure Legislation at USFN Default Servicing Conference

IRVINE, CA– Real estate expert Rick Sharga, (top right photo) vice president of marketing at RealtyTrac™ (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, will speak at the annual 2008 USFN National Default Servicing Seminar and Technology Forum on Friday, June 6, at the Grand Hyatt in San Antonio, Texas.

Sharga is slated to speak about the latest foreclosure prevention legislation at a 9:00 a.m. panel discussion titled “In the News: Current Issues Affecting Default Servicing Industry.”

“The housing slump — accompanied by a surge in foreclosures — in the midst of a presidential election year has pushed foreclosure prevention legislation to the top of many politicians’ priority lists,” Sharga said.

“The U.S. House and Senate both recently passed legislation aimed at providing relief to homeowners facing foreclosure, and many states have passed or proposed similar measures. Many of the laws being considered, or already enacted, could have a significant impact on the default servicing industry.

"In addition, the Executive Branch has also attempted to address the issue via programs such as HOPE NOW and FHA Secure, which are designed to provide lifelines to distressed homeowners.”

For additional information on Sharga's topic and background on USFN, please contact Tammy Chan, Atomic PR, 415-402-0230, tammy@atomicpr.com

GVA Advantis Negotiates Purchase of 4211 Emerson St. for Florida Home Air Conditioning & Plumbing

JACKSONVILLE, FL – (June 3, 2008) – GVA Advantis has negotiated the purchase of 4211 Emerson Street in Jacksonville, Duval County , Florida for $831,500.00.

Senior Director Monte Merritt (top right photo) of GVA Advantis’ Jacksonville office, Executive Director Scott Nelson (photo at left) of GVA Advantis’ Atlanta office and Associate Director Muscoe Garnett of GVA Advantis’ Richmond, VA office exclusively represented the buyer, American Residential Systems, d/b/a Florida Home Air Conditioning and Plumbing, in the selection and purchase of this facility.

The seller, Smyrna, Georgia-based Bard Group, LLC, was represented by Grubb & Ellis Phoenix Realty Group.

“Our search for properties included all sites in Southside—J. Turner Butler Boulevard to the south,” states Merritt. “This facility had everything they were searching for, including the land size and an enclosed secured environment.”

The facility at 4211Emerson Street is a ±12,800 square foot single-story warehouse/distribution building situated on approximately 2.03 acres.

“The location and land size will allow Florida Home Air Conditioning and Plumbing to serve the growing Jacksonville area,” explains Bryan Craun, general manager.

“With the entire yard fenced we can have all 40 vans, trucks and equipment kept here on site in a secured environment,” he adds.

Media Contact: Lisa Hyde, 813 342 4752, lhyde@gvaadvantis.com

Perma-Fix Completes Sale of Tulsa Industrial Facility for Approximately $1.5M

ATLANTA, June 3, 2008 /PRNewswire-FirstCall/ -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) ("Perma-Fix") has completed the previously announced sale of one of its Industrial segment facilities located in Tulsa, Oklahoma, to A Clean Environment Company, Inc. ("ACE") for approximately $1.5 million in cash, subject to certain working capital adjustments during the third quarter of 2008, and the assumption of certain liabilities.

ACE is an environmental services company located in Wilson, Oklahoma.The sale of the Tulsa facility by Perma-Fix represents the third completed transaction in connection with Perma-Fix's plan to divest all or large part of its Industrial segment.

Perma-Fix has previously disclosed the completion of the sale of its Maryland and Dayton, Ohio, facilities within its Industrial segment.

Perma-Fix is a national environmental services company, providing unique mixed waste and industrial waste management services.

Perma-Fix has increased its focus on the nuclear services segment, which provides radioactive and mixed waste treatment services to hospitals, research laboratories and institutions, numerous federal agencies including DOE and the U.S. Department of Defense and nuclear utilities.

The Industrial segment provides hazardous and non-hazardous waste treatment services for a diverse group of customers including Fortune 500 companies, numerous federal, state and local agencies and thousands of smaller clients.

Please visit us on the World Wide Web at http://www.perma-fix.com/

CONTACT:

Dr. Louis F. Centofanti, Chairman and CEO, Perma-FixEnvironmental Services, Inc., +1-770-587-5155;

David K. Waldman-US InvestorRelations, Crescendo Communications, LLC, +1-212-671-1020 x101;

HerbertStrauss-European Investor Relations, +43 316 296 31, herbert@eu-ir.comWeb site: http://www.perma-fix.com/

Regency Centers to Audio Webcast Presentation at NAREIT Investor Forum

JACKSONVILLE, Fla.--(BUSINESS WIRE)--
Regency Centers Corporation (NYSE:REG) is scheduled to make a presentation at the National Association of Real Estate Investment Trust's REITWeek 2008 Investor Forum(R) on Thursday, June 5th at 9:30 a.m. ET.

The presentation will be broadcast live via audio webcast to all interested parties and can be accessed via a link posted on the Regency Centers' website: http://www.regencycenters.com/.

A replay of the webcast will also be archived on the site following the event.Regency Centers Audio Webcast Presentation
-------------------------------------------------------------
Date: Thursday June 5, 2008
Webcast Time: 9:30 a.m. - 10:05 a.m. ET
URL: http://www.regencycenters.com/
Page/Tab: Investor Relations / Webcasts & Presentations
Speaker: Martin E. (Hap) Stein, Jr. - Chairman & CEO (top right photo)

Contact: Regency Centers Corporation, Jacksonville, FL, Lisa Palmer, 904-598-7636, www.RegencyCenters.com

Marcus & Millichap Arranges Sale of $18.85M Self-Storage Portfolio in Ohio

COLUMBUS, OH– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services brokerage firm, has arranged the sale of the Storage Inns of America portfolio.

The 418,020-square foot, seven-property self-storage portfolio commanded a sales price of $18.85 million , representing $45.09 per square foot and a cap rate of 5.16 percentt cap rate.

Michael Mele, (top right photo) a vice president of investments in the Tampa office of Marcus & Millichap; and Adam Schlosser and Brett Hatcher, both investment specialists in the firm’s Columbus office, represented the seller, a Dayton-based private investor.

Sean Delaney and Jesse D. Luke, both self-storage investment specialists in the firm’s Oak Brook office, represented the buyer, a Mishawaka, Ind.-based investment group. The Indiana firm is rapidly acquiring self-storage assets throughout the Midwest.

“By adding this portfolio to its existing holdings, the new owner has obtained a large percentage of the Columbus self-storage market, achieving substantial economies of scale and receiving the enormous upside potential of continuing to lease-up the available space with better management and improved promotion of the sites,” says Schlosser.

“This deal showcases the ability of Marcus & Millichap’s unique platform to produce positive results. Because of Marcus & Millichap’s unique approach to brokerage and our ability to access capital nationwide, we were able to arrange the sale of this asset even during the current capital markets crisisIt’s the main reason why we are closing deals while most of our competitors are not,” addsed Mele.

(Downtown Columbus photo is at left)

“Using the firm’s collaborative approach, We were able to use a collaborative approach, using five brokers in three different offices across the country worked together on this transactione offices to get the desired results. At a time when all you hear is how bad the credit market is, we were able to securefind a buyer who was able to close this could close a deal with a significant amount ofquite a bit of upside built into the price.”

The Storage Inns of America Portfolio includes:

· 608-unit facility at 1330 Georgesville Road, Columbus
· 576-unit facility at 7200 Tussing Road, Reynoldsburg
· 570-unit facility at 9984 South Old State Road, Lewis Center
· 520-unit facility at 5199 Westerville Road, Columbus
· 460-unit facility at 5301 East Tamarack Circle, Columbus
· 426-unit facility at 580 East Dublin-Granville Road, Worthington · 342-unit facility at 1585 Lexington Ave., Mansfield

All of the facilities are located on, or exposed to major thoroughfares with ample frontage and are surrounded by strong market demographics in the Columbus MSA.

Each property is of similar construction: a single-level storage facility with standard drive-up, interior climate control, steel or brick exterior, metal framing, steel roof and concrete slab with asphalt driveway.

All locations feature exterior lighting, perimeter fencing with computerized-gate access, a manager’s office and attractive signage exposing the Storage Inns of America logo.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Trump Entertainment Rating Not Affected By Agreement To Sell Trump Marina

(Photo by Craig Allen of Getty Images)

NEW YORK, June 3, 2008--Standard & Poor's Ratings Services said today that its rating and outlook on Trump Entertainment Resorts Holdings L.P. (B-/Negative/--) are unaffected by the company's recent announcement that it has entered into an agreement with Coastal Marina LLC to sell the Trump Marina Hotel and Casino in Atlantic City, NJ.

(Donald J. Trump, chairman, Trump entertainment Resorts Holdings, is at top right photo.)

The sale price of $316 million is subject to potential adjustments around working capital and EBITDA performance prior to closing, and closing is subject to certain regulatory approvals.

Under the terms of the senior secured credit facility, which were amended in conjunction with the agreement to sell Trump Marina, the company is required to use the greater of $140 million or 50% of the aggregate net cash proceeds to acquire substitute collateral acceptable to the lenders within one year of the sale.

If acceptable substitute collateral has not been identified within one year, senior secured lenders may require the company to repay bank debt. We expect the other 50% of proceeds from the sale to remain on the balance sheet in the form of excess cash.

(For a complete copy of Standard & Poor's news release, please contact Mimi Barker, New York, 1 212 438 5054, mimi_barker@standardandpoors.com.

EastGroup Properties To Redeem Series D Preferred Stock

JACKSON, MS, June 2, 2008– EastGroup Properties (NYSE-EGP) today announced that it will redeem all of its 1,320,000 shares of 7.95% Series D Cumulative Redeemable Preferred Stock (NYSE: EGP PrD, CUSIP: 277 276 408).

The redemption will take place on July 2, 2008 at a redemption price of $25.00 per share plus accrued and unpaid dividends for the period from July 1, 2008 through and including the redemption date of $0.011 per share, for an aggregate redemption price of $25.011 per Series D Preferred Share, without interest.

For more information, please contact David H. Hoster II, President and Chief Executive Officer or N. Keith McKey, Chief Financial Officer at(601) 354-3555.

EastGroup Properties, Inc. press releases are available at http://www.eastgroup.net/press/pressreleases/www.eastgroup.net.
P.O. Box 22728, Jackson, MS 39225-2728
Telephone: 601/354-3555, Fax: 601/352-1441

Regency Centers Co-Investment Partnership Sells Mid-Atlantic Portfolio

JACKSONVILLE, FL--(BUSINESS WIRE)-- Regency Centers (NYSE:REG), a national owner, operator and developer of grocery-anchored and community shopping centers, along with the company's co-investment partner, Macquarie CountryWide of Australia, announced today that the partnership has sold seven properties, the "Mid-Atlantic portfolio."

The properties were sold to a joint venture between Spectrum Partners and Angelo Gordon. The Washington DC CBRE team of Bill Kent and Gary Lawrence represented Regency and Macquarie CountryWide. The purchase price for the portfolio was $108.1 million and a cap rate of 7.75%.

Barry Argalas, (top right photo) Regency Centers senior vice president of National Acquisitions and Dispositions said, "We are pleased that Regency Centers and its co-investment partner successfully completed this portfolio sale in a difficult capital market environment.

"The disruption in the capital markets has not only impacted new debt, it has also lengthened the loan assumption process. This was a great example of buyer and seller working together to get through the extended loan assumption process and achieve a successful result.

"The Regency Centers and Macquarie co-investment partnership is currently in the market with properties and will continue to sell properties throughout the year as part of the organization's capital recycling strategies," he said.

Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. At March 31, 2008, the Company owned 450 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 60 million square feet located in top markets throughout the United States. Since 2000,

Regency has developed 189 shopping centers, including those currently in-process, representing an investment at completion of nearly $3.0 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.

Contacts:

The Hoffman Agency, Bonnie Hayflick, 904-398-9663, bhayflick@thehoffmanagency.com

or
Regency Centers, Barry Argalas, Sr., Vice President National Acquisitions
and Dispositions, 904-598-7464, bargalas@regencycenters.com
or
Lisa Palmer, Sr. Vice President Capital Markets, 904-598-7636
lpalmer@regencycenters.com

Concord Hospitality Appoints William G. Gant GM of Renaissance Raleigh at North Hills

Hotel Veteran Will Open Flagship Hotel as Anchor of $2 billion Mixed-Use Development

RALEIGH-DURHAM, N.C.—Concord Hospitality Enterprises, one of the nation's top-ranked hotel developer/owner/operators, has named William G. Gant (top right photo) general manager of the 229-room Renaissance Raleigh at North Hills, (rendering above) based in Raleigh, North Carolina.

The full-service, four-star property, scheduled to open in November, will be the centerpiece of Raleigh’s North Hills development,(middle right photo) a $2 billion, mixed-use venue that includes 730,000 square feet of retail, dining, entertainment, business and residential space.

North Hills is located at the intersection of Six Forks Road and the Interstate 440 Beltline. Concord is currently developing the hotel and will manage it upon its completion.

A 21-year veteran of the hotel industry, Gant has extensive experience with Renaissance, a Marriott hotel brand. He was the assistant general manager at Concord’s Renaissance Meadowlands, (bottom left photo) located at New Jersey’s Meadowlands, 700-acre entertainment complex.

Prior to joining Concord, he held leadership positions with Renaissance and Marriot International. Before coming to the Raleigh property, Gant was the general manager at Concord’s historic Clinton Inn in Tenafly, New Jersey.

“Bill Gant’s extensive experience with the Renaissance brand and multi-use venues will give us a major leg up as we position this hotel as a destination property for business and leisure travelers,” said Mark Laport, (top left photo) president and CEO of Concord.

“This will be the only four-star property in the Raleigh area, but it also has a boutique feel, giving it a broad range of appeal.

“The Renaissance is our first development in Raleigh since moving our corporate headquarters here in 2003,” Laport added. “Bill has the skills, experience and knowledge to make this property a recognized leader in our hometown, something we are proud to have here.”

The Renaissance’s 229 guest rooms will include six luxury suites and a presidential suite.

The hotel offers 8,000 square feet of meeting space, and guests will have access to the adjoining Natural Body Spa and the 50,000-square-foot Gold’s Gym athletic club nearby in North Hills.

Concord Hospitality Enterprises Company, an award-winning hotel management and development company based in Raleigh-Durham, N.C., manages 51 hotels with over 6,000 guest rooms in 11 states and two Canadian providences under such well-known brands as Renaissance, Marriott, Courtyard by Marriott, Residence Inn by Marriott, Fairfield Inn and Suites by Marriott, SpringHill Suites by Marriott, Hilton Garden Inn, Hampton Inn and Suites, and an independent boutique hotel.

Formed in 1985, the company was recently listed as one of the top management companies in the nation. Concord properties are some of the most awarded hotels in the country, having won nearly 30 honors in the past two years alone.

For more information, visit http://www.concordhotels.com/.


CONTACTS:

Jerry Daly or Melanie Boyer, Account Executive, Daly Gray Public Relations, (703) 435-6293

Hotel Brokers International Adds New Members to Worldwide Network

Buffalo and St. Louis-based Hotel Brokers Join Organization

KANSAS CITY, MO—Hotel Brokers International (HBI), the nation’s largest brokerage organization with more than 30 offices from coast to coast, announces two new members have been elected to the organization: Buffalo Hotel Realty, LLC, headquartered in suburban Buffalo, N.Y., and Cape Girardeau, Mo.-based CRES Hotel Brokers.

The two firms’ principals, Larry Best (middle left photo) and David Donley (top right photo), bring more than 50 years of combined hotel and real estate experience.

“Their upstate New York and southeast Missouri office locations further diversify our organization geographically, and give our members greater ‘on-the-ground’ insights,” said H. Brandt Niehaus, (middle right photo) CHB, of Huff, Niehaus & Associates, Inc.

“Larry and David have extensive hotel and real estate backgrounds that reflect the integrity and accomplishment that are characteristic of HBI. Both have proven track records of successful hotel real estate sales and industry knowledge that will augment our current membership. Their savvy and skill will serve as valuable resources to HBI and their clients.”

Before acquiring Buffalo Hotel Realty in 2006, Best worked in a variety of hospitality industry segments, including sales and marketing and design and construction. “His extensive background in hotel construction and understanding of hotel operations give his clients – both buyers and sellers—an added dimension in hotel real estate,” Niehaus noted.

“He is rapidly establishing a strong track record,” he added. “Recent sales comprise mid-market hotels with and without food and beverage, including a full-service Holiday Inn and a Comfort Inn.”

Donley is the owner and president of CRES Hotel Brokers, as well as two sister divisions in commercial and residential real estate. With more than 20 years experience in commercial real estate, he is a lifetime member of the Realtors Million Dollar Club and has received the Masters Club Award and the Pinnacle Level Award of Excellence.

“David has a broad background in all aspects of real estate, as well as hotels, which will help his clients in locating properties that have greater growth potential,” Niehaus said.

Recent transactions include several Holiday Inn Express hotels, LaQuinta Hotel and a Comfort Inn in a number of Midwestern states. Additional information about CRES Hotel Brokers is available at http://www.creshotelbrokers.com/.

Contacts:
Glenda Webb, Hotel Brokers International, (816) 505-4315

Melanie Boyer, Account Executive, Daly Gray Public Relations, (703) 435-6293

Southern Commercial Completes 18,000-SF Lease Renewal

ORLANDO, FL-- Principals Tom McFadden, SIOR and William “Bo” Bradford, CCIM, SIOR of Southern Commercial Real Estate Advisors have completed an 18,000 square foot lease renewal with Exide Technologies at 4677 LB McLeod in Orlando. McFadden and Bradford represented the landlord, FGHP Properties.

CONTACT:
Celeste MacKenzie, 321 281 8503, cmackenzie@southerncommercialre.com

HFF Places $18.7M Permanent Loan with Freddie Mac for Corpus Christi, TX Multifamily Community

DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) has placed an $18.7 million permanent loan with Freddie Mac for Reserve at Saratoga,(photo above) a Class A multifamily community in Corpus Christi, Texas.

Managing director Andy Scott (top right photo) worked exclusively on behalf of Peek Howe Real Estate to arrange the seven-year, fixed-rate financing. Founded in 1993, Peek-Howe Real Estate specializes in the development, acquisition, disposition and management of commercial real estate properties.

The Reserve at Saratoga is located at 5701 Saratoga Boulevard close to the Corpus Christi Naval Air Station and South Padre Island, as well as several new medical complexes, a new high-end retail neighborhood, and the Corpus Christi Country Club and golf course.

Completed in 2006, the property is 98% occupied and has 274 units that have an average unit size of 834 square feet. Community amenities include a luxury clubhouse, indoor basketball court and a “resort-style” swimming pool.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.

CONTACTS:

J. Andrew Scott, HFF Managing Director, 214 265 0880, ascott@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing 617 338 0990, lmcdowell@hfflp.com