NEWS RELEASE 5.22.2008

FOR IMMEDIATE RELEASE

Barry Gross, Principal of Strategic Land Advisors, to Speak at Premier Real Estate Investment Forum in New York City

IRVINE, Calif. – May 27, 2008 – Strategic Land Advisors announced today that one of its principals, Barry Gross, is speaking this week at the Ninth Annual U.S. Real Estate Opportunity & Private Fund Investing Forum in New York City.

The two-day event at the Grand Hyatt New York is expected to draw 1,500 high-level real estate fund representatives, investors and finance professionals. It will showcase cutting edge strategies to maximize returns in this highly competitive and rapidly changing market.

Mr. Gross will participate in a panel discussion entitled, “Residential Distress: Can You Capitalize on a Down Market?” The session will look at how the residential market turmoil is seeping into commercial markets and will seek to answer the following questions from a real estate financing perspective:

• How much will values drop: 15%? 20%? More?

• Latest homeowner equity data: A good indication of continued distress?

• When will the housing market hit bottom?

• What types of opportunities are being created by weakness in the housing market?

• Are you stuck with land?

The panel also includes top-level owners and managers at the following firms: Reznick Group, PC; Janko Group; O’Connor Capital Partners; XE Capital Management, LLC; and New Condos Online.

The U.S. Real Estate Opportunity & Private Fund Investing Forum from May 27-28 is sponsored by the Information Management Network, global organizers of institutional finance and investment conferences. This year’s event showcases the investment strategies being employed by the leading Real Estate Funds to maximize returns in this highly competitive and rapidly changing market. For more information on the event, go to www.imn.org or call 212-768-2800.

About Strategic Land Advisors

Strategic Land Advisors is a real estate firm based in Irvine, Calif., that specializes in helping major landowners, such as banks, developers and investors make an informed decision on the disposition of development property. Our proprietary method of market research, cost analysis and analytical simulations integrates the cost of land development with anticipated revenues to maximize profit and reduce risk.

For more information, please call 949-748-6708.