Cohen & Steers Announces Change in Global Realty Majors Portfolio Index

[03-February-2012]

	NEW YORK, Feb. 3, 2012 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) announced today a pending change to its Global Realty Majors Portfolio Index (GRM) effective at the close of business on February 17, 2012. Component change:   Deletion and Replacement Index Name:              Cohen & Steers Global Realty Majors Portfolio Index Index Symbol:            GRM Calculation method:   Free-Float Adjusted Modified Capitalization Weighted Index     Deleted component symbol:     FDR FP Deleted component name:         Fonciere des Regions     Replacement component symbol:   SHB LN Replacement component name:     Shaftesbury PLC The Global Realty Majors Portfolio Index is a free-float adjusted, modified market-cap-weighted total return index of selected real estate equity securities. It is quoted intraday on a real-time basis by the Chicago Mercantile Exchange under the symbol GRM. The index's free-float market capitalization approach and qualitative screening process emphasize companies that the Cohen & Steers Index Committee believes are leading the securitization of real estate globally. GRM can be used as an indexing benchmark, stock selection universe, underlying index for derivative instruments or performance benchmark. All index weightings are independently calculated by Standard & Poor's. SOURCE Cohen & Steers, Inc.
	Company Codes: EuronextParis:FDR, LSE:SHB, NYSE:CNS

Rouse Properties, Inc. Sets Record Date for Rights Offering

[03-February-2012]

	NEW YORK, Feb. 3, 2012 /PRNewswire/ – Rouse Properties, Inc. (NYSE: RSE) ("Rouse" or the "Company") announced today that the record date for its previously announced rights offering of common stock has been set for the close of business on February 13, 2012. Holders of the Company's common stock as of 5 p.m. on the record date will be entitled to receive one right per share of common stock owned. Each right will entitle its holder to purchase 0.375094056 shares of the Company's common stock at a price of $15.00 per whole share. The Company previously filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-11 relating to the rights offering. The distribution of the transferable subscription rights is subject to the effectiveness of the registration statement. The Company will announce additional information regarding the terms of the rights offering when the information is available. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The offering will be made only by means of a prospectus which is a part of such registration statement.  About Rouse Properties, Inc. Rouse is a publicly traded real estate investment trust headquartered in New York City and founded on a legacy of innovation and creativity. Among the country's largest publicly traded regional mall owners, the Company's geographically diverse portfolio spans the United States from coast to coast, and includes 30 malls in 19 states encompassing approximately 21 million square feet of space. For more information, visit rouseproperties.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of federal securities laws, including statements regarding expectations that are not historical facts.  Rouse cautions that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including changes in market conditions, unanticipated developments, competitive conditions, and other risk factors that Rouse identifies in its Form S-11 registration statement and other filings that it makes with the Securities and Exchange Commission from time to time. Any of these factors could cause actual results to differ materially from the expectations expressed or implied in this press release. Rouse undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. CONTACT: Rebecca Stenholm, 212.608.5108 SOURCE Rouse Properties, Inc.
	Company Codes: NYSE:RSE

Concierge Auctions to Sell Premier Residences at Auction Within Exclusive Mountain Resort Communities in Big Sky, Montana Four homes in Yellowstone Club and Spanish Peaks to sell at auction on March 2nd

[03-February-2012]

BIG SKY, Mont., Feb. 3, 2012 /PRNewswire/ – Four luxury mountain residences located within the prestigious Yellowstone Club and The Club at Spanish Peaks – two exclusive gated communities with superior amenities including private ski and golf resort access – will sell during a live auction on March 2nd, Concierge Auctions has announced. The auction will be conducted in cooperation with Rivers To Peaks Real Estate ~ Big Sky Real Estate. "The seller developed these idyllic vacation homes ideally situated in the heart of the most luxurious amenities these communities offer," stated Martha Johnson, listing agent with  Rivers To Peaks ~ Big Sky Real Estate. "The seller believes this is the time to sell and we're looking to achieve this goal by working with Concierge Auctions. In just a few short weeks we'll be heading to auction and look forward to closings within 30 days thereafter." One of the four residences is located within the Yellowstone Club, one of the world's only ski and golf communities. Originally listed for $4.995 million, the four bedroom, six bathroom residence contains approximately 4,806 square feet of living space including multiple living rooms, great outdoor entertaining areas and private ski bridge access. The Yellowstone Club's extensive amenities include over 2,200 private skiable acres, a Tom Weiskopf-designed golf course, several dining options, state-of-the-art fitness facilities, retail shops, a business center, endless outdoor activities and a youth center with a rock climbing wall, movie theater, basketball court, arcade games and more.  The remaining three residences are located within Spanish Peaks, a 5,700-acre ski and golf community, adjacent to the slopes of Big Sky Resort Biggest Skiing in America™ and also home to a Tom Weiskopf-signature golf course. These properties were originally listed from $2.48 million to $3.2 million. Pioneer Cabin 18 is a furnished five bedroom, six and a half bathroom residence with approximately 3,423 square feet including a detached, two-car garage. Both Discovery Cabins 14 and 15 also have five bedrooms, six and a half bathrooms but with attached, two-car garages. Both contain approximately 3,514 square feet each. All residents at Spanish Peaks enjoy private fairways, secluded slopes, recreational trails, elegant dining and a 32,000-square-foot clubhouse. "We're excited to be back in Montana, continuing our presentation of the most motivated sellers in the most ultimate destination resorts nationwide," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "From the Four Seasons Resort Hualalai in Kona, Hawaii to The Bear's Club in Jupiter, Florida and now the Yellowstone Club and Spanish Peaks, Concierge Auctions is dedicated to presenting the best opportunities for today's discerning buyers to live the premier resort lifestyle." Big Sky is located approximately midway between West Yellowstone and Bozeman in the southwestern part of Montana. Both the Yellowstone Club and Spanish Peaks offer the ultimate in exclusivity and are minutes from Yellowstone National Park, which reaches beyond 2.2 million acres. In addition to skiing and golf, residents and visitors also enjoy mountain biking, fishing, snowmobiling, horseback riding, rock climbing and white water rafting. The closest airport is Gallatin Field Airport, located about 50 miles south in Belgrade. The auction of the residences at Yellowstone Club and Spanish Peaks will be held on March 2nd. Bidders will be able to participate in person or proxy via telephone or Internet. A 2% and 3% commission is offered to the buyers' representing brokers for the Yellowstone Club and Spanish Peaks sales, respectively. The properties are available for preview daily by appointment. For more information visit www.BigSkyAuctioncom or call 800-211-1785. About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories.  The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years.  For more information, call 888-966-4759 or visit ConciergeAuctionscom. SOURCE Concierge Auctions

Brambleton Recognizes Go Bananas’ Commitment to Community Service Brambleton Town Center tenant donates to Inova Loudoun Hospital pediatrics ward

[03-February-2012]

LEESBURG, Va., Feb. 3, 2012 /PRNewswire/ – Brambleton, an award-winning master-planned community located in Loudoun County, Virginia and the 6th top-selling community in the US, recognizes today the Brambleton Town Center tenant, Go Bananas, for their commitment to community service. The locally owned and operated toy store along with Brambleton Group L.L.C. donated $750 worth of stuffed animals to the pediatrics ward of Inova Loudoun Hospital in Leesburg, VA. (Logo: http://photos.prnewswire.com/prnh/20120106/PH31398LOGO ) "We couldn't be more proud to have tenants who are passionate about serving their community," said Kim Adams, Director of Marketing at Brambleton. "Community service is a central value of the Brambleton community and we encourage all of our tenants and residents to follow the example of Go Bananas and get involved." "Since we owe our success to the community we live in, it's important that we give back locally," said Mary Holmes, Owner of Go Bananas. "We are grateful to Brambleton for helping to connect us to those in need and for continuing to promote the importance of community service." About Go Bananas: With two locations in Loudoun County, Go Bananas is a locally owned and operated specialty toy store that provides quality, educational toys for all ages. Go Bananas was awarded 2008 Small Business of the Year and Retailer of the Year from the Loudoun County Chamber of Commerce and was voted Best Toy Store in 2009 by Northern Virginia Magazine. For more information visit http://www.gobananastoys.com/ or follow Go Bananas on Facebook. About Brambleton: Brambleton is an award-winning master-planned community located in Loudoun County, Virginia. Brambleton encompasses nearly 2,000 acres and 8,181 single-family homes, townhomes, and condominiums. Brambleton is owned and operated by Soave Real Estate.  For information about the community, please call (703) 722-2864 or visit www.brambleton.com.  Follow Brambleton on Facebook and Twitter. About Soave Enterprises: Soave Enterprises is a diversified management and investment company founded by Detroit businessman Anthony L. Soave. Soave Enterprises provides strategic planning, financial and other management resources to its affiliated business ventures.  Recently, Forbes Magazine ranked Soave Enterprises as the 251st largest privately held company in the United States. For more information visit www.soave.com. Contact: Stephanie Orton Lynch   Director of Public Relations | Delucchi Plus   202.248.5855 | slynch@delucchiplus.com   SOURCE Brambleton

Foundation Financial Group Inks Major Acquisition

[03-February-2012]

JACKSONVILLE, Fla., Jan. 31, 2012 /PRNewswire/ – Foundation Financial Group's insurance division has acquired B&R Insurance, securing its Florida customers who have personal and commercial insurance policies. The acquisition means that B&R Insurance customers will now have access to Foundation Financial Group's wide array of additional financial products and services such as mortgage lending, life insurance, retirement services, personal taxes and corporate tax services. Financial terms of the acquisition were not disclosed. "Foundation Financial Group's growth strategy is best described as organic," said Subsidiaries COO David Gueterman. "When you offer customers quick turnaround times, competitive pricing with stellar service and hire the best employees, growth naturally occurs. Our growth strategy also includes acquiring great companies like B&R Insurance, who are a natural fit for Foundation Financial Group because they share our deep commitment to customer service and complement our existing financial services." About Foundation Financial Group Foundation Financial Group, one of the nation's fastest-growing financial services companies, specializes in mortgage lending, refinancing, property and casualty insurance, life insurance, retirement services, personal taxes and corporate tax services. Foundation Financial Group operates seven regional centers in Atlanta; Charlotte, N.C.; Dallas; Jacksonville, Fla.; Raleigh, N.C.; Rochester, N.Y.; and Savannah, Ga., as well as a branch network of retail storefronts in Dayton, Ohio; Indianapolis; Kansas City, Mo.; Toledo, Ohio; and St. Paul, Minn. Foundation Financial Group offers mortgage refinancing and home lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group earned an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives and an industry-leading Federal Housing Administration compare ratio. For more information about Foundation Financial Group, call 866-334-1001. For additional information, interview and image requests, contact public relations firm, AXIA, at 866-999-2942, ext. 700. Media Contact: Marjorie Comer AXIA Public Relations for Foundation Financial Group 904-425-6652 ext. 700   SOURCE Foundation Financial Group

UMH Properties, Inc. Announces New Mortgage Loan

[03-February-2012]

	FREEHOLD, N.J., Feb. 3, 2012 /PRNewswire/ – UMH Properties, Inc. (NYSE Amex:UMH) today announced that it has entered into a new $11,400,000 mortgage loan with Bank of America, N.A. to refinance two manufactured home communities located in Tennessee and Ohio.  This mortgage is at a fixed all-in rate of 4.39%, with monthly principal payments of $26,113.  The maturity date is February 1, 2017 but may be extended for an additional two years at an interest rate of LIBOR plus 3.25%.   Samuel A. Landy, President, stated, "We are very pleased with this new financing and look forward to continuing our long and mutually beneficial relationship with Bank of America." UMH Properties, Inc., a publicly owned REIT, owns and operates forty-one manufactured home communities with approximately 9,000 total home sites located in Indiana, New Jersey, New York, Ohio, Pennsylvania, and Tennessee.  In addition, the Company owns a portfolio of REIT securities. SOURCE UMH Properties, Inc.
	Company Codes: AMEX:UMH

Orlans Associates, P.C. and eTitle Agency Engage Cody High School Students for National Groundhog Job Shadow Day

[03-February-2012]

TROY, Mich., Feb. 3, 2012 /PRNewswire/ – Students from Cody High School Medicine & Community Health Academy saw what it's like to be real estate attorneys, managers and network engineers for the day when Orlans Associates, P.C. and eTitle Agency, Inc. hosted the students for the National Groundhog Job Shadow Day February 2, 2012. (Logo: http://photos.prnewswire.com/prnh/20111220/DE23916LOGO ) (Logo:  http://photos.prnewswire.com/prnh/20111103/DE99549LOGO ) National Groundhog Job Shadow Day is coordinated locally by the United Way for Southeastern Michigan and Junior Achievement. The program helps high school students gain greater understanding about the skills and education required for a myriad of careers. The Cody students not only saw a day in the life of an attorney and how IT helps companies run, they got some insight into how to buy a home, and what the "title" part of eTitle really means. In addition, they took a tour of the headquarters and practiced their networking, interview skills and the correct way to build a resume and write a cover letter. They were one of 14 groups of students from United Way Turnaround schools shadowing employees at 15 Metro Detroit companies.  Founded by Linda Orlans, Orlans Associates and eTitle often collaborate on projects for Junior Achievement of Southeastern Michigan, where Orlans serves on the Advisory Board.  "Job Shadow Day is an important initiative for our community, and we're proud to be one of the 15 companies participating this year," Linda Orlans said. "The growth of Metro Detroit will continue with young adults nurtured by programs like JA that gives students the tools and inspiration they need to work and thrive when they enter the workforce." About Orlans Associates:  Headquartered in Troy, Michigan, Orlans Associates, P.C. was founded in 1998 and specializes in residential mortgage services. About eTitle: Headquartered in Troy, Michigan, eTitle was founded in 2000 and provides title and closing services for residential, commercial and REO property transactions throughout Delaware, District of Columbia, Maryland, Massachusetts, Michigan, New Hampshire, Rhode Island and Virginia.   About Junior Achievement: Since 1949 Junior Achievement of Southeastern Michigan has been dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, Junior Achievement of Southeastern Michigan reaches 37,000 students per year in ten counties with the help of 1,300 volunteers. Visit www.jamichigan.org for more information. About the United Way: United Way for Southeastern Michigan mobilizes the caring power of Wayne, Oakland and Macomb counties to improve lives in measurable and lasting ways throughout the region. The organization is led by a diverse group of volunteers from business, labor, government, human services, education and the community. United Way provides opportunities to invest in the metropolitan Detroit community through its annual Campaign and is a leader in convening partners to impact local residents each year by increasing economic self-sufficiency, protecting children and youth at risk, strengthening families, empowering neighborhoods and communities, and promoting health and wellness. Additional information is available at www.liveunitedsem.org. Contact: Christine R. Smith 248-502-1517 crsmith@orlans.com SOURCE eTitle Agency

Final Phase of Homes Now Open at Scotts Glen Estates, Woolwich’s Luxury Home Community

[03-February-2012]

	WOOLWICH, N.J., Feb. 3, 2012 /PRNewswire/ — NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the final phase of available homes at the Scotts Glen Estates community in Woolwich, NJ. Built by NVR's Ryan Homes division, Scotts Glen Estates is a luxury single-family home community in one of the fastest growing townships in New Jersey.  With only 8 of 22 homes remaining, homebuyers have a limited opportunity to buy a home in Gloucester County on a homesite of 1- to 2-acres, starting from the upper $290's. The Scotts Glen Estates community is known for big floor plans for room to grow, big yards for room to play and entertain, and big value with far more included features than from other homebuilders.  The convenient location allows quick, easy access to I-295 and the New Jersey Turnpike, and is only 15 miles to Delaware and 25 miles to Philadelphia. Ryan Homes at Scotts Glen Estates offers up to 6 bedrooms and up to 5 1/2 baths in 2-story designs that all have 2-car garages. Each home includes GE® appliances, Timberlake® cabinetry, and Ryan Homes' comprehensive, 10-year structural warranty. To put your own style signature on a new Scotts Glen Estates home, simply choose from an incomparable selection of options, including stainless steel appliances, granite countertops, extensive hardwood and ceramic tile flooring, morning rooms, finished basements, designer lighting and plumbing fixtures, and much more. Like all new Ryan Homes, those at Scotts Glen Estates are fully ENERGY STAR® Qualified, yielding monthly utility bills up to 30% lower than standard homes, according to the EPA. All Ryan Homes also carry 10-year structural warranties, and are independently inspected for quality by a third-party inspector.  For further information about Ryan Homes' new single-family homes at Scotts Glen Estates in Woolwich, NJ, please phone (856) 241-1895. About NVR NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and builds homes under the Ryan Homes, NVHomes, Rymarc Homes and Fox Ridge Homes trade names, and operates in 27 metropolitan areas in 15 states. For more information about NVR, Inc. and its brands, see www.nvrinc.com, www.ryanhomes.com, www.nvhomes.com, www.foxridgehomes.com and www.rymarc.com. The information in this press release is subject to change and the pricing and other features of any NVR-built home will be established at the time of sale. ENERGY STAR® is a registered trademark owned by the U.S. government. SOURCE NVR, Inc.
	Company Codes: NYSE:NVR

Ryan Homes Announces the Release of New Homesites at Preserve at Greenwich Crossing in East Greenwich, NJ

[03-February-2012]

	EAST GREENWICH, N.J., Feb. 3, 2012 /PRNewswire/ — NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the release of new homesites in the Preserve at Greenwich Crossing community in East Greenwich, NJ. Built by NVR's Ryan Homes division, Preserve at Greenwich Crossing is a charming single-family home community of 33 spacious homesites that blends convenience, recreational opportunities and extreme value. Prices of single-family homes at Preserve at Greenwich Crossing start from the $260's.  Come see why Preserve at Greenwich Crossing is one of Ryan's best-selling communities in Southern New Jersey. These elegant single-family homes offer up to 5 bedrooms, 2 car garages, and open, airy floor plans, distinctive appointments and innovative designs. These spacious homes also have custom options, such as cathedral ceilings, luxury bathrooms, granite countertops and optional upgraded hardwood flooring.  For a limited time, homebuyers will receive a morning room, valued up to $14,490, included with their new home purchase, with use of NVR Mortgage. The convenient East Greenwich location provides quick, easy access to I-295 (3 miles), Route 55 (4 miles), and the NJ Turnpike (approximately 6 miles). The neighborhood is only 15 minutes from Philadelphia and is close to nearby destination malls, charming small-town shops, and an abundance of golf courses.  This charming neighborhood offers tennis courts, recreation fields and tot lots, all within 2 miles of the highly desirable East Greenwich schools. The Greenwich Crossing model home is open Monday from 12:00 p.m. to 6:00 p.m., Tuesday through Friday 10:00 a.m. to 6:00 p.m. and Saturday and Sunday, from 11:00 a.m. to 6:00 p.m. Like all new Ryan Homes, those at Preserve at Greenwich Crossing are fully ENERGY STAR® Qualified, yielding monthly utility bills up to 30% lower than standard homes, according to the EPA. All Ryan Homes also carry 10-year structural warranties, and are independently inspected for quality by a third-party inspector.  For further information about Ryan Homes' new single-family homes at Preserve at Greenwich Crossing in East Greenwich, NJ, please phone (856) 468-2385. About NVR NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and builds homes under the Ryan Homes, NVHomes, Rymarc Homes and Fox Ridge Homes trade names, and operates in 27 metropolitan areas in 15 states. For more information about NVR, Inc. and its brands, see www.nvrinc.com, www.ryanhomes.com, www.nvhomes.com, www.foxridgehomes.com and www.rymarc.com. The information in this press release is subject to change and the pricing and other features of any NVR-built home will be established at the time of sale. ENERGY STAR® is a registered trademark owned by the U.S. government. SOURCE NVR, Inc.
	Company Codes: NYSE:NVR

Overton Moore Properties Announces the Sale of Two Buildings at Baldwin & Amar Distribution Center

[03-February-2012]

CITY OF INDUSTRY, Calif., Feb. 3, 2012 /PRNewswire/ – Overton Moore Properties (OMP) announces the sale of two buildings at Baldwin & Amar Distribution Center located in the City of Industry, CA. 760-780 Baldwin Park Boulevard, a 96,888 square foot warehouse/distribution building, sold for $8,235,480 ($85 per square foot) to Asia Direct, which was represented by Brian McLoughlin of Voit Real Estate Services. 13280 Amar Ave, a 92,488 square foot warehouse/manufacturing building, sold for $6,575,000 ($71 per square foot) to American Foam, Fiber & Supplies, which was represented by Jason Chao of CBRE. OMP was represented by Phil Lombardo and Ty Newland of Cushman & Wakefield on both transactions. "OMP is pleased to have captured the inherent value in the asset by completing an extensive repositioning of the project and perfecting the title, such that the buildings can be sold individually to users. As a result, we were able to deliver highly functional buildings to the market at prices well below replacement values," noted Jason Hines, Vice President of OMP. "In 2012, OMP remains focused on acquiring existing buildings and land for new development," Mr. Hines continued. Located in the highly desirable West City of Industry, Baldwin & Amar Industrial Center was acquired by OMP in 2010. OMP subsequently completed an extensive renovation of the project, which resulted in modern aesthetics, enhanced loading, large secured truck yards, enhanced offices, and an upgrade of building, lighting, and roof systems. OMP has one remaining available 108,000 square foot building in the project. Located at 730 Baldwin Pak Blvd, the building features 24'+ clear height, an active rail spur, a large privately fenced yard, new T-8 lighting, 5,400 SF of new office, and a new roof. OMP is offering the building for lease or sale with an asking price of $84/sf. OMP, formed in 1972, is one of the largest developers in Los Angeles County. The privately held real estate company specializes in development, master planning, property management, marketing, construction management and financial reporting. OMP has developed or acquired over 30 million square feet of office, industrial and mixed-use space throughout Southern California. Overton Moore Properties, 19300 South Hamilton Ave, Suite 200, Gardena, CA 90248 T. 310.323.9100, F. 310.608.7997 www.omprop.com SOURCE Overton Moore Properties