PM Realty Group
910 Travis, Suite 1000
Houston, Texas 77002

AT PM REALTY GROUP:
Jim Proehl
SVP/Director
West Division
(949) 794-1716

AT WEBER SHANDWICK:
Jonathan Konkoly
Media Contact
(312) 640-6676

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Jan 22, 2002

PM REALTY GROUP AWARDED EXCLUSIVE MANAGEMENT ASSIGNMENT FOR AMERICAN CAREER COLLEGE

LOS ANGELES - PM Realty Group today announced that it has been awarded the exclusive facility management and construction management assignment for American Career College’s Los Angeles and Orange County Campuses by owners Rosewood Realty, LLC and Woodland Realty, LLC, respectively.

Peter Italiano, vice president, will oversee day-to-day management operations at both properties under the direction of Jim Proehl, senior vice president and director of PM Realty Group’s West division.

The assignment entails the following properties:

- 4021 Rosewood Avenue is a three-story office building consisting of 55,000 square feet located in the northwest area of Los Angeles. American Career College occupies the entire building.

- 1200 North Magnolia is a two-story office building consisting of 21,000 square feet located in Anaheim. American Career College occupies the entire building.

“In addition to expanding our presence in Southern California, we are delighted to have the opportunity to serve the specialized needs of college campus facilities,” said Proehl. “This assignment allows us to demonstrate our ability to provide high quality service in a cost-effective manner.”

About PM Realty Group

PM Realty Group is a privately-held real estate service organization with more than 1,300 employees and 20 divisional and regional offices. Based in Houston, Texas, the company traces its roots back to 1954. PM Realty Group today conducts business in nearly every state, providing comprehensive real estate services to institutions, investors, corporations, real estate investment trusts, government agencies and healthcare providers.

PM Realty Group offers clients the full spectrum of real estate services, including property and facility management, leasing and marketing, corporate services, investment services, construction management, asset management and development, engineering services, portfolio administration, disposition and acquisition, consulting and due diligence and healthcare services.

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