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LOCAL DEVELOPER BETS ON VEGAS APARTMENT MARKET

NEWS RELEASE, September 1, 2011

Local Real Estate Developer, Daniel Grimm, purchases 20 acres of land located at the northwest corner of Dean Martin and Irvin Avenue in the southern portion of the Las Vegas Valley, adjacent to the Southern Highlands community and just steps from Interstate 15 (I-15). Approved for a 360-unit rental apartment development, Grimm will build an easily accessible modern residential community complete with open space and top of the line amenities.

“ I believe in Las Vegas and the unique resilience of its businesses and the people that power them,” says Grimm. “My company, DG Development Corporation, is dedicated to building a high quality product to accommodate future growth.”

The design and permitting process is currently underway for the rental apartment development. Grimm expects to break ground no later than the summer of 2012.

DG Development Corporation was established in early 2011 in order to capitalize on unprecedented real estate opportunities. As President and CEO, Daniel Grimm brings more than 20 years of diverse, hands-on experience in commercial real estate to Las Vegas. For more information, visit www.dgdevcorp.com.