Press Release  
 
 
     
  FOR IMMEDIATE RELEASE    
  February 22, 2006  
     
  Maine Real Estate & Development Association Announces Addition to its Board of Directors  
     
  The Maine Real Estate & Development Association (MEREDA) Board of Directors is pleased to announce that Mark Malone, CCIM, Vice President and Partner at Malone Commercial Brokers in Portland has been elected as a new Director.

Mark Malone joined Malone Commercial Brokers in 1988 following successful careers as a bank examiner and regional vice president for a national mortgage banking company. Mark's understanding in lending and financial analysis makes him an invaluable resource, especially with transactions that pose tough financing challenges. His experience sets him apart from other brokers in transactions that require complex financial analysis and negotiation like investment brokerage and retail development transactions. Mark graduated from the Commercial Investment Real Estate Institute in 1992 and holds a B.S. from Arizona State University.

Shelly R. Clark, Business & Operations Manager of MEREDA, says "Mark has been a longtime supporter of MEREDA. We look forward to his active participation on the Board and appreciate his, and his organization's continuing support."
 
     
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