Nov. 7, 2008

Mark-Taylor Promotes John Carlson to Vice President
Carlson joined Mark-Taylor in 2002; will oversee operations at luxury apartment property management firm.

Scottsdale-Mark-Taylor Residential has promoted John Carlson to vice president, giving him responsibility for overseeing operations at the growing apartment management firm and its growing portfolio of resort-style properties in the Phoenix area.

"Since joining us in 2002, John's unwavering commitment to our company and his career has been instrumental in the growth and success of Mark Taylor," said Dale Phillips, president of Mark-Taylor Residential. "It is no coincidence that John's name and work ethic is attached to many of the new communities that have joined the Mark-Taylor family in the past two years. Looking forward, I am confident that John's determination and pursuit for perfection will continue to enrich our company's culture, while maintaining our goal to grow."

Since 2006, the company's management portfolio has grown from more than 6,800 apartments to more than 10,000 today, in a process in which Carlson has been involved. As an asset manager, he oversaw both existing Mark-Taylor communities and the takeover transformations of rental properties new to Mark-Taylor management.

Carlson is a licensed real estate agent in Arizona and a member of the Arizona Multihousing Association.

A photo of John Carlson is available upon request.

Mark-Taylor Residential is an award-winning company that excels in apartment management. Mark-Taylor has developed more than 13,000 apartments in the Southwest and currently manages more than 10,000 apartments in the Phoenix area, providing residents with beautifully appointed apartment homes and a resort-style lifestyle. For more information, visit www.mark-taylor.com.

Contacts:
Kim Atkinson
Mark-Taylor Residential
480-991-9111 (Scottsdale, Ariz.)
katkinson@mark-taylor.com

Alison Rice
Fresh Brew Editorial Services
571-312-7433 (Arlington, Va.)
alison.rice@comcast.net