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NP DODGE ANNOUNCES NEW CONDO SALES DIVISION

April 21, 2006 Omaha, Nebraska - NP Dodge Real Estate is pleased to announce the creation of their new condo sales division. This new division will serve the condo market by listing and selling existing condos, helping buyers find condos, marketing new condo developments and providing a team of trained condo specialists. “Omaha is just now beginning to experience the condo boom that has swept across cities from coast to coast. Demographic shifts, and different lifestyle preferences have caused a major influx of demand into revitalized urban areas, as well as mixed use, higher density developments throughout other metro areas. As the early pioneers are just beginning to move into the projects that are reaching completion now, their friends and family will begin to experience and hear about the lifestyle benefits that condo living affords. We believe that the activity we are currently seeing in the local condo market is just the tip of the iceberg,” said Chris Redfield, Director of Condo Sales for NP Dodge Real Estate. The condo division has a website at www.npdodgecondo.com which is available to provide up-to-date information on all of the current condo projects from NP Dodge.

The new NP Dodge Condo Sales Division is exclusively representing the J Lofts project, a new loft style development. A showroom including full model and interior design center is under construction and will be open late May. They are also representing Dundee Villas at 52nd and Dodge Street and several other projects in the design and development stage. “We believe that condo marketing is a specialized service that requires a dedicated market group to service the needs of developers, private sellers and buyers of condo units. We will be trained and staffed to provide the quality of service that is expected for this emerging market,” said Mike Riedmann, President of Residential Sales.

NP Dodge is a family owned company that celebrated its 150th year of business in 2005. They currently maintain 14 offices in Nebraska and Iowa and have over 475 sales associates. To find out more about one of the fastest growing real estate companies in Nebraska and Iowa go to: npdodge.com.


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