SCOTTSDALE HACIENDAS ANNOUNCES CLOSED GARAGE DOOR ADDITION TO ALL CONDOMINIUMS

June 3, 2007 (Scottsdale, Ariz.) – Scottsdale Haciendas LLC today announced that the development, located on the southeast corner of Granite Reef Road and Roosevelt in Scottsdale, has nearly completed its four million dollar property enhancement through the addition of closed garages.

“As we began selling units last year, it quickly became apparent that our buyers had certain needs and desires that were underserved in the south Scottsdale market,” said Dan Wehr, managing director of the development. “Our clientele have vehicles and belongings that need protection from the Arizona sun as well as the increased security aspect of a closed garage. The addition of the garages has made these homes a best seller.”

The condominium home development has 180 units. It was originally built in 1986 and fully remodeled in 2006. It is approximately 30 percent sold, and the strong sales trend continues with its superior product in the current market. Scottsdale Haciendas believes that the location warrants the capital investment as professionals that prefer to live and work in the vibrant region between Rio Salado and Old Town Scottsdale demand and deserve quality. Nevertheless, these homes remain competitively priced starting in the 170’s.

About Scottsdale Haciendas, LLC. Scottsdale Haciendas Condominiums, located at 985 North Granite Reef Road was completely renovated in 2006. These units were originally designed as condominiums in the mid 1980's. Scottsdale Haciendas offer the informed buyer a quality of construction not found in today's sea of "me too" apartment conversions. Scottsdale Haciendas are conveniently located near great shopping, restaurants and entertainment in Old Town Scottsdale, Arizona.

The property includes a dog park, two swimming pools, Jacuzzi and other amenities. For more information, please visit http://www.scottsdalehaciendas.com or call (480) 949-1091.