Hunt Companies Inc

WASHINGTON – The Department of the Air Force recently announced its selection of the Dover Air Force Base Privatization Team as the winner of the 2007 Professional Housing Management Association (PHMA) Outstanding Housing Installation Team Award. The winning team is comprised of the Dover Air Force Base leadership and housing management team; Pinnacle, an American Management Services Company of Seattle; and Hunt Development Group of El Paso, Texas.

“The competitiveness of the nominations signifies first-class leadership and innovative thinking in the Air Force,” said U.S. Air Force Deputy Chief Robert M. Moore, Asset Management and Operations Division. “Their relentless drive, energy and thirst for success set the standard for excellence.”

This award will be officially presented at PHMA’s Professional Development Seminar in Denver on Thursday, 31 January 2008.

“Our commitment to a strong partnership program was a key factor in our selection as the winner of this award,” said Ray Couey, 436th Civil Engineer Squadron housing and base-asset manager. "At project completion in 2009, the 212 homes constructed in 2004 - 2005 will be joined by 768 new homes, making Dover the first base in Air Mobility Command to have all new housing.”

New homes feature two-car garages, no less than two full baths, and energy-efficient appliances. Service members are no longer responsible for their snow removal or landscaping unless they have a fenced yard.

“We take great pride in our ability to provide our service members with state of the industry homes and enabling them to have more time with their families,” said Pinnacle Community Director Phil Weis. “We consider it our mission to contribute to the community at Dover Air Force Base.”

“We are extremely pleased the Air Force is recognizing the Dover project for this award,” Robin Vaughn, Executive Vice President and Head of Hunt’s Military Housing Privatization Division said. “It is always our intent to provide the highest and best level of satisfaction for the Air Force and the families living and working at Dover.”

More information about the community can be found online at www.dover.pinnaclefamilyhousing.com.

About Pinnacle

Pinnacle, an American Management Services Company (dba Pinnacle), is the nation’s leader in third-party fee management, managing a portfolio of apartment, office, and industrial assets valued at more than $12.5 billion, with over 3,100 employees in 42 states and 266 cities. Pinnacle’s multifamily portfolio consists of over 140,000 units – of which more than 22,000 are military family homes. For more information, visit www.pinnaclerealty.com.

About Hunt

Hunt Development Group, LP is an affiliate of Hunt Building Corporation. Founded in 1947, Hunt Building Corporation and its affiliated companies provide a full range of development, design-build, construction management, investment, and asset/property management services across the country with a focus in public-private ventures, military housing, mixed-use, master-planned communities and retail. The companies have been headquartered in El Paso and operated by the Hunt family for four generations. Hunt has completed or is currently building/developing over 82,000 housing units, of which 65,000 are military family homes. Currently, Hunt has completed military housing projects in 38 states, representing more military family housing projects in the United States than any other entity. For more information, visit www.huntcompanies.com.