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PRESS RELEASE: Alex. Brown Realty Promotes Phil Benvenuto to Acquisitions Officer

Baltimore, MD (September 30, 2013) – Alex. Brown Realty, Inc. (ABR) is pleased to announce the promotion of Phil Benvenuto to Acquisitions Officer. Benvenuto will be responsible for the firm's real estate joint venture equity investments in the Midwest and Northwest markets. Prior to joining ABR in 2010, Benvenuto earned his Master of Science in Real Estate from Johns Hopkins Carey Business School and his Bachelor of Arts in Economics from Clemson University. Alex. Brown Realty, Inc. (ABR) is a privately-owned real estate investment manager organized in 1972 and headquartered in Baltimore, Maryland. ABR co-invests with joint venture partners in a broad spectrum of property types located throughout the United States. www.abrealty.com Contact: Mr. John Prugh (410) 547-3012 [email protected]

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