March 25, 2005 - MCO PROPERTIES CELEBRATES REALTORS’ SUCCESS AT EAGLES NEST

Timberland Hiking Boots Given to Thank Realtors at Eagles Nest

FOUNTAIN HILLS, Ariz. (October 5, 2005) – MCO Properties hosted more than 50 Realtors at an exclusive Realtor Appreciation Event on Sept. 28 at the Ranch House at Eagles Nest.

As a token of appreciation for their efforts and success with sales of residential lots at Eagles Nest, the companies’ newest custom lot community in Fountain Hills, Realtors were presented with a pair of Timberland hiking boots. The private event gave MCO Properties an opportunity to thank Realtors and encourage them to continue selling at Eagles Nest.

“Located on the eastern slopes of the beautiful McDowell Mountains, Eagles Nest is set in an area with some amazing hiking trails,” said Steve Vargo, vice president of MCO Properties and designated broker of MCO Realty. “We wanted to express our appreciation to these Realtors with something unique, and with the recent re-opening of the public trailhead at Eagles Nest, we thought hiking boots were the perfect ‘fit.’”

Custom lot sales at Eagles Nest have been extremely successful as nearly all of the Phase I lots have sold pushing the release of Phase II lots ahead of schedule. Lots are priced from $600,000 to more than $1.5 million, and all custom lots within Eagles Nest are one-acre or more in size.

ABOUT EAGLES NEST

Located in the foothills of the McDowell Mountains in Fountain Hills, Ariz., Eagles Nest spans more than 500 acres and features only 244 custom residential lots – each measuring one acre or more in size. For further information on Eagles Nest, please call (480) 837-1005 or visit www.eaglesnestliving.com. Custom homesites at Eagles Nest are priced from the $500,000s to $1.5 million. Sales by MCO Realty, Inc.