Alliance Residential Appoints Finance Manager

PHOENIX (March 14, 2011) — Alliance Residential recognizes the value of its Associates and embraces the notion that their success as individuals is the backbone to our success as a company. As such, Alliance is pleased to announce the appointment of David Lodwick as Finance Manager.

Mr. Lodwick was formerly with Phoenix-based DMB. Prior to that, he served as Director of Finance for Opus from 2005 to 2009, Vice President of Commercial Real Estate Lending at BBVA Compass from 2000 to 2005, and Real Estate Researcher at CBRE from 1997 to 2000.

A graduate of Arizona State University, Mr. Lodwick is also a certified appraiser and maintains a real estate license in the state of Arizona. He is involved in a variety of industry associations, including the International Council of Shopping Centers (ICSC), the National Association of Industrial and Office Properties (NAIOP) and the Urban Land Institute (ULI). Mr. Lodwick is also active in community service, serving on the Men's Arts Council for the Phoenix Art Museum and as a board member for the Executive Council of the Boys and Girls Clubs of Metropolitan Phoenix.

For more information, visit www.allresco.com.

Company Information
Alliance Residential is a fully-integrated multifamily real estate operating company focused on the development, acquisition, construction and management of residential and mixed-use communities in the United States. Headquartered in Phoenix, Alliance has 16 regional offices divided between six regions throughout the U.S. Over the past 10 years, Alliance has become one of the largest private apartment owners and the 15th largest management company in the nation, boasting a $6.0+ billion portfolio, and 45,000 units in 21 metropolitan markets across 12 states (including Arizona, California, Colorado, District of Columbia, Florida, Georgia, Nevada, New Mexico, Oregon, Texas, Utah and Washington). For more information, visit www.allresco.com.

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