Ram Promotes Hugo Pacanins to Vice President, Development

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FOR IMMEDIATE RELEASE

CONTACT:
Bryna Jacobs
Thorp & Company
(305) 446-2700
bjacobs@thorpco.com

Palm Beach Gardens, Fla., Nov. 20, 2008 – Ram is pleased to announce the promotion of Hugo Pacanins from development manager to vice president, development, based in its Fort Lauderdale office.

Pacanins, who joined Ram in 2005, has played a key role in several high-profile residential and mixed-use projects, including Palmetto Park in Boca Raton, Fla., and Sheridan Station in Hollywood, Fla., which are both projected to begin construction in 2009. He also led the development efforts on the recently completed Milano Apartments in Miramar, Fla., which is currently enjoying the fastest lease-up pace of any property in Ram’s history.

“Hugo has continually demonstrated top-level performance and commitment to his work and to the Ram team,” said Casey Cummings, president of Ram. “His in-depth expertise in commercial real estate construction and development is integral to the company’s continued success.”

He holds a master’s degree in business administration with a concentration in real estate and strategy from the University of California at Berkeley and a bachelor’s degree in civil engineering from UCAB in Caracas, Venezuela.
About Ram

Founded in 1978, Palm Beach Gardens, Florida-based Ram is an affiliated group of companies comprised of Ram Development Company, a leader in retail, residential and mixed-use development and acquisition, and Ram Realty Services, a provider of residential and retail management and leasing services. In addition to its headquarters in Palm Beach Gardens, Ram has offices in Fort Lauderdale and Tampa, Fla., Chapel Hill, N.C., and Atlanta, Ga. Currently, the company manages approximately 2.5 million square feet of retail property and 3,000 apartments and is active in Florida, North Carolina and Georgia. Ram is committed to making places that are socially responsible, economically vibrant and environmentally sustainable. For more information, visit www.ramrealestate.com.
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