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President of Kettler Management, Cindy Clare, Appointed to NAA Board of Directors

Clare Set to Chair State and Local Issues Committee

February 6, 2008

Kettler, one of greater Washington DC’s largest real estate development and property management companies, announced today that Cindy Clare, President of Kettler Management, has been appointed to the National Apartment Association's (NAA) Board of Directors where she will chair the state and local issues committee.

Headquartered in Arlington, VA, the NAA is the nation’s leading federation for monitoring legislation and regulation within all 50 states, and is comprised of more than 51,000 multifamily housing companies and nearly 200 state and local affiliates within the rental housing community.

Working cooperatively with the NAA staff at the state and local level, Clare will guide the issues committee in monitoring industry trends and identifying recent policy issuances.

"I feel privileged to have a seat at the table with one of the principal associations in the industry. As a board member and committee chair, I will be able to share my expertise and continue to grow in an industry that is constantly evolving," said Cindy Clare, President of Kettler Management.

As the past President of the Apartment and Office Building Association (AOBA) of Metropolitan Washington, the local affiliate of the NAA, Clare worked to influence policy on utility costs, property taxes and other regulated fees that made living affordable for residents in the area.

Since joining Kettler in 2005, Clare oversees operations of more than 10,000 apartments, while supervising an additional 4,500 units planned for the next several years.

Kettler Management is a leader in specializing in high-end apartment and affordable housing units in DC, VA Metropolitan area.

About Kettler
Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and property management companies based in the DC metro area and one of the nation’s top 20 multifamily developers. The firm's diverse business model has led to the delivery of five million square feet of commercial space and over 50,000 homes in its master-planned communities. Kettler’s rental portfolio includes high-end luxury, market rate, affordable and fee managed assets. Currently, Kettler is developing commercial, resort and transit-oriented mixed-use projects.