FUND FOR BUILDERS, LP WELCOMES MICHAEL COHEN, VICE PRESIDENT OF ASSET MANAGEMENT

September 15, 2006 (PRLEAP.COM) Business News
CHICAGO, IL (September 2006) - Robert A. Judelson and Jerry M. Reinsdorf welcome
Michael Cohen, 27, as Vice President of Asset Management, The Fund For Builders, LP (FFB).

FFB affords builders a stronger position with the lending and investment community by allowing them to create simplified balance sheets. Established in April 2005, FFB provides sale and leaseback financing for model homes to builders of single-family homes across the United States.

To date, FFB has two separate funds under its corporate umbrella, which, collectively have invested over $40 million with six builders developing homes in 10 states throughout the U.S. Targeting primarily new developments and sub-divisions, FFB typically invests in homes ranging in price from $150, 000 to $450,000. Among the new services to be offered by FFB are financing and joint ventures for land acquisitions and single-family subdivisions. A third fund of $100 million is currently being offered.

About Michael Cohen

Cohen has extensive experience in commercial real estate sales. As a leader of negotiating office leases for independent corporations and Fortune 500 companies, Cohen has successfully implemented strategic lease evaluations to reduce overhead costs for multiple client bases.

Before becoming Vice President of Asset Management, Cohen was an acquisitions specialist for Landstar Realty Inc., Chicago, where he was responsible for research and all real estate acquisitions. Prior to Landstar, Cohen gained experience as a tenant representative. Along with researching direct and sublet opportunities in the Chicago marketplace, he also managed daily business development efforts by continuously prospecting and identifying potential clients.

Currently Cohen works with David Reinsdorf for the due diligence reporting and asset management of FFB. Cohen’s responsibilities include market research, location analysis, and prospecting future builders.

Cohen has a Bachelor of General Studies in Communication from the University of Kansas. He has also completed all requirements for the Real Estate License and attends educational workshops of training, reviewing professional publications, establishing personal networks, and benchmarking state-of-the-art practices.

About The Fund For Builders

The primary business of FFB is to purchase and leaseback model homes built by prominent national homebuilders. In addition, FFB may participate in land joint ventures for subdivision development. The major thrust at present will be the purchase and leaseback of the model homes. The leaseback affords the builders the opportunity to continue using the model homes until the development is complete, at which time the models will be sold. Investors in the Fund have the opportunity to diversify their investments into real estate by participating in the robust residential real estate market. Demographics show this market should be strong for years to come as the US is expected to add 100 million people in the next 35 years. FFB believes this business creates a “win-win” opportunity for both builder and investor.

For more information, contact The Fund For Builders, 400 Skokie Blvd. Ste 580; Northbrook, IL 60062; Telephone: 847.498.6400.; or visit www.fundforbuilders.com.

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