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FOR IMMEDIATE RELEASE    
Contact: Danielle Richardson
May 23, 2006      
(410) 494-4834     
drichardson@mackenziecommercial.com

MacKenzie Capital, LLC Hires  New Associate to Meet Demands of Maryland Market

Baltimore – MacKenzie Capital, LLC (MacKenzie Capital), the financing division of MacKenzie Commercial Real Estate Services, LLC is pleased to announce the hiring of Justin M. Rine.

Rine, a veteran sales management professional with a track record of building institutional brokerage business, will develop and build business partnerships within the Maryland market.  He will be a key asset to MacKenzie Capital’s growth in the Maryland market.  Rine will specialize in the arrangement and placement of real estate capital, both debt and equity, for all types of real estate projects.

"We are delighted to have Justin Rine join the MacKenzie Capital team," commented Glenn C. Ercole, Senior Vice President and Principal of MacKenzie Capital.  “His experience demonstrates successful leadership in building a firm's business.  Rine will play a strategic role in expanding our capabilities in this key market."

Through their extensive network of debt and equity providers, MacKenzie Capital facilitates the financing of commercial real estate for owners and developers while meeting their capital needs and objectives at competitive market base pricing.    

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As one of the largest commercial real estate services firms in the State of Maryland, MacKenzie Commercial Real Estate Services, LLC has more than 120 employees throughout the MacKenzie affiliated companies. In addition to the firm’s broad spectrum of brokerage related services, MacKenzie can provide solutions to a full array of commercial real estate needs, including property and asset management, finance services, construction services and development. For more information, visit www.mackenziecommercial.com. 

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410-821-8585