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NEWS RELEASE Castle Lanterra Properties, LLC One Executive Blvd; Suite 204 Suffern, NY 10901 Media Contact: Karen Ravensbergen / (201) 796-7788 / @carylcomm Mike Kim Joins Castle Lanterra Properties as Vice President of Investor Relations Brings 15 Years of CRE Experience to Position SUFFERN, N.Y., November 10, 2015 – Mike Y. Kim has joined Castle Lanterra Properties (CLP) as Vice President of Investor Relations, announced Elie Rieder, founder and CEO of the privately-held real estate company. In his new role, he will be responsible for managing the firm’s relationships with its external investor base and managing the investor reporting function. “During his more than 15 years of experience in real estate investment management, Mike has worked with a wide range of renowned institutional and individual investors,” said Rieder. “With his experience, he is a highly valuable addition to our executive staff.” Additionally, Kim will be responsible for supporting CLP’s marketing and public relations initiatives. Prior to joining CLP, Kim served as Director of Investor Relations for CityShares, a New York City-based real estate fintech company. He has held similar positions with Castellan Real Estate Partners, Gemini Real Estate Advisors and Credit Suisse. Kim is a graduate of the University of Vermont, with a Bachelor of Arts in Political Science. Castle Lanterra Properties specializes in identifying investment opportunities in multifamily properties. Founded by Elie Rieder, the firm acquires, improves, repositions and manages a portfolio of properties across the Northeast, Mid-Atlantic and Southern U.S., with a proven track record of creating above-market returns for investors. In the past two years, Castle Lanterra Properties has acquired $500 million of assets including over 3,000 residential units. ### About Castle Lanterra Properties