Starwood Land Ventures Forms Joint Venture With Taylor-Duncan Interests, Inc.

BRADENTON, Fla., April 7 /PRNewswire/ -- Starwood Land Ventures, LLC
announces that it has formed a joint venture with an affiliate of
Taylor-Duncan Interests, Inc., a Dallas, Texas-based firm specializing in
residential land development. The new partnership, TD Star Land, will pursue
strategic land development opportunities in the Dallas-Fort Worth area.

"The Dallas-Fort Worth market has always been a strategic target for us and
Taylor Duncan has been active in this market for decades," said Mike Moser,
east region president of Starwood Land Ventures. "We look forward to working
with Taylor-Duncan Interests in this partnership, and are confident we will be
able to acquire excellent residential properties in the area."

Larry Taylor, president of Taylor-Duncan, said the new venture is pursuing
developed homesites, zoned land and other single-family residential properties
in the Dallas-Forth Worth metropolitan area.

"We have developed residential communities for many of the national and
regional builders in the area," Taylor said. "With the strength of Starwood
Land Ventures behind us, we should be able to capitalize on some excellent
buying opportunities and offer builders desirable lot positions as the market
recovers."

Starwood Land Ventures has been actively pursuing joint venture relationships
with firms across the country to seek out financing and development
opportunities countrywide. To date, the firm has established partnerships
with experienced, well established firms in Houston, Atlanta, Charlotte,
Raleigh, Northern and Southern California, and Northern Virginia and may make
additional announcements in the coming months.

About Starwood Land Ventures, LLC
Starwood Land Ventures, LLC is a Bradenton, Florida-based residential real
estate, development and investment firm focused on land acquisition,
development and financing nationwide. The firm is a controlled affiliate of
Greenwich, CT based Starwood Capital Group Global, LLC. Starwood Land partners
with builders, developers, lenders and land holders and will provide creative
solutions to recapitalize assets with both debt and equity. The firm
specializes in the acquisition, entitlement and development of large,
master-planned communities, which may include mixed-use components. Through
its platform of partnerships with leading development firms, Starwood Land and
its experienced team aim to be the capital partners of choice in select
markets. Starwood Land currently has operations in Arizona, California,
Florida, Georgia, Maryland, Nevada, North Carolina, South Carolina, Texas and
Virginia. For more information about Starwood Land, visit
www.starwoodland.com.

SOURCE Starwood Land Ventures, LLC

Amy Ogden, Public Relations Manager, Clockwork Marketing Services, Inc.,
+1-904-280-7960, amy@clockworkmarketing.com, for Starwood Land Ventures, LLC