Tarragon Corporation is a real estate investor and developer of for-sale housing and rental communities. We control approximately 15,000 apartment units and 1.4 million square feet of commercial space, valued at almost $1 billion, with concentrations in Florida, Connecticut and Texas. Our business is to create and realize value for our stockholders by developing, renovating, operating and selling real estate. Tarragon has approximately 450 employees with corporate headquarters in New York and operations in Dallas, Texas. It has regional offices in Wallingford, Connecticut, Ft. Lauderdale, Jacksonville and Orlando, Florida. Please visit our website at http://www.tarragoncorp.com/ for more information.