FOR IMMEDIATE RELEASE

CONTACT: Jessica McLeish 
949.650.2360
Jessica@dmpublicrelations.com

Donny Disbro, Professional Community Management Vice President
and expert in high-rise property management and trends in
condominium living, speaking at Pacific Coast Builders Conference

He will address how the trend towards more high-rise condominium living is
changing the mission of property management companies

LAKE FOREST, Calif. (June 21, 2006)—Professional Community Management (PCM) announced today that Donny Disbro, Vice President of Marketing and Business Development, will speak at the upcoming Pacific Coast Builders Conference (PCBC). Disbro will be part of a panel on “Who is Buying the Condo High-Rise?”

This year’s PCBC will be held at San Francisco’s Moscone Center and Disbro is scheduled to speak Thursday, June 22 from 1 to 2 p.m.

Disbro will give a profile of today’s typical high-rise condominium buyers, what it takes to sell high-rise condos and how it differs from other forms of for-sale housing, as well as five important things buyers should know before getting into high-rise condo development.

Disbro manages Orange County’s newest high-rise condo property for PCM and is an expert in the services and costs associated with living in a high-rise condo.

“I am excited about speaking at PCBC and feel that I’ll be addressing an important topic in understanding the type of people buying high-rise condos,” said Disbro. “This is an important issue to discuss, because as land becomes increasingly scarce in many urban areas, developers are turning to high-rises as a way to provide for-sale housing of greater density on less land.”

A shift in the culture of condos is taking place, according to Disbro. In the past, the people buying high-rise condos were first time home buyers, empty nesters, or those who could not afford to purchase a lot of land. Now, with the introduction of the high-rise condos, many busy professionals, singles and couples want the luxury lifestyle of live-work-play all embodied around friendly hospitality services.

Today’s high-rise condo buyers, according to Disbro, are busy, successful and have made a lot of money and they want the services and amenities of a luxury hotel in their building. Owners have so much pride in the common area amenity rooms, such as media rooms, TV lounges and fitness centers. PCM envisions charters to establish owner participants to get involved in the appeal of their high-rise condo building common areas.

For instance, Disbro stated, “Art Committees are demanded to be formed so that owners can be a part of what art decorates the common area lounge rooms. Gone are the days, where condominium events where solely about holiday celebrations. We envision helping the Event Committee put on elaborate events, such as local retail tastings and new car shows using local area dealers.”

“Any industry professionals and members of the media seeking insight into the rising popularity of high-rise condos should attend Donny’s panel,” said Debbie Evans, Chief Operating Officer of PCM. “PCM strives to be an industry leader, as well as a resource and Donny’s presentation at PCBC helps us in that endeavor.”

Professional Community Management (PCM) is one of the country’s largest community management companies, specializing in family-oriented and active senior communities in Southern California. It manages a portfolio of more than 80,000 units in 170 community associations, representing a combined real estate value in excess of $25 billion. With headquarters in Lake Forest, California, PCM employs a staff of more than 1,400 people. PCM has offices in Los Angeles, Orange and San Diego Counties and has been recognized by the Multi Housing Council as one of the country’s largest managers of common interest developments.

Management services by PCM are backed by state-of-the art Internet technology, including PCM’s innovative self-service community websites, and comprehensive financial and management systems. For additional information, please contact PCM at 800.369.7260 or at www.pcminternet.com.

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