Boston, MA, September 13, 2010

Intercontinental Real Estate Corporation Appoints Nick McParland to Director, Institutional Services and Jenny Notte to Director, Institutional Services.

Intercontinental Real Estate Corporation, a private equity real estate investment and management firm headquartered in Boston, MA announced that Nick McParland and Jenny Notte have both joined the company in the role of Director, Institutional Services.
Nick McParland and Jenny Notte are responsible for establishing and maintaining Intercontinental's client and consultant relationships with a primary focus on the Taft-Hartley sector.
Previously, Mr. McParland worked at Macquarie Capital where he was responsible for managing relationships with current and potential investors and their consultants with a specific focus on Taft-Hartley and public funds. Before his work at Macquarie Capital, Mr. McParland worked for 10 years at CIGNA Retirement and Investment Services and, subsequently for Prudential Financial after their acquisition of the CIGNA business.  Mr. McParland received his BA from St. Lawrence University.
Prior to joining Intercontinental, Ms. Notte was Vice President of Sales, Marketing and Client Service for ASB Capital Management where she was responsible for new business development in the Midwest Region of the United States.  Prior to joining ASB, she was a Regional Executive of Trust Fund Advisors/ULLICO, Inc. responsible for marketing and client service to Local Union and International Union pension fund accounts.  Ms. Notte has over 24 years of experience in the Taft-Hartley marketplace. Ms. Notte earned her B.A. in Economics from Stonehill College and MBA from Marymount University.
Intercontinental Real Estate Corporation is an SEC registered investment adviser and real estate operating company with expertise in real estate investment, development, construction management, and asset management. The company has developed, managed and owned over $6 billion in real property assets across all property types including commercial, mixed use, hotel, recreational and residential projects.  Presently, Intercontinental owns and manages a portfolio in excess of $2.4 billion for its clients and is actively seeking opportunities to invest in core, core plus as well as value oriented development projects.