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MBK HOMES NAMES NEW COMMUNITY DEVELOPMENT DIRECTOR


SACRAMENTO, CA (April 2, 2007). Jason K. Gray has joined Sacramento, Calif.-based MBK Homes Northern California as Community Development Director. In his new role for the award-winning homebuilder, Gray is responsible for public agency interface associated with entitlements, land development and customer service operations.

"Jason comes to MBK Homes with a strong background in residential building and with highly esteemed experience in project management," said Jon Tattersall, president of MBK Homes Northern California. "His leadership qualities and outstanding management skills are essential to MBK Homes' expansion plans over the next several years. We are very pleased to have Jason as part of the MBK team."

Gray comes to MBK Homes with more than 13 years of engineering experience, most recently serving as Land Development Manager at Centex Homes where he supervised more than 3,000 home sites in the Sacramento area. He was also responsible for evaluating the costs associated with the development of proposed subdivisions. Additionally he has served in engineering roles with Pacific States Environmental Contractors, Radian International and Lawrence Livermore National Laboratory.

"I am very excited to become a member of the MBK Homes family, particularly at a time when the company is committed to an aggressive growth plan," said Gray. "MBK is known for being a flexible homebuilder that successfully moves with the dynamics of the marketplace. It is also an honor to be a part of a company which enjoys an excellent reputation with both the building industry and the homebuying public."

Gray holds a Bachelor of Science in Civil and Environmental Engineering from California State Polytechnic University, San Luis Obispo. He is a licensed California Professional Engineer.

Company Background
MBK Homes develops both attached and detached housing for entry-level and move-up homebuyers throughout California. MBK Homes prides itself on its award winning customer satisfaction and its reputation for delivering quality housing that is innovative in design, comfort and craftsmanship, all at an excellent value. MBK Homes Northern California focuses its efforts in the Sacramento market and its six surrounding counties. MBK Homes Southern California builds residential neighborhoods in Los Angeles, Orange, Riverside and San Bernardino counties. For more information, please contact MBK Homes Northern California at (916) 783-1150, MBK Homes Southern California at 1-888-MBKTODAY, or visit the company's website at www.mbkhomes.com.

MBK Real Estate is a multifaceted real estate company backed by the vast financial strength and resources of Mitsui & Co., Ltd., one of the world's largest corporations with 582 subsidiaries and associated companies worldwide. Through its three operating companies, MBK Homes, MBK Senior Living and MBK Retail, MBK Real Estate is renowned for building award-winning homes; for its expertise in senior housing; and for its proven skill and knowledge in developing and revitalizing shopping centers. Headquartered in Irvine, California, MBK Real Estate also has regional offices in Burbank, California and Sacramento, California. For more information, please visit www.mbk.com, or call (888) MBK-TODAY.

Posted on April, 2nd 2007

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