June 26, 2012
Benton County, Arkansas

CBD Real Estate Investment, through its affiliate Desert Mountain Land Holdings LLC, recently acquired 65 single family detached home sites in Bella Vista Village.

Desert Mountain Land acquired the land from the Commissioner of State Lands. This recent acquisition brings to 471 the total number of building lots CBD and Desert Mountain Land has acquired in this Northwest Arkansas community since 2010.

Although no purchase price was announced, according to county records CBD has purchased lots and land assessed at $1.471 million. CBD buys and sells building lots and land in 42 states, and has its most significant holdings in Texas and Florida.

CBD Real Estate is based in Celebration Florida and also has offices in Mount Laurel NJ and Scottsdale Arizona.

David Waronker
CBD REAL ESTATE INVESTMENT LLC
President

June 18, 2012
Haines City, Florida

CBD Real Estate Investment LLC, a Central Florida based real estate investment and development company, announced that it concluded the acquisition of Bonnies Landing a 78 acre residential development site located in Haines City Florida.

Under the CBD affiliate CBD at Bonnies Landing LLC, CBD and its investors acquired the bank owned property located on 30th Street, between Roe Road and Robinson Road, just across from Haines City High School. The property is approved and partially improved for 247 single family detached home sites. The land adjoins other acreage owned by CBD, specifically its 212 development site known as Liberty Bluff. Together with Liberty Bluff, CBD plans on commencing construction of a combined 448 single family entry level homes by the third quarter of 2013.

Bonnies Landing was previously owned by Michigan based Tollefson Development. According to Polk County records, Tolleffson paid $1.919 million for the land in February 2006, but, due to the recession lost the land in 2010 to its lender Bay Street Holdings LLC of Chicago.

CBD Real Estate continues to expand rapidly during the down economy, this being its seventh large purchase in Florida during 2012. CBD owns land in 42 states and has offices in New Jersey, Arizona as well as Celebration, Florida.

David Waronker
CBD REAL ESTATE INVESTMENT LLC
President

Port Charlotte, Florida
June 17, 2012

CBD Real Estate Investment LLC of Celebration Florida today announced its acquisition of 44 single family building lots in North Port and Port Charlotte, Florida.

Although no purchase price was disclosed due to a mutual confidentially agreement with the seller, Naples based Royal Palm Bank, according to County records the total value of the land acquired was $742,000. According to David Waronker, CBD President, the company has no immediate plans for the land. According to Waronker, CBD continues to seek more lots and land in North Port and Port Charlotte, looking to acquire at least 500 lots before it starts to market its Charlotte County land inventory.

CBD and its partners own building lots and land throughout the continental USA, with its most significant holdings in Nevada, Texas, Arkansas, New Mexico, Texas and Florida. CBD has offices in Mount Laurel NJ and Scottsdale Arizona.

David Waronker
CBD REAL ESTATE INVESTMENT LLC
President

June 5, 2012
Marble Falls, Texas

CBD Real Estate Investment LLC, a Celebration Florida based real estate investment, development and building company, announced that it acquired 247 single family detached finished building lots located in Horseshoe Bay.

The lots acquired by CBD are located in Horseshoe Bay South, North and West. Although no purchase price was discussed, according to Llano and Burnett County records, the total value of the real estate acquired by CBD and its partners is $2.217 million.

CBD acquires residential building lots and land across the United States. It specializes in acquiring distressed assets including land and mortgages. Although CBD does have a division that acquires land for long term investment, the land in Horseshoe Bay is intended to be resold immediately. According to CBD Compliance Officer Raj Balkaran, CBD intends to sells the lots at current market values starting in the fourth quarter 2012. Mr. Balkaran estimates CBD will sell its entire inventory within eight to twelve months.

The land was purchased by CBD from Textron Financial of Greenwich Connecticut. Textron adversely acquired title to the land from prior owners who previously purchased the lots from California based National Recreational Properties Inc. CBD and its affiliate Desert Mountain Land also have acquired another 17 lots from individual owners throughout the Horseshoe Bay community. It also has under contract 151 more building lots throughout the community.

David Waronker, President of CBD Real Estate, believes its investment in Horseshoe Bay will be significant not only for his company but also for its many future customers. According to Mr. Waronker the land and lots acquired are very low prices and will be resold to the public for prices never seen before in Horseshoe Bay, with some lots selling for just $1000. At the peak of the housing market, the average sales price for a lot in HSB was $21,000.

David Waronker
CBD REAL ESTATE INVESTMENT LLC
President

March 2012
Aroostook County, Maine

Desert Mountain Land Holdings LLC, an affiliate of Celebration Florida based CBD Real Estate Investment, announced the acquisition of over 1000 acres in Aroostook County, Maine.
Desert Mountain Land, along with Nevada based Land Ho Inc., New Jersey based Aristotle LLC, and Scottsdale Arizona based Waronker Family Land Holdings, acquired title to 47 separate properties from County resident Gary Dernlan. Although no purchase price was announced, according to county records the assessed value of the real estate acquired was over $1.45 million. Amongst the assets acquired by Desert Mountain Land are vacant land and lots ranging in size from 7 acres to 224 acres, including homes, farm properties, and commercial building from multiple county towns including Limestone, Presque Isle, Madawaska, Washburn, Plantation, and Caribou. Part of the sale included the former House of Pizza Restaurant located on Maine Street in Madawaska as well as a large industrial building located at 103 Water Street in Caribou.

Desert Mountain Land and its partners acquired the County properties for both immediate and future resale. According to Desert Mountain Land President David Waronker, the company intends to acquire more county properties throughout the remainder of the year and into 2013.
David Waronker
CBD REAL ESTATE INVESTMENT LLC
President