KISLAK PROMOTES JONI SWEETWOOD TO SENIOR VICE PRESIDENT

Woodbridge, NJ, Jul 1, 2010 - /FLIERWIRE/-- The Kislak Company, Inc., the dominant investment real estate sales firm in the tri-state region, recently announced the promotion of Joni Sweetwood to Senior Vice President. Ms. Sweetwood joined Kislak in 1996 and is one of the company's most successful salespeople. She handles investment sales transactions with a focus on multifamily properties in and around northern New Jersey.

"Joni is extremely deserving of this promotion," said Robert Holland, senior vice president and co-managing director. "She is consistently one of our top salespeople due to her tireless work ethic, dedication to clients and comprehensive market coverage. She is a hands-on deal closer and is successful regardless of market highs or lows. Joni's consistent record speaks for itself."

Since joining Kislak, Ms. Sweetwood has sold more than 16,000 multifamily units, including more than 14,000 in New Jersey, and over one million square feet of commercial space.

Prior to joining Kislak, Ms. Sweetwood served as a vice president and REO portfolio manager for Midlantic Bank and The Howard Savings Bank where her responsibilities included the management and disposition of commercial property bank foreclosures. Her prior banking experiences have provided Kislak with an advantage in the disposition of distressed properties and debt over the past few years.

Ms. Sweetwood has won numerous sales awards at Kislak including the company's Production Award for the highest annual sales volume and has also been recognized repeatedly as one of "Real Estate New Jersey's" Commercial Broker All Stars for her sales accomplishments throughout the state.

Ms. Sweetwood holds a Bachelor's Degree in Finance from Hofstra University and a Master's Degree in Finance from Fordham University. She is a licensed real estate salesperson and certified public accountant.

Recent sales completed by Ms. Sweetwood include:

• The $8,900,000 sale of 163 units in East Orange, New Jersey
• The $8,300,000 sale of 271 units in Harrisburg, Pennsylvania
• The $5,000,000 sale of 65 units in Orange, New Jersey
• The $2,900,000 sale of 54 units in Brooklawn, New Jersey
• The $2,730,000 sale of 51 units in Newark, New Jersey
• The $2,000,000 sale of 28 units in Elizabeth, New Jersey

The Kislak Company, Inc., which is headquartered in Woodbridge, New Jersey, is recognized as the dominant investment sales company serving the multifamily and retail markets. Established in 1906, Kislak's market leadership position and longevity is due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak's prestigious client base includes individual investors and owners, partnerships, financial institutions REITs. The firm's 25 professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania and Delaware.

For more information on The Kislak Company, please contact Jason Pucci, Chief Operating Officer, at (732) 750-3000 ext. 214 or jpucci@kislakrealty.com, or visit www.kislakrealty.com.

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