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Clark CARES Sponsors Inaugural Southeast Charity Golf Tournament

First Year of Local Event Raises Funds for Charitable Organizations
October 24, 2008

Midland, Ga. — Recently, Clark Realty Capital, Clark Builders Group, and Pinnacle hosted the first Southeast Clark CARES Open at Bull Creek Golf Course to benefit the Clark CARES Foundation, a public charity that provides direct aid to deserving non-profit organizations. Attracting more than 60 golfers and 40 corporate sponsors, the event raised over $90,000 for recipient organizations including the Valley Rescue Mission, Operation Home Front, and the Lower Chattahoochee Area Agency on Aging (AAA).

Clark CARES Sponsors Inaugural Southeast Charity Golf Tournament Press Release Image

Clark CARES Sponsors Inaugural Southeast Charity Golf Tournament

"On behalf of the thousands of military families served by Operation Homefront, thank you," said Kim Scofi, chapter president of Operation Homefront. "This generous donation from Clark CARES will provide much needed emergency assistance to those who sacrifice everything for our country."

The beneficiaries of the Southeast Clark CARES Open serve a wide array of charitable needs in and around Fort Benning and Columbus, Ga. Operation Homefront provides emergency assistance to wounded soldiers and military families in need.

The Valley Rescue Mission works to change the quality of life for the homeless, needy and those suffering from addictions to reenter society through a variety of support programs. Lastly, the Lower Chattahoochee AAA connects senior citizens and care givers with an array of services and assistance to improve the quality of life of older adults.

"We are very appreciative for the outpouring of support for our first tournament," said Phil Cowley, development executive of Clark Realty Capital. "In all that we do, giving back to our local community is always a priority and with the generosity of our donors, we can continue to make even more of an impact."

The Clark CARES Open is held in three locations across the United States; collectively, the events have raised more than $750,000 since their establishment four years ago. After the tournament, players attended a lunch reception held in the Bull Creek Golf Course Pavilion. The reception began with the announcement of the tournament winners followed by the official check presentation to this year's charitable organizations.

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About The Clark CARES Foundation

The Clark CARES Foundation is a recently formed Internal Revenue Code Section 501(c)(3) public charity committed to improving local, national, and global communities through its charitable contributions program. The Clark CARES Foundation provides grants to deserving organizations in an effort to promote five main pillars of support: Community - Uniting individuals to build a stronger society; Advocacy - Raising awareness as inspiration for action; Responsibility - Fostering a culture of accountability; Education - Empowering others to improve the world around them; and Service - Committing resources to set values into motion. For more information, please visit www.clarkcares.org.

About Clark Realty Capital

Clark Realty Capital (CRC) is a fully integrated national real estate company offering a broad base of services including capital markets, development, construction, property management, and investment management. The Army, Navy, Air Force, and Marines are leveraging the ingenuity and assured performance of CRC at 12 military installations throughout the United States. Upon completion of current military projects, CRC will have built or renovated over 34,000 homes with a development value in excess of $4.9 billion. For more information, visit www.clarkrealtycapital.com.

About Clark Builders Group

As the fourth largest multifamily builder in the nation, Clark Builders Group (CBG) is one of the nation's premier builders of luxury apartments, military family housing, and mixed-use communities. CBG has constructed more than 50,000 homes since its founding in 1992 and boasts an extensive portfolio of nationally acclaimed, award-winning communities on both coasts. CBG is an affiliate of the Clark Construction Group, one of the nation's oldest and largest private general contractors. For more information, visit www.clarkbuildersgroup.com.

About Pinnacle

Pinnacle, an American Management Services Company, is the nation's leader in third-party fee management, managing a portfolio of apartment, office and industrial assets valued at more than $17 billion, with over 5,000 employees in 42 states. Pinnacle's multifamily portfolio consists of over 175,000 units. For more information, visit www.pinnaclerealty.com.