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CHICAGO-BASED AMERICAN INVSCO WORKS ITS MAGIC IN ORLANDO

CHICAGO November 17, 2004 - Nicholas S. Gouletas, Chairman and CEO of American Invsco, is pleased to announce that after premiere events in Chicago and Orlando, the firm has contracts pending on each of the 416 units at its latest conversion property – Sand Lake Private Residences in Orlando, Florida.

Hundreds of prospective buyers and investors flocked to a champagne reception and exclusive presentation of Sand Lake in Chicago, where Nick Gouletas explained the benefits of owning property in Orlando, where real estate values have increased 18% during 2004. He also gave an overview of the 27-acre campus comprised of 16 buildings, its prime location and the list of improvements currently being made to enhance the beauty and value of Sand Lake.

The private gated community boasts two lakes, a pond, two swimming pools, lighted tennis courts, basketball court, sand volleyball court, barbeque areas, a playground, a pier with gazebo and a clubhouse with Internet capabilities. One, two, three and four bedroom homes with spacious floorplans are offered and feature stainless appliances, new paint, new kitchen/dining/bathroom lighting, new air conditioning units and patios with storage closets.

Sand Lake Private Residences is ideally located within the Golden Triangle – Disney World, Universal Studios and SeaWorld. It is minutes away from famed golf courses, upscale dining and shopping and a dynamic array of entertainment options including Broadway shows, concerts, Orlando Magic basketball and nightclubs.

Gouletas made the poignant statement “You make money when you buy real estate not when you sell it”. Meaning that everyone who purchases at Sand Lake is certain to enjoy almost immediate appreciation on their home.

Interested parties are still encouraged to inquire as to availability at Sand Lake by calling Sand Lake Sales Manager Eric Mann at 407.431.0330. With the tremendous success of this Orlando property, American Invsco is currently in negotiations to purchase additional properties in both Central and South Florida.

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8927 Latrec Avenue
Orlando, FL 32819
Tel: (407) 352-0208
Fax: (407) 351-7713
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For more information about any of American Invsco properties, contact our National Marketing Division Office at (312) 431-8311.

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