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June, 2005

Starpointe Sells Out Two East Valley Communities

Scottsdale, AZ—Starpointe Communities, the Valleys largest condominium builder, sold out their first two East Valley developments recently.

Biagio Condominiums, a 116-unit community at Chandler Blvd. and Rural Rd. sold out in April followed by The Bridges at Ocotillo, a 234-unit community located in the Ocotillo Master Planned Community, selling out in May.

Biagio is an upscale community offering luxury condominium living with one and two story homes all with attached garages. Located less than a mile from Chandler Fashion Center and the 101, Biagio is surrounded by an abundance of major retail centers, businesses and restaurants. Biagio homeowners will not only live at one of the most attractive areas in Chandler, but arguably one of the best locations in the Valley.

Construction on Biagio is expected to finish by mid 2006.

The Bridges at Ocotillo is located on Queen Creek Road, just a 1/4 mile east from the intersection of Queen Creek Road and Alma School Roads. This luxury community offers one and two story homes and attached two car garages.

This community offers another ideal location. The award winning Ocotillo Master Planned Community is well known for its 138 acres of lakes, a championship golf course, plentiful restaurants and shopping.

Construction on the community is also speeding along with an expected completion date of December 2006.

Scottsdale based Starpointe Communities has an eight year history of providing exceptional value and quality to homeowners throughout the valley with over 1600 homes built and 800 in the planning stages. To learn more about Starpointe, visit www.starpointeproperties.com.

Media contact: Lynlee Sullivan (480) 609-6779

This information was current at the time it was published.

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