SOURCE: Hanley Wood

August 13, 2008 16:23 ET

Hearthstone BUILDER Announce New Event at IBS 2009

WASHINGTON, DC--(Marketwire - August 13, 2008) - In 2009, the Hearthstone BUILDER Humanitarian Awards program, now in its 10th year, will join with BUILDER Magazine's 30th Anniversary celebration to honor the leading innovators in the home building industry from the past 30 years.

Leaders and visionaries who have shaped the home building industry will be honored at a one-of-a-kind event at the International Builders' Show and a sizable grant will be donated to charities in their names. Held January 20, 2009 in Las Vegas, the invitation-only affair will include prominent builders, manufacturers, suppliers and financial institutions that support the home building industry.

"We're very proud of our association with the Hearthstone BUILDER Award," says Frank Anton, CEO of Hanley Wood, LLC. "Celebrating both anniversaries together makes great sense and will result in an important industry event."

Stephanie Anderson Pugash, Vice Chairman of Hearthstone, says, "Community service is an important part of the culture at Hearthstone and the Hearthstone BUILDER Humanitarian Award was created to honor building industry leaders who have shown a lifetime commitment to helping others. Hearthstone is delighted to be working with our partner, BUILDER, on producing an event that continues to recognize outstanding achievers in the home building industry. Since its inception over 10 years ago, the award has donated almost $4 million to charities across the United States and we are proud to be able to continue this tradition."

Boyce Thompson, editorial director of the BUILDER/MULTIFAMILY/TECH groups, says, "We're working now to identify the 30 most important contributors to the home building industry and we're grateful to Hearthstone for adding a charitable donation to the honor."

The Hearthstone BUILDER Humanitarian Awards were created when Hearthstone, the largest institutional investor in residential development in the United States, and Hanley Wood's BUILDER magazine joined together to create an award to honor building industry leaders who have shown a lifetime commitment to helping people in the communities in which they live. The Kohler Co. was, and continues to be, a founding sponsor.

BUILDER magazine was launched 30 years ago by the National Association of Home Builders. Still the official publication of the NAHB, BUILDER was purchased by Hanley Wood in 1979 and has grown to be one of the leading business-to-business magazines in the United States. BUILDER is celebrating its 30th anniversary with a year-long series of articles on the industry, a dedicated section of its award-winning Web site and the BUILDER Living Home to be built on the exhibit floor at the 2009 International Builders' Show.

About Hanley Wood

Hanley Wood, LLC, is the premier media and information company serving housing and construction. Through four operating divisions, the company produces award-winning magazines and Web sites, marquee trade shows and events, rich data and custom marketing solutions. The company also is North America's leading publisher of home plans. Hanley Wood Business Media (Washington, D.C.) publishes 36 award-winning residential and commercial construction titles, including BUILDER, REMODELING, ARCHITECT, CUSTOM HOME, CONCRETE CONSTRUCTION and residential architect. Hanley Wood Business Media also offers the construction industry's foremost collection of Web sites, including BUILDER ONLINE, REMODELING ONLINE, ARCHITECT Online and ebuild, the comprehensive online guide to building products, as well as the largest collection of house plans online through and Dream Home Source.

Founded in 1976, Hanley Wood is a $250 million company owned by affiliates of JPMorgan Partners, LLC. CCMP Capital Advisors manages the Hanley Wood investment for JPMorgan Partners.

About Hearthstone

Hearthstone was the first, and today is the largest, institutional investor in residential development projects in the United States, with over $12 billion committed to the industry. Founded in 1992, Hearthstone has financed more than 460 communities to date in 95 markets in 20 states representing nearly 110,000 homes.

The firm manages a substantial source of investment capital from public and private pension plans, university endowments, Fortune 100 companies and large private trusts. As of mid-year 2008, Hearthstone had over $1.4 billion of home building and residential lot development assets under management in 12 states with 20 home building companies. This consists of 65 residential developments totaling 50,000 homes and lots. Hearthstone is headquartered in Los Angeles and has offices in San Francisco, San Diego and Chicago.