League Assets Corp.

League Assets Corp.

September 23, 2009 09:15 ET

League Assets Corporation Welcomes Patrick M. Miniutti

VICTORIA, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2009) - League Assets Corporation - the world's Intergenerational Wealth(TM) Institution - announced today that Patrick M. Miniutti would be joining League as its Chief Financial Officer.

"We're delighted to have someone of Patrick's caliber and experience joining us," said Emanuel Arruda, League Founding Partner. "He adds depth to the League team that will help us expand in the coming years."

Mr. Miniutti will work extensively with League's other Founding Partner, Adam Gant. "I look forward to establishing a close working relationship with Patrick," said Mr. Gant. "Certainly League will benefit from his background in accounting and tax, as well as in capital markets and real estate, including acquisitions and asset management."

Prior to joining League, Mr. Miniutti served as Managing Director with Sunset Realty Services, a real estate, financial and management advisory services firm. Before this, he served concurrently as Executive Vice President, Chief Financial Officer and Chief Operating Officer of Konover Property Trust, as well as serving on its Board of Directors. He has also served as Executive Vice President and Chief Financial Officer and on the Board of Directors of Crown American Realty Trust, a company in which he was a critical participant in its IPO. In addition, Mr. Miniutti served as Vice President, Financial Services and Chief Accounting Officer for Cadillac Fairview Corp. All of these organizations were publicly traded commercial real estate companies.

Mr. Miniutti has a bachelor of science degree in Accounting from the University of Bridgeport and has substantially completed his MBA studies at Michigan State University. He is a Certified Public Accountant.

"Patrick has a lot of experience in the development and management of many property types, including retail centres, offices, multi-family housing and mixed used-properties in both this country and the United States," said Mr. Gant, citing Mr. Miniutti's involvement in the many aspects of real estate and property development. "We continue to attract and recruit the most capable and right-thinking people from across the industry, with the ultimate goal of enabling our Member-Partners to secure lasting Intergenerational Wealth."

Mr. Miniutti will be based at the company's Victoria, BC head office.

Victoria, BC-based League Assets Corp. manages the IGW REIT, one of North America's fastest-growing private Real Estate Investment Trusts, comprising a portfolio of Canadian commercial, industrial, multi-family residential properties with combined assets approaching $300 million. The IGW REIT exists to find, acquire, improve and manage real estate properties on behalf of its 1,700 Member-Partners. Combined with its other investment pools, League is currently managing and developing assets with approximate build-out values totaling $2-Billion.

For more information, download The Blue Book of Real Estate Syndication and Company Backgrounder.

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