Wexford Homes Announces New Floor Plans and Pricing at Stonebridge Woods

HINSDALE, IL--(Marketwire - June 24, 2008) - Wexford Homes, a division of Wexford Development, LLC and a developer of residential and commercial properties, announced today the addition of two new models to its collection of single-family estate homes at Stonebridge Woods in Homer Glen, Ill. The new models, developed with the same luxury features as the existing models, have been created to make homes in this desirable location more affordable for buyers with lot/house packages starting under $600,000.

Located 30 miles southwest of Chicago in the fast-growing, much-desired Village of Homer Glen, the Stonebridge Woods neighborhood offers residents the tranquility of a suburban lifestyle with access to a variety of amenities nearby. Surrounded by six ponds and mature wooded areas, Stonebridge Woods offers large home sites, ranging in size from one-third acre to more than one acre. Residents can enjoy convenient transportation throughout the Chicagoland area via the recently opened I-355, which is two miles from the community. Extensive new retail developments are also underway in nearby Lockport, located just two miles from Stonebridge Woods off of I-355 and 159th Street.

Interested buyers are welcome to visit Wexford Homes' new models at Stonebridge Woods. The ranch-style Cypress model features 2,300 square feet of space with prices starting at $575,000. The two-story Catalpa model offers 3,500 square feet of space and features a first floor master bedroom with prices starting at $699,000. Floor plans and renderings are available at www.stonebridgewoods.com. For more information, call the sales office at (708) 301-3535, or visit the office at 16230 Olha Farm Way in Homer Glen. Office hours are 10 a.m. to 6 p.m. daily, closed Tuesday and Wednesday.

"Prices have never been better on our luxury homes in the beautiful Stonebridge Woods community," said Don Price, president, Wexford Homes and Wexford Development. "The creation of two new floor plans provides us with the opportunity to offer buyers significantly reduced prices on our custom-crafted homes. For the first time, we are offering lot/house packages starting under $600,000, which is an unprecedented savings for this exclusive neighborhood."

Stonebridge Woods also benefits from the new park that the Village of Homer Glen is developing adjacent to the front entrance of the community. Located on five and a half acres of land, the park features an open, multi-use play field; walking and biking paths; lighted tennis courts; a sand volleyball court; a basketball court; picnic shelter; and playground equipment.

In addition to two new models, Wexford Homes is also offering seven different and beautifully styled floor plans, as well as complete custom design-build opportunities. Prices for these homes range from $740,000 to $1.2 million.

For more information on Wexford Homes at Stonebridge Woods, please visit www.stonebridgewoods.com.

About Wexford Homes

Wexford Homes is a division of Wexford Development, LLC, which specializes in the development of residential and commercial properties. Headquartered in Hinsdale, Ill., Wexford Development is a subsidiary and affiliate of WexTrust Capital, a globally diversified private equity and investment banking company with a proven track record for protecting its clients' assets and delivering a superior return-on-investment through its diverse portfolio of principal investments. WexTrust Capital specializes in unique investment opportunities ranging from real estate to specialty finance and investment banking. Headquartered in Chicago, the company also maintains offices in New York, Norfolk, Va., Atlanta, Boca Raton, Fla., Nashville, Tenn., Tel Aviv, Israel, and Johannesburg, South Africa. More information can be found at www.wextrust.com.

Contact Information: Media Contacts: Sara DeNio Dresner Corporate Services 312-780-7223 sdenio@dresnerco.com David Gutierrez Dresner Corporate Services 312-780-7204 dgutierrez@dresnerco.com