Hyatt-Flagged Luxury Beach Residences Planned for Sea Castle Property on Siesta Key, FL Crescent Beach.

Sarasota, FL -- (ReleaseWire) -- 06/21/2007 -- Brent Virkus, president and founder of TRiTON Companies, announced that he has entered into an agreement with Hyatt to develop the current Sea Castle property on Siesta Key's Crescent Beach as a Private Residence Club (PRC). "We are very excited about this project and the ability to bring an amazing development to Siesta Key," said Virkus, who secured Wall Street financing at a time when investment bankers have given the cold shoulder to Florida condominium development.

"We had to think outside the box with the real estate market being what it is today," he explained. "We knew we had the opportunity of a lifetime with the Sea Castle property---300 linear feet of beachfront on one of the best beaches in the world makes this spot extremely desirable. And, in doing our research, we learned that people who own high-end luxury beachfront homes spend only limited time each year in the actual residence which makes a fractional ownership such an attractive option."

Virkus continued to say that fractional real estate is the hottest segment in the industry right now. According to a New York Times article published in April this year, fractional real estate is growing rapidly, increasing to $1.65 billion in sales last year for the United States, Canada and the Caribbean, up more than 30 percent from 2005.

Although sometimes mistakenly compared to timeshare, fractional real estate owners are actually deeded partial ownership (typically one quarter to one twelfth) of the actual real estate, with shared use privileges. It gives owners access to premium destinations, luxurious residences, considerable amenities and personal services and allows them to enjoy their favorite places as an owner without the expense and hassle of a wholly-owned vacation residence.

"Although many fractional buyers can ultimately afford to own a $3 million beachfront home on Siesta Key or the slopes of Aspen, with fractional, they get an ultra-luxurious retreat that is fully-staffed to take care of both the residence when they are not there and their personal on-site needs when they are," said Virkus.

Virkus said that property will be so richly finished and appointed that each residence will wow even the most hard-to-please buyer. "Fractional offers a level of service so outstanding that residents arriving for their beachfront living will find the refrigerator stocked to their specifications, their favorite linens on the bed, fresh flower arrangements throughout and 7:30 dinner reservations for any table in town," he said. "It's the ultimate in luxury living."

Virkus also added that he has a personal connection to Siesta Key, "I have been vacationing on Siesta Key every year for the past 20 years with my family. It is one of the highlights of the year. We have actually stayed at Sea Castle."

The working name is The Hyatt Residence Beach Club at Siesta Key.

TRiTON closed the deal on the Sea Castle property June 1. Demolition and construction is slated to begin early next year.

About TRiTON
TRiTON Companies is a real estate development company with office in Sarasota, Detroit and NYC. Its real estate portfolio is valued at more than $1 billion, with properties across the United States including Florida, Hawaii and Phoenix, Arizona. TRiTON Companies offers a full-range of real estate development and investment services, including asset selection, due diligence, risk management, asset repositioning, construction management and financial management. TRiTON recently launched One Palm, the luxurious condominium and retail project planned for Palm Avenue in downtown Sarasota.

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Downtown Residences Designed to Enhance & Embrace Cosmopolitan Lifestyle

Sarasota, FL -- (ReleaseWire) -- 11/28/2006 -- According to the development team at TRiTON Companies, a new set of standards has been applied to the One Palm design. Their research, gathered from extensive conversations with likely purchasers of $1-2 million downtown Sarasota condominium residences, has led to a design initiative that puts future owners in a community built to specifically accommodate their lifestyle.

One Palm spokesperson, Brent Virkus said, "Our team created a long list of amazing amenities, but when potential owners were interviewed, we found that they only wanted those that truly enhance their day-to-day living."

Virkus said that the insight was invaluable. "We now have zeroed in on what people are truly seeking in a high-end downtown residence. With over thirty floor plans, One Palm offers its future residents a comfortably elegant design that will surround them and their guests both in the private residences and throughout the building," he explained.

Some of the amenities and features One Palm residents can look forward to are a roof-top Infinity pool, private elevators, expansive terraces with magnificent Bay views, towering ceilings with abundant glass for a light and airy environment and a dedicated collection of retail and services that enhance a luxury lifestyle at pedestrian level.

JKL Design is the interior designer, Hoyt is the architectural firm, Michael Saunders New Homes and Condominiums Division will handle sales, CAP Creative is the marketing and advertising agency and CM&D is the project director. Construction is targeted to begin in July 2007.

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Internationally known Construction Management & Development, Inc. picked for expertise to oversee the construction of a 99 residence condominium project over a full block of street level lifestyle retail and dining.

Sarasota, FL -- (ReleaseWire) -- 11/14/2006 -- Plans are preceding on schedule for One Palm, the ultra-luxury downtown condominium and retail project to be built on Palm Avenue, with this week's announcement of Construction Management & Development, Inc. (CM&D) as the project manager. CM&D has eight offices throughout America and has global experience from Antigua to Santiago to Vanuatu as well as 13 other international locations and thirty-six high profile and resort destination cities in America.

CM&D's Gregg Alessi is in Sarasota now and has taken the reins as One Palm's Project Director overseeing everything from the architect to zoning regulations. "I've visited Sarasota for years. I think this is one of the nicest places in America and I am very enthusiastic about One Palm," said Alessi. "This is a legacy building that will have an enduring presence and very likely the last place in downtown to combine this level of luxury with these extraordinary views of Sarasota Bay and the Gulf." CM&D's projects have included some of the finest luxury hotels, resorts and residential buildings throughout the world, as well as a wide variety of mixed use office, retail, parking and residential developments.

Brent Virkus, One Palm spokesperson and president and CEO of TRiTON Companies, said, "My historic relationship with CM&D made this decision one of the easiest I've ever made." CM&D president and CEO, James B. Salter, CCI, CCPM, is an executive on Virkus' recently launched TRiTON Property Fund board. He also is winner of Hilton Hotel Corporation-1998 - Project Manager Award for Value Engineering.

"CM&D has managed the project and construction of 47-story towers in Hawaii, a $20 million private residence in Telluride, 6000 residences for the US Department of Navy, a 32-story high rise resort in Tumon, Guam and hundreds more. I have every confidence in the CM&D team for One Palm," said Virkus.

One Palm will offer luxurious living in downtown Sarasota with a multitude of on-site and nearby amenities designed to enhance cultural well-being. The majority of residences will fall between one and two million dollars. Construction is targeted to begin in July 2007.

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Sarasota Investment Community to have Access to Major Real Estate Transactions

Sarasota, FL -- (ReleaseWire) -- 10/13/2006 -- Today, TRiTON Companies, a real estate development and investment firm with offices in Detroit and Sarasota, announced plans to launch the TRiTON Property Fund here. The TRiTON Property Fund is a Real Estate Investment Fund that will provide investors an alternative to stocks, bonds and other investment avenues.

"Our expertise at TRiTON has always been our ability to recognize real estate opportunities with great potential," said Brent Virkus, president and CEO of TRiTON Companies. "We've been very successful identifying deals that only a tiny fraction of the investment community is ever even aware of. These are high-worth transactions that close long before the general investor has any knowledge the opportunity even exists," he explained. Virkus will channel that proficiency into the TRiTON Property Fund.

Prior to founding TRiTON Companies, Virkus managed high net-worth individuals' investments at UBS Paine Webber and Merrill Lynch for a total of 10 years and developed many strong relationships with high net-worth individual and institutional investors along the way. Under his direction, TRiTON's portfolio has grown an average of 300% annually.

"The focus of the Fund will be on real estate opportunities that feature waterfront or water view properties," said Virkus. "Many of these investments will be in the Sarasota area so I thought it apropos to introduce the Fund here to give local investors a chance to realize the potential on projects that they normally wouldn't have access to."

Virkus is joined by some very high-profile Board members---financial heavyweights known for their world-class real estate expertise---who have joined not only in Principal and Advisory positions, but, said Virkus, "They've got skin in the game."

Principal and Investment Board Member, Douglas A. Tibbetts, who also owns and manages Paradise Properties, L.LC., served as president and COO of Lend Lease Real Estate Investments (previously Equitable Real Estate) which was the nation's largest and most diversified real estate company with $35 billion in assets under management. The company averaged over $10 billion in acquisitions, sales and financing each year. LLREI purchased ERE, a wholly owned and subsidiary of Equitable Life/AXA, in 1997 for $500 million.

Another principal and investment board member on the TRiTON Property Fund is Gary Sligar, Tibbetts' partner in Paradise Properties. In 1989 Sligar founded, chaired and was CEO of COMPASS Management and Leasing. He sold the company to LaSalle Partners in 1998 and was named Vice Chairman. Upon the sale to LaSalle Partners, Compass had become a leading international property management and leasing company, operating in 400 cities on five continents with over 125 institutional investments, corporate and private clients with responsibility for more than 200 million square feet of space.

James B. Salter, C.C.I., C.P.M., who is president and CEO of CM&D is also a Principal and Investment Board Member on the TRiTON Property Fund. Salter's career in the construction industry spans three decades. He is presently a building and development consultant for numerous redevelopment agencies throughout the western United States. CM&D provides exclusive construction and development project management to developers, architects, engineers, and municipalities with offices in six states and International experience from Antigua to Taipei.

TRiTON Companies purchased the Gold Bank Building property this spring and are building One Palm, an ultra luxury residential/retail project on the site in early 2007. They also recently purchased Sea Castles on Siesta Key. The property features 300 linear feet of private frontage directly on Crescent Beach. The Company currently has over $1billion in real estate assets in Arizona, Colorado, Florida, Hawaii and Michigan---including Office, Retail, Hospitality and Residential developments---under management. For more information, visit www.TRiTONCompanies.com.

CONTACT:
Roxanne Joffe (941) 953-9191

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One Palm Developer Chooses Michael Saunders Ultra Luxury Condominiums to be sold through Michael Saunders New Homes & Condominiums Division

Sarasota, FL -- (ReleaseWire) -- 08/18/2006 -- Brent Virkus, spokesperson for the recently revealed One Palm ultra-luxury condominium and retail complex to be built on Palm Avenue in downtown Sarasota , has announced that sales and marketing of the exclusive residences he plans will be in the capable hands of the Gulf Coast's leading Real Estate firm, Michael Saunders & Company.

Virkus, president of TRiTON Companies who, along with RBS Companies, submitted One Palm plans to the Sarasota City Planning Department last week, said, "One of the best assets of TRiTON and RBS is our ability to recognize talented people wherever and whenever we initiate a project of this magnitude. Clearing the $3 billion annual sales threshold certainly qualifies Michael Saunders. We're delighted to be working with such an exceptional team."

One Palm will offer sophisticated living in downtown Sarasota with a multitude of on-site and nearby amenities meant to enhance cultural richness. The majority of residences will fall between one and two million dollars..

Michael Saunders, the dynamic force behind the company that bears her name, said, "In One Palm, we see what a creative developer can do to bring fresh and innovative residential concepts to our thriving downtown. It will be perfect for those who enjoy the convenience and pace of urban living but prefer the ambiance of a neighborhood. The location just couldn't be better. We are looking forward to working with Brent, TRiTON Companies and RBS in presenting this exceptional community to the market." One Palm construction is slated to commence in January 2007.

About Michael Saunders & Company
Founded in 1976, Michael Saunders & Company is a privately held, independent real estate brokerage firm with annual sales volume in excess of $3.2 billion. Headquartered in Sarasota, Florida, the Company is comprised of six divisions including New Homes & Condominiums, Residential Sales, The Commercial Group, the International Group, Resort Management and Relocation; affiliate companies MSC Title, MSC Mortgage, Michael Saunders Securities Corp., and M. Lynn Referrals; and 16 real estate branch offices.

The New Homes & Condominiums Division was formed in 1996 and currently represents 21 new communities along Florida's Gulf Coast and now the Dominican Republic's eastern shore. Providing comprehensive planning, marketing and sales services, the group works hand-in-hand with the area's most respected developers. For more information, visit www.thesaunderscollection.com.

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RBS and TRiTON, the companies that purchased the fomer Gold Bank Building here earlier this year, have submitted preliminary plans to the Sarasota City Council in the first step to a ultra luxury condominium/retail project named One Palm. One Palm will provide new level of sophisticated urban living in Sarasota. One Palm to Provide New Level of Sophisticated Urban Living in Sarasota

Sarasota, FL -- (ReleaseWire) -- 07/31/2006 -- TRiTON Companies and RBS Companies, Inc., a partnership that purchased the former Gold Bank building earlier this year, has announced preliminary plans for the property. Going before the Sarasota City Planning Department this week, spokesperson Brent Virkus, president of TRiTON, presented plans for One Palm, a luxury residential building, which includes high-end retail stores at street level, to be built on the Palm Avenue property. This is the first step for a proposed project that will redefine the standard of luxury downtown living.

"Modeled after the chic cosmopolitan lifestyle found in the world's most fascinating cities, One Palm will offer sophisticated living in downtown Sarasota with a host of on-site and nearby amenities that will lend cultural richness to the address," explained Virkus.

According to Virkus, One Palm will be marketed to people who know what Sarasota has to offer and have the desire to own a residence here. "I think people are either going to make One Palm their primary residence or at least live here through the winter months because everything they could want or desire will be at their fingertips," he said. "One Palm promises to be the ultimate expression of luxury in a private downtown residence---like living in a secluded country manor, but surrounded by cultural amenities only a city like Sarasota can offer."

Virkus continued to say that One Palm will make a contribution to the growth and beauty of the downtown area that will be a benchmark for years to come. "We're proud of this project and proud to be part of Sarasota's vibrant future," said spokesperson Virkus.

About TRiTON
TRiTON Companies is a real estate development company based in metropolitan Detroit with a Sarasota office in the M & I (formerly Gold Bank) Building located at 240 S. Pineapple, Suite 201. Its real estate portfolio is valued at more than $1 billion, with properties across the United States including Florida, Hawaii and Phoenix, Arizona. TRiTON Companies offers a full-range of real estate development and investment services, including asset selection, due diligence, risk management, asset repositioning, construction management and financial management.

About RBS Companies
RBS Companies, Inc. is a leading real estate development company based in Michigan. Its family of companies offers a full range of real estate development services, construction management, property management, and residential development. Its developments include commercial office, high-tech industrial, medical office, multi-family apartments and condominiums, retail, and single family custom and semi-custom homes.

CAP Creative
1900 Main, Suite 301
Sarasota, FL 34236
(941) 953-9191
CONTACT:
Roxanne Joffe
E-mail: rjoffe@capcreative.com

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