Prudential Arizona Properties and Countrywide Mortgage Ventures Form a Partnership to Create Gibraltar Mortgage Southwest Providing Loan Services to Prudential Clients.

Scottsdale, AZ January, 2006--Prudential Arizona Properties, a leader in the Arizona real estate marketplace, is proud to announce the addition of Gibraltar Mortgage Southwest to their growing list of client services. This new entity is the result of a union of Prudential Arizona Properties and Countrywide Mortgage Ventures for the purpose of making home ownership faster, easier, and more affordable than ever.

Gibraltar Mortgage Southwest will offer a wide selection of home loan opportunities to the customers of Prudential Arizona Properties. With each of Prudential Arizona Properties' 450 plus sales associates having immediate access to a Gibraltar Southwest Loan Officer, Prudential home buyers benefit from the convenience of a partnership between real estate and mortgage services.

According to Margaret Dixon, Broker/Owner of Prudential Arizona Properties, "The convenience of offering in-house lending services to the consumer and our sales associates is in line with Prudential Arizona Properties commitment to expand our ancillary services to best serve our clients. Our partnership with Countrywide to create Gibraltar Mortgage Southwest is one more step toward simplifying the home buying process and providing our clients with a one stop shopping experience."

Dixon continued, "It was important that we align ourselves with a national leader in residential financial services and Countrywide fit the bill. They are a national leader with a successful 35 year history of offering a wide selection of loan programs with excellent terms."

The Gibraltar Mortgage Southwest entity will be managed by 12-year lending professional Leanne Wayne who will office at the Prudential Arizona Properties corporate location in Scottsdale.

Gibraltar Mortgage Southwest will offer one of the widest ranges of products available in the mortgage industry including, conventional fixed and adjustable rate single-family residential mortgage loans, FHA, VA and jumbo loan programs. In addition complimentary consultations with a professional loan officer will be provided to buyers for pre-qualification and up front approval which gives Prudential Arizona Properties' clients an advantage when negotiating the purchase of a new home.

Prudential Arizona Properties' corporate headquarters is located on the Prudential Campus at Scottsdale and Frank Lloyd Wright. Office locations include: Chandler, Fountain Hills, Gold Canyon, Gilbert, Phoenix/Paradise Valley, Scottsdale (2), North Scottsdale, and the Northwest Valley.

Prudential Arizona Properties is an independently owned and operated member of Prudential Real Estate Affiliates, a division of Prudential Financial, headquartered in Irvine, Ca. with an international network of over 1,800 offices and 58,000 sales professionals. For further information on Prudential Arizona Properties, call 480-505-6274 or visit their Web site at at www.pruaz.com.

Press Contact:

Kathy McCord
Director of Marketing
Prudential Arizona Properties
Kathy.McCord@pruaz.com
480-505-6300

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