�Few are aware of the exceptional strength of the Atlantic City timeshare market,� said Arthur Adler, Managing Director, Americas, of Jones Lang LaSalle Hotels. �Interval sales at The Towers� two primary competitors exceeded $45 million in 1999 and are on pace to surpass that in 2000.�

Originally conceived as a luxury, high-rise condominium complex, The Towers has 296 apartment units (including a mix of large one- and two- bedroom units), a five-story parking deck for 265 cars, health club, outdoor pool and 8,100 square feet of retail and/or meeting space.  

According to Alan Tantleff, Senior Vice President of Jones Lang LaSalle Hotels, numerous opportunities exist to form a strategic alliance with several of the casino hotels.  �There is enormous potential for a partnership here because all of the casinos need more rooms to generate casino traffic.  The overall casino hotel market runs in excess of 95% occupancy annually.  The two closest casinos, Resorts Casino Hotel and Trump�s Taj Mahal, have expressed a willingness to work together to ensure that the property is redeveloped as a hotel or timeshare use.�

Jones Lang LaSalle Hotels, the leading hotel investment banking services group in the world, provides clients with value-added investment opportunities and advice.  Its recent two-year success story includes the sale of 17,027 hotel rooms to the value of $2.2 billion in 75 cities and advisory expertise for 200,036 rooms to the value of $29.8 billion across 278 cities.  Jones Lang LaSalle Hotels� services include transactions, mergers and acquisitions, financial advice and capital raising, valuation and appraisal, asset management, strategic planning, operator assessment and selection and industry research.  Jones Lang LaSalle (NYSE: JLL) is the world�s leading real estate services and investment management firm, operating across more than 100 key markets on five continents.