FOR IMMEDIATE RELEASE 2006
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SR Construction Breaks Ground on New $11.5 Million Two Story Office Building for Republic Mortgage at The Park at Spanish Ridge

LAS VEGAS (January 23, 2006) Ð SR Construction has broken ground on Republic Mortgage's new headquarters at The Park at Spanish Ridge, a 32-acre business park on the east side of the I-215 Beltway between Tropicana and Russell. Located at 8918 Spanish Ridge Ave. , the 40,000 square foot two story concrete tilt-up building is slated for completion in fall of 2006 and will be valued at $11.5 million.

ÒWe researched several different locations to relocate our new corporate offices and found Glen, Smith, Glen Development was offering the quality we were looking for,Ó said Beverly House-Myers, CEO of Republic Mortgage. ÒSR Construction is the general contractor and they have been great to work with. We have a lot of confidence in SR Construction to live up to their reputation for constructing quality buildings.Ó

Republic Mortgage's new headquarters will be a 2-story structure designed by Perkowitz and Ruth Architects featuring interior design by Lisa Pierce at Commercial Design Group. In addition, the new building will be home to 140 out of 310 of Republic Mortgage's banking professionals.

Republic Mortgage is one of the largest and most prominent mortgage banking firms in Southern Nevada . Established in June 1983, the company attributes its success to years of experience and rock solid financial strength. In 2005, Republic Mortgage closed in excess of $1.3 billion in residential loans.

SR Construction is a full service design/build contractor whose commercial construction experience includes medical, retail, office, warehouse, parks and churches around Southern Nevada since 1991. A member of the Design Build Institute of America, SR Construction has completed numerous projects throughout the valley including China Spice Restaurant at the Green Valley Ranch Hotel and Casino, the ICU and third floor addition at Summerlin Hospital and Green Valley Christian School . For more information, visit www.srconstructionlv.com .

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