Home Buying Seminar to be Held at The Residences at Dixon Mills in Jersey City, N.J. on April 25

— Prospective Buyers Will Receive Invaluable Tips From a Wells Fargo Home Mortgage Expert —

With the competitive pricing and historically low interest rates being offered today, the market has clearly shifted in favor of homebuyers. On Saturday, April 25, Wells Fargo will visit The Residences at Dixon Mills, Jersey City’s premier historic condominium community, to explain the reasons behind this “buyer’s market” and what interested individuals can do to take advantage of it.
At 1 p.m. on April 25, Rick Knackstedt, a home mortgage consultant at Wells Fargo, will lead a discussion entitled, “Buying A Home In Today’s Market: Making Smart Moves.” The seminar will be held in the sales center of The Residences at Dixon Mills, 158 Wayne St. in Jersey City, N.J., The public is invited to attend the event, which is open to all types of potential buyers — first-time, move-up, second home or investment purchasers.

Knackstedt will answer key questions such as, “Is this a good time to buy a home?” “Is my credit good enough to qualify?” “How much money will I need for a down payment?” and “What type of mortgage financing is available?” Individuals in attendance on April 25 will learn why now is an especially opportunistic time to purchase in Jersey City, where Dixon Mills is located.

“With competitive pricing and a new 3.99 percent financing option for qualified buyers now available, The Residences at Dixon Mills represents an incredible value to buyers interested in owning a home in one of the region’s best locations,” stated Jon Ha, sales manager at The Residences at Dixon Mills. “In the past two months alone, we’ve had 18 new contracts signed and traffic continues to increase each week.”

A conversion of the landmark Dixon Mills factory in Jersey City into a community of 467 luxury condominiums, The Residences at Dixon Mills features residences that boast chic industrial architecture and one-of-a-kind floor plans. Studios, as well as one-, two- and three-bedroom condominium residences are available from the mid $200,000s. Duplexes and triplexes are also available, as are over 100 penthouses.

Over 350 one-of-a-kind floor plans, including duplexes and triplexes, are available to fit an array of lifestyle needs. The community is located just three blocks from the nearby Grove Street PATH station, offering direct access into Manhattan, as well as the neighborhood’s many retailers, restaurants and cultural and entertainment venues.

The five separate buildings that comprise The Residences at Dixon Mills were converted into apartments in the late 1980s. RGD Dixon, the venture between leading real estate development firm Robert Martin Co. and GoldenTree InSite Partners, is making a multimillion dollar investment in Dixon Mills by converting these historic buildings from apartments to condominiums, restoring the original architectural details, such as period brickwork, cobblestone-style streets, landscaped courtyards and turn-of-the-century streetlamps.

Many of the homes at Dixon Mills feature oversized windows and ceilings that range in height from nine feet to 12 feet; stylish gourmet kitchens outfitted with G.E. Profile stainless steel appliances and granite countertops; and luxurious bathrooms with Carrara tile floors, beautiful marble vanities, pedestal sinks and sleek finishes. Private outdoor patios with spectacular views of the Manhattan skyline and Statue of Liberty are available with select homes.

Progress is well underway for The Club at Dixon Mills, which will provide residents with access to a state-of-the-art complex featuring several lifestyle enhancing amenities, including a fully-equipped fitness center; movement room for activities such as yoga, stretching and classes; an all-purpose sports court for basketball and volleyball; and men’s and women’s locker rooms and saunas. Other amenities will include an expansive lifestyle lounge complete with a fireplace and kitchen, and a media room with comfortable seating and a plug ‘n’ play WiFi laptop area. The Club is scheduled to be completed in Spring 2009.

In addition to The Club at Dixon Mills, community amenities include round-the-clock security, courtyards with grills, private shuttle buses to the PATH station and on-site management and parking.

The Residences at Dixon Mills Sales Office is open from 10 a.m. to 6 p.m. on Monday, Wednesday, Friday, Saturday and Sunday; and from noon to 8 p.m. on Tuesday and Thursday. To visit the Sales Office, take Interstate 78 East to the Jersey City/Columbus Drive exit and stay straight to go onto Center Street. Make a right onto Christopher Columbus Drive. Turn right onto Brunswick Street and then left on Wayne Street. The Sales Office will be on your right.

For more information about The Residences at Dixon Mills, please call the Sales Office at 201-309-1004 or visit www.dixonmillsjc.com. Tours of the Sales Office and designer model condominium homes are available by appointment only.

About Robert Martin Company
Founded in 1957, Robert Martin Co. has a long, distinguished history in real estate. The company and its partners have developed and acquired over 20 million square feet of property and its holdings presently include over two million square feet of office space and hundreds of acres of developable land. Widely regarded as a pioneer in office park development and mixed-use urban renewal projects, the real estate and investment firm has expanded from its home base in the New York metropolitan region into California and Florida, where it has recently partnered to buy over 600 hundred acres of land, approximately 2,500 apartments and a large mixed-use project in Miami, Florida. For more information on Robert Martin Co. visit www.robertmartincompany.com.

About GoldenTree InSite Partners
GoldenTree InSite Partners is an international real estate investment firm headquartered in New York City. The firm was formed in March 2005, in partnership with GoldenTree Asset Management. GoldenTree InSite Partners pursues value-added real estate opportunities through direct equity investment and non-traditional lending activities. To date, the firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects. GoldenTree Asset Management, with offices in New York, London, Los Angeles, Chicago and Dallas, manages a variety of absolute return strategies, which invest in bank debt, high yield bonds, distressed debt, middle market loans, equities and real estate and employs over 150 people. GoldenTree manages approximately $10 billion as of May 1, 2007, of which $7.6 billion is absolute return assets. For more information on GoldenTree InSite Partners, please visit www.goldentreeinsite.com.