Commercial Equity, LLC Changes Name to Modo Develoeprs, Inc.

Commercial Equity, LLC Changes Name
To Modo Developers, Inc.
**************************************
New name reflects a focus ondeveloping urban buildings into modern condos

DENVER, Colo., June 5, 2006 – Commercial Equity, LLC, a Colorado-based developer specializing in the renovation of urban buildings into modern condos, today announced it has changed the company name to Modo Developers, Inc. “Modo” stands for “modern, downtown.” The company’s headquarters location on Santa Fe Drive remains the same, as does its phone number.
“Modo” was chosen to reflect the company’s focus on buying existing urban buildings, and renovating them into modern neighborhood ‘gems’,” according to Todd E. McWhirter, a managing partner and company co-founder. “Our new name is simply a better representation of what we do,” he added.

About Modo Developers, LLC
Founded in 2003, Modo Developers, LLC specializes in buying existing buildings and re-developing them into modern condos that offer a strong combination of convenient urban locations, great design, and affordable prices. Modo completes significant exterior and interior renovations on its buildings, before selling the condos individually. Exterior renovations typically include structural steel balconies, architectural elements at building entrances, dramatic lighting, and rooftop decks. Interior renovations include hardwood floors, granite and quartz countertops, high-grade kitchen cabinets, stainless steel appliances, exposed accent steel, custom bathroom tiling, and more. Modo can be reached at: 865 Santa Fe Drive, Suite 500, Denver, CO 80204, 720.221.8598, or http://www.mododevelopers.com/.