Calgary Business Leaders Join to Launch UrbanStar Capital, a Full Service Real Estate Asset Management and Investment Firm

UrbanStar Capital (http://www.urbanstarcapital.com/) is a specialized firm that designs, implements and operates real estate asset management solutions for investors. With a strong management team, hands on experience, and well-defined industry relationships, UrbanStar Capital is well placed to grow its market position.

Calgary, Alberta, Canada, February 02, 2010 --(PR.com)-- A group of respected business leaders has joined to launch UrbanStar Capital (http://www.urbanstarcapital.com/), a specialized firm that designs, implements and operates real estate asset management solutions for investors. With a strong management team, hands on experience, and well-defined industry relationships, UrbanStar Capital is well placed to grow its market position. UrbanStar is positioned to attract investors across Canada and abroad through their Raw Land LP offerings and other structured real-estate offerings. In addition to its investment opportunities (http://www.urbanstarcapital.com/urbanstar_land.html), it provides clients with full service commercial and residential real estate and mortgage brokerage services (http://www.urbanstarcapital.com/urbanstar_mortgages.html).

UrbanStar believes that the determining factors behind the success of any organization are the individuals involved in the day-to-day operations of that company. Experience and excellence in the field of traditional and alternative real estate investments are maximized with a team that includes:

* Dean Gorenc BA, CHRP, AMP | CEO. Mr. Gorenc is a land and mortgage industry specialist, with over 10 years of senior management experience. In the last three years, Dean has raised over $115 million for investment from clients for various projects in raw land, land development and mortgage investment corporations. Mr. Gorenc is an organizational, training and development specialist and has assisted various startup companies including Canadian Horizons, Westjet Airlines, ZIP Air, and Destina.ca.

* Guy M. Priddle MBA, RPA | President & CFO. Mr. Priddle is currently President of BOMA Calgary. He is also a Broker with the Alberta Real Estate Association, and a member of the University of Calgary/Haskayne School of Business Alumni Association. Since 1986, Mr. Priddle has been involved in the commercial real estate industry, working with property owners ranging from small, personal property investors to large insurance and pension companies. He has worked with all types and classes of property such as bare land and small retail or residential, large and small industrial, and major downtown class AA office buildings.

* Mike Star | Vice-President, Business Development. Mr. Star has worked with custom homebuilders such as Coco Homes - Timber Creek, Rembrandt Master Homes, and Century Group. Throughout his career, Mr. Star has gained extensive experience and knowledge in design, construction, residential homes, architectural styles, condominium living, country residential acreages, and urban planning concepts.

* Ashif Merani Barrister & Solicitor | Corporate Secretary. Mr. Merani is the founder of Merani Reimer LLP, a boutique law firm specialized in securities, corporate, tax law and intellectual property law. Mr. Merani practices primarily securities and corporate law, providing counsel to public and private issuers on debt, equity and flow-through financings, mergers and acquisition transactions, and asset and share purchase and sale transactions.

In addition, UrbanStar Capital has assembled a distinguished advisory board that includes:

* Fred Edwards: CEO of Servpro Canada Inc., a privately held corporation with 44 years in the Calgary market and over 700 employees. Mr. Edwards was recognized with the “Leader of Tomorrow” award for Calgary in 2008.

* Marie Rajic, Director, Western Region, TransCanada Corp., and the Harper Government's former senior political staffer in Alberta. Ms. Rajic was recognized by the Calgary business community as one of the city’s “Top 40 Under 40” in 2008.

* David W. Crombie, Owner of Crombie & Associates/DC Capital Inc. through which he has raised over $250 million for private development. Mr. Crombie has provided advice on development and operations to clients considering real estate as an investment.

* Miklos Nagy: CEO of Quadrexx Asset Management Inc. Mr. Nagy has 22 years of experience in the financial industry in Canada, including a Credit Analyst position at Credit Suisse Canada in Toronto and Senior Partnership at a medium sized financial planning firm. He has been featured extensively regarding his knowledge on hedge funds in newspapers and on national television.

Visit UrbanStarCapital.com (http://www.urbanstarcapital.com/) to learn about the company’s business strategy and current opportunities or call 403-984-4050.

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UrbanStar Capital
Dean Gorenc
403-984-4050
www.urbanstarcapital.com/
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