WASHINGTON, DC—October 9, 2007— Arent Fox LLP is proud to announce that Richard A. Newman, co-chair of the firm’s Public Finance Group, has been elected to membership in the American College of Real Estate Lawyers – the premier organization of real estate attorneys in the United States.

Selection to the American College of Real Estate Lawyers is a unique and prestigious honor. Admission is by invitation only after a rigorous screening process. ACREL's distinguished, nationally-known lawyers have been elected to membership for their outstanding legal ability, experience and high standards of professional and ethical conduct in the practice of real estate law, as well as their contributions to the real estate and legal professions through their practices, their legal writings and their public speaking.

As a member of ACREL, Richard will help the organization fulfill its stated mission to promote the highest standards of professional and ethical responsibility in the practice of real estate law, improve real estate law and practice, and participate in law reform matters, including legislative, administrative and judicial initiatives when appropriate.

About Arent Fox LLP

Arent Fox – a full-service law firm with offices in Washington, New York, and Los Angeles – is a recognized leader in areas including intellectual property, real estate, health care, life sciences and litigation. With more than 340 lawyers, Arent Fox has a wide range of expertise in corporate securities and transactions, financial restructuring and bankruptcy, government relations and regulation, labor and employment, finance, tax, corporate compliance and the global business market. The firm provides services to Fortune 500 companies, government agencies, trade associations, foreign governments, long-term care facilities, start-up companies and other entities.