Weyerhaeuser Realty Investors Taps Troy Black to Serve as New VP, Asset Manager

Weyerhaeuser Realty Investors (WRI), a provider of institutional capital for project financing for homebuilders and developers, has hired Troy Black as vice president, asset manager.

  (Logo:  http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a)
  (Logo:  http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b)

Black comes to WRI from the Weyerhaeuser Real Estate Company, where he served as planning manager for Weyerhaeuser's homebuilding and residential land development business. Prior to this, he was finance director for Quadrant Homes in the Puget Sound area. He also worked for Simpson Investment Company as a financial manager and for Deloitte and Touche as an audit manager.

Black is a chartered financial analyst and a certified public accountant. He holds a master's in business administration from the University of Washington and a bachelor's from Duke University.

WRI is a wholly-owned subsidiary of Weyerhaeuser Real Estate Company, the 15th largest public homebuilder in the country as measured by closings. WRI has operated for 37 years as a provider of institutional capital for project financing for mid-to-large homebuilders and developers in major metropolitan areas. WRI is based in Seattle, Wash., with regional offices in California, Nevada, Arizona, Colorado, Illinois and Virginia.

  For additional information on WRI go to http://www.wri-online.com/.

   Media - Contact Nikki Mackey, Weyerhaeuser Realty Investors
           (206) 254-7906

First Call Analyst:
FCMN Contact:

Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com

SOURCE: Weyerhaeuser Realty Investors

CONTACT: Nikki Mackey of Weyerhaeuser Realty Investors, +1-206-254-7906

Web site: http://www.weyerhaeuser.com/
http://www.wri-online.com/