CHAMPIONSGATE, Fla. (August 10, 2007) ChampionsGate Resort, the 1,500 acre mixed-use luxury resort community RIDA Associates is developing at I-4 and ChampionsGate Blvd. in Osceola County, recently appointed Michael Weinberg, Director of Marketing.

Marc Reicher, Senior Vice President of Operations at ChampionsGate said Weinberg attended the University of Florida and earned his MBA Degree from the Crummer Graduate School of Business at Rollins College in Winter Park. He has more than two years of experience in commercial real estate as a broker with Trammell Crow Company.

Reicher said Weinberg will focus on expanding RIDAs development opportunities throughout central Florida.

We are exploring opportunities to expand ChampionsGate and to develop other properties in the area, said Reicher.

About ChampionsGate

ChampionsGate (www.ChampionsGate.com) is Floridas premier golf resort community, encompassing some 1,500 acres southwest of Orlando.  ChampionsGate, with its beautifully designed double gates, welcomes visitors off Interstate 4, just south of Walt Disney World Resort.

ChampionsGate is home to the world headquarters of the David Leadbetter Golf Academy, the AAA four-diamond Omni Orlando Resort at ChampionsGate, a flagship resort for Omni Hotels featuring a 10,000 square-foot spa, and two championship golf courses designed by Greg Norman. The community is also host each December to the nationally televised MBNA WorldPoints Father/Son Golf Challenge, which pairs up major championship winners with their sons.

ChampionsGate is being developed by Rida Associates LP as a joint venture by Apollo Real Estate Advisors of New York and Rida Development Corporation of Houston.  ChampionsGate has a projected value of approximately $1 billion and is expected to include 2,864 hotel rooms, 2,136 resort villas, condominiums, townhomes and apartments, 36 holes of golf, and 426,000 square feet of retail space, making ChampionsGate one of the regions largest resort destinations.

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For more information, contact:

Marc S. Reicher, ChampionsGate, 407-397-2500

Christina Balikowsky, ChampsionsGate, 407-397-2500

Larry Vershel or Beth Payan, LV  Communications, 407-644-4142