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EXPEDIA NAMES THE GOODWIN HOTEL TO INSIDERS’ SELECT LIST

06.04.2007, Hartford, CT - Northland Investment Corporation announced today that its historic Goodwin Hotel, located in Hartford, Connecticut, has been recognized by Expedia as qualifying for the new Expedia Insiders’ Select List. The Insiders’ Select List is comprised of an elite group of approximately 1% of all properties offered on Expedia.com. Properties are selected based on more than 300,000 Traveler’s Opinions, combined with the expertise of Expedia’s 300 local experts and hotel market managers worldwide. The Goodwin Hotel was recognized for a combination of excellent service, overall experience and value.

Lawrence R. Gottesdiener, Chairman and Chief Executive Officer, Northland Investment Corporation, said, “We are very pleased that the Goodwin Hotel has been recognized by Expedia. This designation speaks to the hotel’s status as Hartford’s only luxury boutique hotel, as well as our future plans to transform the Goodwin into a four-diamond hotel.”

Christopher Barstein, General Manager of the Goodwin Hotel, commented, “Our being chosen as one of Expedia’s Insider Select Hotels is a great honor. We are very proud to have been recognized by one of the world’s leading travel companies and look forward to continuing to provide our guests with superior service.”

About Northland Investment Corporation
Founded in 1970, Northland Investment Corporation is a privately held, fully integrated real estate company focused on the acquisition, development, operation and long-term ownership of multifamily and commercial real estate throughout the United States. Northland owns a $1.5 billion diversified portfolio of 14.5 million square feet of real estate, with major concentrations in New England and along the southern tier of the United States. For more information on Northland Investment Corporation, visit www.northland.com.

For more information, contact:
Sara Scarborough Graham
617.630.7259
sgraham@northland.com

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© 2007 Northland Investment Corporation