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STEVEN P. ROSENTHAL JOINS NORTHLAND INVESTMENT CORPORATION AS CHIEF EXECUTIVE OFFICER

09.12.2007, Newton, MA - Northland Investment Corporation (“Northland”), a leading privately held real estate investment and development company, today announced that Steven P. Rosenthal will join the company as Chief Executive Officer. Mr. Rosenthal, who joins the firm from Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C. (“Mintz Levin”), will be responsible for stewarding Northland’s growth, including its $1.5 billion development pipeline and the strategic direction of its future investments including the creation of Northland Funds III and IV.

“Steve has demonstrated his extraordinary capabilities as a Managing Partner of a 500 lawyer, $300 million international law firm, Mintz Levin. He also possesses invaluable knowledge of our company through his decade of work as Northland’s outside corporate counsel,” said Northland Chairman, Lawrence R. Gottesdiener. “We are fortunate to have attracted someone of Steve’s caliber to Northland.”

“Northland is poised for aggressive growth and I look forward to the challenge of taking Northland to the next level,” said Mr. Rosenthal. “This is an important time to be a part of the Northland team. The future promises to be very bright for the company and I’m excited to assume a leadership role.”

Mr. Rosenthal comes to Northland from Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C. where he most recently served as Co-Managing Member of the Firm. Throughout his 21 year career at Mintz Levin, first as an associate, then as a Member and finally as part of the management of the firm, he worked in the Business and Finance Section in the Boston offices where he focused on general corporate and business representation, business planning, mergers and acquisitions, venture capital and corporate and real estate finance.

He received his A.B. from Harvard College (1979), and his J.D. from Boston University School of Law (1983). Mr. Rosenthal is currently a Member of the Board of Directors of the Massachusetts Convention Center Authority in Boston as well as a Member of the Executive Committee of the American Israel Public Affairs Committee (AIPAC) in Washington, D.C. Mr. Rosenthal also serves as a Director of the Harvard Alumni Association, a Member of the Harvard Corporation Advisory Committee on Shareholder Responsibility (ACSR) and a Co-Chair of the Harvard Class of 1979.

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. The company is positioned for future growth with a $1.5 billion development pipeline. 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