Sterling Resorts Adds Huntington by the Sea to Inventory of Condominium Rental Properties

Company has Signed Seven New Management Contracts in 30 Days

. October 14, 2008

DESTIN, FL, October 12, 2005. Sterling Resorts announced today it has signed a contract to mange rental operations for Huntington by the Sea, a secluded beachfront condominium property located Destin, Fla. The contract marks the seventh new property management agreement Sterling has struck in the last 30 days.

"This is a very exciting time for Sterling Resorts, and we are delighted to add Huntington by the Sea to our already wide selection of inventory along the Emerald Coast," said Sterling's President and CEO Jim Olin. As Sterling continues to expand and represent more rental units and homeowners' associations, the number one priority is to remain focused on providing our first-rate Sterling service to both condominium owners and guests."

Huntington by the Sea is a private, five-story gulf-front condominium property featuring one-, two- and four-bedroom units with a full-size kitchen, cable TV, telephones, linens and towels, and private balconies overlooking the Gulf of Mexico. Property amenities include a pool, laundry facilities, barbeque grills and beach gazebos.

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