Anchor Health Properties Selects Real Estate & Construction Veteran Kurt Hutter as Development Director

Wilmington, Delaware – March 5, 2008 – Anchor Health Properties, which has established a distinguished national track record for bringing the strengths of the retail experience to the healthcare consumer and their communities, has recently hired veteran real estate and construction industry executive Kurt Hutter as Development Director.

“Kurt is a very accomplished professional with significant experience in real estate development, construction, project management and operations management,” said Lou Sachs, President of Anchor. “The addition of Kurt’s expertise to the Anchor Health Properties team broadens the depth of our services to our clients.”

Prior to joining Anchor this week, Hutter was a Division Manager for Orleans Homebuilders, Inc. (Charlotte, North Carolina), where he was responsible for the management of operations in the Charlotte region for one of the nation’s leading providers of residential real estate. During his tenure in Charlotte, Orleans produced approximately 300 homes per year with revenues of approximately $130 million. Earlier, Hutter served as Orleans’ Director of Development in Philadelphia, Pennsylvania from February 2000 through March 2006.

Previously, Hutter’s career included management positions with Aramark Corporation, the leading national provider of managed business services, in Cherry Hill, NJ and Charlotte, NC. His experiences also include project management for Republic Environmental Systems (Bordentown, NJ) and he was an environmental engineer for Dames & Moore, Inc. (Willow Grove, PA), an environmental engineering and consulting firm. A graduate of the University of Delaware with a bachelor’s degree in Engineering, Hutter received his MBA from Drexel University.

About Anchor Health Properties:
Founded in 1985 as a developer of innovative and exciting retail centers, Anchor Health Properties has evolved into a national firm devoted exclusively to the development of medical and healthcare facilities. The company’s projects help providers redefine the way they deliver healthcare, creating positive healthcare experiences for the consumer and a competitive edge for the provider. Additional information about the company is available at http://www.anchorhealthproperties.com/.

Media Contact:
Jim DeLorenzo
Phone: 215-564-1122