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Learning Links Centers, a Socially Responsible Real Estate Investment Company, Purchases its Second Dallas-Based Apartment Building

Learning Links Centers, a Socially Responsible Real Estate Investment Company, Purchases its Second Dallas-Based Apartment Building

Published 01-06-09

Submitted by Learning Links Centers

LOS ANGELES, CA. - January 6, 2009 - Learning Links Centers, LLC(R) (LLC), a socially responsible Southern California based real estate investment company purchased its second building in Dallas, Texas. Real Estate entrepreneurs and LLC co-founders Joe Killinger and George Pino announced today their acquisition of the "The Madeline," a 14 acre, 292 unit apartment complex located at 9855 Shadow Way, Dallas, Texas 75243, further expanding its concept of Socially Responsible Entrepreneurship.

In the next month LLC will conduct extensive interior renovations on the units and common areas and will begin an in-depth marketing campaign to rebrand the development and increase the occupancy rate from 41% to 100%. At full occupancy, LLC estimates 100 new children will be involved with the tutoring and mentoring program. To meet the program's demand, LLC will staff the Resource Room with at least four new teachers supported by approximately six assistants.

"The Resource Room will be conveniently located on the property for school age children to get excellent one-on-one personal attention in addition to, and outside of school," said Killinger. "We also try to supplement their every day education by working with key partnerships with local business, such as banks to open savings accounts for the kids and to educate them on basic money management and life skills."

"Based on the immediate success in occupancy with our first Dallas building, we anticipate similar results with this new purchase," said Pino. "Each time we implement the program in a new building, we see the community stabilize and come together to help us improve the neighborhood."

Through its expertise in the real estate business, LLC acquires, refurbishes and manages apartment buildings in targeted neighborhoods, setting aside a percentage of the residential units for accredited school teachers. Additionally, they renovate one unit in the development to serve as a Resource Room, equipped with computers, Internet service, educational software, and books and games. In exchange for a reduction in rent, the school teachers tutor the children that reside in the building a few hours a day, four days a week. The Resource Rooms offer a safe environment away from negative influences, where the children can study without distractions.

The owners of LLC also created a non-profit organization called Education Advantage Foundation (EAF) to oversee the Resource Rooms. EAF's goal is to promote higher education by providing scholarships and no-cost after-school mentoring and tutoring programs to students. Working in conjunction with LLC, EAF organizes, promotes and supervises the after-school programs as well as life enrichment events for the children involved in the program. EAF raises funds for scholarships and life enrichment programs through grants, and fundraising events. EAF's celebrity spokesperson, comedian/actor Rob Corddry, is hosting the next fundraising event, a Celebrity Basketball Game, on Tuesday, January 13th, 2009 at Beverly Hills High School.

LLC
currently owns and operates five buildings in Baldwin Village, California in addition to the two developments in Dallas, Texas. Through the added incentive of educational opportunities, the buildings become desirable destinations for renters which minimizes vacancy, rental default and vandalism rates, thereby helping to improve community standards. Students participating in LLC/EAF programs range from kindergarten to the 12th grade.

Additional information on Learning Links Centers(R) and Education Advantage Foundation can be found at the following links:

www.learninglinkscenters.com
www.educationadvantage.org

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