Nexia Holdings, Inc. (OTCBB: NEXH) announced that its subsidiary Salt Lake Development, Inc. has executed a Commercial Real Estate Purchase Contract for sale of its office building located at 268 West 400 South, Salt Lake City, Utah. Salt Lake Development has agreed to sell the 15,000 square foot building for $850,000. Closing on the sale is expected to take place within the next thirty to sixty days. Sunterra Corporation (Nasdaq: SNRR) recently issued its financial results for the company's fiscal first quarter ended December 31, 2005, reporting strong increases in revenues, operating income, adjusted EBITDA, direct contribution from vacation interests and cash flows compared to results for the prior year.

GMH Communities Trust (NYSE: GCT) today announced that its student housing division, College Park Communities, has acquired University Commons Apartments, a 240 unit/696 bed Class A, purpose-built student housing property serving the Pennsylvania State University in State College, Pennsylvania. The property was acquired for approximately $18.6 million, including the assumption of approximately $8.0 million in existing mortgage indebtedness. Gladstone Commercial Corp. (NASDAQ: GOOD) announced today that the Company plans to report earnings after the market closes on Tuesday, February 28, 2006 for the year ended December 31, 2005. The Company will hold a conference call Wednesday, March 1, 2006 at 9:30 am EDT to discuss year end earnings. Please call (877) 407-8031 to enter the conference. An operator will monitor the call and set a queue for the questions.