The Hoffman Group Announces Delivery of its 21st Oceanfront Condominium Resort Since 1999

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Oceans One South Tower Receives Certificate of Occupancy Allowing Closings to Begin in Time for Vacation Season

The Hoffman Group, Myrtle Beach Real Estate Oceanfront Specialists, is pleased to announce that Oceans One South Tower received its official Certificate of Occupancy from the City of Myrtle Beach today. Condominium owners in the 20-story, 135-unit oceanfront resort are now preparing to close on their oceanfront condo.

The exciting new construction tower was marketed by The Hoffman Group in a Myrtle Beach pre-construction sales campaign and is the first phase of a future 7-acre resort that will encompass two city blocks and over 700’ of Atlantic coastline. When complete, the area will boast a series of ultra-modern condominium high-rises surrounded by a host of amenities and services that will create a modernist mini-city wrapped within the Grand Strand’s growing and promising future. The change has already begun with the South Tower now replacing the Sea Shore and Lands Inn hotels that were previously on its oceanfront site.

“2007 was an exceptional year for The Hoffman Group’s condos for sale,” said Tim Horton, Vice President of Sales. “The delivery of the Caribbean, Sandy Beach and Dunes Village Phase II oceanfront resort towers represented a huge milestone for our company.” Continued Horton, “We look forward to Oceans One South Tower kicking off another good year for the oceanfront market.”

Oceans One South Tower will be the 21st oceanfront resort that The Hoffman Group has delivered from pre-sales to closing since 1999. Those 21 projects represent over 2800 new Myrtle Beach condos delivered to the market and over $820 million in sales volume. The Hoffman Group has truly been influential in changing both the physical and the economic landscape of Myrtle Beach.

Developer Smith Capital Corporation stated that General Contractor R.J. Griffin & Company, a part of JE Dunn Construction Group, began work in September 2006. The other development team principals are: Mozingo+Wallace Architects, PA; The Hoffman Group, real estate sales and marketing; and Shroff Development Company LLC, Project Advisor.

Oceans One South Tower is an 186,446 square foot oceanfront condominium building that features indoor and outdoor water amenities on the ground level. All the condominiums have oceanfront views and are offered in one, two and three bedroom floor plans. Standard features are upscale and include granite countertops in kitchen and master bath, Jacuzzi tub with tile surround in master baths, stainless steel appliances in kitchen, tile flooring in kitchen and baths, designer furnishings and accessories, and private balcony. The oceanfront portion of the building forms a curved semicircle of floor to ceiling glass. The boulevard side of the elegant building is complemented with a serpentine wave design accent and a contemporary color scheme.

About R. J. Griffin & Company

R. J. Griffin & Company, with offices in Charlotte, NC, Nashville, TN, Myrtle Beach, SC, Orlando, FL, is a JE Dunn Construction Group Company with corporate headquarters in Atlanta. The 2005-06 Engineering News Record ranked JE Dunn Group the 19th largest general contractor in the nation, 6th in general building and 7th in multi-unit residential. The JE Dunn Construction Group is also ranked 2nd largest contractor for religious and cultural projects, 5th in healthcare and 4th in office buildings.

About The Hoffman Group

Founded in 1984, The Hoffman Group rapidly carved out a special niche market in Myrtle Beach Real Estate by focusing on oceanfront properties. For the last three years, the firm has led the local real estate multiple listing service in condos sales and has ranked second in the area in all real estate transactions. With some 40 REALTOR Associates and over 1.5 billion in sales over the last three years, The Hoffman Group offers prospective purchasers the expertise to find the best condos for sale in the Myrtle Beach area…whether in new construction or a previously titled resale.

Contact:

Randy Zlobec

The Hoffman Group

1309 Professional Dr., Suite 100

Myrtle Beach, SC 29577

843-692-3308

rzlobec@oceaninvestments.com

http://www.oceaninvestments.com

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