Making Sense of the Market and Turning Today’s Economic Climate into an Opportunity

Making Sense of the Market and Turning Today's Economic Climate into an Opportunity; American Investors May be Able to Hedge Uncertain U.S. Equity and Property Markets With Property in Argentina

Argentine Property Remains Undervalued; U.S. Currency Still has Power in Argentina

Scott Mathis, Chairman of InvestProperty Group, is Available to Discuss Potential Opportunities and Pitfalls for U.S. Real Estate Investors Looking at Argentina

Investors looking for alternatives to the uncertain U.S. capital and property markets may benefit from investigating property investments in Argentina, according to Scott Mathis, chairman of InvestProperty Group, LLC (IPG). IPG believes that Argentina is today's big opportunity and has produced a whitepaper titled "Argentina Real Estate Investment 2009: Making Sense of the Market and Turning Today's Economic Climate into an Opportunity" which is available for download here.

Mr. Mathis is available to share his views on why Argentina may be a smart diversification play for affluent U.S. investors, as well as on the challenges - and solutions - involved in participating. During a conversation he can discuss:

The case for investing in Argentine property...

• The decline of the dollar is less significant in Argentina; it's 3.78 pesos to the US dollar.

• When it comes to hotel properties, there's the potential for capital appreciation and cash flow: Despite the undervalued property market, there's a shortage of luxury hotel rooms, so rates are almost as high as they are in New York.

• Operating and construction costs are low: Labor costs are a fifth of what they are in the U.S.

• Tourism is booming, and the tourist crowd is becoming less "backpacker" and more luxury-minded.

The challenges for those interested in participating in the Argentine property market...

• There is no mortgage financing in Argentina. One needs to invest with cash.

• Dealing directly with sellers and due diligence can be complicated.

How to overcome the challenges...

• For instance, look for a U.S.-based conduit to ensure organized, prudent investing.

IPG and its affiliates are developing Algodon Mansion, a luxury hotel in the Recoleta section of Buenos Aires. Scheduled to open at the end of the year, it will have 10 luxury suites. IPG and its affiliates have also purchased and are developing Algodon Wine Estates in San Rafael, Mendoza, Argentina. The property is currently home to a winery, lodge, championship golf course and award-winning restaurant.

About InvestProperty Group

InvestProperty Group, LLC is affiliated with Diversified Private Equity Corp. (DPEC Partners), an integrated company whose businesses bring entrepreneurial, private equity and institutional-quality investments to accredited individual investors. Qualified investors participate in IPG and other DPEC-offered investments via DPEC's wholly owned registered broker-dealer, DPEC Capital, a FINRA member firm. DPEC Capital focuses principally on opportunities created by DPEC companies.

Important Notes:
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to Algodon Wines & Luxury Development Group (Algodon Group) and its respective subsidiaries ("the Company") estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements speak only as of the date set forth above. The Company undertakes no obligation to update publicly any forward-looking statement, whether because of new information, future events or otherwise.

Media/Analyst Contact:
Algodon Group
Eric Stear, Corporate Communications & Marketing Manager
212.739.7669
RStear@AlgodonGroup.com