Chris Maguire, CEO of Cypress Equities, said, "We know Mammoth Lakes is not a secret - the mountain and the surrounding area makes for a phenomenal year-round resort. We also know that the real estate here in Mammoth is undervalued, so we plan on making this the ultimate destination for those who are seeking a luxurious and serene lifestyle with excellent skiing, biking, fishing and hiking."

Currently, the "Hillside" property floor plans, sizes, amenities and services are in the design and review phase and the complete project consultant team is being assembled. A marketing campaign is expected to launch later this fall.

To stay informed of any new developments on this property, please visit www.theresidencesmammoth.com for the latest updates. More information regarding the new Mammoth development will be released when the Hotel agreement is completed.

About Cypress Equities

Cypress Equities was formed in 1995 as the development affiliate of The Staubach Company. With seven development offices in Dallas, Atlanta, New York, Phoenix, San Francisco, Fort Lauderdale and Nassau, Bahamas, it is an independent company with a dedicated staff that focuses on portfolio acquisitions, build-to-suits, project development, sale-leasebacks and other development services for retail, automotive, hotel and resort property. Cypress Equities is currently developing over $3 billion in projects across the country.

Contacts- Cypress Equities- Jeca Salas, 972-361-5544 Direct PR Manager 214-732-4825 Cell