LONGTIME ORANGE COUNTY DEVELOPER JOINS CT REALTY INVESTORS BOARD OF DIRECTORS

ALISO VIEJO, CA – June 27, 2011 – (RealEstateRama) — David L. Ball, president of Arnel Development Co. in Costa Mesa, Calif., has joined the board of directors for CT Realty Investors.

Ball has nearly 30 years of commercial and residential real estate development and lending experience. As president of Arnel Development, a subsidiary of Arnel & Affiliates, Ball is responsible for overseeing all real estate investment and development activities, joint ventures and real estate-related banking relationships. A member of the Arnel management team since 1983, Ball has developed more than one million square feet of retail space, numerous apartment projects, hundreds of single-family homes, and nearly 500,000 square feet of office space. He has also engineered numerous investments involving land development and industrial parks on behalf of Arnel.