WOODBRIDGE, NJ, January 16, 2006 – Onyx Equities, a growing private equity and real estate investment firm, has announced the addition of Michael K. Nevins as vice president of asset management.  Mr. Nevins will be responsible for asset management for the firm’s portfolio.

“Michael’s proven track record in both leasing and property management make him an excellent match for our growing firm,” says Jonathan B. Schultz and John Saraceno, Jr., principals of Onyx Equities. “His 20 years of experience and relationships in all aspects of commercial real estate will prove to be a strong addition to our team as Onyx continues to grow in the marketplace.  We are committed to establishing the tri-state areas most distinguished team of real estate professionals.”

Prior to joining Onyx, Mr. Nevins was a vice president of leasing at Mack-Cali Realty Corporation, where he led a team responsible for the overall leasing of an 8.7–million-square-foot portfolio of Class-A office and flex buildings located throughout New Jersey, Washington DC, and Maryland.  During his tenure with Mack-Cali, which spanned more than a decade, he completed numerous lease transactions with firms including KPMG, the US Government, MetLife, Viacom, Inc., UBS, Morgan Stanley, AIG, D&B, Pfizer, Prudential, and Allstate Insurance.

Prior to his leasing responsibilities, Mr. Nevins was a property manager with Cali Associates, where he was responsible for the management of more than 600,000 square feet of office space throughout New Jersey. Before joining Cali Associates, he served as a loan portfolio analyst for Chase Manhattan Bank.  In this post he handled administration of real estate financing arrangements.

Mr. Nevins graduated from the University of Massachusetts with a Bachelor of Arts in Business Administration. He resides in Montclair with his wife and two children.

Headquartered in Woodbridge, New Jersey, Onyx Equities was formed in 2004 and is co-managed by John Saraceno, Jr. and Jonathan B. Schultz.  Onyx Equities invests in office, retail and industrial properties located in New Jersey, New York, Connecticut and Pennsylvania.  For more information on Onyx Equities, LLC, contact the firm at (732) 362-8800, or visit www.onyxequities.com.