Through the first quarter of the year, REITCafe.com founder Anatole Pevnev and Art Havener of A.G. Edwards & Sons have an early lead over the rest of the field in the 2006 Real Estate Portfolio Stock Challenge. Pevnev's five-stock portfolio features all double-digit returners, while Havener has benefited by 26+ percent returns from Eagle Hospitality Properties Trust, Inc. (NYSE: EHP) and Home Properties, Inc. (NYSE: HME).

2006 Real Estate Portfolio Stock Challenge Results Through March 31, 2006
Name/Company	Total Return	Portfolio
Anatole Pevnev REITCAFE.COM	21.44%	ProLogis (PLD), Corporate Office Properties Trust (OFC), Kimco Realty Corporation (KIM), FelCor Lodging Trust (FCH), Post Properties (PPS)
Art Havener A.G. EDWARDS & SONS	19.19%	EastGroup Properties (EGP), Home Properties (HME), Equity Lifestyle Properties (ELS), Alexandria Real Estate Equities (ARE), Eagle Hospitality Properties (EHP)
Peter Slatin THE SLATIN REPORT	15.97%	Extra Space Storage (EXR), SL Green Realty Corp. (SLG), Mid-America Apartment Communities (MAA), American Campus Communities (ACC), Host Marriott Corporation (HMT)
Stephanie Krewson BB&T CAPITAL MARKETS	15.75%	Archstone-Smith (ASN), Crescent Real Estate Equities (CEI), ProLogis (PLD), Federal Realty Investment Trust (FRT), LaSalle Hotel Properties (LHO)
Ralph Block PHOCAS FINANCIAL GROUP	14.79%	AMB Property Corp. (AMB), AvalonBay Committee (AVB), Federal Realty Investment Trust (FRT), Sunstone Hotel Investors (SHO), Ventas, Inc. (VTR)
Jay Leupp ALESCO GLOBAL ADVISORS	14.54%	Public Storage (PSA), Equity Office Properties Trust (EOP), CBL & Associates Properties (CBL) Host Hotels & Resorts (HST), Archstone-Smith (ASN)