Securities Exchange Act of 1934
Release No. 53369 / February 24, 2006

An order has been issued granting the application of the American Stock Exchange LLC to strike from listing and registration the common stock, $.01 par value, of Paragon Real Estate Equity and Investment Trust, effective at the opening of business on February 27, 2006.

http://www.sec.gov/rules/delist/34-53369.htm