Chairman and Chief Investment Officer

• Jan 2011 - Present

Independent Director

• May 2008 - Oct 2021

 Public REIT with a national footprint in the retail sector with a portfolio of approximately 200 properties; over 29 million square feet of space with a $3.5 billion market capitalization.  Worked with board and management to assist in the re-positioning of the company from non-traded to listed REIT status in conjunction with a critical capital raise in 2012.  Served as Chair of Nominating and Governance committee recruiting new Directors with public company CEO and CFO experience. Currently serve as Chair of Compensation Committee and a member of the Audit Committee.  Served as chair of the independent committee of directors that structured and facilitated a $700 million related party transaction with the sponsor Show less

Independent Director

• May 2017 - Nov 2019

 Public REIT with a regional focus on single family residential properties located in affordable neighborhoods in superior school districts.  Serve as an Independent Director and Chair the audit committee; member of the compensation committee.  Working with board and management to assist in the creating a revised capital markets plan and to sharpen business strategy and messaging.  Public REIT with a regional focus on single family residential properties located in affordable neighborhoods in superior school districts.  Serve as an Independent Director and Chair the audit committee; member of the compensation committee.  Working with board and management to assist in the creating a revised capital markets plan and to sharpen business strategy and messaging.

Independent Lead Director

• May 1999 - Feb 2007

 Public non-traded REIT with 307 properties totaling over 45 million square feet in 39 states with a focus on grocery anchored and community shopping centers.  Worked with the sponsor to re-position the REIT from an externally managed portfolio to an internally managed platform with a self-contained management team and independent systems and controls.  Chaired the special committee that was formed to explore liquidity events for the shareholders ultimately resulting in the sale of the company to Developers Diversified (DDR – NYSE) for $6.4 billion, which remains the fourth largest public real estate transaction in the retail sector and provided a 30.5% IRR for investors over the life of the company. Show less

Portfolio Manager Forward Uniplan REIT Portfolio

• 1999 - 2006

Acted as Chief Investment Officer and Portfolio Manager through the common controlled entity Forward Uniplan Advisors, Inc., to the Forward Uniplan REIT Fund (FFREX), and the Sierra Club Balanced Portfolio (SCFLX). Acted as Chief Investment Officer and Portfolio Manager through the common controlled entity Forward Uniplan Advisors, Inc., to the Forward Uniplan REIT Fund (FFREX), and the Sierra Club Balanced Portfolio (SCFLX).

Chairman

• Jan 1992 - Mar 1998

 Acted as Chairman and Portfolio manager for the Jefferson Growth & Income Fund and the Jefferson REIT fund; both of which were ’40 Act mutual funds advised by Uniplan and sponsored by the Jefferson Fund Group Trust, a mutual fund company supported by the distribution umbrella of Rodman & Renshaw, Chicago, IL.  Led the investment team that managed both portfolios while working with the sponsor to create and build multi-sponsor distribution platform for the Trust.  Obtained a four and five star rating respectively on the Growth & Income and REIT funds as awarded by Morningstar, a well-respected mutual fund rating company.  Worked to successfully transition ownership and rebrand the funds with Inland America when Rodman & Renshaw was acquired by a Mexican Bank. Show less

Investment Banking Associate / Portfolio Manager

• May 1982 - Feb 1984

Credit Analyst

• Feb 1978 - Apr 1980