HCP: Investment Committee

Joel W. Stoesser is the Managing Principal of JWS Advisors, LLC, a real estate investment advisory company. Mr. Stoesser previously was with Prudential Financial where he was Managing Director and Head of Investment Advisory Services for Prudential Real Estate Investors (PREI). In that capacity he had responsibilities for institutional individual client accounts and specialized commingled accounts for real estate equity and mortgage programs. Also provided was strategic planning and tactical management of corporate facilities to US and multi-national corporations. Mr. Stoesser was the Chief Executive Officer of PruCorp Real Estate Advisors and Chairman of the Board of Prudential Realty Partnerships, Inc. an investment management advisory company and Chairman of the Board and President of Strategic Performance Fund II, a private real estate investment trust. He simultaneously served as a Senior Vice President of Prudential Investment Corporation. Mr. Stoesser also was Chairman of the PREI Investment Committee, was a member of the firm’s Management Committee and a member of the firm’s International Management Committee. During this time PREI managed approximately $15 billion of real estate investments in all property types in private and public formats.

Mr. Stoesser had previously served with CIGNA Corporation where he was a Senior Vice President and Senior Portfolio Manager as Head of Investment Management for External Client Investment Programs in mortgage and real estate. He also had assignments with Connecticut General Life Insurance Company as Head of the Real Estate Equity Investment Department and had been that company’s Director of Strategic Planning for all investment operations.

During his career Mr. Stoesser has managed in excess of $14 billion of real estate and mortgage assets and he has personally been involved in the origination and negotiation of more than $4 billion of transactions.

Mr. Stoesser holds a B.A. in economics from St. Lawrence University and an M.B.A. in finance from the University of Hartford. He attended The Executive Management Program at the Graduate School of Business of the University of Michigan. He was a former faculty member of the Graduate School of Business, University of Hartford. He has lectured at the graduate schools of business at Wharton, Univ. of Penn. and the Tuck School at Dartmouth College, Rutgers University and Boston College. He has regularly published investment articles and papers; he has been a contributing author to two books and has been a frequent lecturer at real estate industry conferences.

Since founding Barker Pacific Group in 1983, Michael Barker has directed the development of over $1 billion in commercial projects. His active focus is the acquisition, development and management of residential and commercial property. Over the past three decades, he has organized projects in such cities as Los Angeles, the San Francisco Bay Area, San Diego, Phoenix, Houston, Miami and Fort Lauderdale.

Before starting Barker Pacific Group, Mr. Barker was an officer at Hines, where he headed up development of over four million square feet of office space in Tulsa, Houston and San Antonio. He co-founded an asset management firm, First Houston Trust Company, in 1970. From 1968 to 1970, Mr. Barker served as a lending officer in the Energy Department of Citibank. Mr. Barker has served a member of the Board of Pepperdine University, the Urban Land Institute, the Los Angeles Economic Development Corporation and Lambda Alpha International. Mr. Barker holds a MBA from the University of Texas at Austin and a BBA from Abilene Christian University.

Richard J. Johnson originates and negotiates the underwriting of proposed projects. He analyzes the financials of deal structures, closes project financing and manages the company's internal operations. During his tenure at Barker Pacific Group, Mr. Johnson has been involved in financing over one billion dollars of commercial projects.

Before coming to Barker Pacific Group in 1986, Mr. Johnson was a Senior Vice President at Guardian Savings and Loan in Houston, where he managed a $450 million commercial real estate portfolio that consisted primarily of new construction. Prior to joining Guardian, Mr. Johnson was the CFO of Michels Financial Corporation in Milwaukee and an Audit Manager in the Milwaukee office of Arthur Anderson & Company. Mr. Johnson holds a MA in Accounting from The Ohio State University and a BBA from the University of Wisconsin - Madison.

Victor Indiek serves on the Investment Committee of Hamilton Capital Partners and brings to the HCP team over 40 years of real estate investing experience.

After graduation from the University of Kansas, Mr. Indiek began his successful career as a CPA in public accounting. In 1970 he was a founder and Chief Financial Officer and later was appointed President of freddie mac in Washington D C. Mr. Indiek’s next position was President of Builders Capital Corporation, a major Los Angeles property development firm. Over the past 19 years, Mr. Indiek served as President of American Diversified Savings, as Chief Financial Officer of American Savings & Loan Association, and as President and CEO of Far West Savings & Loan Association. During the early 1990’s Mr. Indiek served as Executive Vice President of Kennedy Wilson International, a publicly traded property investment and management firm. Also during the past 3 years, Mr. Indiek was on the Board of Directors of Fidelity Federal Bank.

Mr. Indiek’s vast experience as both a private investor and as senior executive and board member with major entities in the real estate industry provides Hamilton Capital Partners a wealth of investment experience and perspective.

Mr. Rising is founder and President of The Rising Real Estate Group, a privately held real estate investment and brokerage company based in downtown Los Angeles, California. Mr. Rising, a graduate of Duke University and Loyola Law School, began his professional career as an associate at Pillsbury Madison & Sutro (now known as Pillsbury Winthrop LLP). Mr. Rising then spent several years at Cushman Realty Corporation (“CRC”) working in the Office of the President – directly alongside brokerage legend John C. Cushman, III, currently Chairman of the Board of Cushman & Wakefield, Inc. (“C&W”).

Prior to creating The Rising Real Estate Group, Mr. Rising was a Director at C&W, joining the company after its merger with CRC. As a real estate broker, Mr. Rising participated in a variety of complex real estate transactions, including the purchase of the Great Western Forum, the sale of the Pacific Design Center, the restructuring of debt for a major Chicago office and retail development, and confidential real estate consulting for a Los Angeles based, high net worth individual. His role in the Office of the President also required that he lead negotiations and interactions with officials for both the City of Los Angeles and the State of California. Further, Mr. Rising was the point person for CRC in its partnership with UBS, both domestically and internationally.

Kevin Tan is responsible for solicitation, review, underwriting and market research of potential office, industrial and retail property acquisitions and conducts due-diligence.

Since coming to the firm in 1997, Mr. Tan has been involved in the successful closing of more than
$450 million in commercial real estate transactions; in addition, he provides asset management for the company portfolio. From 1993 to 1996, Mr. Tan served as Project Manager for Beijing Tian Hong Group, the third-largest state-owned real estate developer in Beijing, China. Mr. Tan supervised the construction of over three million square feet of six new residential communities. Mr. Tan was an editor for the 1996 Chinese Real Estate Market, an annually published reference book on the Chinese real estate market. Mr. Tan holds a Masters in Real Estate Development from University of Southern California and two Bachelor degrees in Civil Engineering and in Economics & Management received simultaneously from Tsinghua University, the premier university in China. Mr. Tan was also a Ph.D. candidate at University of Southern California.

Janet Nelson handles the accounting and financial reporting for Barker Pacific Group, and HCP as well as all of their commercial real estate projects.

Prior to joining Barker Pacific Group in 2003, Ms. Nelson served for fourteen years in Finance and Investor Relations roles for Glenborough Realty Trust Incorporated, All Covered and several early stage technology companies. Ms. Nelson holds an MBA in Finance from Santa Clara University and a BA in Mathematics from Fontbonne University.