Nickolas W. Jekogian, III is the founder, President and CEO of NWJ Companies. Mr. Jekogian founded the company while in college with the purchase of a small apartment building in Center City Philadelphia. Shortly thereafter he came to realize the inefficiencies inherent with small real estate businesses, the value of soliciting deals directly from sellers without the help of brokers, and the importance of allowing his employees to participate in the upside. Addressing these issues became the basis of his business model enhanced by remaining focused on underperforming "Class B" multi-family properties. Mr. Jekogian has built NWJ Companies into a fully integrated real estate company that owns and operates more than 4,000 apartment units throughout the United States with an aggregate value of over $300 million. With approximately 200 employees, NWJ Companies has garnered additional value by having construction, leasing, management, financing and brokerage capabilities as well. NWJ properties are managed by Signature Community Management, which is brand focused on customer service and providing residents with an enhanced living experience.

Mr. Jekogian is a licensed real estate broker in New York. He has a Business Administration degree from Drexel University and a Masters degree in Management from the University of Pennsylvania. Additionally, Mr. Jekogian has more than 20 years experience developing commercial projects in the New York Metro area for retailers such as CVS drugs, Commerce Bank and Blockbuster Video. Mr. Jekogian currently resides in Manhattan with his wife and two young daughters. He is a competitor in Ironman level triathlons. Mr. Jekogian is a member of YPO. Mr. Jekogian also invests in early stage companies through his involvement with the Mid-Atlantic Angel Group.

Michael A. Greenzang, Stabilization Director, Operations for NWJ Companies, is directly responsible for the stabilization of purchased assets. He has been with the company since 1992, and has been integral in its growth. Serving as President of Green Street Management, an affiliated company, Mr. Greenzang has been responsible for managing the East Coast assets of the company consisting of more than 1,300 multi-family units. In addition to his work with NWJ, he has worked in various management capacities with Ocean Spray Cranberries, Inc.; Nabisco, Inc.; Loreal USA; Vlassic Food International; and Merck-Medco. Mr. Greenzang received his BS in Mechanical Engineering from Drexel University.

Brian M. Kroker is Vice President of Asset Management for NWJ Companies and has been with the company since 2005. Mr. Kroker brings over 27 years of experience in asset management, finance, accounting, operations, acquisitions and dispositions to NWJ along with first hand experience in all real estate property types including multi-family housing, office, industrial, hotel and mixed use properties, Other senior level management positions that Mr. Kroker held include Manager with PricewaterhouseCoopers, Vice President of Finance with Bell Atlantic Properties (former real estate subsidiary of Bell Atlantic, now Verizon), Chief Financial Officer & VP-Operations with Alliance Worldwide Management (executive office suite company), and Chief Operating Officer of Colliers L&A. More recently, Mr. Kroker was President of his own consulting company which provided asset management services to several regional organizations, including University of Pennsylvania (University City Associates), Parkway Corporation, Berwind Capital and others.

David H. McLain is the Vice President of Acquisitions/General Counsel of NWJ Companies, and is responsible for managing all acquisition activity of the company. Mr. McLain's duties include managing the acquisitions team and increasing ownership market share through geographic expansion with respect to the multi-family real estate acquisitions. Mr. McLain has been with the company since 2004, and also serves as general counsel of NWJ Companies. Prior to joining NWJ Companies, he practiced law in Philadelphia for four years with Stradley, Ronan, Stevens & Young, LLP and Schnader, Harrison, Segal & Lewis, LLP and spent three years as the Assistant General Manager of a professional hockey team handling all corporate and legal affairs, as well as managing the front office and corporate sales force. Mr. McLain holds an MBA degree from the Katz School of Business at the University of Pittsburgh, a JD from the University of Pittsburgh School of Law, and a BA degree in Political Science/Economics from Gettysburg College.

Jonathan Coffen is Vice President of Lender Direct Division for NWJ Companies and is directly responsible for the operation of our Lender Direct division which focuses on acquiring distressed properties directly from financial institutions. Mr. Coffen brings over 15 years of experience in the multifamily real estate industry, and has been with the company since 1997. Mr. Coffen has been integral to the growth and operations of NWJ Companies over the past decade including the areas of construction, acquisitions and dispositions. His operations have included many of our markets from the East Coast throughout the Southwest regions. In 2006, Mr. Coffen started the Lender Direct division to take advantage of the many existing relationships we have created over the past 15 years with the lending community, as well as to create new relationships with individual loan officers and their respective REO/Dispositions departments. Mr. Coffen received his BS in Labor and Industrial Relations from the Pennsylvania State University.

Charles Rich is the Vice President of Finance (Debt) of NWJ Companies and oversees the day to day operation of the finance department at NWJ Companies. Mr. Rich is directly responsible for securing financing for all of the company's acquisitions and refinances. Mr. Rich has been with the company since 2000, and has been integral in its growth. His experience includes acquisitions, management, construction and finance, and he has been instrumental in the financing of over $160 million in multi-family real estate. Mr. Rich is a Connecticut native and graduate of Drexel University.

Steven J. Wissak is Finance Director, Equity for NWJ Companies and is directly responsible for raising equity for all of the company's acquisitions. Prior to taking on this role in 2007, Mr. Wissak spent 15 years in various capacities redeveloping over 4,000 low-to-moderate income housing units in the New York Metropolitan region. He co-founded and operated First Home Brokerage, City Development, LLC and Metropolitan Housing, LLC. Mr. Wissak has worked closely with capital partners at UBS, Fortress Investment Group and Foothill Capital Corporation. He was personally responsible for all phases of the acquisition, financing and disposition of one-to-four family properties including closing over one billion dollars in sales as the selling attorney.

Other relevant work experience included serving as a principal of Carnegie Hill Partners, Inc., Carnegie Hill Capital Corp. and Nelson Management, Group, Ltd., which owned and operated over 1,000 units in New York City area apartment buildings and he was a real estate associate in the acquisition and structured finance group at the law firm Rosen, Szegda, Preminger & Bloom. Mr. Wissak received his J.D. degree from Hofstra University School of Law in 1986 and double B.A. degrees in economics and political science from the State University of New York at Binghamton in 1982.

Nicholas J. Moos, CPM®, Vice President of Property Management for Signature Community Management LLC is responsible for the direction of property management personnel at stabilized multi-family assets owned by NWJ Companies. As Vice President of Property Management, he is responsible for interacting with ownership entities, hiring, supervising and motivating regional personnel, reviewing and implementing new management policies, reviewing all annual budgets, development of new training programs for all on site personnel, development of marketing plans for under-performing assets and setting goals for the property management department.

Nicholas holds the Certified Property Manager® designation from the Institute of Real Estate Management and is the Past President of the Kansas City chapter of IREM. Nicholas has more than 30 years of property management experience, with both national and regional firms and past positions include Assistant Vice President with McNeil Real Estate Management (now Archon), Director of Operations for Cohen-Esrey Management, Director of Operations for Price Management Company and Vice President of Property Management with the Neighborhood Group. Nicholas has a B.A. and M.A. from the University of Kansas.