Jeffrey I. Friedman, Chairman, President and CEO, has been involved in the real estate business since 1969. He joined the organization in 1974. Mr. Friedman has served as Chairman and CEO of the Company since 1993. He is involved in both national and local civic and charitable organizations, including the Greater Cleveland Sports Commission. He is a graduate of Leadership Cleveland and is also active in several professional organizations, including the National Association of Real Estate Investment Trusts, World Presidents' Organization, Urban Land Institute, and the National Multi-Housing Council.

Mr. Schwarz has been a limited partner of Edgewater Capital Partners, a private equity investment firm and a member of its board of operating advisors since July 2003. In 1998, he co-founded Sycamore Partners LLC, a Cleveland-based investment and advisory firm focused on investing in businesses in Northeast Ohio. Prior to Sycamore, he was Director and President of Laurel Industries, Inc., a privately held chemical manufacturer and a subsidiary of Occidental Petroleum Corporation. Mr. Schwarz is also a director of Enpath Medical, Inc., a manufacturer of medical devices.

Albert T. Adams has been a partner of the law firm of Baker & Hostetler LLP in Cleveland, Ohio, since 1984, and has been associated with the firm since 1977. Mr. Adams is a director of Boykin Lodging Company, a real estate investment trust.

James M. Delaney has served as a consultant to AON Risk Services, a risk management firm, since 1997. Mr. Delaney served as office managing partner of Deloitte & Touche, Cleveland, Ohio, from 1989 until his retirement in June 1997, having joined its predecessor firm in 1958.

Michael E. Gibbons has been the Senior Managing Director and Principal of Brown, Gibbons, Lang & Company, a Cleveland-based investment banking firm since its inception in 1989. He is a member of the Board of Directors of Lesco, Inc. and is Chairman of Lesco's Audit Committee. He also serves on the visiting committee for Case Western Reserve University Weatherhead School of Management. Additionally, he serves on the executive committee of Global M&A, Dusseldorf, Germany; on the Board of Directors for Eagle Direct.com, Denver, CO; on the Board of Regents, member of the executive committee and chairman of the admissions committee for St. Ignatius High School; on the Board of Directors for North Coast Professional Sports LLC; on the advisory board for North American Sports Camps; on the board of trustees and executive committee of the Greater Cleveland Sports Commission; on the board of trustees of the Great Lakes Theater Festival; on the board of trustees for Ohio Israeli Chamber of Commerce; and as member of the Dean's Technology Counsel for Case Western Reserve University.

Mark L. Milstein has been a project manager for J. Holden Construction since 1999. Mr. Milstein was President of Adam Construction Company, a general contractor, from 1993 to 1999 and a Senior Project Manager for Adam Construction Company from 1988 to 1993. Mr. Milstein is the brother-in-law of Jeffrey I. Friedman.

James A. Schoff has served as a special advisor to the Chief Executive Officer of Developers Diversified Realty Corporation (DDR), a shopping center real estate investment trust, since 2004. Mr. Schoff also served as Executive Vice President and Chief Operating Officer of DDR from 1993 to 1998, Vice Chairman and Chief Investment Officer of DDR from 1998 to 2002, and Senior Investment Officer of DDR from 2002 to 2003.