PROFESSIONAL PROFILE

Michael A. Kavanau Career Summary Senior Managing Director Mr. Kavanau is a Senior Managing Director and co-head of the London office of HFF (NYSE: Co-Head London Office HF) with more than 30 years of experience in commercial real estate, including debt, investment advisory and equity placement. He is primarily responsible for originating debt transactions throughout the U.K., as well as being responsible for the day-to-day operations of the firm’s London office. Mr. Kavanau’s focus is on multi-housing, office, retail and hotel properties. Throughout the course of his career with HFF, Mr. Kavanau has completed in excess of $20 billion in commercial real estate transactions. Mr. Kavanau joined the firm in 1988. Prior to HFF, he was the Director of Acquisitions for Concord Assets Group. Representative Assignments

PROPERTY LOCATION TYPE VALUE London Executive Offices London, UK Acquisition Facility Confidential IMT Capital/Freddie Mac Facility Various Locations Credit Facility $1,200,000,000 TSP Portfolio , IL Fixed-rate $833,000,000 LACERA Portfolio Various Locations Fixed/Adjustable-rate $626,620,000 22 Cross Keys Close 131 South Dearborn Chicago, IL Fixed-rate $522,000,000 Marylebone JW Marriott Chicago, IL Joint Venture/Construction $396,000,000 London W1U 2DW, UK 300 North LaSalle Chicago, IL Fixed-rate $350,000,000

Direct: +44 (0)20 7509 6702 One South Dearborn Chicago, IL Fixed-rate $280,000,000 UK Mobile: +44 (0) 7460 009621 208 South LaSalle Chicago, IL Joint Venture/Construction $271,600,000 [email protected] 600 West Chicago Avenue Chicago, IL Fixed-rate $265,000,000 500 West Madison Chicago, IL Fixed-rate $255,000,000 Wrigley Field Plaza Chicago, IL Construction Loan $224,250,000 Select Clients 1K Fulton/Google Chicago, IL Adjustable-rate $220,000,000 ▪ Angelo Gordon/Taconic Investment Chicago, IL Fixed-rate $200,000,000 Partners 401 North Michigan Avenue Chicago, IL Adjustable-rate $190,000,000 ▪ Beacon Capital Partners One Financial Place Chicago, IL Fixed-rate $188,600,000 ▪ Blackstone FBI Regional Headquarters Chicago, IL Fixed/Adjustable-rate $120,000,000 ▪ Cornerstone ▪ Estein USA K2 Apartments Chicago, IL Fixed-rate $118,000,000 ▪ Fidelity Management & Research Eugenie Terrace Chicago, IL Fixed-rate $112,500,000 ▪ General Electric Pension Trust Facebook HQ Menlo Park, CA Adjustable-rate $100,000,000 ▪ Harbor Group International RREEF Portfolio Various Locations Fixed and Adjustable Rate $99,930,000 ▪ Hines 550 West Jackson Chicago, IL Fixed-rate $97,485,000 ▪ IMT Capital, LLC Yorktown Center Lombard, IL Fixed-rate $93,000,000 ▪ Investcorp International, Inc. 444 North Michigan Avenue Chicago, IL Adjustable-rate $82,150,000 ▪ London & Regional ▪ MetLife Barneys Build-to-Suit Chicago, IL Adjustable-rate $81,000,000 ▪ Quadreal Ascent CH2 Data Center Northlake, IL Adjustable-rate $65,153,256 ▪ Sterling Bay McDonalds World HQ Chicago, IL Construction Loan $209,000,000 ▪ Tishman Speyer Atlas Hotel Portfolio Various, UK Structured Loan £495,000,000 CAA House London, UK Development Loan £128,500,000 Education ▪ BA, Brown University, Rhode Island Professional Designations ▪ Chairman - Freddie Mac Seller Servicer Advisory Council ▪ Licensed Real Estate Broker – States of and Florida

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HFF Securities Limited, an indirect wholly-owned subsidiary of HFF, Inc., is authorised and regulated by the U.K. Financial Conduct Authority.