William T. Tanaka, Jr. 1225 Ikena Circle Honolulu, Hawaii 96821 (808) 216-4560, email: [email protected]

For over 35 years Will Tanaka has been involved with the development, conversion, sales and management of mixed use projects including , condo- and timeshare projects, in Hawaii and abroad. He is the Hawaii based owner of Aloha Hospitality Consulting LLC (AHC) and American Pacific Hotels LLC (APH), and the managing general partner of Island Colony Partners.

Will’s advisory projects include the Trump Waikiki, The Ritz Carton Residences Waikiki Beach, The Ritz Carlton Residences Kapalua, and redevelopment of the King’s Village site. Prior to forming AHC he had held senior executive positions with Aqua Hotels & , Marc Hotels & Resorts, Shell Vacations, and Koar Real Estate Investment & Development.

From 1995 to 2000 Mr. Tanaka Chaired the Oahu Chapter of the Hawaii Lodging & Tourism Association, the Hawaii affiliate of the American Hotel & Lodging Association. He has also served as executive committee member of the Hawaii American Resort Development Association (ARDA). He is a recognized authority in condo hotels having participated as an expert panelist and speaker at several condo hotel symposiums in Hawaii and on the mainland.

William T. Tanaka, Jr. RESUME SUMMARY

2000 to Aloha Hospitality Consulting, LLC Present Owner/Managing Member – Hospitality advisory and development services specializing in the acquisition, development or conversion, and management of mixed use and resort projects.

2011 to American Pacific Hotels Present Managing Member – formed to become the general partner of Island Colony Partners and manager of Skyline at Island Colony Hotel.

2006 to Tanlin LLC Present Managing Member – formed to acquire and manage rental units in Island Colony.

2006 to Island Colony Partners Present Owner & Managing Partner – limited partnership structured condo hotel formed to facilitate transient rentals of units in the Island Colony .

2004 to Anekona Management, LLC 2007 Vice President/Principal Broker - started condo hotel management company to manage hotels and condo hotels developed by Anekona Development, a Hawaii based condo hotel developer.

2001 to Aqua Hotels & Resorts 2003 Consultant – Started Hawaii’s fastest growing boutique management company. Chief operating officer for all facets of the company.

1990 to Marc Hotels & Resorts, Inc./Sunterra Hawaii 2000 Hawaii Regional Vice President – condo hotel, condominium and timeshare management, business development. Started and headed condo management division; recruited over 20 management contracts. Responsible for management operations of condo hotel division.

1985 to WTT, Inc. – President/CEO/Owner 1990 President/CEO/Owner – Hotel and condo hotel advisory and development services.

1986 to KOAR Development (Los Angeles based developer of hotels) 1987 Vice President –project management of the development of Embassy Suites hotels.

1978 to S & E Investments – Condo hotel project sales and consulting company 1985 Vice President – Condo hotel sales of SEC registered and private placement offerings; condo hotel asset management, a broker/dealer of real estate securities offerings).

EDUCATION & LICENSES University of Hawaii, Manoa – Bachelor of Arts, Economics in June 1978 Formerly licensed Real Estate Broker and Securities Principal

ASSOCIATIONS Hawaii Lodging & Tourism Association – Chairman, Oahu Chapter from 1996 to 2000; current allied member Waikiki Improvement Association, 1996 to 2000 American Resort Developers Association, since 1997 to 2001 – Former Executive Committee Member Hawaii Sales & Marketing Association, 1991 to 1995

OTHER ACCOMPLISHMENTS Participated as expert panelist for condo hotel symposiums including National Association of Industrial & Office Properties, International Council of Shopping Centers, and San Francisco Bay Area Mortgage Association.

William T. Tanaka, Jr. RESUME SUMMARY

PROJECT OWNER/DEVELOPER YEAR The Ritz-Carlton® Waikiki Beach PACREP LLC 2013 Hyatt Ka`anapali Beach Maui Timeshare Ventures, LLC 2013 Andaz Residences Maui At Wailea Wailea Hotel & Beach Resort, LLC 2012/13 The Cosmopolitan Las Vegas Nevada Property 1 LLC (Deutsche Bank) 2010/12 Trump International Hotel & Tower Waikiki Irongate AZREP BW LLC 2006 - present Island Colony Hotel American Pacific Hotels LLC 2006 - present Royal Island Cypress Equities 2006/07 Baccarat Wailea Beach Resort & Residences Starwood Capital/Kobayashi Group 2006/07 Wyland Waikiki Lewers Towers LLC 2006 Regency on BeachWalk Anekona Beachwalk LLC 2006 Wailea Beach Resort & Residences Wailea Beach Hotel & Resort, LLC 2006 Ilikai Anekona Island, LLC 2006 Residences at MGM MGM Grand Hotel & Casino 2006 Aloha Surf Hotel CP Aloha Surf LLC 2004/05 Hilton Kauai Beach Resort KB Resort, LLC 2004/05 Royal Garden AOAO Nichiei USA 2004 Kauai Islander on the Beach Anekona LLC 2004 Aina-Nalu (Maui Islander) Ironwood Associates, LLC 2004 Palms at Waikiki Laeroc Waikiki Parkside, LLC 2004 Kuhio Village Resort GE Capital 2003 Bamboo Bay West Bamboo, LLC 2003 Waikiki Marina Waikiki Westbury Limited Partnership 2001 Embassy Vacation Poipu Pointe Sunterra Resorts 1999 Embassy Vacation Kaanapali Sunterra Resorts 1998 Maile Sky Court* SAJE II Ventures 1984 Hobron in Waikiki* SAJE I Ventures 1984 Hawaiian Monarch* Hasegawa Komuten 1984 Kauai Beach Villas* Hasegawa Komuten 1979 Kona By The Sea* Hasegawa Komuten 1979 Kaanapali Shores Hasegawa Komuten 1979 * Denotes SEC registered securities offering.

William T. Tanaka, Jr.

PROJECTS LIST MOLOKAI • Molokai Shores

HOTELS • Ke Nani Kai

• Westin Ilikai • Halekulani • Honolulu Towers • Sheraton Waikiki • Hale Kaheka • Sheraton Moana • Craigside • Sheraton Surfrider • Liliuokalani Gardens • Embassy Suites – LAX TIMESHARE CONDO-HOTELS • Embassy Vacation Resorts Kaanapali Beach OAHU • Embassy Vacation Resorts Poipu Point • Island Colony • Kona Coast Resort • Hawaiian Monarch • Kauai Coast Resort at the Beach Boy • Hobron • Holu`a at Maunaloa • Maile Court • Paniolo Greens – Greens at Waikoloa • Kuhio Village • Vacations International • Waikiki Marina • Sunterra Resorts • Bamboo • Coral Reef • Palms at Waikiki • Royal Garden AOAO • Aloha Surf Hotel • Ohana Waikiki Surf & Surf East

BIG ISLAND • Kona By The Sea • Kona Bali Kai • Waikoloa Village • Kona Islander

MAUI • Maui Kaanapali Villas • Kaanapali Shores • Maui Eldorado • Royal Kahana • Kahana Villas • Paki Maui • Maui Vista • Maui Islander Inn

KAUAI • Kauai Beach Villas • Pu`u Po`a • Pali Ke Kua • Islander on the Beach • Hilton Kauai Beach Resort • Aloha Beach Resort