2019 PREA Conference Co-Chairs: Gillian Sutton Cho Chief Operating Officer Spring Conference Crow Holdings

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PENSION REAL ESTATE ASSOCIATION 2019 PREA Conference Co-Chairs: Gillian Sutton Cho Chief Operating Officer Spring Conference Crow Holdings

March 14-15, 2019 Fairmont Dallas, Dallas, TX Patricia Gibson Founding Principal and CEO Banner Oak Capital Partners

Max Swango Managing Director and Founding Partner Invesco Real Estate 2019 CONFERENCE CO-CHAIR BIOGRAPHIES:

Gillian Sutton Cho is the Chief Op- Patricia Gibson is a Founding Prin- Max Swango is a Founding Partner, erating Officer of Crow Holdings and cipal and CEO of Banner Oak Capital Managing Director, and Global Head is responsible for driving operational Partners. She oversees all investment of Client Portfolio Management at effectiveness and efficiencies across activity and is responsible for estab- Invesco Real Estate. He has been the Crow businesses and for technol- lishing and implementing the firm’s with IRE since 1988, and for the past ogy, talent management, marketing, strategic direction. Prior to cofounding 20 years, he has run the investor finance, and business development. Banner Oak, Gibson was the President side of IRE’s business. He spent the Prior to her role as COO, Cho served of Hunt Realty Investments, where she first ten years with the firm in the as a Managing Director in Trammell led the commercial real estate invest- Acquisitions group, originating direct Crow Residential’s Northern California ment management activities for the real estate investments that included division, where she was engaged in Hunt family of companies. Before join- both equity and debt across the risk- multifamily and mixed-use developing Hunt, Gibson held senior positions return spectrum. From 1995 to 1999, ment activities in the Bay Area, and a at Goldman Sachs’ real estate sub- Swango oversaw the firm’s West Vice President of Development at Extell sidiary, where she oversaw portfolio Coast investment activity from its Development Company in New York management and the capital market San Francisco office. Swango holds a City, where she worked on large-scale efforts for commercial real estate as- Bachelor of Business Administration mixed-use development projects in sets. She began her real estate invest- degree with a double major in Real Ian Bremmer Manhattan. Cho started her career at ment career in 1985 at the Travelers Estate and Finance from the Univer- Bain & Company, advising clients in the Realty Investment Company. Gibson sity of Texas, Austin. US, the UK, and Continental Europe holds an MBA from the University of on corporate strategy, organization, Connecticut and a BS in Finance from and operations. Cho earned a bach- Fairfield University and is a Chartered elor’s degree from New College at the Financial Analyst. University of Oxford and an MBA from Harvard Business School.

Kevin Hassett 2019DALLAS Michael Levy PENSION REAL ESTATE ASSOCIATION

WEDNESDAY, MARCH 13, 2019 12:00 noon–5:00 pm Early Badge Pickup for All Attendees – International Foyer, Lobby Level

THURSDAY, MARCH 14, 2019 7:30 am Registration – Regency Foyer, 2nd Floor 7:30 am–8:30 am Continental Breakfast – International Ballroom, Lobby Level 7:30 am–8:30 am New Member and First-Time Attendee Breakfast – Parisian Room, 2nd Floor 8:45 am–9:00 am Opening Remarks by Conference Co-Chairs – Regency Ballroom, 2nd Floor

9:00 am–9:45 am The Geopolitical Situation – Regency Ballroom, 2nd Floor Ian Bremmer, President and Founder, Eurasia Group What explains the rise of the antiglobalization sentiment, as exemplified by the Brexit vote and rise of populist movements in Europe? How has this development influenced geopolitics, from prospects for international Ian Bremmer trade agreements to the future of bilateral and multilateral security arrangements? How, as a result, might the coming years and decades differ from the postwar experience of rising global interconnectedness over the past 75 years? A leading foreign affairs expert, Ian Bremmer will address these and related questions.

9:45 am–10:45 am The US Economic and Policy Outlook – Regency Ballroom, 2nd Floor Kevin Hassett, Chairman of the White House Council of Economic Advisers Michael Levy, Chief Executive Officer, Crow Holdings Considering the balance of encouraging and worrisome factors in the global economy: what is the ideal US monetary and fiscal policy approach? Kevin Hassett In a discussion with Michael Levy, of Crow Holdings, respected economist Kevin Hassett will take stock of what the most important economic indicators are telling us and how government leaders might respond. 2019DALLAS Michael Levy PENSION REAL ESTATE ASSOCIATION

11:00 am–12:00 noon The Investment Climate and Opportunities – Regency Ballroom, 2nd Floor What does the US and global macroeconomic outlook discussed in the preceding sessions portend for property investors? Industry leaders discuss the investment climate and highlight the most attractive investment opportunities today and the best way to access them—via the Dave Bragg Eric Adler private or public market.

Moderator: Dave Bragg, Managing Director, Green Street Advisors

Panelists: Eric Adler, Chairman, PGIM Real Estate and PGIM Real Estate Finance, CEO, PGIM Real Estate Jase Auby, Deputy CIO, Teacher Retirement System of Texas Jase Auby Owen Thomas Owen Thomas, CEO and Director, Boston Properties

12:15 pm–2:30 pm Lunch – International Ballroom, Lobby Level

12:15 pm–2:30 pm Affinity Group Luncheon Program (Members Only) 2019 Conference Agenda

2:30 pm–3:30 pm Retail Innovation – Regency Ballroom, 2nd Floor This panel brings together a senior representative of one of the country’s most recognized upscale shopping centers; a major retailer and industry leader; a top retail strategist and innovative thinker; and an immersive retail developer, investor, and entrepreneur, all of whom have forged Victoria Snee Steve Dennis new directions in the retail property sector. They will share their insights and identify emerging trends and tenant needs. With those in mind, they will discuss the “new normal” in development and investments involving retail and how to approach underwriting, leasing, merchandising, design, and operations.

Moderator: Victoria Snee, Chief Marketing Officer, Highland Park Village Mark Masinter Valerie Richardson

Panelists: Steve Dennis, President, Sageberry Consulting/Forbes Contributor Mark Masinter, Managing Member, Open Realty Advisors Valerie Richardson, Vice President of Real Estate, The Container Store

3:30 pm–4:30 pm How Cities and Developers Compete to Win – Regency Ballroom, 2nd Floor Whether participating in a major headquarters competition à la Ama- zon or maintaining the steady attraction and retention of businesses and talent, cities seek to perfect a formula that will get them to “yes” in a com- petitive landscape, nationally and globally, for office tenants. Which fac- Steve Van Amburgh Mike Lafitte tors have long been critical in this process, and which have taken on increasing importance in recent years, particularly in the tech sector and other growth industries? A headline office occupant, a developer, a tenant representative in the Dallas market, and the Mayor of Dallas will share their perspectives.

Moderator: Steve Van Amburgh, Chairman and CEO, KDC Chris Nielsen Mayor Mike Rawlings

Panelists: Mike Lafitte, Global CEO, Advisory Services, CBRE Chris Nielsen, Executive Vice President Product Support and Chief Quality Officer, Toyota Motor North America Mike Rawlings, Mayor of Dallas, TX PENSION REAL ESTATE ASSOCIATION

5:00 pm–6:00 pm Reception – International Ballroom, Lobby Level

6:30 pm Doors close for dinner – please be seated prior to 6:45 pm; no entry after that time – Regency Ballroom, 2nd Floor

7:00 pm DINNER WITH PRESIDENT GEORGE W. BUSH AND JON MEACHAM George W. Bush, the 43rd President of the United States and 46th Governor of Texas, sits down for a conversation with acclaimed Presidential Biographer and Pulitzer Prize winner Jon Meacham.

9:30 pm–midnight Rising Leaders Cocktails – Hosted by the Rising Leaders Committee

George W. Bush

Jon Meacham 2019 Conference Agenda

FRIDAY, MARCH 15, 2019

8:30 am–10:00 am CLOSING BREAKFAST WITH NIKKI HALEY – Regency Ballroom, 2nd Floor Having recently stepped down as United States Ambassador to the United Nations, Nikki Haley has been a chief participant in the latest deliberations on questions of international diplomacy. She previously served as the 116th Governor of South Carolina. Ambassador Haley will speak about her experiences in government service and leadership in Nikki Haley one of her first appearances since leaving the State Department. PREA Vice Chair Christina Scarlato will then join her for an interactive discussion.

CONFERENCE CONCLUDES

Other Events to Watch for!

Christina Scarlato Wednesday, March 13 Women’s TEA (Invitation Only)

Thursday, March 14 Rising Leaders Cocktails (Hosted by the Rising Leaders Committee)

Friday, March 15 ESG Reporting: GRESB Training at PREA

LGREG (Lesbian and Gay Real Estate Group) PENSION REAL ESTATE ASSOCIATION

CONFERENCE COMMITTEE Howard Margolis, Conference Committee Chair, Clarion Partners Amachie Ackah, Clay Cove Capital, LLC Philip Belling, LBA Realty Thomas Flexner, Citi Alison Hawkins, Artemis Real Estate Partners Matthew Holberton, Crow Holdings Sonny Kalsi, GreenOak Real Estate Steve LeBlanc, CapRidge Partners, LLC Alisa Mall, Carnegie Corporation of New York Robert Murray, Praedium Group Clyde Robinson, ASB Real Estate Investments Trina Sanders, Los Angeles County Employees Retirement Association Mark Shoberg, Stanford Management Company Manoj Vasudevan, KAUST Investment Management Company

INSPIRING PROGRESS: THE PREA FOUNDATION AND SEO REAL ESTATE TRACK Recognizing the importance of diversity and inclusion to the future of the institutional real estate investment com- munity, PREA’s leadership has formed a foundation dedicated to these priorities. The PREA Foundation has partnered with Sponsors for Educational Opportunity (SEO), which has a 50-year track record of providing select educational and internship opportunities to college students from underrepresented backgrounds.

A successful initial fund-raising campaign—now exceeding $13.2 million—has enabled the launch of the first-ever SEO real estate track, engaging underrepresented talent in the institutional real estate industry through intern- ships that extend new opportunities and change career trajectories, to the mutual benefit of student and industry participants. The initial 47 real estate interns began their work with institutional investment partner firms across the country in the summer of 2018, far exceeding the target numbers anticipated when the program was first devised.

Leaders of the PREA Foundation and SEO real estate track will provide an update during this conference’s dinner reception. We encourage you to sign on with your support after you hear about the program’s progress. Every participant, whether an intern, an internship host, an investor support signatory, or a donor, plays an important role in realizing this initiative’s transformative potential. Please contact Gail Haynes, PREA President, [email protected], for additional information. 2019 Conference Agenda

SPEAKER BIOGRAPHIES

Eric Adler is the Chairman of PGIM Real Estate and PGIM Real Estate Finance and the CEO of PGIM Real Estate. He is a member of PGIM Real Estate’s Global Management Council, the Global Investment Committee, the Global Operating Council, and the Global Product Committee. Previously, Adler was Global CIO of PGIM Real Estate, responsible for overseeing the investment process and working with regional business leaders to build a consistent investment culture around the world. Earlier, he served as Head of PGIM Real Estate’s European business. Before joining PGIM Real Estate in 2010, Adler codirected Tishman Speyer’s European activities and was a member of its Global Management and Investment Committees. Earlier, he worked for Morgan Stanley Real Estate, where he led investment activities in Germany, France, Italy, and Spain. Previously, he worked for Credit Lyonnais and Unibail. Adler has a bachelor’s degree in Business Administration, summa cum laude, from the University of Arizona. He also holds a graduate business degree from HEC Business School in France. Adler is a founding member of the European Advisory Board of the Zell/Lurie Real Estate Center at the Wharton School of the University of Pennsylvania.

Jase Auby is the Deputy CIO of the Teacher Retirement System of Texas, with oversight of the public markets and private markets investment groups. Prior to his current role, Auby was Chief Risk Officer, Co-Chairman of the Management Committee, and Head of the Risk Group, responsible for managing and budgeting the risk of the overall investment fund. Prior to joining TRS, Auby worked with two start-ups in Austin, TX. Before that, he structured credit securitizations as a part of the structured credit group at Lehman Brothers. Auby began his career as a part of the fixed income division at Goldman Sachs. He received a BS in Electrical and Computer Systems Engineering from Harvard College. He is a CFA charterholder. PENSION REAL ESTATE ASSOCIATION

Dave Bragg is Managing Director at Green Street Advisors and leads the firm’s strategic research, which focuses on topics across property sectors in the public and private markets. Previously, Bragg led the firm’s residential research team, covering the apartment, single-family rental, student housing, manufactured housing, and self-storage sectors. He is a frequent speaker at industry conferences and has been quoted widely in the financial media, including the Wall Street Journal, the New York Times, Bloomberg, Grant’s Interest Rate Observer, and Barron’s. He is a member of the Urban Land Institute, serving as Assistant Chair of the Technology and Real Estate Council. Prior to joining Green Street in 2013, Bragg developed and led the REIT research effort at Zelman & Associates. Before that, he was a member of the REIT teams at ISI Group and Merrill Lynch. Bragg earned an MA in International Business from the University of Florida and a BA in International Relations from Tufts University.

Ian Bremmer is the President and Founder of Eurasia Group, a global political risk research and consulting firm. He is also the President and Founder of GZERO Media, a Eurasia Group company dedicated to helping a broad, global audience make sense of today’s leaderless world. Bremmer is a prolific thought leader, author, and noted lecturer, regularly expressing his views on political issues in public speeches, television appearances, and top publications. Dubbed the “rising guru” in the field of political risk by the Economist, Bremmer teaches classes on the discipline as a Professor at New York University and is a Foreign Affairs Columnist and Editor at Large for Time magazine. He is the author of several books, including Every Nation for Itself: Winners and Losers in a G-Zero World, The End of the Free Market: Who Wins the War Between States and Corporations? and Superpower: Three Choices for America’s Role in the World. His latest book is Us vs. Them: The Failure of Globalism.

2019DALLAS 2019 Conference Agenda

George W. Bush served as the 43rd President of the United States from 2001 to 2009 and worked to expand freedom, opportunity, and security at home and abroad. His first initiative as President was the No Child Left Behind Act, a bipartisan measure that raised standards in schools, insisted on accountability in return for federal dollars, and led to measurable gains in achievement, especially among minority students. Faced with a recession when he took office, Bush cut taxes for every federal income tax payer, which helped lead to an unprecedented 52 straight months of job creation. New free trade agreements enacted by the Bush Administration opened up American goods and services to new markets of more than 130 million consum- ers. Additionally, Bush worked with Congress to modernize Medicare with a prescription drug benefit and introduced market forces to the health-care system by establishing health savings accounts. The Bush Administration also focused on a variety of environmental issues, including efforts to reduce emissions and create the world’s largest marine protected area.

Following the terrorist attacks on September 11, 2001, Bush responded with a comprehensive strategy to protect the American people and wage a global war on terror. His administration built global coalitions to remove violent regimes in Afghanistan and Iraq, liberating more than 50 million people from tyranny. Recognizing that liberty and hope are the best alternatives to the extremist ideology of the terrorists, Bush provided unprecedented American support for young democracies and dissidents in the Middle East, Eastern Europe, Latin America, and elsewhere. Bush also launched global HIV/AIDS and malaria initiatives that have saved millions of lives.

Prior to the presidency, Bush served as the 46th Governor of Texas. Previously, he worked in the energy business in West Texas and, along with a group of partners, purchased the Texas Rangers baseball franchise.

After the presidency, Bush founded the George W. Bush Presidential Center in Dallas, which is home to the George W. Bush Presidential Library and Museum and the George W. Bush Institute, a nonpartisan public policy and leadership development center that engages communities across the United States and around the world by developing leaders, advancing policy, and taking action to solve today’s most pressing challenges. Bush is the author of three best-selling books: Decision Points (2010), 41: A Portrait of My Father (2014), and Portraits of Courage: A Com- mander in Chief’s Tribute to America’s Warriors (2017). He received a bachelor’s degree in History from Yale University and an MBA from Harvard Business School. 2019DALLAS PENSION REAL ESTATE ASSOCIATION 2019 Speaker Biographies

Steve Dennis is the President of Sageberry Consulting and a Forbes Contributor, as well as a consultant, keynote speaker, and writer on retail innovation and the future of shopping. During a 30-year career as a senior executive at two Fortune 500 retailers—and more recently as a strategy consultant—Dennis has worked with dozens of retail, luxury, and social-impact brands to inspire, catalyze, and design their journey from boring to remarkable. He has delivered keynote talks on five continents, sharing his unique take on what it takes to win in the age of Amazon, Alibaba, and digital disruption. Prior to founding SageBerry, Dennis was the Chief Strategy Officer and Senior Vice President of multichannel marketing for the Neiman Marcus Group. He received an MBA from Harvard and a BA from Tufts University.

Nikki R. Haley is the former United States Permanent Representative to the United Nations and served as a member of President Donald Trump’s Cabinet and the National Security Council. As the UN Ambassador, Haley ensured the American people saw value for their investment, introducing reforms that made the organization more efficient, transparent, and accountable. In the UN Security Council, Haley worked to defend Americans’ interests and keep the US safe, spearheading negotiations for the strongest set of sanctions ever placed on North Korea for its nuclear weapons program. Haley also championed human rights, challenging human rights violators across the globe and standing up to oppressive regimes in Iran, Syria, Venezuela, Cuba, and Russia. As President of the UN Security Council, she hosted the first-ever session devoted solely to promoting human rights. She traveled the world, visiting people oppressed by their own governments, to see firsthand the challenges they face and to work with them directly on life-improving solutions. During Haley’s time as Ambassador, the United States stood proudly with its allies, repeatedly taking a strong and principled stand against the chronic anti-Israel bias at the United Nations. Prior to her time as UN Ambassador, Haley served two terms as the first female and first minority Governor of South Carolina. Haley is a graduate of Clemson University.

Kevin A. Hassett is the Chairman of the White House Council of Economic Advisers. Prior to becoming Chairman of the CEA, he was an Economist at the American Enterprise Institute, where he served as the James Q. Wilson Chair in American Culture and Politics and Director of Research for Domestic Policy. He also served as Director of Economic Policy Studies and Resident Scholar from 2003–2014. Prior to joining AEI, Hassett was a Senior Economist at the Board of Governors of the Federal Reserve System and an Associate Professor of Economics and Finance at Colum- bia University’s Graduate School of Business. He has also served as a Visiting Professor at New York University’s Law School, as a Consultant to the US Treasury Department, and as an Advisor to presidential campaigns. A noted expert in the field of public finance, Hassett has authored peer-reviewed articles in leading economics journals and has served as a columnist in leading media outlets. He received a bachelor’s degree from Swarthmore. 2019 Speaker Biographies

Mike Lafitte is Global Chief Executive Officer of CBRE’s Advisory Services business and Chief Executive Officer of the firm’s Americas region. Prior to his current role, Lafitte was Global Group President, with responsibility for the EMEA and APAC regions, as well as asset services, project management, client care, and CBRE 360. Lafitte served as COO from 2012–2016 and before that served as President, Americas. He serves on the company’s Global Operating, M&A, and Enter- prise Risk Committees. Prior to becoming President, Americas, Lafitte was President of Institu- tional & Corporate Services. Previously, Lafitte served as President of Global Services for Trammell Crow Company and was a member of the firm’s Executive and Operating Committees. Lafitte joined Trammell Crow Company in 1997 and served in various roles, including COO of Global Services, Regional Director of the central region of the US, and Dallas Market Leader. Lafitte has been in the commercial real estate business since 1984, when he joined Lincoln Property Com- pany in Dallas, and served in production, leadership, and development roles with Bear Stearns and PREMISYS Real Estate Services. He earned an MBA from Southern Methodist University and a BBA from the University of Texas.

Mark Masinter is a Managing Member of Open Realty Advisors and founded the firm in 1987. He leads Open Realty’s principal investment and development endeavors and new business generation. Masinter recently cofounded Neighborhood Goods, a department store, and Doodle Farms, an urban farming venture, with his daughter Margot. In addition, he was a founding venture investor of Restoration Hardware and has invested in many retail, restaurant, and consumer-focused digital businesses. Masinter received a Bachelor of Political Science degree from Southern Methodist University.

Jon Meacham is a Presidential Historian, Pulitzer Prize Winner, and Contributor to Time magazine and the New York Times Book Review. A regular guest on Morning Joe, he is known as a skilled raconteur with a depth of knowledge about politics, religion, and current affairs. Meacham brings historical context to the issues and events impacting our daily lives. His books include The Soul of America: The Battle for Our Better Angels, Destiny and Power: The American Odyssey of George Herbert Walker Bush, Thomas Jefferson: The Art of Power, Franklin and Winston, American Gospel, and American Lion: Andrew Jackson in the White House, which won the Pulitzer Prize in 2009. He served as Newsweek’s Managing Editor from 1998–2006 and Editor from 2006–2010. Meacham has appeared on Meet the Press, The Colbert Report, and Ken Burns’ documentary series The Roosevelts: An Intimate History. Named a “Global Leader for Tomorrow” by the World Economic Forum, he is a member of the Council on Foreign Relations and a fellow of the Society of American Histori- ans, and he chairs the National Advisory Board of the John C. Danforth Center on Religion and Politics at Washington University. Meacham is a Distinguished Visiting Professor of History at the University of the South and a Visiting Distinguished Professor at Vanderbilt University. PENSION REAL ESTATE ASSOCIATION 2019 Speaker Biographies

Chris Nielsen is Executive Vice President of product support and Chief Quality Officer for Toyota Motor North America. He oversees a number of functions, including quality, supply chain management, service parts and accessories, the Toyota Production System Support Center, and the operations management development division. Previously, Nielsen served as Senior Vice Presi- dent of human resources, corporate strategy, supplier engineering development, and purchasing for Toyota Motor Engineering & Manufacturing North America, Inc. Prior to that assignment, Nielsen was President of Toyota Motor Manufacturing, Texas, Inc. Nielsen joined Toyota in 1987 as a Buyer and progressed through a series of positions, including Vice President of purchasing. He was the first American to participate in the management expatriation program, a year-long management development assignment with Toyota Motor Corporation in Japan. Nielsen received a BS in Industrial Engineering from Kettering University. He was named an Automotive News All-Star in 2007.

Mike Rawlings is the 61st Mayor of Dallas. Over more than seven years in office, he has focused on spurring economic development through his GrowSouth initiative, improving public education, combating poverty and domestic violence, developing parks, elevating the city’s international profile, and turning Dallas into a top destination for artists, young professionals, families, and corporations. Prior to politics, Rawlings worked his way up from an entry-level position at TracyLocke, then the largest advertising agency in the South, to become the CEO. Later, he took the helm of the world’s largest pizza company, Pizza Hut. He previously served as Chairman and Managing Partner of private equity firm CIC Partners, where he is currently the Vice Chairman.

Valerie Richardson is the Vice President of Real Estate at The Container Store, where she has led the real estate team for nearly 18 years. She is responsible for site evaluation and lease negotia- tion, along with the coordination of store design and construction for the brand’s nationwide expansion program. Prior to joining The Container Store, Richardson served as Senior Vice President of Real Estate and Development for Ann Taylor, Inc., where she administered the store expansion strategy of both Ann Taylor and Ann Taylor Loft. She also previously worked as Vice President of Real Estate and Development for Barnes & Noble, Inc. Richardson began her real estate career at Trammell Crow Company. She was elected Chairman of the ICSC for the 2018–2019 term, after serving on the organization’s Board of Trustees since 2004. Richardson earned an MBA in Real Estate from the University of North Texas and a BS in Education from Texas State University. 2019 Speaker Biographies

Victoria Snee is the Chief Marketing Officer for Highland Park Village, America’s first shopping center and the prototype for shopping centers all over the country. Prior to her position at Highland Park Village, Snee was the Director of Marketing for the new Legacy West development in Plano, TX, spearheading the grand opening of the mixed-use development. Earlier, she was the Direc- tor of Marketing and Public Relations at NorthPark Center in Dallas. Snee also cohosted a popu- lar morning radio show in North Texas and is an AP award–winning television news journalist. Based on her celebrity interviews, Snee authored The Beauty Buzz, where she shares the beauty secrets of some of the world’s biggest stars.

Owen D. Thomas is the CEO and a Director of Boston Properties. He is a Director of Lehman Brothers Holdings and served as its first Chairman from 2012 until March 2013. Prior to Lehman, Thomas was with Morgan Stanley for 24 years, serving in a number of different roles, business units, and locations, including CEO of Morgan Stanley Asia, President of Morgan Stanley Investment Management, Head of Morgan Stanley Real Estate, and Chairman of Mitsubishi UFJ Morgan Stanley Securities. He also served on Morgan Stanley’s Management Committee from 2005–2011. Thomas is a Trustee of the Urban Land Institute, a Director of the Urban Land Institute Foundation, an Officer of the National Association of Real Estate Investment Trusts and member of its Executive Board, a Director of the Real Estate Roundtable, a Director of the University of Virginia Investment Management Company, and a former Chairman of the Pension Real Estate Association. Thomas received a BS in Mechanical Engineering from the University of Virginia and an MBA from Harvard Business School.

Steve Van Amburgh is the Chairman and CEO of KDC and manages the firm’s strategic planning, coordinates all new business development efforts, and oversees all acquisition and development activities of KDC. He assumed leadership of the company in 2001 and has led KDC through many years of growth, spanning varying industry trends and market conditions. Van Amburgh earned a BS in Economics and Commerce at Washington and Lee University. 2019DALLAS PENSION REAL ESTATE ASSOCIATION

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