John Kukral</br>President, Northwood Investors LLC

John KrukalWednesday, November 28, 2007

Mr. Kukral, President of Northwood Investors, has been an active real estate investor for over 23 years. During his career he has been involved in over $40 billion real estate transactions worldwide ranging from office buildings, shopping centers, hotels and residential.

Mr. Kukral started his career at JMB Realty Corporation in 1982 and was most recently (1994 to 2005) with Blackstone Real Estate Advisors where he served as President and CEO from 2002 until his departure in 2005. During his tenure, Blackstone Real Estate Advisors grew to become one of the largest and most successful real estate managers globally.

Mr. Kukral graduated from Northwestern University and received his M.B.A. from the Harvard Business School. He is a Trustee of the Urban Land Institute, a Governor of the Urban Land Foundation, and a Trustee of the National Jewish Hospital in Denver and past Chairman of the Savoy Group in London. He is currently a member of the board of The Regional Planning Association of New York, Connecticut and New Jersey. Mr. Kukral is also on the board of two public companies: Aircastle Limited and HFF, Inc.