DARIUS ANDERSON

Darius Anderson, the managing member of Kenwood Investments, LLC has a distinguished career in real estate, business and politics over the last twenty years. Darius has been involved in a variety of real estate development projects including River West Development in Sacramento, as Chief of Staff of The Yucaipa Companies, and as the Managing Member of Treasure Island Enterprises, LLC and Treasure Island Community Development, LLC.

Mr. Anderson founded Kenwood Investments in 1999 to pursue real estate development opportunities. Since then, Kenwood has managed entitlements for the redevelopment of Treasure Island, the Sacramento Docks, the Marketplace at Anaheim, El Cerrito BART Village, Urban America, and Hollywood Park.

Between 1993 and 1998, Darius Anderson served as Chief of Staff for The Yucaipa Companies, and as Vice President of External Affairs for Ralphs Grocery Stores, Inc., a Fortune 500 company. During that time, Darius Anderson was responsible for business development for The Yucaipa Companies, including property acquisition and development, and for government affairs, community relations, external corporate communications and public relations for Ralphs Grocery Stores. He also served as the Executive Director for the Ralphs/Food 4 Less Foundation.

Mr. Anderson is involved in a variety of charitable activities. He serves on the Board of Directors of the Jackie Robinson Foundation, the Robert Toigo Foundation, and the new Chair of the National Advisory Council at the Institute of Governmental Studies at University of California, Berkeley. He’s also active in the Big Brothers/Big Sisters Program and owns world-class collections of both baseball and Jack London memorabilia.

Darius Anderson holds a Bachelor’s degree in Communications from George Washington University in Washington, D.C.


JAY WALLACE

Jay Wallace formed Kenwood Investments, LLC in 2000 with Darius Anderson. Mr. Wallace’s real estate experience spans over 20 years and now includes overseeing all of Kenwood Investments, LLC’s development projects. Prior to joining Kenwood Investments, Jay Wallace was a member of the law firms of Sanger & Olson, Coblentz, Cahen, McCabe & Breyer and the San Francisco City Attorney’s Office, where he specialized in real estate entitlement, environmental and development law. Mr. Wallace’s legal career also included a successful litigation practice on behalf of public and private clients involving the California Environmental Quality Act (CEQA) and other significant regulatory issues. Mr. Wallace has also previously served in a variety of political positions for numerous California politicians.

As a member of Kenwood Investments, LLC’s management, Mr. Wallace is responsible for entitlements, project feasibility, finance, design, project budgeting and delivery, negotiations with federal, state and local regulatory bodies, and community relations. Jay Wallace is also actively involved in new project acquisition and development. He has successfully negotiated over $1 billion in real estate transactions, including residential, retail and entertainment projects. Mr. Wallace has been the lead developer for Kenwood Investments, LLC’s Treasure Island redevelopment project.

Mr. Wallace currently serves as a member of the Board of Directors of the Peninsula Coalition, a consortium of public and private leaders in the Bay Area, and has previously served on the Board of Directors of the San Francisco Port Commission, Waterfront Land Use Board and the San Francisco Mission YMCA. Mr. Wallace is a member of the Urban Land Institute (ULI) and the San Francisco Planning and Urban Research Association (SPUR).

Jay Wallace earned a Bachelor’s degree in Political Science and Philosophy from Pitzer College, Los Angeles and a Juris Doctorate from the University of California, Hastings College of the Law, San Francisco.


LINO CAMPANILE

Lino Campanile joined Kenwood Investments in early 2007. Mr. Campanile oversees the implementation of all financial strategies for Kenwood, including investor relations, economic modeling and forecasting, cash management, lender and finance relationships, public finance strategies and supervision of all accounting functions.

Throughout his career, Mr. Campanile, a Certified Public Accountant, has obtained finance and accounting experience by working for both real estate companies and public accounting firms. Mr. Campanile’s experience in the real estate industry encompasses multi- and single-family residential, office, retail, mixed use, and hospitality projects.

Prior to joining Kenwood, Mr. Campanile worked for Lennar Corporation’s Bay Area Urban Division. Lennar is one of the nation’s largest homebuilders and focuses on the development of residential communities in 20 states. While with Lennar, Mr. Campanile managed the financial performance of a diverse Bay Area portfolio valued at more than $250 million, with projected revenues of over $1.5 billion. Assets within this portfolio include some of the region’s largest master planned and mixed-use communities, including 3 naval base conversions, multiple condo conversion projects, and high rise condominium projects located in downtown San Francisco.

Mr. Campanile has worked in partnership with Messrs. Anderson and Wallace since 2004 on the Treasure Island project. Mr. Campanile began his career with Arthur Andersen where he served several clients in the real estate industry.

Mr. Campanile works with youth organizations, such as the Boy Scouts of America, which help foster and encourage the development of ethical character and leadership skills of today’s youth. Mr. Campanile graduated magna cum laude with a Bachelor’s degree in Business Administration and Accounting from San Francisco State University. He received his CPA in 2001.


BETHANY FISCHER

Bethany J. Fischer has a background in economic development and government relations. Her responsibilities at Kenwood Investments, LLC include property acquisition, entitlements, project management, negotiations with federal, state and local regulatory bodies and legislative affairs. She is the project lead for the development of the Marketplace at Anaheim and the Sacramento Docks Area, a 23 acre waterfront site in downtown Sacramento, and the new downtown redevelopment in Hesperia, California.

Miss Fischer served as an Executive Fellow assigned to the California Technology, Trade and Commerce Agency, the primary state agency charged with economic development, international trade and military base retention and reuse. Her Fellowship research was focused in the area of streamlining state and local government programs related to military base retention and reuse for the economic benefit of California communities. At the conclusion of her Fellowship, Miss Fischer served in the Executive Office as the Special Assistant to the Undersecretary and Chief Counsel of the Agency. In 2002, Ms. Fischer moved to Platinum Advisors, LLC, a separate company owned by Mr. Anderson that is one of the State of California’s leading state and local government affairs and legislative policy firms, where she began her long collaboration with Messrs. Anderson and Wallace.

In addition to her work in Sacramento and now in San Francisco, Miss Fischer is an active member of the San Francisco Junior League, the Young Leaders Group of the Urban Land Institute (ULI), and the San Francisco Planning and Urban Research Association (SPUR). She also serves as the Secretary and Treasurer on the board of the Aquarium of the Bay Foundation, an education and conservation organization dedicated to the San Francisco Bay.

Bethany Fischer graduated magna cum laude with a Bachelor’s degree in Political Science from the University of San Diego and is a candidate for a Masters degree in Business Administration with the University of California, Berkeley – Columbia University Executive MBA Program (2007).


BRAD WELCH

Brad Welch joined Kenwood Investments, LLC in 2006. He has a background in land acquisitions and environmental policy. Mr. Welch’s responsibilities as part of the Kenwood Team include property acquisition, entitlement processing, project management, and compiling assumptions for preparation of feasibility proformas. He is actively involved in project management for the proposed redevelopment of Konocti Harbor Resort and Spa, as well as various other existing projects in Kenwood’s pipeline. Mr. Welch also plays a critical role in sourcing new acquisition opportunities.

Prior to joining Kenwood Investments, Mr. Welch worked in the Land Acquisition Department for Christopherson Homes, Inc. – Northbay Division in Santa Rosa, California. While there he was responsible for identifying and bringing to market potential residential land for use by the Christopherson Homes building operation. Mr. Welch gathered feasibility assumption data pertinent to processing of potential future residential projects. His responsibilities included understanding community ordinances, zoning, general plan policy, environmental considerations, and special building, engineering and planning requirements for processing of residential subdivision maps. He also coordinated with site engineering, construction, and sales and marketing to ensure consistency between work product and pertinent entitlement agreements.

Before working with Christopherson Homes, Mr. Welch was an independent environmental consultant specializing in resource conservation planning in Sonoma County acting as a planning and mitigation liaison between the development community and the regulatory agencies.

Brad Welch holds a Bachelor’s degree in Environmental Planning from the University of Washington in Seattle. He is an active member of NAHB and HBA.


GEORGE MURCHISON

George Murchison joined Kenwood Investments in the summer of 2006. Mr. Murchison’s responsibilities at Kenwood include acquisition analysis, transaction due diligence and project management. He is actively involved in all of Kenwood pipeline projects and his analysis involves compiling proforma cash flows, sensitivity analysis, tax increment finance modeling, and joint venture structuring.

Prior to Kenwood Mr. Murchison worked with Citigroup’s Commercial Real Estate Group in San Francisco as an Assistant Vice President of Loan Underwriting. While there he focused on California’s major real estate markets and underwrote a variety of property types including multi-family, retail, office, industrial and mixed-use properties. Mr. Murchison worked with borrowers to design financing that met each client’s property specific requirements. Before Citigroup, Mr. Murchison worked with Comerica Bank’s West Coast division as a credit analyst providing finance analysis for middle market businesses in Northern California.

Mr. Murchison is a resident of San Francisco and has volunteered as a tutor with YMCA’s Youth Chance High School for at-risk youth in San Francisco.

George Murchison graduated with a Bachelor of Science in Spanish and Latin American Studies from Georgetown University.