Panelists:

Rex Rudy | US Bank

Peter Morral | Granite Point Mortgage Trust

Christina Doh | Silverstein Capital Partners

Mark Williams | Eastdil Secured

David J. Adelman is a Philadelphia-based entrepreneur and active private investor. Mr. Adelman made his first investment more than thirty years ago, investing just two-thousand dollars in Campus Apartments, a student housing business. Since then, under his leadership, Campus Apartments has become a leader in the industry with more than two-billion dollars in assets under management across 18 states.

Mr. Adelman’s strategic vision and business savvy drove Campus Apartments to redefine the college living experience, and today, the company is widely recognized as a leader in the industry and is a go-to-partner for colleges and universities, developers and investors. Mr. Adelman’s strength lies in his ability to structure deals and raise institutional capital from global investors.

Over the past three decades, Mr. Adelman has expanded and diversified his portfolio beyond real estate. He is the co-founder and Vice Chairman of FS Investments, a leading manager of alternative investment funds, with twenty-four billion dollars of assets under management. Mr. Adelman also serves as the lead investor and Lead Director of Wheels Up, an innovative and intelligent private aviation solution.

In addition to his leadership positions with Campus Apartments, FS Investments and Wheels Up, Mr. Adelman also holds positions on the boards of numerous esteemed organizations. His board roles include: Actua Corporation; Penn Medicine Board of Trustees; Board of Councilors of the USC Shoah Foundation; Vice Chair of the University City District Board of Directors; Chairman of the Philadelphia Holocaust Foundation and member of the Young Presidents Organization.

Mr. Adelman was the recipient of the 2009 Multifamily Executive, “Executive of the Year” award and was also selected as the 2010 Ernst & Young Entrepreneur of the Year in the real estate category in Greater Philadelphia. He received his BA in Political Science from Ohio State University.

Ms. Cummings is a Partner at Park Madison Partners focused on capital formation, strategic advisory services, and client management. She has over 35 years of real estate experience across a wide range of roles including acquisitions, asset management, portfolio management, and capital formation.

Prior to joining Park Madison Partners, Ms. Cummings was a Managing Director at MetLife Investment Management, where she was responsible for the development and management of relationships with institutional investors and consultants. Prior to joining MetLife, Ms. Cummings served for nearly 15 years at JPMorgan Asset Management, helping to expand JPMorgan's real assets group into the institutional advisory space. Before JPMorgan, Ms. Cummings served as a portfolio manager at Lend Lease Real Estate Investments. Prior to that, she was a President and owned a majority interest in Net Lease Partners. She started her career at W.P. Carey in 1982.

Ms. Cummings attended Stanford University where she studied English.

Jeri Ballard is the Executive Vice President of Real Estate, Business Operations Centres, and Corporate Travel. She is responsible for leading a team that delivers the non-hydrocarbon physical infrastructure to Shell businesses, projects and ventures. This includes land assembly, real estate transactions, offices, housing, worker accommodations and facilities management.

Jeri began her career with Westinghouse Electric and has held management positions with Asea Brown Boveri (ABB) and Dynegy Inc, where she was the Senior Director of Global Facilities Management. She joined Shell in Houston in 2004.

Focusing on strategic planning and long-term goals, Scott oversees relations with financial institutions, government agencies, economic development organizations and industry groups. He joined the company in 1972. Scott is Chairman of the Board for the Maryland Economic Development Corporation and Maryland Business for Responsive Government, and sits on the Board and Executive Committee for the Economic Alliance of Greater Baltimore, the Young Life-Urban Baltimore Board of Directors, M&T Bank Greater Baltimore/Washington Director’s Advisory Council, the Baltimore County Economic Development Commission, and the Board of Trustees for Junior Achievement of Central Maryland. In addition, he is a member of the National Association of Industrial and Office Properties (NAIOP), the Institute of Real Estate Management (IREM) and the Urban Land Institute (ULI). He holds a Bachelor of Arts from Cornell University and an MBA from Loyola University in Maryland.

Appreciating Real Estate w/ Marv Larger by The Ohio State Center for Real Estate

Marion Mollegen McFadden serves as senior vice president for public policy and as senior advisor for resilience at Enterprise. She leads Enterprise’s policy development and research and advocacy at the federal, state, and local levels, where we work with thousands of partners to safeguard, expand, analyze and improve programs that support equitable housing affordability and neighborhoods of opportunity. Marion works nationwide to support resilience planning and programs in communities impacted by flooding, hurricanes, earthquakes, wildfires, and extreme heat so that they can build more resilient futures.

Previously, she served as deputy assistant secretary for grant programs at the U.S. Department of Housing and Urban Housing (HUD), where she oversaw affordable housing and community development programs, including the Community Development Block Grant Program (CDBG), the HOME Investment Partnerships program, the Housing Trust Fund, the Neighborhood Stabilization Program (NSP) and CDBG Disaster Recovery funds. In this role she formed and facilitated multiple public-private partnerships, including the award-winning Rebuild by Design competition. Marion has been invited to testify in front of Congress five times and has been widely featured in national media outlets including the NY Times, the Washington Post, the Wall Street Journal, Fortune, Bloomberg, PBS Frontline, National Public Radio, and the Hill.

Marion holds a J.D., magna cum laude, from Howard University School of Law and a bachelor’s from Northwestern University.

Ms. Miller is co-owner, President/Managing Partner, and Head of Portfolio Management of Hillcrest Finance LLC, a New York City based real estate credit platform. In this capacity, she has oversight of the day-to-day operations of the Firm, as well as portfolio management

responsibilities for Hillcrest’s investment vehicles.

Ms. Miller has over 30 years of experience in the real estate industry. Prior to joining Hillcrest, Ms. Miller was Managing Director at Rockwood Capital where she was responsible for business development, product strategy, capital raising, and investor relations. Previously, Ms. Miller held positions with notable real estate investment management firms including Global Managing Director of Trammell Crow Company's Global Services Group, Managing

Partner of Investment Strategy with Hart Advisers, Inc., Vice President of Portfolio Management at J.P. Morgan Investment Management, Inc., Vice President of Marketing and Client Services with O'Connor Capital Partners, and Vice President at TIAA-CREF.

Ms. Miller received a Bachelor of Science degree in Architecture from the University of Virginia and a Master of Science degree in Real Estate Investment, Finance, and Development from New York University.

She is a Counselor of Real Estate®, a member of the Urban Land Institute, the Pension Real Estate Association, and both of IREI Editorial Boards. In addition, Ms. Miller is a member of The University of Virginia’s Foundation Board of Directors, The University of Virginia’s Architecture School Foundation Board of Directors, and the Charter School Growth Fund’s Structured Finance Committee.

Sara Schoen is a career-long real estate ESG professional who advises companies and investors on ESG strategy, implementation, and investor relations to create long-term value. Her 15 years of experience include leading ESG for Clarion Partners, where she integrated ESG analysis into internal due diligence and business planning processes and managed all ESG reporting. She also established First Potomac Realty Trust’s (NYSE: FPO) energy and sustainability department, reducing the firm’s total annual energy spend by 10% in three years. Sara’s in-company experience affords her an intimate understanding of how ESG initiatives play out on the ground and she brings strong vision regarding how to maximize ESG efficiency and effectiveness. She has also worked at the U.S. Department of Energy on the commercial real estate segment of the Obama Administration’s 13-billion-square-foot Better Buildings Initiative as well as at the U.S. Green Building Council on LEED technical development. Sara is passionate about results-focused sustainability integration that efficiently delivers financial and societal returns. She holds a B.A. in Sociology from the University of Maryland and a M.S. in Energy Policy and Climate from Johns Hopkins University.

Co-founder and chairman of The New Albany Company, Jack Kessler is one of central Ohio’s most accomplished real estate developers and influential civic leaders. The developer of numerous residential communities across the country, Kessler’s commitment to the evolution of New Albany is both professional and very personal. Along with co-founder, Les Wexner, Kessler was among its first residents.

Kessler serves on The John Glenn School of Public Affairs; New Albany Surgical Hospital Foundation; and is a board member of The Columbus Partnership.

Kessler is past Chairman of The Ohio State University Board of Trustees; past Chairman of Ohio Public Works Commission; past Chairman of United Way of Central Ohio; past Chairman of Greater Columbus Chamber of Commerce; past Chairman of Columbus Museum of Art; past Chairman of The Ohio Arts & Sports Facilities Commission and past President of the Columbus School for Girls. He also was on the Board of Directors of JPMorgan Chase & Co., The Limited, Inc., Commercial Vehicle Group, Abercrombie & Fitch, Columbus Regional Airport Authority, the Columbus Downtown Development Corporation, and Cleveland Federal Reserve.

Kessler was inducted into the Central Ohio Business Hall of Fame, received the Builder of Columbus Award, the Builders Exchange Columbus Award, Columbus Chamber of Commerce Outstanding Citizen, The Ohio State University Foundation Gerlach Award, the Columbus Public Schools Hall of Fame Award, Honorary Doctorate Degree from Otterbein University, and Recipient of the 2012 Distinguished Service Award from The Ohio State University.

Mr. Kessler is a graduate of The Ohio State University, College of Business Administration.

Mr. Kessler and his wife, Charlotte, live in New Albany.