Mr. Silberstein has served as one of our directors since August 2015. Mr. Silberstein joined Almanac in 2009 where he is a managing director and a member of the Almanac Investment Committee and is responsible for the origination, structuring and management of the investment of Almanac’s funds. Prior to joining Almanac, he served as the Chief Investment Officer and Chief Operating Officer for Stoltz Real Estate and during the same period established AMS Real Estate Partners. Prior to that, he worked in real estate investment banking and private equity, first at Bear Stearns and then Morgan Stanley. He currently serves on the board of directors of CIP Real Estate, Davlyn Investments, L3 Capital and PREP Property Group. He has also served on the board of directors of NRES Holdings, RAIT Financial Trust (NYSE: RAS), RXR Realty, Slate Asset Management, Welsh Property Trust, Westcore Properties, Winter Properties and WPT Industrial Real Estate Investment Trust (TSX:WIR). Mr. Silberstein graduated from Yale University in 1989 and received an M.B.A. in 1995 from New York University Stern School of Business where he was a Glucksman Fellow. Mr. Silberstein was originally appointed to our Board pursuant to Almanac’s right to designate two directors to our Board for so long as Almanac indirectly owned 10.0% or more of the outstanding shares of our common stock. Mr. Silberstein’s depth of experience in investment management, leveraged finance and financial services gives our Board valuable industry-specific knowledge and expertise on these and other matters.