Biography

PETER D. LINNEMAN, age 71, has served on our Board since March 2017. He served as director on the Board of Equity One, Inc. from 2000 until its merger with us. From 1979 to 2011, Dr. Linneman was a Professor of Real Estate, Finance and Public Policy at the University of Pennsylvania, Wharton School of Business and is currently an Emeritus Albert Sussman Professor of Real Estate there. Dr. Linneman is currently a Principal of Linneman Associates, a real estate advisory firm, and a Principal of American Land Funds, a private equity firm. Dr. Linneman is currently serving as a director of AG Mortgage Investment Trust, Inc., Paramount Group, Inc. and Equity Commonwealth. He previously served as director of Atrium European Real Estate Ltd., Bedford Property Investors, Inc. and JER Investors Trust, Inc. and was Chairman of Rockefeller Center Properties. Dr. Linneman holds both a masters and a doctorate degree in economics from the University of Chicago. Dr. Linneman has significant experience in financial and business advisory services, investment activity and as member of numerous public and private boards, including many real estate companies.