Andrew M. Silberstein

Bear, Stearns & Co., Inc. is a global investment banking, securities trading and brokerage firm located in New York City with additional offices in Dallas, Boston and San Francisco. The firm is a subsidiary Bear Sterns Cos., Inc. (NYSE: BSC). Their equity research team consists of senior analysts located throughout the world. In addition to domestic coverage, they have research teams focusing on Latin America, Asia and Europe. The analysts use a bottom-up approach to stock selection. The Bear Stearns fixed-income research department provides coverage of every sector of the fixed-income universe. The financial analytics and structured transactions group (F.A.S.T) provides investment research, fixed-income portfolio management and analytical systems, trading technology and general financial expertise. The group also provides a broad range of services to financial institutions including asset-liability management, balance sheet restructuring, receivables-based financing analysis, security and portfolio analysis, peer analysis, and historical and real-time market-based information.

Welsh Property Trust, Inc. is a vertically integrated, self-administered and self-managed real estate investment trust, or REIT, formed to continue and expand the 32-year-old business of the Welsh organization. They acquire, own, operate, and manage industrial and office properties primarily across the central United States and provide real estate services to commercial property owners in central U.S. markets. Upon completion of this offering and the formation transactions described herein, they will own and manage its existing portfolio of 64 income-producing properties, consisting of 56 industrial and eight office properties comprising in the aggregate approximately 9.3 million leasable square feet. Its existing portfolio also includes five parcels of vacant, developable land totaling approximately 44 acres in four markets. All of its land holdings are adjacent to real estate assets in its existing portfolio and they believe they will provide attractive development opportunities when market conditions improve. They will also own an economic interest in a portfolio consisting of 10 industrial and four office properties totaling approximately 3.2 million leasable square feet. They expect to maintain management and leasing responsibilities for this portfolio, which they refer to as its joint venture portfolio. Its existing portfolio and its joint venture portfolio are referred to together as its real estate portfolio

WPT Industrial Real Estate Investment Trust engages in the acquisition, development, and owning industrial investment properties. It focuses on the warehouse and distribution properties. The company was founded on March 4, 2013 and is headquartered in Toronto, Canada.

RAIT Financial Trust operates as an real estate investment, which focuses on providing debt financing options to owners of commercial real estate throughout the U.S. The company was founded by Betsy Z. Cohen in August 1997 and is headquartered in New York, NY.

International Council of Shopping Centers, Inc. serves the global retail real estate industry. Its programs include webinars, global awards program, exhibit, sponsorship and advertising, opportunities. The company was founded in 1957 and is headquartered in New York, NY.

The Urban Land Institute operates as a non-commercial research organization. It provides leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The company was founded on December 14, 1936 and is headquartered in Washington, DC.