Officers & Trustees

Officers & Trustees

Executive Officers

Frederick C. Tuomi
Frederick C. Tuomi
Chief Executive Officer
Frederick C. Tuomi

Frederick C. Tuomi has been our Chief Executive Officer since January 2016 and has served as a trustee of the Company since March 2017. Mr. Tuomi served as co-president of CAH from March 2015 and chief operating officer from July 2013 until the closing of the Internalization (as defined below) and the Merger. He was responsible for setting CAH’s strategic direction and leading the operations of CAH’s single-family rental operations including construction/renovations, marketing, leasing, property management, asset management, human resources and information technology. Prior to joining CAH, Mr. Tuomi was executive vice president and president—property management for Equity Residential, which he joined in 1994. He led the development of Equity Residential’s property management group through years of rapid growth and expansion to become the largest multi-family real estate investment trust (“REIT”) in the United States, while helping to pioneer its leading operational platform. Prior to Equity Residential, he was president of Residential Asset Management Group, a subsidiary of Post Properties. Throughout his 35-year career, he has served on numerous multi-family industry boards and executive committees, including the National Multi-Housing Council, California Housing Council, California Apartment Association and the USC Lusk Center for Real Estate. Since September 2014, Mr. Tuomi also serves as a director of Tejon Ranch Co. (NYSE: TRC), a diversified real estate development and agribusiness company. Mr. Tuomi serves on the board of directors and as treasurer of the National Rental Housing Council. Mr. Tuomi is a graduate of Georgia State University, with degrees in Business Information Systems and a Masters in Business Administration.

Charles D. Young
Charles D. Young
Chief Operating Officer
Charles D. Young

Charles D. Young has been our Chief Operating Officer since March 2015. He was also the senior vice president – west division of the Manager until the closing of the Internalization. He has also served as regional vice president, eastern region of Waypoint Real Estate Group HoldCo, LLC (the “Waypoint Manager”) since February 2013. He joined the Waypoint Manager as regional director for Chicago in 2012. Mr. Young brings 20 years of real estate development, investment and management experience to his role. Prior to joining the Waypoint Manager, Mr. Young was executive vice president at Mesa Development from 2003 to 2012, a national real estate developer, investor and service provider with a focus on complex mixed-use residential opportunities. Before Mesa, Mr. Young worked for Goldman, Sachs & Co. in their Real Estate Principal Investment Area (Whitehall) and Goldman’s Investment Banking Division, in mergers and acquisitions. Mr. Young also created and managed two entrepreneurial ventures. He co-founded and was a managing director of The Kaleidoscope Group, L.L.C., a strategic diversity and management consulting firm, and he managed K.G. Holdings, LLC, a real estate holding and management firm. Before starting his career in real estate and investment banking, Mr. Young spent several years as a professional football player in the National Football League and the World Football league. He is a board member of SPARK, a non-profit organization that provides apprenticeships to middle school students from disadvantaged communities. Mr. Young holds a B.A. in Economics from Stanford University and a M.B.A. from Stanford University’s Graduate School of Business.

Arik Prawer
Arik Prawer
Chief Financial Officer
Arik Prawer

Arik Prawer has been our Chief Financial Officer since January 2016. Mr. Prawer was at CAH since its inception in March 2012 and served as co-president from March 2015 and chief financial officer since December 2012 until the closing of the Internalization and the Merger. Mr. Prawer was responsible for all of CAH’s financial, capital raising and treasury functions. Prior to being appointed chief financial officer of CAH, Mr. Prawer devoted his efforts to acquisitions, developing third-party affiliate partner relationships and capital markets activities. Prior to joining CAH in 2012, Mr. Prawer spent 12 years at Credit Suisse Securities, LLC where he led the West Coast Real Estate investment banking practice focusing on capital formation and mergers and acquisitions for public and private real estate companies. Mr. Prawer also has nine years of private equity and corporate experience in the real estate and energy sectors. Mr. Prawer received an M.B.A. from The Wharton School, University of Pennsylvania and a B.S.E. in Finance and a B.A. in History from the University of Pennsylvania.

Ryan A. Berry
Ryan A. Berry
EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
Ryan A. Berry

Ryan A. Berry has been our Executive Vice President, General Counsel and Secretary since joining us in March 2016 after serving as senior vice president, general counsel and corporate secretary of Spirit Realty Capital, Inc. (NYSE: SRC), a net lease REIT, from July 2013 to March 2016. At Spirit, Mr. Berry oversaw the legal, governance and compliance functions of the company and managed the execution of corporate finance and strategic transactions. Prior to that, Mr. Berry was in private legal practice, focusing on strategic corporate and finance transactions, securities laws compliance and corporate governance. Mr. Berry practiced most recently as a shareholder of the law firm of Polsinelli PC from 2010 to 2013 and previously as an associate of the law firm of Latham & Watkins, LLP from 2005 to 2010, before which he held management positions in business development and operations for public and privately held international corporations. Mr. Berry earned a B.A. from Yale University and a JD, summa cum laude, from the University of Arizona, and is licensed to practice law in Arizona and California.

Lawrence P. Gorman
Lawrence P. Gorman
EXECUTIVE VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER
Lawrence P. Gorman

Lawrence P. Gorman serves as our Executive Vice President, Chief Technology Officer. He joined us in November 2016 after 20 years of experience delivering technology solutions to the hospitality industry, where he served in various technical and leadership roles in property management systems development. Prior to joining the Company, Mr. Gorman served as the chief technology evangelist for the SkyTouch Technology business division of Choice Hotels International, focusing on SkyTouch Technology’s long-term technology strategy, innovation and business development efforts. Mr. Gorman was also responsible for the initial launch of the SkyTouch Technology cloud platform, where he led the architecture, development, and infrastructure teams. Prior to his role at SkyTouch Technology, Mr. Gorman headed property systems development for Choice Hotels International, where he was responsible for the architecture, design, and development of the hospitality industry’s first large-scale, cloud-based property management system that supported the mission-critical business operations for Choice Hotels International’s portfolio of more than 6,000 hotels worldwide. The success of this property management system within Choice Hotels International resulted in the launch of SkyTouch Technology in 2012 to commercialize this platform for use by the broader hospitality industry. Prior to his leadership roles at Choice Hotels International and SkyTouch Technology, Mr. Gorman served in senior-level programming and architecture roles at Choice Hotels International. Prior to joining Choice Hotels International, Mr. Gorman served as an engineering systems engineer for Electronic Data Systems. Mr. Gorman holds a B.S. degree in Industrial and Manufacturing Engineering from Oregon State University.

Justin M. Iannacone
Justin M. Iannacone
EXECUTIVE VICE PRESIDENT, CONSTRUCTION
Justin M. Iannacone

Justin M. Iannacone has been our Executive Vice President, Construction since January 2016. Mr. Iannacone served as CAH’s executive vice president-construction management from March 2012 until the closing of the Internalization and the Merger. Mr. Iannacone was responsible for CAH’s construction operations. Prior to joining CAH in March 2012, Mr. Iannacone was the vice president of finance and operations for Vineyard Homes, LLC from March 2011 to March 2012 where he was responsible for overseeing the day-to-day operations of over 100 employees in Arizona, California and Nevada. Before joining Vineyard, Mr. Iannacone was a founding partner at Cadence Homes, LLC, a privately held production homebuilding company in Phoenix, Arizona, and served as vice president and designated broker from October 2007 to February 2011. Mr. Iannacone has more than 15 years of experience in finance and construction roles including assisting in the executive management of both small start-up operations as well as large homebuilding companies. Mr. Iannacone has also worked for several homebuilding companies in both operational, financial and land acquisition roles. Mr. Iannacone received his B.A. in Finance and Accounting from the University of Arizona. Mr. Iannacone is also a Certified Public Accountant and holds an active designated real estate broker’s license in Arizona.

Joshua Swift
Joshua Swift
Senior Vice President, Investments
Joshua Swift

Joshua Swift has been our Senior Vice President of Investments since January 2016. Mr. Swift served as CAH’s vice president of asset management and property management, senior vice president of asset management and most recently as senior vice president of investments from May 2012 until the closing of the Internalization and the Merger. Mr. Swift was responsible for the development and implementation of CAH’s property management and asset management teams and starting in February 2015 had overseen the investments department with responsibility for acquisitions, dispositions, asset management and revenue management. Prior to joining CAH in May 2012, Mr. Swift served as the chief operating officer of Green Zebra Adventures from May 2009 to May 2012, a start-up adventure tourism company doing business in the Caribbean, Mexico and the United States, including Hawaii. From 2004 to 2009, Mr. Swift held various positions with the Loreto Bay Company, a sustainable development real estate company, partnered with the Federal Government of Mexico, building single-family homes, hotels, golf courses and a variety of other vacation property amenities. Mr. Swift has over 12 years of experience in leadership roles focused on operations, asset management and investment management in start-up companies in the real estate and tourism sectors. Mr. Swift received a Bachelor degree in Economics and Spanish from DePauw University.

Trustees

Barry S. Sternlicht
Co-Chairman of the Board

Barry S. Sternlicht has served as one of the Company’s two Co-Chairmen of the Board since January 2016. From 2012 until January 2016, he served as the chairman of the board of trustees of Starwood Waypoint Residential Trust, our predecessor company. Mr. Sternlicht has been the president and chief executive officer of Starwood Capital since its formation in 1991. Over the past 26 years, Mr. Sternlicht has structured investment transactions with an asset value of more than $84 billion. He was the Chairman of Starwood Hotels & Resorts Worldwide, Inc., or Starwood Hotels, a NYSE-listed company, from September 1997 to May 2005 and the chief executive officer of Starwood Hotels from January 1999 to October 2004. He has been the chairman of the board of directors and the chief executive officer of Starwood Property Trust since its inception in 2009. Since January 2013, Mr. Sternlicht has served as chairman of the board of TRI Pointe Homes, a position he resigned on March 27, 2017. Mr. Sternlicht is the Chairman of the Board of Baccarat, S.A. He also serves on the Board of Directors of The Estée Lauder Companies, Inc. (NYSE: EL). From 2012 to 2014, Mr. Sternlicht served as a director of Restoration Hardware Holdings, Inc. (NYSE: RH). Mr. Sternlicht is a former Trustee of Brown University on whose Board he served for 12 years. He is also on the boards of The Robin Hood Foundation, the Real Estate Roundtable, the Dreamland Film & Performing Arts Center and the Executive Advisory Board of Americans for the Arts. Mr. Sternlicht is a member of the U.S. Olympic and Paralympic Foundation Trustee Council, the World Presidents Organization and the Urban Land Institute. Mr. Sternlicht received his B.A., magna cum laude, with honors from Brown University. He later earned a M.B.A. with distinction from Harvard Business School. Mr. Sternlicht’s extensive experience in both the real estate markets and as a senior executive and director of other publicly traded corporations enables him to provide our Board with leadership and financial expertise as well as insight into the current status of the global financial markets.

Thomas J. Barrack Jr.
Co-Chairman of the Board

Thomas J. Barrack, Jr. has served as one of the Company’s Co-Chairmen of the Board since January 2016. From July 2012 to January 2016 Mr. Barrack served as the chairman of CAH’s board of directors. Since January 2017 Mr. Barrack has served as the executive chairman of Colony NorthStar, Inc., a diversified equity real estate investment trust, having previously held the position of founder and executive chairman of Colony Capital, the predecessor to Colony NorthStar. Prior to founding the Colony Capital business in 1991, Mr. Barrack was a principal with the Robert M. Bass Group, the principal investment vehicle of the Fort Worth, Texas investor Robert M. Bass. Prior to joining the Robert M. Bass Group, Mr. Barrack also served in the Reagan administration as Deputy Undersecretary of the Department of the Interior. Additionally, in 2010 French president Nicolas Sarkozy awarded him France's Chevalier de la Légion d'honneur. From January 2014 to May 2016, Mr. Barrack has served on the board of directors of Carrefour S.A., a French multinational retailer and the second largest retailer in the world. Since June 2010, Mr. Barrack has served on the board of directors of First Republic Bank, a full service bank and wealth management firm. From January 2006 to April 2013, Mr. Barrack served on the public board of directors of Accor, S.A., a major global hotel group listed on Euronext Paris. Mr. Barrack has also served on the public board of Challenger Financial Services Group Limited, a diversified financial services organization listed on the Australian Securities Exchange from November 2007 to October 2010. From August 1994 to September 2007, Mr. Barrack served on the board of Continental Airlines, Inc., one of the largest passenger airlines in the United States. Mr. Barrack serves as a Trustee at the University of Southern California. Mr. Barrack received a B.A. in 1969 from the University of Southern California. He attended law school at the University of San Diego and the University of Southern California, where he was an editor of the law review, and received a J.D. in 1972 from the University of San Diego. Mr. Barrack is the recipient of an Honorary Doctorate of Jurisprudence degree from Pepperdine University. Mr. Barrack possesses significant vision and understanding of the Combined Company’s strategies and future direction. Mr. Barrack has a long track record and experience managing and investing in commercial mortgage loans and other commercial real estate and real estate-related investments, including single-family rental, multifamily, performing, sub-performing and non-performing loan portfolios and real estate owned properties, through a variety of credit cycles and market conditions. Mr. Barrack’s extensive investment experience in our target assets are key to our Board’s oversight of our investment strategy and management of its investment portfolio. Mr. Barrack’s prior service as Deputy Undersecretary of the Department of the Interior also provides a unique government perspective to our Board.

Robert T. Best

Robert T. Best serves as an Independent Trustee of the Company. He served on the board of directors of CAH until January 2016. Mr. Best is the founder, chairman, and chief executive officer of Westar Associates, a private real estate development company established in 1980 and headquartered in Costa Mesa, California. As chief executive officer, Mr. Best developed over 70 projects exceeding $2 billion across various commercial and residential product types throughout Southern California. Prior to founding Westar, Mr. Best was a partner with Carver Companies where he was responsible for the acquisition, entitlement, leasing, finance, management, and disposition of shopping center development projects. Mr. Best currently serves on the board of directors of the University of Southern California’s Lusk Center for Real Estate. Previously, he served as secretary and founding board member of A Better LA, a community outreach program that works with inner-city groups to decrease violence and several other nonprofit organizations. He is a member of the Urban Land Institute, and the International Council of Shopping Centers. Mr. Best received a B.S. and an M.B.A. from the Marshall School of Business, University of Southern California. His real estate development experience allows him to provide sound advice on our real estate investment objectives, including acquisitions and management. As founder, chairman, and chief executive officer of Westar Associates, Mr. Best gained extensive insight into the real estate asset management industry that provides constructive perspective to our Board.

Thomas M. Bowers

Thomas M. Bowers serves as a trustee of the Company. Mr. Bowers is a managing director and head of corporate strategy and development at Starwood Capital. He serves on Starwood Capital’s executive and Investment committees and was formerly the lead independent trustee of Starwood Waypoint Residential Trust’s board. Prior to joining Starwood Capital in 2015, Mr. Bowers was co-head of Asset and Wealth Management-Americas at Deutsche Bank, where he was responsible for managing the U.S. and Latin American wealth management businesses, and jointly responsible for the integration of Deutsche Bank’s wealth and institutional asset management businesses in the Americas. Mr. Bowers was a member of Deutsche Bank’s Global Asset and Wealth Management Executive Committee and a board member of Deutsche Bank Securities. Mr. Bowers previously held a number of senior roles at Citigroup Private Bank, including global chief operating officer; head of strategy and corporate development; chief operating officer-Europe, Middle East and Africa; chief operating officer-U.S.; and head of banking and structured lending. Mr. Bowers holds a B.S. degree in business administration from the Boston University School of Management and a J.D. and LL.M. (taxation) from Boston University School of Law. Mr. Bower’s knowledge, skill, expertise and experience as described above provide valuable perspectives to our Board.

Richard D. Bronson

Richard D. Bronson has served as an Independent Trustee of the Company since January 2016. He served as a member of the Starwood Waypoint Residential Trust Board from January 2014 to January 2016. Mr. Bronson has been the chief executive officer of The Bronson Companies, LLC, a real estate development company, based in Beverly Hills, California since 2000. Mr. Bronson has been involved in the development of several shopping centers and office buildings throughout the United States. Mr. Bronson serves as a director of Starwood Property Trust and previously was a director of TRI Pointe Homes, Inc. and Mirage Resorts. He was president of New City Development, an affiliate of Mirage Resorts, where he oversaw many of the company’s new business initiatives and activities outside Nevada. Mr. Bronson is on the board of the Neurosurgery Division at UCLA Medical Center. He is a member of the Western Real Estate Business Editorial Board. Mr. Bronson has also served as vice president of the International Council of Shopping Centers (ICSC), an association representing 50,000 industry professionals in more than 80 countries. Mr. Bronson’s experience and knowledge in the real estate industry provides our Board with valuable insight into potential investments and the current state of the real estate markets.

Justin T. Chang

Justin T. Chang serves as a trustee of the Company. He served as chief executive officer and as a director of CAH from July 2012 to January 2016. Mr. Chang had overall responsibility for setting CAH’s strategic direction and leading its operations on a national basis. Since January 2017, Mr. Chang has served as an executive director of Colony NorthStar, Inc., having previously held the position executive director at Colony Capital, from July 2015 until January 2017. Prior to joining the Colony Capital business in 2010, Mr. Chang was a partner with TPG Capital, L.P. (“TPG”), an international private equity investment firm, from 1993 to 2009. At TPG, Mr. Chang led private equity investments across a broad range of industries and in multiple geographies. He has served on the board of directors of Beringer Wine Estates Holdings Inc., Crystal Decisions, Inc., Lenovo Group Ltd., On Semiconductor Corp., Shenzhen Development Bank, Silverado Premium Properties LLC, and UTAC Holdings. Mr. Chang received his M.B.A. from Harvard Business School and his B.A., cum laude, in Economics and Political Science from Yale University. Mr. Chang’s extensive experience in the investment management industry also provide our Board with critical insights and perspectives on asset management and strategic planning, and his service on other public company boards lends understanding and perspective on public company operations, practices and governance.

Michael D. Fascitelli

Michael D. Fascitelli has served an Independent Trustee of the Company since January 2016. Mr. Fascitelli was a member of the Starwood Waypoint Residential Trust board from January 2014 to January 2016. Mr. Fascitelli has been a managing member of MDF Capital LLC, an investment firm, since April 2013. Mr. Fascitelli has served as a member of the board of trustees of Vornado Realty Trust, an NYSE-listed REIT, since December 1996. He served as Vornado Realty Trust’s president since December 1996 and as its chief executive officer since May 2009 until his resignation from both positions effective April 15, 2013. From December 1992 to December 1996, Mr. Fascitelli was a partner at Goldman, Sachs & Co. in charge of its real estate practice and was a vice president prior thereto. From 2004 until 2013 he also served as a director of Toys “R” Us, Inc. In addition, from August 2005 through June 2008, Mr. Fascitelli was a member of the board of trustees of GMH Communities Trust, a REIT. Mr. Fascitelli holds a B.S. in Industrial Engineering from the University of Rhode Island and a M.B.A. from the Harvard University School of Business Administration. Mr. Fascitelli’s executive experience as president and chief executive officer of Vornado Realty Trust and his extensive knowledge of and experience in the real estate industry provide our Board with valuable experience and insight.

Renee Lewis Glover

Renee Lewis Glover has served an Independent Trustee of the Company since February 2017. Ms. Lewis Glover is the founder and has been the managing member of The Catalyst Group, LLC, a national consulting firm focused on urban revitalization, real estate development and community building, urban policy and business transformation since May 2014. From September 1994 to September 2013, Ms. Lewis Glover served as president and chief executive officer of the Atlanta Housing Authority and its affiliates. She served as a consultant for the Atlanta Housing Authority from September 2013 to November 2013 to facilitate the transition of leadership upon her retirement. Ms. Lewis Glover also served as a commissioner of the Bipartisan Policy Center Housing Commission from October 2011 to September 2014. The Bipartisan Policy Center Housing Commission was responsible for coming up with a set of bipartisan recommendations concerning federal housing policy and housing finance. Ms. Lewis Glover currently serves on the board of directors of Fannie Mae and the board of trustees of Enterprise Community Partners, Inc. Ms. Lewis Glover has served on the board of directors of Habitat for Humanity International from November 2006 to November 2015, including serving as its chairman from 2013 to 2015. She has also served on the board of directors of the Federal Reserve Bank "of Atlanta from January 2009 to December 2014 and is currently serving on" the board of advisors of the University of Pennsylvania's Institute of Urban Research. Ms. Lewis Glover has practiced corporate and corporate finance law at various firms from 1975 to 1994. Ms. Lewis Glover was recommended for membership on the Board by Mr. Terwilliger, an independent trustee and chair of the Nominating and Corporate Governance Committee. Ms. Lewis Glover’s extensive experience as a senior executive and board member for housing focused enterprises, public policy and public-private partnerships provides our Board with unique perspectives and valuable insight.

Jeffrey E. Kelter

Jeffrey E. Kelter has served as an Independent Trustee of the Company since January 2016. Mr. Kelter was a member of the Starwood Waypoint Residential Trust board from January 2014 to January 2016. Mr. Kelter is a partner of KSH Capital. Prior to founding KSH Capital, Mr. Kelter was the founding partner and chief executive officer of KTR Capital Partners (“KTR”), a leading private equity real estate investment and operating company focused on industrial properties throughout North America. KTR and its commingled investment funds were sold in May 2015 to a joint venture of Prologis Inc. and Norges Bank Investment Management. From 1997 to 2004, Mr. Kelter was president and chief executive officer and a trustee of Keystone Property Trust (“Keystone”) (NYSE: KTR), an industrial REIT. Mr. Kelter founded the predecessor to Keystone in 1982, and took the company public in 1997, where he and the management team directed its operations until its sale in 2004. Prior to forming Keystone, he served as president and chief executive officer of Penn Square Properties, Inc. (“Penn Square”) in Philadelphia, Pennsylvania, a real estate company which he founded in 1982. Mr. Kelter serves on the Board of Directors of Gramercy Property Trust (NYSE: GPT), and he is a trustee of The Urban Land Institute, Cold Spring Harbor Laboratory, Westminster School, and Trinity College. Mr. Kelter’s qualifications to serve on our Board include his executive experience as president and chief executive officer of Keystone and Penn Square and his extensive experience of over 20 years in commercial real estate.

Thomas W. Knapp

Thomas W. Knapp has served as an Independent Trustee of the Company since January 2016. Mr. Knapp served on the board of directors of CAH until the closing of the Internalization and the Merger. Mr. Knapp is the academic director for the Masters of Science in Entrepreneurship and Innovation and is an associate professor of Clinical Entrepreneurship and former associate director of the Lloyd Greif Center for Entrepreneurial Studies at the Marshall School of Business, University of Southern California, where he has lectured since 2008. In addition to his role at the University of Southern California, Mr. Knapp is also a national educator as a lead instructor for the National Science Foundation I-Corps program. Mr. Knapp also serves as president of Club Sportswear, Inc., a leader in the beach apparel industry, which he founded in 1984. He has consulted for Billabong International, LTD, an Australia-based company engaged in the wholesaling and retailing of surf, skate, snow and sports apparel, where he previously served as president of GSM Investments for three years. Prior to his time at Billabong and Club Sportswear, Mr. Knapp founded and held senior management roles with other successful companies in the apparel industry such as Honolua Surf Co., where he served as president, and True Textiles, Inc., where he served as chairman. Mr. Knapp was also a partner of Mad Dog Enterprises, LLC, a start-up eyewear and sunglass manufacturer. Mr. Knapp currently serves on the board of trustees of the Institute for Shipboard Education Semester at Sea and the Challenged Athletes Foundation, a charity providing grants to athletes with physical disabilities. Previously, he served on the board of directors of the Orange County Marine Institute and the American Oceans Campaign. Mr. Knapp’s many years of experience as president of Club Sportswear, Inc., along with his wide-ranging corporate experience in other senior leadership, advisory and academic positions, allow him to provide seasoned insight and business acumen to our Board as we position ourselves for future growth and development. Mr. Knapp graduated from the University of Southern California with a B.S. and Masters in Business Administration. Mr. Knapp’s extensive business background also lends our Board perspective on our corporate objectives and governance matters.

Richard B. Saltzman

Richard B. Saltzman has served as a trustee of the Company since January 2016. He served as vice chairman of CAH’s board of directors from July 2012 to January 2016. Since January 2017, Mr. Saltzman has served as the chief executive officer and president of Colony NorthStar, Inc., having previously held the positions of chief executive officer, president and a member of the board of directors of Colony Capital, the predecessor to Colony NorthStar. Prior to joining the Colony Capital business in 2003, Mr. Saltzman spent 24 years in the investment banking business primarily specializing in real estate-related businesses and investments. Most recently, he was a managing director and vice chairman of Merrill Lynch's investment banking division. As a member of the investment banking operating committee, he oversaw the firm's global real estate, hospitality and restaurant businesses. Previously, he also served as chief operating officer of investment banking and had responsibility for Merrill Lynch’s global leveraged finance business. Mr. Saltzman was also responsible for various real estate-related principal investments, including the Zell/Merrill Lynch series of funds which acquired more than $3.0 billion of commercial real estate assets and where he was a member of the investment committee. Mr. Saltzman serves on the board of directors of Kimco Realty Corporation (NYSE: KIM) and NorthStar Realty Europe (NYSE: NRE). Previously, he was also a member of the board of governors of the National Association of Real Estate Investment Trusts (“NAREIT”), on the board of directors of the Real Estate Roundtable and a member of the board of trustees of the Urban Land Institute, treasurer of the Pension Real Estate Association, a director of the Association of Foreign Investors in Real Estate and a chairman of the Real Estate Capital Policy Advisory Committee of the National Realty Committee. Mr. Saltzman received his B.A. from Swarthmore College in 1977 and an M.S. in Industrial Administration from Carnegie Mellon University in 1979. Mr. Saltzman’s expertise in real estate-related businesses, investments and capital markets, developed through years of real estate principal investing and investment banking experience, provide a valuable perspective to our Board in developing, leading and overseeing our investment strategy and management of its portfolio. Mr. Saltzman’s current and past service on the boards of REITs and other real estate-based organizations also provide our Board with valuable perspectives into the real estate industry.

John L. Steffens

John L. Steffens has served as an Independent Trustee of the Company since January 2016. Mr. Steffens served on the board of directors of CAH until the closing of the Internalization and the Merger. Since January 2017 Mr. Steffens has served as a director of Colony NorthStar, Inc., having previously served as a director for Colony Capital from September 2009 until January 2017. Mr. Steffens is the founder of Spring Mountain Capital, L.P. Founded in 2001, Spring Mountain Capital, L.P. specializes in providing advisory services and alternative investments for institutional and private investors. Prior to establishing Spring Mountain Capital, L.P., Mr. Steffens spent 38 years at Merrill Lynch & Co., Inc., where he held numerous senior management positions, including president of Merrill Lynch Consumer Markets (which was later named the Private Client Group) from July 1985 until April 1997, and both vice chairman of Merrill Lynch & Co., Inc. (the parent company) and chairman of its U.S. Private Client Group from April 1997 until July 2001. Mr. Steffens served on the board of directors of Merrill Lynch & Co., Inc. from April 1986 until July 2001. He also served as a member of the board of directors of Merrill Lynch Ventures, LLC (a $1.8 billion private equity fund for key employees). Mr. Steffens currently serves on the advisory board of Star Vest Partners, the advisory board of Wicks Communication & Media Partners, L.P., the board of directors of HealthPoint Capital, a global medical device company, and as chairman of the board of directors of Cicero, Inc., a publicly traded provider of business integration software, since May 2007. Also, Mr. Steffens serves on the Dartmouth Medical School board of overseers, which he was appointed to on October 1, 2011. From June 2004 to February 2009, Mr. Steffens served on the public board of Aozora Bank, Ltd., a financial services institution in Japan. Mr. Steffens has served as chairman of the Securities Industry Association and as a trustee of the Committee for Economic Development and is currently national chairman emeritus of the Alliance for Aging Research. Mr. Steffens graduated from Dartmouth College in 1963 with a B.A. in Economics. He also attended the Advanced Management Program of the Harvard Business School in 1979. Mr. Steffens’s years of investment experience, advisory work and senior leadership positions at Merrill Lynch devoted to private client work provide us with an investor perspective. Mr. Steffens’s extensive contacts developed through his service with a significant number of securities and financial firms provide us with a view into markets that is invaluable. Mr. Steffens’s service as a director of other public companies also help provides us with different perspectives on corporate governance matters and best practices.

J. Ronald Terwilliger

J. Ronald Terwilliger has served as an Independent Trustee of the Company since January 2016. Mr. Terwilliger served on the board of directors of CAH until the closing of the Internalization and the Merger. Mr. Terwilliger currently serves as non-executive chairman of Terwilliger Pappas Multifamily Partners, a firm that focuses on rental apartment development. Mr. Terwilliger currently serves as chairman emeritus of the board of Trammell Crow Residential Company, the largest developer of multi-family housing in the United States, which he joined in 1979 and served as chief executive officer from 1986 to 2008. In addition to his post at Trammell Crow Residential Company, Mr. Terwilliger is both the chairman of the board of trustees of Enterprise Community Partners, a not-for-profit organization geared toward building and preserving affordable rental and for-sale housing, and vice chair of an affiliated company. Mr. Terwilliger’s current leadership roles also include chairman emeritus of the Wharton Real Estate Center, chairman of the board of directors of I Have a Dream Foundation.. Previously, Mr. Terwilliger served as a commissioner on the Bipartisan Policy Center Housing Commission and was the chairman of the international board of directors of Habitat for Humanity; he currently serves as an ex-officio member of the board and chairs Habitat for Humanity’s $4 billion Global Capital Campaign. Mr. Terwilliger has also served as chairman of the Urban Land Institute and remains a trustee, and previously served as chairman of the National Association of Homebuilders multifamily leadership board. Mr. Terwilliger is an honor graduate of the United States Naval Academy and after serving five years in the Navy, he received his MBA degree from the Harvard Graduate School of Business. Mr. Terwilliger’s years of experience with Trammell Crow Residential Company both as chief executive officer and as chairman enhance our Board’s awareness of the residential real estate market and experience with managing a large portfolio of real estate assets. Mr. Terwilliger’s service on the boards of other real estate-based organizations also provide our Board with important perspectives into the real estate industry generally.

Frederick C. Tuomi

Frederick C. Tuomi has been our Chief Executive Officer since January 2016 and has served as a trustee of the Company since March 2017. Mr. Tuomi served as co-president of CAH from March 2015 and chief operating officer from July 2013 until the closing of the Internalization (as defined below) and the Merger. He was responsible for setting CAH’s strategic direction and leading the operations of CAH’s single-family rental operations including construction/renovations, marketing, leasing, property management, asset management, human resources and information technology. Prior to joining CAH, Mr. Tuomi was executive vice president and president—property management for Equity Residential, which he joined in 1994. He led the development of Equity Residential’s property management group through years of rapid growth and expansion to become the largest multi-family real estate investment trust (“REIT”) in the United States, while helping to pioneer its leading operational platform. Prior to Equity Residential, he was president of Residential Asset Management Group, a subsidiary of Post Properties. Throughout his 35-year career, he has served on numerous multi-family industry boards and executive committees, including the National Multi-Housing Council, California Housing Council, California Apartment Association and the USC Lusk Center for Real Estate. Since September 2014, Mr. Tuomi also serves as a director of Tejon Ranch Co. (NYSE: TRC), a diversified real estate development and agribusiness company. Mr. Tuomi serves on the board of directors and as treasurer of the National Rental Housing Council. Mr. Tuomi is a graduate of Georgia State University, with degrees in Business Information Systems and a Masters in Business Administration.