Officers & Trustees

Officers & Trustees

Executive Officers

Frederick C. Tuomi
Chief Executive Officer

Frederick C. Tuomi serves as the Chief Executive Officer of the Company. Mr. Tuomi served as CAH’s Co-President from March 2015 to January 2016 and COO from July 2013 to January 2016. He was responsible for setting CAH’s strategic direction and leading the operations of CAH’s SFR 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 Residential which he joined in 1994. He led the development of Equity Residential’s property management group years of rapid growth and expansion to become the largest multi-family 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
Chief Operating Officer

Charles D. Young serves as the Chief Operating Officer of the Company. Mr. Young was SWAY’s COO from March 2015 to January 2016. He also was the Senior Vice President – West Division of the SWAY Manager. He has also served as regional vice president, Eastern Region of 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
Chief Financial Officer

Arik Prawer serves as the Chief Financial Officer of the Company. Mr. Prawer was at CAH since its inception in March 2012 and served as CAH’s Co-President from March 2015 to January 2016 and CFO from December 2012 to January 2016. Mr. Prawer was responsible for all of CAH’s financial, capital raising and treasury functions. Prior to being appointed CFO 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.

Lucas Haldeman
Chief Technology and Marketing Officer

Lucas Haldeman serves as the Chief Technology & Marketing Officer of the Company. Mr. Haldeman served as CAH’s chief technology & marketing officer from October 2013 to January 2016. Mr. Haldeman was responsible for CAH’s front-end and back-end information technology (“IT”) systems as well as for CAH’s marketing efforts. Prior to being appointed CAH’s chief technology and marketing officer, Mr. Haldeman served as the chief information and marketing officer for Beazer Pre-Owned Rental Homes where he also led the firm’s IT systems and marketing efforts. Prior to 2012, Mr. Haldeman was the founder and managing partner of Nexus Property Management, a boutique fee management firm. Previously, Mr. Haldeman was a vice president at Move, Inc. (formerly Homestore.com) where he worked in Software Development, Product Management, User Experience, Sales and Marketing. Mr. Haldeman received a Bachelors degree in Economics and English from Cornell College.

Trustees

Barry S. Sternlicht
Co-Chairman

Barry S. Sternlicht serves as one of the Company’s two Co-Chairmen of the Board. Mr. Sternlicht has been the president and chief executive officer of Starwood Capital Group, an affiliate of us, since its formation in 1991. Over the past 19 years, Mr. Sternlicht has structured more than 300 investment transactions with an asset value of more than $40 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 was also the Chairman of Starwood Hotels & Resorts, a wholly-owned subsidiary of Starwood Hotels, from January 1995 to May 2005 and the chief executive officer of this subsidiary from January 1995 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. Mr. Sternlicht is chairman of the board of TRI Pointe Homes, Inc., Société du Louvre and Baccarat. He also serves on the board of directors of Restoration Hardware, National Golf, The Estée Lauder Companies, the National Advisory Board of JPMorgan Chase and the Advisory Board of Eurohypo Bank. Mr. Sternlicht is a trustee of Brown University. He serves on the boards of the Juvenile Diabetes Research Foundation's National Leadership Advocacy Program, Kids in Crisis, The Harvard Club, the Business Committee for the Arts and the Center for Christian-Jewish Understanding. He is a member of the Committee to Encourage Corporate Philanthropy, the Presidential Tourism & Travel Advisory Board, the Young Presidents Organization, the World Travel & Tourism Council 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 the real estate markets and as a senior executive and director of other publicly traded corporations provides our board of trustees with leadership and financial expertise as well as insight into the current status of the global financial markets.

Thomas J. Barrack Jr.
Co-Chairman

Thomas J. Barrack, Jr. serves as one of the Company’s Co-Chairmen of the Board. Mr. Barrack served as the Chairman of CAH’s Board of Directors from July 2012 to January 2016. Mr. Barrack is the Founder and Executive Chairman of Colony Capital. 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. Since January 2014, 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 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, including as a member of its Corporate Governance Committee, Executive Committee and HR Committee. 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 and a Trustee at the University of Southern California. Mr. Barrack possesses significant vision and understanding of the Combined Company’s strategies and future direction.

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 CEO of Westar Associates, a private real estate development company established in 1980 and headquartered in Costa Mesa, California. As CEO, Mr. Best developed over 50 projects exceeding $1 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, Catholic Center, and Athletics Commission. He is also Secretary and founding Board Member of A Better LA, a community outreach program that works with inner-city groups to decrease violence. Previously, he served on the Board of Directors of Coast Newport Properties and several non-profit organizations, including Harbor Day School, and Newport Sports Museum. Mr. Best is also 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.

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 Group. He serves on Starwood Capital Group’s Executive and Investment Committees and was formerly Lead Independent Trustee of SWAY. Prior to joining Starwood Capital Group 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; COO-Europe, Middle East and Africa; COO-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.

Richard D. Bronson

Richard D. Bronson serves as an independent trustee of the Company. Mr. Bronson was a member of the SWAY Board from January 2014 to January 2016. Since 2000, Mr. Bronson has been the CEO of The Bronson Companies, LLC, a real estate development company, based in Beverly Hills, California. 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.

Justin T. Chang

Justin T. Chang serves as a trustee of the Company. He served as CEO 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. Mr. Chang is an Executive Director at Colony Capital. 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.

Michael D. Fascitelli

Michael D. Fascitelli serves an independent trustee of the Company. Mr. Fascitelli was a member of the SWAY 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 CEO 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.

Jeffrey E. Kelter

Jeffrey E. Kelter serves as an independent trustee of the Company. Mr. Kelter was a member of the SWAY Board from January 2014 to January 2016. Mr. Kelter has been a senior partner of KTR Capital Partners, a private equity firm investing in real estate, since 2004. From 1997 to 2004, Mr. Kelter was president and CEO and a trustee of Keystone Property Trust (“Keystone”), an industrial REIT. Keystone merged during the third quarter of 2004 with and into a joint venture between ProLogis and affiliates of investment companies managed by Eaton Vance Management. Mr. Kelter had been president and a trustee of Keystone from its formation in December 1997 and was appointed CEO in December 1998. He has over 20 years of experience in all phases of commercial real estate including development and third-party management. Prior to forming Keystone, he served as president and CEO of Penn Square Properties, Inc. (“Penn Square”) in Philadelphia, Pennsylvania, a real estate company which he founded in 1982. At Penn Square, he developed, owned, managed and leased more than 4.5 million square feet of office and warehouse projects throughout the Pennsylvania and New Jersey markets. Mr. Kelter also serves on the board of directors of Gramercy Property Trust Inc. Mr. Kelter received a B.A. from Trinity College.

Thomas W. Knapp

Thomas W. Knapp serves as an independent trustee of the Company. He served on the Board of Directors of CAH. Mr. Knapp is the Academic Director for the Masters of Science in Entrepreneurship and Innovation and is an Assistant 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. 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 graduated from the University of Southern California with a B.S. and Masters in Business Administration.

Richard B. Saltzman

Richard B. Saltzman serves as a trustee of the Company. He served as Vice Chairman of CAH’s Board of Directors from July 2012 to January 2016. Since June 2009, Mr. Saltzman has served as CEO, President and as a Director of Colony Capital. 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 COO of Investment Banking, had responsibility for Merrill Lynch’s Global Leveraged Finance business, and 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 Mr. Saltzman was a member of the investment committee. Since July 2003, Mr. Saltzman has served on the Board of Directors of Kimco Realty Corporation (“Kimco”), a publicly traded real estate investment trust, and as a member of Kimco’s Compensation Committee. Previously, he was also a member of the Board of Governors of NAREIT, 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, a Vice Chairman of the National Realty Committee and a past Chairman of the NRC Real Estate Capital Policy Advisory 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.

John L. Steffens

John L. Steffens serves as an independent trustee of the Company. Mr. Steffens served on the Board of Directors of CAH. In addition, he has served as a Director of Colony Capital since its initial public offering in September 2009 and currently serves as Chairman of its Nominating and Corporate Governance Committee. 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 I, 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, 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.

J. Ronald Terwilliger

J. Ronald Terwilliger serves as an independent trustee of the Company. He served on the Board of Directors of CAH. 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 CEO 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, Commissioner on the Bipartisan Policy Center Housing Commission and Co-Chairman of the Bipartisan Policy Center Economic Policy Advisory Council. Previously, Mr. Terwilliger was the Chairman of the International Board of Directors of Habitat for Humanity; he currently serves as an exofficio 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. After serving five years in the Navy, he received his M.B.A. with High Distinction from the Harvard Graduate School of Business where he was elected a Baker Scholar.