R. Kent Grahl
President
Resmark Land and Housing
kgrahl@resmark.com
(858) 676-0608 EXT 100

Mr. Grahl has been with Resmark since 1999, and possesses more than 25 years of experience investing and managing institutional capital for residential and multifamily development. He has originated, managed, and directed over $2 billion in debt and equity residential financing nationwide; under his direction, the Company continues to consistently deliver good risk adjusted returns for its institutional investors.

Before joining Resmark, he served as lead consultant to Bankers Trust for its CalPERS-related residential investment program and spent over five years with Prudential Home Building Investors, where he was responsible for all investment originations and operations nationwide. Mr. Grahl began his career originating and underwriting residential investments at Home Capital Corporation, a real estate subsidiary of Home Federal Savings & Loan. He received a bachelor’s degree in Finance/Economics from San Diego State University and holds a Masters of Business Administration from National University.

M. Leigh Austin
Senior Vice President, Investments

Resmark Land and Housing
laustin@resmark.com
(310) 474-8400 EXT 224

Ms. Austin joined Resmark in 2011 as part of a strategic alliance with Saybrook Community Capital, where she was Co-Founder and Principal. At SCC, Ms. Austin was primarily responsible for the investment activities, asset management and administration of the company. Before starting SCC in 1999, Ms. Austin was Director of Development for KB Home and previously held various real estate finance and work-out positions with banks, including Citibank, N.A., and real estate investment companies. Ms. Austin is a graduate of Florida State University and the Anderson School of Management at UCLA (M.B.A. honors).

Connie Emmitt-Stern

Senior Vice President Investments

Resmark Land and Housing
cstern@resmark.com

(858) 676-0608 EXT 105

Ms. Emmitt-Stern has been with Resmark since 2003 and possesses over 25 years of residential real estate investment experience with major financial institutions. At Resmark, she focuses on originating and underwriting residential investments throughout the West Coast. Formerly, she was the Managing Director of the Deutsche Bank Real Estate Group in Los Angeles, where for five years she was responsible for overseeing the origination and management of the homebuilding investment program with CalPERS. Prior to that, Emmitt-Stern served as Vice President with Prudential Home Building Investors, supervising the origination and management of residential investments in the Southeastern and Mid-Atlantic United States. Earlier in her career, she managed residential investments throughout California and Nevada for Home Capital Corporation, a real estate subsidiary of HomeFed Bank. Ms. Emmitt-Stern received a B.S. in Business Education and a Master of Education with an emphasis in Business from Bowling Green State University.

Daniel C. Hayes
Senior Vice President, Investments

Resmark Land and Housing
dhayes@resmark.com
(310) 474-8400 EXT 225

Mr. Hayes joined Resmark in 2011 as part of a strategic alliance with Saybrook Community Capital, where he was Co-Founder and Principal. At SCC, Mr. Hayes was primarily responsible for investment activities, asset management and financial administration. Prior to starting SCC in 1999, Mr. Hayes was Assistant Treasurer at KB Home. Before joining KB Home in 1995, Mr. Hayes held various positions in strategic planning, restructuring, corporate and project finance and M&A with New Urban West Communities and Kenneth Leventhal & Company. Mr. Hayes is a graduate of the University of California, Berkeley and the Anderson School of Management at UCLA (M.B.A. honors).

Susan Wilson

Senior Vice President, Investment Underwriting

Resmark Land and Housing
swilson@resmark.com
(858) 676-0608 EXT 101

Ms. Wilson has been with Resmark since 2005, and performs all the investment underwriting functions for the company. Recently, she led the asset work and oversaw construction completion of The Avenue, Resmark's 180-unit apartment project in Hollywood, California. With over 30 years of experience in the real estate industry, her expertise spans the acquisition, entitlement, development, financing, leasing, management, and disposition of projects in the retail, office, industrial, multifamily, land and hospitality markets. Before joining Resmark, she was Senior Vice President of Development for Price Legacy Corporation, a publicly traded REIT. Prior to Price Legacy, she spent 15 years as a private developer and asset manager in the San Diego, California area. Ms. Wilson holds a California real estate broker license, and received a Bachelor of Science degree with an emphasis in Finance from San Diego State University.