|
Douglas Crocker II became a trustee in November 2003. Mr. Crocker was most recently the Chief Executive Officer of Equity Residential a multi-family residential REIT. During Mr. Crocker’s tenure Equity Residential grew from 21 000 apartments with a total market cap of $700 million to a $17 billion company with over 225 000 apartments. Mr. Crocker was also a former Managing Director of Prudential Securities and from 1982 to 1992 served as Chief Executive Officer of McKinley Finance Group a privately held company involved with real estate banking and corporate finance. From 1979 to 1982 Mr. Crocker was President of American Invesco the nation’s largest condominium conversion company and from 1969 to 1979 served as Vice President of Arlen Realty and Development Company. He currently sits on the boards of real estate companies Ventas Wellsford Real Properties and Prime Group Realty Trust and also serves on the board of National Water and Power Inc. Mr. Crocker has been a five-time recipient of Commercial Property News’ Multifamily Executive of the Year Award a three-time winner of their REIT Executive of the Year Award and three-time winner of Realty Stock Review’s Outstanding CEO Award. He has over forty years of real estate experience. | 