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Steve Sherwood is Chairman of CWS Capital Partners LLC, an investment management company headquartered in Newport Beach, California. Steve has been affiliated with CWS since 1977 when he joined its predecessor company Clayton, Williams and Sherwood, Inc. Since 1990, CWS has focused on acquiring and developing apartment communities in eight major metropolitan areas in Texas, North Carolina, Colorado and California. CWS has approximately 8,000 units under ownership and development. The portfolio is comprised almost entirely of luxury properties. In March 1998 Steve engineered the merger of CWS' manufactured housing business with an affiliate of Security Capital Group to form a private real estate investment trust called CWS Communities Trust. Steve served as President of CWS Communities Trust from March 1998 through December 2000. CWS Communities Trust was sold to Chateau Communities, a publicly traded New York Stock Exchange real estate investment trust, on August 2, 2001 in a transaction valued in excess of $500 million. In recognition of Steve's in-depth understanding of the manufactured housing industry, he was named to the Chateau Board of Directors. Steve is now focused on guiding CWS Capital Partners strategically and expanding its capital relationships as well as a number of philanthropic efforts outside of the company. Steve received a Bachelor of Science in mechanical engineering and a Masters of Science in industrial engineering from Texas Tech University. He is an active member of the World President's Organization and a licensed California real estate broker. | 