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Mr. Koenigsberger has served as a director since June 2005. Mr. Koenigsberger is a partner of Apollo Real Estate Advisors L.P. (AREA) the general partner of the Apollo Real Estate Funds and is responsible for new investments and investment management and has been with AREA since 1995. At AREA Mr. Koenigsberger has overseen equity investments including investments in distressed debt limited partnership tenders convertible preferred instruments operating companies and direct equity investments. Mr. Koenigsberger is also responsible for all of Apollo’s direct ownership in hotels in the U.S. and led the hospitality business for Apollo. Mr. Koenigsberger was instrumental in the creation and initially headed the Apollo-GMAC Mezzanine Fund. Prior to becoming a partner of AREA Mr. Koenigsberger had been associated with Apollo Management the general partner of the Apollo Corporate Funds since 1990. Mr. Koenigsberger was also a member of the Corporate Finance Department of Drexel Burnham Lambert Incorporated where he was involved in a variety of financings and M&A assignments. Mr. Koenigsberger is a current or past director of Capital Lodging Meadowbrook Golf Schuler Homes/Western Pacific Housing CB Richard Ellis and Washington Corp. a diversified Washington based real estate company. Mr. Koenigsberger is a graduate of the University of Pennsylvania’s Wharton School of Business. | 