Rick Chess has raised and invested hundreds of millions of dollars of equity capital, primarily at the

intersection of real estate and government (e.g., REITs, 1031 TICs, tax exempt bonds)LAWYER. Rick has practiced for 30 years in real estate, corporate and government law.

ACCOMPLISHMENTS

• Acquired $2 billion of real estate - ten retail centers and 50,000 apartments (UDR)

• Raised $270 million of private equity (ManEquity, Triple Net, Dutch Overseas)

• Helped form a REIT and serve as a trustee and Chair of Investment Committee (FPO)

• Youngest State Legislator ever elected from Pittsburgh

EMPLOYMENT HISTORY :

President, James River Research, 2005 - current

Director – 1031 Transactions, American Realty CapitalMarkets, 2006 - Current

Of Counsel, Hoctor Kaplan, 2004 – current, FutureLaw, LLC 2002 – 2004, Hirschler

Fleischer, 2001 – 2002

Director – 1031 Transactions, Triple Net Properties, 2002 – 2004

Real Estate Manager, Winstar Wireless, 2000 – 2001

Associate, Advantis GVA, 1997 – 2001, CB/Richard Ellis 2002 - 2006

Director of Acquisitions, United Dominion Realty Trust, 1987 – 1997

Senior Analyst, ManEquity (Manufacturers Life Insurance), 1984 – 1987

Self Employed (Real Estate, Securities, Insurance), 1982 – 1984

Economic Development Director, Richmond Chamber of Commerce, 1981 – 1982

State Legislator, Pennsylvania General Assembly, 1979 – 1981

Assistant County Solicitor, Allegheny County Law Department, 1976 – 1979

Staff Director, Local Government Attorneys of Virginia, 1975 – 1976

EDUCATION: J.D., University of Richmond Law School, 1976

B.S., Psychology/Economics, University of Pittsburgh, 1973

OTHER EXPERIENCE :

1st Vice President, Richmond Area Business Economists

President, National Speakers Association – Virginia

Producer, “Consumer Corner”, WXEX-TV (ABC)

Sergeant, United States Marine Corps Reserve

Publishing, Political,