Stephen P.

Peca, CPA, MRICS

U.S. Mobile: +1 908 507 3818 U.K. Mobile: +44 (0)7793 295 889 sppeca@yahoo.com Linked-In: www.linkedin.com/in/sppeca

GLOBAL REAL ESTATE AND INFRASTRUCTURE FINANCE EXPERTISE International leader working with private and listed companies, as well as, institutional investors, family offices and governments. Offer expertise ranging from banking and finance, private equity, project management, risk management, principal investment and executive education. Establish or restructure companies, projects, investment portfolios and operations to improve company and portfolio performance resulting in increased market share and improved investment values. Globally acknowledged as a commercial real estate and project finance subject matter expert having analyzed, structured and restructured transactions in the North American, EMEA and Asian markets investing well in excess of USD10 billion of capital resulting in superior returns while managing risk. Core competencies include: Restructuring, Repositioning and Workouts Acquisitions and Dispositions General Management/Start-up Management Accomplished Spokesperson EXPERIENCE Moodys Analytics, Inc. New York, New York The credit analytics, credit training and economic insight arm of Moodys Corporation serving over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions. Director 2008 to 2011 Provided consulting and training services primarily to international clients in the areas of commercial real estate, project finance and corporate finance. Led commercial real estate and project/infrastructure finance global practices and was subject matter expert for the company. Selected Key Accomplishments: Led the drafting of commercial real estate and infrastructure credit scorecards affecting multiple billions of dollar portfolios for several major domestic and international banks. Refined scope parameters and monitored data integrity as committee member for Moodys/REAL CPPI. Consulted with and trained numerous international commercial banks and national governments covering topics such as credit underwriting, asset management, restructuring and workouts and risk management strategies. Established commercial real estate curricula for global public seminars and created customized client training programs in a variety of subjects including diagnostic assessments as part of USD15 million turnover division. Concourse Realty Group, LLC New York, New York An entrepreneurial, boutique advisory and investment firm providing real estate and project/infrastructure expertise to owners, investors and lenders in the US and internationally. Managing Director & Managing Member 2002 to Present Provide transaction, asset and portfolio strategy and management business solutions, along with private equity investment services, primarily to family offices and governments. Portfolio and Asset Management Underwriting and Due Diligence Visionary Leadership Strategic Business Planning

Stephen P. Peca Concourse Realty Group, LLC New York, New York (cont.)

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Selected Key Accomplishments: Advised on the structuring of a USD20 million equity fund for commercial properties in CEE. Provided development advisory services for a USD65 million resort hotel and condominium project. Provided expert witness services for USD1 billion hotel project. Designed and implemented turnkey U.S. lending group for an international bank whose portfolio grew to an approximately USD4 billion. Provided financial and capital structuring advice for a USD180 million mixed-use project in Saudi Arabia. Other Experience: New York University New York, New York Founded in 1831, a major internationally-recognized university that includes thirteen schools, colleges, and divisions at five major locations. Adjunct Assistant Professor 2002 to Present Teach courses and seminars, and assist with the development and refinement of various course and seminar programs. Lead or participate in several student-oriented programs. Selected Key Accomplishments: Established and coordinated first graduate for-credit professional internship program. Organized first European Alumni Graduate Program Reunion in London. Created over ten courses and seminars, training hundreds of professionals. Also was employed by: Fleet Securities, Inc. (formerly Summit Bank, merged into Bank of America) Cranford, New Jersey Subsidiary of Fleet Bank, Inc. providing various capital market services to parent company with USD32 billion in assets. Vice President and Director Loan Sales and Trading 1999 to 2001 Selected Key Accomplishments: Managed bank portfolio by scaling exposures through loan review to allow increased lending activity while reducing overall portfolio risk. Revised loan sales legal documentation substantially reducing bank portfolio risk. Trained, mentored and coordinated with relationship management and 4o person credit staff. The Fuji Bank, Limited (merged into Mizuho Bank) Chicago, Illinois A full service USD550 billion commercial bank with worldwide operations. Vice President and Assistant Manager, Global Corporate Assistant Vice President and Assistant Manager, Project Finance Assistant Vice President and Second Assistant Manager, Real Estate Real Estate Officer 1992 to 1999 1991 to 1992 1989 to 1991 1988 to 1989

Selected Key Accomplishments: Executed secured and unsecured corporate, structured, asset-based and leveraged finance, lease finance, M&A finance, DIP finance, real estate, project finance, derivatives, foreign exchange, multicurrency facilities, senior living and health care. Originated and managed commitment and loan portfolio averaging over USD970 million comprised of 34 clients generating annual income of over USD2.1 million. Portfolio consisted of key large corporate, as well as, middle market and high-yield clients; workout and restructuring credits. U.S. Mobile: +1 908 507 3818 U.K. Mobile: +44 (0)7793 295 889 sppeca@yahoo.com

Stephen P. Peca Also was employed by (cont.): Robinson & Associates Palatine, Illinois A boutique personnel recruiting firm specializing in accounting and finance positions. Selected Key Accomplishments: Established and built successful multi-disciplinary real estate division.

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1988

The Tucker Companies, Inc. (acquired by Bradley REIT) Northbrook, Illinois 1985 to 1987 USD500 million regional developer, manager and operator of several real estate property types. Selected Key Accomplishments: Sold over USD100 million in properties, including negotiating sale of USD80 million regional shopping center. Created finance marketing program and maintained bank and investor relations improved access to capital markets. Implemented finance and accounting computer system and software. Wrote personnel policies and coordinated legal, human resource and tax functions. Urban Investment & Development Co. (acquired by JMB Realty) Chicago, Illinois 1979 to 1985 Large national developer, manager and operator of various large trophy and industry groundbreaking commercial real estate projects (subsidiary of Aetna Life & casualty). Selected Key Accomplishments: Started in treasury, then transitioned to accounting/finance area, and then to development management. Managed development of high-rise USD 100 million office building and USD 300 million mixed-use projects. Coordinated development and investment in all property types including mixed-use, retail, office, hotel, industrial, multi-family residential and land development totaling over USD3 billion.

EDUCATION Certificate in Advanced Management, University of Chicago MBA, Financial Management, Loyola University Chicago, (completed 75% of work) BBA, Public Accounting, Loyola University Chicago (attended one-year of law school as part of program)

CERTIFICATIONS, LICENSES, MEMBERSHIPS Chartered Management Consultancy Surveyor; Royal Institution of Chartered Surveyors; Certified Public Accountant, State of Illinois; Technical Real Estate Instructor, State of New York; Real Estate Sales Licenses, State of New Jersey and State of Illinois (dormant); American Institute of Certified Public Accountants, Member; Financial Executives Networking Group, Member; Chairman, NYC Real Estate Special Interest Group; CoreNet Global, Member.

Also quoted in and have written several publications, books and articles. Participated in several speaking engagements. Received awards.

U.S. Mobile: +1 908 507 3818

U.K. Mobile: +44 (0)7793 295 889

sppeca@yahoo.com