Company Information

Senior management has extensive experience and success in leading publicly traded REITs and the board is comprised of industry leading directors, providing additional support and direction for the company and its shareholders.

CHIEF EXECUTIVE OFFICER

Stuart A. Tanz

Stuart A. Tanz has served as our President and Chief Executive Officer and one of our directors since 2009. Mr. Tanz was the Chief Executive Officer of United Income Properties, Inc. from 2006 to 2009 and its Chief Operating Officer and President from 1988 to 1992. United Income Properties, Inc. was a privately owned retail real estate development company in Southern California which developed, owned and operated various shopping centers in Southern California and now owns, manages and operates approximately 2,250 self-storage units and a retail property. From 1997 to 2006, Mr. Tanz was the Chairman, Chief Executive Officer and President of Pan Pacific Retail Properties, Inc., during which period its total market capitalization increased by 795% from $447 million to over $4 billion. Mr. Tanz oversaw and administered all aspects of Pan Pacific Retail Properties, Inc.'s business, management, finance and personnel and led its $146 million initial public offering on the NYSE and ultimately in the sale of the company for $4.1 billion to Kimco Realty Corp. (NYSE: KIM) in November 2006. From 1992 to December 1996, Mr. Tanz was a director of Revenue Properties Company Limited and was the Co-Chief Executive Officer from May 1996 to August 1997. Revenue Properties Company Limited was a publicly traded company on the Toronto Stock Exchange that was the parent company of Pan Pacific Development Corp., where Mr. Tanz was the President and Chief Operating Officer from 1992 to 1997. From 1982 to 1988, Mr. Tanz was the Director of Acquisitions of Southern California at Bramalea Limited, based in Toronto, Canada, and Bramalea California Inc. Mr. Tanz is a member of the Advisory Council for the University of Southern California Lusk Center for Real Estate. Mr. Tanz is a member of International Council of Shopping Centers and Young Presidents Organization. In 1998, National Real Estate Investors named Mr. Tanz as one of the country's top real estate executives under the age of 40 and in 2001 Mr. Tanz was awarded San Diego's Ernst & Young Real Estate Entrepreneur of the Year in real estate. Mr. Tanz received a B.S. in Business Administration from the University of Southern California, Marshall School of Business.

CHIEF FINANCIAL OFFICER

Michael B. Haines

Michael B. Haines joined the company in November 2012.  Mr. Haines most recently served as Chief Accounting Officer at Pacific Office Properties Trust, Inc., a publicly-traded real estate investment trust that owns and operates institutional quality office properties in Hawaii and Southern California.  From September 2009 until joining Pacific Office Properties Trust, Inc. in October 2010, Mr. Haines was Chief Accounting Officer at American Realty Advisors, an SEC-registered investment advisor and provider of real estate investment management services to institutional investors.  From January 2007 to September 2008, he was Chief Financial Officer at Hopkins Real Estate Group, a firm that specializes in retail shopping center development and re-development. Prior to January 2007, for approximately 12 years, he held various financial and accounting positions, including Vice President, Finance, at Pan Pacific Retail Properties, Inc., a real estate investment trust that specialized in the acquisition, ownership and management of community and neighborhood shopping centers for everyday essentials.  Prior to joining Pan Pacific Retail Properties, Inc., Mr. Haines was Director of Internal Audit for The Hahn Company, a developer and owner of regional shopping malls throughout the United States.  Mr. Haines received a Bachelors in Business Administration from San Diego State University. Mr. Haines is a California licensed Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants.

CHIEF OPERATING OFFICER

Richard K. Schoebel

Richard K. Schoebel has served as our Chief Operating Officer since 2009. Mr. Schoebel most recently served as the Vice President, Property Management for the West Region of Centro Properties Group (US), a retail property specialist with a focus on the ownership, management and redevelopment of community and neighborhood shopping centers, malls and lifestyle centers in the United States. In this role, he was responsible for 8.9 million square feet of community and neighborhood shopping centers. From 2007 to 2009, Mr. Schoebel was a Principal and Managing Member of Pacific Spectrum Properties, LLC, a brokerage firm providing leasing, management and consulting services to shopping center owners. Prior to that, for 12 years he held numerous positions at Pan Pacific Retail Properties, Inc., ultimately serving as Vice President Operations, where he directed the leasing and property management for a portfolio of 38 shopping centers, encompassing 5 million leasable square feet. Mr. Schoebel has over 18 years of real estate industry experience, specializing in shopping centers. Mr. Schoebel has operated retail properties in ten states, including California, Washington, Oregon, Nevada, Arizona and Connecticut. Mr. Schoebel received a B.S. in Management and a minor in Applied Computer Science from Keene State College in New Hampshire.

CHIEF ACCOUNTING OFFICER

Laurie A. Sneve

Laurie A. Sneve joined the Company in November 2012.  Prior to this Ms. Sneve served as Chief Financial Officer of Coreland Companies, Inc., a full-service commercial real estate firm, starting in 2007.  In her position at Coreland Companies Ms. Sneve was responsible for all financial operations of the company including oversight of the accounting department, human resources and information technology.  Prior to Coreland Companies, Ms. Sneve worked for Pan Pacific Retail Properties, Inc. (NYSE: PNP) as Vice President and Controller for over eleven years.  In her tenure with Pan Pacific she was responsible for overseeing SEC financial reporting, Sarbanes-Oxley compliance, including oversight of all Company internal controls, property accounting, audit, tax and information technology.  She was instrumental in the Company’s 1997 Initial Public Offering, subsequent issuances of equity and corporate senior notes and the acquisitions of Western Properties Trust in 2000 and Center Trust Inc. in 2003.  Prior to joining Pan Pacific, Ms. Sneve worked at The Hahn Company, an owner and operator of regional shopping centers, where she was Controller, Director of Accounting and Internal Audit Manager.  Ms. Sneve became licensed as a Certified Public Accountant during her tenure with Arthur Andersen & Company. She received her Bachelor of Science in Accounting from The Pennsylvania State University.  Ms. Sneve belongs to the American Institute of Certified Public Accountants and the California State Society of Certified Public Accountants.