MANAGEMENT BIOGRAPHY

Richard J. O'Brien is the founder and Chief Executive Officer of Athena Real Estate. He has spent time, both while with GE Capital Real Estate and then FelCor Lodging Trust, working on commercial real estate with an embedded operating component (i.e., specialty collateral types including hotels, manufactured housing, self storage, marinas, etc.).

From June 2001 through April 2004, Rick was Chief Financial Officer and Executive Vice President of FelCor Lodging Trust, which at that time, was the 2nd largest public hotel REIT. FelCor had more than $4 billion invested in approximately 160 hotels in 35 states and Canada.

Prior to FelCor, Rick was with GE Capital Corporation (GECC) and its commercial real estate division (GE Capital Real Estate) as a Managing Director of Business Development. He was with GECC for eight years from 1992 to 2001. While with GECC, he served in a variety of leadership roles focused on the growth and operational excellence of the business. Transaction experience is significant and broad in scope in commercial real estate including acquisitions, dispositions, joint ventures, technology related ventures, and numerous capital market transactions.

While with GE Capital Real Estate, he placed emphasis on growing the business through specialty areas including manufactured housing communities, net lease transactions, marinas, vacation ownership lending, technology investments, and hotels.

Rick also held management positions with J.P. Morgan and KPMG. He started his career as a CPA in 1984.