Board of Directors

Francis P. Kavanaugh

Interim President and Chief Executive Officer

• Managing Director of Fort Ashford Funds, LLC
• 30+ years of diverse experience in real estate investment, business restructuring, and operational leadership
• Founder of Inc 500 companies, including Force Protection Inc., which he grew from less than $1 Million to over $1 Billion company in just six years.
• Bachelor of Science in Information and Computer Science from University of California, Irvine
• MBA from Pepperdine University

Timothy O’Brien

Chairman of the Board

• Co-Chief Executive Officer of Meridian Senior Living, LLC
• Member of the Investment Committee of Book Hill Credit Opportunity Fund II, LLC and Book Hill Credit Opportunity Fund III, LLC
• Chartered Financial Analyst, received his M.B.A. from UNC-Chapel Hill in 1997, has an M.S.B.A. the University of Maryland in 2010 and received his B.A. in Economics and Business from Randolph-Macon College in 1990, where he has served as a Trustee since 2012.

Neil Farmer

Independent Director

• 30 + years of experience in real estate development
• Founded Farmer Properties, Inc., a real estate development located in Richmond, VA

Charles Pearson

Independent Director

• 30 + years of accounting, tax and consulting services
• Mr. Pearson began his career with Deloitte and Touche in 1978 rising to Senior Manager before leaving the firm to open his own practice in 1989
• Mr. Pearson is a member of the American Institute of Certified Public Accountants (AICPA) and the Virginia Society of Certified Public Accountants

Emanuel Neuman

Independent Director

• Co-Founder of Spandrel Development Partners
• 20 years of investment banking, investment management and real estate development experience
• Advised and invested in transactions valued at more than $2.5 billion
• Former Co-Portfolio Manager at Unterberg Capital LLC
• Former Vice President in the investment banking division of Collins Stewart, LLC
• Bachelor of Science Degree in Accounting from Babson College

David Lunin

Independent Director

• Over 20 years of financial experience advising on corporate financial matters and merger transactions
• Currently serves as EVP, CFO Designate at Calumet Specialty Product Partners, LP
• Former Managing Director at Goldman Sachs
• Graduate of George Washington University with a bachelor’s degree in business administration.  Mr. Lunin also holds an MA in Applied Economics from the Johns Hopkins University and an MBA from Columbia Business School