Ned Spieker is the owner of Spieker Senior Development Partners as well as the Managing Partner of Spieker Realty Investments. Until the company’s sale in July 2001, Mr. Spieker was Chairman of the Board of Spieker Properties, Inc., a publicly-traded (NYSE) real estate investment trust (REIT) with assets in excess of $7.2 billion. Under his leadership, Spieker Properties became one of the largest REITs in the nation and the largest in the West, owning and operating over 42 million square feet of office and industrial space in California and the Pacific Northwest.

Prior to the formation of Spieker Properties in 1993, Mr. Spieker was the Managing Partner of Spieker Partners, a private real estate investment and development firm based in Menlo Park, California. From 1970 to 1987, he served as a Managing Partner and Board Member of Trammel Crow Company.

Mr. Spieker received a bachelor of science degree in business administration from the University of California, Berkeley. He has since served as a trustee of the University of California Berkeley Foundation and on the Advisory Board of the Haas School of Business.

Rick Aschenbrenner is an owner of CCRC projects and has been in the CCRC business for more than 20 years. He negotiates land purchases and entitles and develops CCRC communities. Before joining the company, Mr. Aschenbrenner spent more than 20 years developing and operating a diverse portfolio of Southern California properties as an executive officer with companies including CalMat Properties, The Newhall Land and Farming Company, Kaufman and Broad, and M.J. Brock & Sons.

Mr. Aschenbrenner received a master’s degree in business administration from Harvard Business School and a bachelor of arts degree with distinction in economics from the University of California, Berkeley.

Justin Wilson is an owner of CCRC projects and has been in the CCRC business for more than 20 years. He is involved in land purchases and manages design and development. Mr. Wilson’s experience prior to joining the team includes the development and financing of residential, commercial, and office properties as General Partner of Urban Properties and as President and Owner of Urban Group, Inc. He began his career at Union Bank with responsibilities that grew to membership on its real estate loan committee and oversight of the bank’s largest real estate loan center.