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The principal employees of OSM Investment Company are as follows:

Michael Orwitz, President and Founder

Michael Orwitz is the President and Founder of OSM Investment Company, which was established in 1997. OSM Investment Company is a regional developer, owner and investor in real estate. The company oversees a portfolio of 42 properties consisting of 35 apartment complexes and 7 commercial properties as well as joint venture investments in four self-storage facilities and two boutique hotels.

Mr. Orwitz provides the strategic vision for the company and is involved in oversight of the development, acquisition, financing and management of the real estate portfolio. Prior to forming OSM Investment Company, Mr. Orwitz was Vice President of Acquisitions for National Partnership Investments Corp. Mr. Orwitz is a graduate of the University of California, Los Angeles, with a Bachelor of Arts Degree in Economics. Michael Orwitz is also a California licensed General Contractor.

Justin Khorvash, Vice President of Acquisitions

Justin Khorvash, the Vice President of Acquisitions for OSM Investment Company, is responsible for property acquisitions, concept development, market research and analysis, finance, and negotiating legal contracts including those related to financing, creative design, food and beverage operations, public relations and other legal matters related to the acquisition, development and operation of the asset. Prior to joining OSM Investment Company, Mr. Khorvash was an Analyst at The Macerich Company, a Real Estate Investment Trust located in Santa Monica, California. Mr. Khorvash holds a Bachelors of Science in Finance from the University of Southern California and a Juris Doctorate from the University of West Los Angeles School of Law.