David J. Hartzell has been a director since 2009. He is a member of the Audit and Investment Committees.
Dr. Hartzell is a Steven D. Bell and Leonard W. Wood Distinguished Professor in Real Estate at the University of North Carolina Kenan-Flagler Business School. Prior to joining the University of North Carolina in 1988, Dr. Hartzell was a vice president at Salomon Brothers Inc. in New York, where his primary focus was on institutional real estate finance and investments. Dr. Hartzell also worked as a research associate for The Urban Institute and as a financial economist for the U.S. Office of the Comptroller of Currency. He is a former president of the American Real Estate and Urban Economics Association.