Michael Hartman is responsible for CSH’s Active Living platform, which focuses on investing in assets catering to residents who are Over 55. This opportunity includes acquiring and renovating existing assets, as well as developing new assets that are uniquely tailored to this community. Michael brings more than two decades of commercial real estate principal and advisory expertise to his role with CSH.

Prior to joining CSH, Michael was director of Investments, Senior Housing for Cortland Partners focusing exclusively on Active Living assets. Over a two-year period, he executed six transactions totaling over 1,200 units and deployed $140 Million of capital. Prior to that, he ran the Real Estate Division of Cohn Reznick Capital Markets, providing services that included debt and equity financing, M&A advisory, due diligence, and strategic investment advisement.

Michael’s extensive experience also includes a previous stint with CSH where he was part of the team that launched the original effort in 2003. In the past, Michael served as Vice President for Sunrise Senior Living, Inc. and Deutsche Banc Alex Brown, respectively. Michael has also worked as an associate and analyst for Prudential Securities Incorporated and The Yarmouth Group, respectively. Michael began his finance career as a loan officer with Shawmut Bank in Boston, Massachusetts.

Michael received his MBA in Finance and Real Estate from The Wharton School and holds his bachelor’s degree in Economics from Connecticut College.

Investment and Management Committee, Acquisitions

Principal overseeing acquisitions. Prior to forming Walton Street, Mr. Quicksilver was a Managing Director of JMB Realty Corporation in the Acquisitions Group and, prior thereto, an Associate at the law firm of Kirkland & Ellis. He has a BA from University of Michigan and a JD from Stanford University

Douglas W. Lyons is a Managing Principal of Pearlmark, with responsibility for the firm’s capital

markets and debt investment activities. He is also a member of the firm’s Management and

Investment Committees. Prior to joining Pearlmark in 1996, Mr. Lyons was Vice President of

Equity Institutional Investors, Inc. where he was responsible for merchant banking activities and

strategic portfolio management projects for the Zell/Merrill Lynch Real Estate Opportunity

funds, the Zell/Chilmark Fund, and other Sam Zell-related affiliates. In addition, Mr. Lyons

actively managed an institutional portfolio of REIT stocks. Previously, he worked in the New

York Real Estate Capital Markets groups for Bankers Trust Company (1989-1991) and Merrill

Lynch & Co. (1987-1989).

Mr. Lyons earned a BA degree in History from Amherst College where he was a two-time All-

American in soccer, and his MBA from the Harvard University Graduate School of Business

Administration. He currently serves several nonprofits including the Harvard Alumni Real Estate

Board, the U.S. Soccer Foundation, and the JDRF Illinois Chapter as Chairman of the Real Estate

Games. Mr. Lyons is also a member of the Pension Real Estate Association and the Urban Land

Institute, where he is a Trustee. Mr. Lyons currently serves as a Trustee of the Loomis Chaffee

School chairing its Buildings and Grounds Committee and previously served as a Trustee for

Lycée Français de Chicago and Chair of its Facilities Committee and as Treasurer of St. James

Cathedral in Chicago.