JOHN A. MULLANEY has spent much of his career in the investment industry evaluating and managing real estate investments. He was previously employed as an assistant vice president for Integrated Resources Equity Corporation, a subsidiary of one of the top real estate syndicators during the 1980s, and as a vice president for MML Investor Services, a subsidiary of Mass Mutual Insurance Company. In both positions, Mullaney was responsible for evaluating and marketing private placement and publicly registered real estate investments. He also served as President of U.S. Boston Asset Management Corporation, where he managed a $70 million real estate portfolio and evaluated potential real estate investment opportunities for U.S. Boston Corporation. Mr. Mullaney has an MBA from the University of Denver and an undergraduate degree in business administration from Providence College. He currently resides in Denver, Colorado, where he heads his own firm providing research and consulting services on real estate investment trusts.