TVO Capital Management LLC (“TVO Capital”), which was established in 2010, is the new real estate investment management arm of TVO Groupe LLC (“TVO”), from where all the investment activities of TVO will now be managed. As the dedicated investment management platform of TVO, TVO Capital now brings private equity real estate investment fund management capabilities to the TVO operating platform, which itself has been a highly experienced operating principal and sponsor of investment grade real estate assets since 1983. TVO has been the managing principal and operating partner over the last 18 years, together with leading institutional capital partners, of owned, managed and/or developed property assets located in 21 states of the United States (“US”) with a large concentration in the sunbelt region from Florida to Texas. TVO is a family-owned US real estate investment, development, management and advisory company founded by brothers Wayne A. Vandenburg and Russell A. Vandenburg in 1983.

Executive Bios

David L. Vandenburg Chief Investment Officer – TVO Capital Management

Mr. Vandenburg is TVO Capital Management’s Chief Investment Officer and is responsible for overseeing and working with the company’s property acquisition group and coordinating market research. Since joining the TVO Groupe in 1991, he has been responsible for evaluating and approving the acquisition of approximately 30,000 apartment units and other income-producing properties as well as the disposition of approximately $850 million in real estate assets. He is also the president and a principal of TVO Realty Partners, a real estate investment company and a principal shareholder of the TVO Groupe.

Mr. Vandenburg is a graduate of Southern Methodist University (“SMU”) where he earned his B.B.A. Degree in Finance & Real Estate and is a member of several national and regional professional & civic organizations including the National Multi-Housing Council.