Andres Panza will serve as a member of our board of directors, as Head of Asset & Portfolio Management, and on the Advisor’s Investment Committee, effective April 1, 2025. Mr. Panza has served as Managing Director and Head of U.S. Asset Management at Starwood Capital Group since July 2024, where he is responsible for overseeing the asset management of all U.S. non-hotel assets, as well as Starwood Capital’s design and construction function. From November 2016 to July 2024, Mr. Panza previously served in various roles, including as Managing Director, where he provided oversight for the firm’s U.S. equity investments in multi-family, single family residential, affordable housing, data centers, east coast office, industrial, life science, medical office buildings, net lease, and student housing sectors across Starwood’s Opportunity Funds, Starwood Property Trust, and Starwood Real Estate Income Trust, Inc. Prior to joining Starwood Capital Group in 2016, Mr. Panza was an Associate in The Carlyle Group’s U.S. real estate fund from 2011 to 2014. Before that, Mr. Panza worked as an Analyst at Strategic Investment Group from 2008 to 2011. Mr. Panza received a B.A. in Philosophy, Politics, and Economics from the University of Pennsylvania, an M.B.A. from The Wharton School of the University of Pennsylvania, and an M.A. in International Studies from The Lauder Institute of the University of Pennsylvania. Mr. Panza has held the Chartered Financial Analyst designation since 2011. Mr. Panza provides our board of directors with extensive asset management experience across a range of sectors.