Wayne Cheng

Since 1992, Mr. Cheng has been the founder, principal shareholder, director and an executive officer of various affiliates of Pacific Castle, which have acquired numerous properties with a market value in excess of $500 million. Affiliates of Pacific Castle currently own and/or manage a portfolio of premier shopping centers in the western United States. The total portfolio is comprised of nearly 2 million square feet. From 1987 to 1989, Mr. Cheng was a professional accountant at Ernst & Young (formerly Arthur Young, CPA’s) in Los Angeles, California and prior to that worked in the tax department of KPMG Peat Marwick.