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        2200 North Loop West 
          Ste. 230 
          Houston, TX 77018 
          713.358.8450 
    866.491.9158  | 
        7600 Burnet Road,  
          Suite 290 
           
          Austin  Texas  
          78757  | 
        329 Sutton Place  
          Richardson, Texas   75080
                    
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        117 W. Highland,  
          Suite   101 
          Boerne, Texas   78006
                    
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        Proud to be a Woman-owned Business Enterprise | 
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            Kathleen O'Connor - Principal 
                As the majority owner of the   Sage Group, Kathleen O'Connor manages the financial operations of the company.    Working with outside accountants, Kathleen prepares annual financial   statements, monitors and reviews all expenditures, helps develop financial   policies and procedures and oversees all payroll functions. Kathleen is a   graduate of Baylor   College, is a licensed Real   Estate Broker and is very active in CREW, the Commercial Real Estate Women’s   network.  Drawing on more than 20 years of experience in the real estate   industry, Kathleen contributes valuable insight to the Sage Group organization. | 
           
          
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            John Fisher, CCRA, LEED AP - Chief Operating Officer 
                John Fisher is a Texas State Certified General Real Estate   Appraiser with additional certification in four states. He has extensive   appraisal experience in each major land use. He has appraised or reviewed real estate valued in excess of one half   billion dollars during the course of his career. John has 20 years of real estate   experience and has served as an expert witness in both federal and district   court. John is a graduate of the University of Houston with a major in finance,   is a General Associate Member of the Appraisal Institute, a Certified Commercial   Real Estate Appraiser (CCRA) through the National Association of Real Estate   Appraisers and a Leadership in Energy and Environmental Design Accredited   Professional (LEED AP). As a member of the department’s leadership team, John is   an appraiser trainer, sponsoring and directing full-time licensed trainees,   along with performing technical reviews for accuracy.  Email John.  | 
           
          
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            Mike Miller, MAI - Managing Director 
                Mike Miller is an MAI-designated appraiser and Managing   Director of Sage Appraisal Network, a network of national appraisers designed to   service all commercial appraisal needs throughout the continental United   States. Mr. Miller has been involved in the appraisal and   consultation of real estate and going concerns for over 25 years. Previously he   was a Senior Managing Director who started Grubb & Ellis Landauer Valuation   Advisory Services appraisal platform; Senior Director, with Cushman &   Wakefield of Arizona and Texas for 17 years and with CB Commercial Real Estate Group,   Inc. (CBRE) as an Assistant Vice President for 10 years. Email Mike.  | 
           
          
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            W.F. “Buddy” Trotter, Jr., MAI - Senior Appraisal   Reviewer 
                Buddy Trotter is a Texas State Certified General Real   Estate Appraiser with additional certifications in 6 states. He has extensive   experience appraising properties in each major land use, including retail,   office, industrial, and apartments. As a member of the department’s leadership   team, Buddy is an appraiser trainer and educator at Sage Group.   He also  is the lead   technical reviewer for appraisals of certified appraisers. He has 29 years real   estate and appraisal experience and has been with Sage Group  since its beginning. He is a graduate of Rice University, is a recipient of the   prestigious MAI designation from the Appraisal Institute and has served as Secretary of the Houston Chapter of the Appraisal   Institute and currently serves as the Vice-President of the Chapter. Email Buddy.  | 
           
          
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            Kenneth E. Lehrer, Ph.D. 
              Dr. Kenneth E. Lehrer is a Texas State Certified General Real Estate Appraiser and is recognized by the National Association of Real Estate Appraisers. He holds four degrees from New York University:  B.S. (Finance), M.B.A. (Banking), M.A. (Economics) and a Doctorate in Urban Economics. He is experienced in many areas including Economics, Banking, Business (including operating and Economic and Financial Services consulting company), and Real Estate and Corporate Finance. Dr. Lehrer has served as Chairman of the Board of Directors for the Federal Home Loan Bank of Dallas and as an Adjunct Professor of Finance at the University of Houston, Graduate School of Business. | 
           
          
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            Gregory S. Zachary, Dallas   Managing Member 
                    G. S. Zachary Company in association   with the Sage Group offers quality real estate appraisal and consulting with   personal service. - For 30 years, Mr. Zachary has been engaged in the real   estate industry and been involved with the valuation of all types of tracts of   land, commercial, office, multi-family, single-family, industrial, subdivision   retail and church properties. Clients include asset management companies,   financial institutions, insurance companies, law firms, developers and private   property owners. Mr. Zachary has completed numerous assignments throughout   Texas, Arkansas, Minnesota, Missouri, Oklahoma, and   Tennessee.  | 
           
          
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            Andre N. Suissa, MAI, Austin   Managing Member 
                    Titan Valuation in association with   the Sage Group provides real estate appraisal, consultation, tax consultant and   arbitration services. As a licensed real estate broker, appraiser and property   tax arbitrator, Mr. Suissa is a seasoned real estate professional. Mr. Suissa   has been involved with the valuation of all types of land, commercial, office,   multi-family, condominiums, student housing, cemetery, restaurant, veterinary   clinics, subdivision, industrial, retail and church properties. Clients include   asset management companies, financial institutions, insurance companies, law   firms, developers and private property owners.  | 
           
          
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            H. E. "Skip" Preble MAI,   CCIM, San Antonio Managing Director 
                    Land Analytics, LLC in association with the Sage Group has diverse real estate experience including acquisitions, master-planned community development, land development, residential and light commercial construction, as well as valuation, feasibility and marketability analysis.  The first 20 years of Mr. Preble’s career were devoted to initiating and managing a variety of development projects in San Antonio and Central Texas. Mr. Preble’s focus has been on building the premier real estate economics consulting firm in the region.  Clients served are located across the United States, and have included Neumann Homes (Chicago, IL), John Laing Homes (West Coast –NAHB 2003 Builder of the Year) and Simonini Homes (North Carolina – NAHB 2005 Builder of the Year). Mr. Preble is an active public speaker, having been a featured speaker for a number of conferences, including three of the last five Land Development Breakthroughs conferences. Mr. Preble has a number of articles published concerning real estate development practices and business management. Trained as an instructor for Argus Software, Mr. Preble can provide the software that is best suited to income property and mixed-use analysis.  | 
           
          
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        Sage Appraisal Network 
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        © Sage Group/Sage Appraisal Network  | 
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