Richard S. Powell, Board of Directors

Richard Powell is a principal and serves as an advisor on the Board of Directors of Vision Properties. Mr. Powell has over thirty years of experience in commercial real estate, retail, office and residential development. Currently Mr. Powell also serves as a principal and asset manager with the Charter Oak Asset Management Company, which manages the Powell family portfolio including their interests in Kravco/Simon Company properties. From 1985-1989 Mr. Powell was vice president and asset manager at EQK Partners, a real estate asset management company in Philadelphia. Mr. Powell managed the Harrisburg East Mall, the Peachtree Dunwoody Pavilion, a 700,000 square foot office building in Atlanta, and Castleton Commercial Park, composed of 53 mid-rise buildings and 380 tenants located in Indianapolis. From 1980-1984 Mr. Powell was an independent homebuilder and built ten town houses in center city Philadelphia.

Previously Mr. Powell worked as a regional manager for the Kravco Company from 1972-1979. Mr. Powell was responsible for all Kravco holdings in the Delaware Valley including The King of Prussia Mall and the Court, the second largest mall in the United States, as well as The Oxford Valley Mall, The Montgomeryville Mall, The Lehigh Valley Mall and the Quakerbridge Mall. Mr. Powell was responsible for Management, leasing and construction. Mr. Powell is a graduate of the School of Arts and Architecture at Penn State University and is a licensed real estate broker in Pennsylvania and New Jersey.

Patrick R. Walborn, Board of Directors

Patrick R. Walborn is on the Board of Directors of Vision Properties since being formed in 1998. Previously he was the secretary and treasurer of Tiger Associates, Inc., a development and construction firm focused on commercial and industrial projects. Mr. Walborn owns and manages several multi-tenant commercial properties in Reading, Pennsylvania. From 1980-1987, Mr. Walborn owned and operated PACO Products, Inc., a manufacturing company of highway asphalt materials. Under his direction, he expanded the business from $5 million to $35 million a year in sales. From 1975-1980 he worked in the construction business for Windsor Services. Mr. Walborn holds a B.S. degree in history from Wilkes University.


Andrew Zlotnick, Controller

610.940.9220 ext. 104

azlotnick@visiongroupventures.com

Andy Zlotnick has been with Vision Properties since its inception in 2000. He is responsible for all accounting and treasury functions at the company. Prior to working with Vision Properties, Mr. Zlotnick was a Senior Accountant at Laventhol & Horwath, an accounting tax and consulting firm in Philadelphia from 1980-1987. Mr. Zlotnick graduated from Temple University with a BBA in Accounting and was qualified as a Certified Public Accountant in 1982.