Mr. Lustig brings to our Board over 35 years of experience in the real estate industry, including his first-hand real estate investor perspectives. He has extensive experience providing strategic and financial advice and transaction execution to clients, including leading real estate companies, and investing in real estate companies and assets as a principal. In recent years, Mr. Lustig has played an active role in more than $400 billion of advisory assignments and transactions involving real estate companies. In his prior roles at Lazard, he oversaw multiple funds, including Lazard Senior Housing Partners, with over $2.5 billion of equity capital invested in REITs and real estate operating companies.

• Lazard Frères & Co. LLC, a financial advisory and asset management firm (since 1989)
  • Chairman of Investment Banking, North America (since 2019)
  • Head of Real Estate & Lodging (since 1989)
  • Head of Investment Banking, North America (2012-2019)
  • Chief Executive Officer of the private equity real estate investment business of Lazard and its alternative investment successors (1999-2022)

• Member (and former Chair of Executive Committee), The Samuel Zell and Robert Lurie Real Estate Center at The Wharton School, University of Pennsylvania
• Member of the Board of Advisors, Edmund A. Walsh School of Foreign Service, Georgetown University
• Member, MBA Real Estate Program Advisory Board at the Paul Milstein Center for Real Estate at Columbia Business School, Columbia University
• Member, Council on Foreign Relations, the Pension Real Estate Association (and former Executive Committee), the Real Estate Roundtable and the Urban Land Institute
• Executive Chairman of the Board of Directors, Atria Senior Living, Inc., a for-profit senior housing company (2004-2011)

• Boston Properties, Inc. (NYSE: BXP) (since 2011)