JOHN P. McCANN is the Executive Director of New Town Associates, LLC, a developer of real estate mixed use projects, a position he has held since June 2002, and a Principal in McCann Realty Partners, LLC, an owner of apartment buildings, a position he has held since January 2005. Mr. McCann is a director of United Dominion Realty Trust, Inc. He is Chairman of the Investment Funds Committee and a member of the Audit, Executive, Executive Compensation and Finance Committees. Mr. McCann has been a director since 1997.