Philip W. Norwood
President and Chief
Executive Officer

Mr. Norwood has been President and Chief Executive Officer of Faison since 1994 and, as such, is responsible for overall leadership, guidance, and direction of all of the company's business activities.

Prior to joining Faison, Mr. Norwood was a partner for more than thirteen years with Trammell Crow Company, first in Washington, D.C. and then Dallas, Texas, serving in a number of key positions including: Chief Administrative Officer and General Counsel; President, Chief Executive Officer, and Chairman of Trammell Crow Realty Advisors; Managing Partner of Trammell Crow Ventures; President of Trammell Crow Real Estate Investors, a publicly traded REIT; and Vice-Chairman of Trammell Crow Company (NYSE).

Mr. Norwood holds a Bachelor of Arts with Honors from Washington & Lee University, a Masters from Duke University, and a Juris Doctor cum laude from the University of Georgia School of Law.

Edward M. Cherry, CFA
Senior Managing Director
Portfolio Management
704/972-2612

Mr. Cherry is the Senior Managing Director of Portfolio Management with responsibility for retail and office properties.

Prior to joining Faison in 2000, Mr. Cherry was a Senior Vice President with Wachovia Corporation in their Real Estate Investment Group. At Wachovia, Mr. Cherry was involved in the acquisition, development, management, and disposition of commercial properties on a nationwide basis.

Mr. Cherry has an undergraduate degree from North Carolina State University, a Master of Economics from North Carolina State University, and a Master of Science in Real Estate from the University of Wisconsin at Madison, he is a Chartered Financial Analyst.

David B. Chandler
Managing Director
Finance
704/972-2518

Mr. Chandler is responsible for placing short and long-term debt for the company as well as structuring equity investments, he has placed debt totaling over $2 billion.

Prior to joining Faison in 1992, Mr. Chandler was Trust Investment Officer and Real Estate Asset Manager at Wachovia Bank in Winston-Salem, North Carolina. He was also with the Principal Financial Group in Des Moines, Iowa, providing fixed rate, permanent debt.

Mr. Chandler has undergraduate and Master of Science degrees in Real Estate Appraisal and Investment Analysis from the University of Wisconsin at Madison.

David C. Lampke
Managing Director
Acquisitions & Dispositions
704/972-2519

Mr. Lampke is responsible for all existing property acquisition and disposition activities at Faison. He has 25 years of real estate experience and has executed transactions valued at over $1.5 billion during his tenure with Faison since 1990.

Mr. Lampke holds a Bachelor of Science from North Carolina State University and is a member of International Council of Shopping Centers and American Institute of Certified Public Accountants.

Diana L. Bakeberg, CPA
Assistant Controller
Financial Reporting
704/972-2517

Ms. Bakeberg is responsible for Capital Advisor's financial reporting and controls; she joined Faison in 1996 working with various aspects of accounting.

Ms. Bakeberg has over 25 years of accounting experience, including Audit Manager in the Oklahoma City office of Coopers and Lybrand and Internal Audit Manager of an automotive industry conglomerate. She earned her CPA from Oklahoma, and has a Bachelor of Science in Accounting from the University of Oklahoma.