American Financial Realty Trust

Roger M. Cozzi. Mr. Cozzi has been our Chief Executive Officer since October 2008. Mr. Cozzi has also been the Chief Executive Officer of our former external manager, GKK Manager LLC, or the Manager, since October 2008. Prior to assuming this position, since March 2008, Mr. Cozzi worked as a consultant. From March 2007 to February 2008, Mr. Cozzi was a Managing Director of Fortress Investment Group, LLC, a hedge fund. Prior to working at Fortress Investment Group, Mr. Cozzi had served as Executive Vice President Investments and Chief Investment Officer of iStar Financial, Inc., a publicly traded real estate investment trust focused on the financing of commercial real estate. At iStar Financial, Mr. Cozzi served as Chief Investment Officer from January 2006 to February 2007, Executive Vice President Investments from January 2002 through February 2007 and as a Senior Vice President Investments from 1998 to January 2002. While at iStar Financial, Mr. Cozzi was responsible for the origination of structured financing transactions, and he has successfully closed over $3 billion of first mortgage, mezzanine and corporate finance investments. From 1995 to 1998, Mr. Cozzi was an investment officer of Starwood Mezzanine Investors, L.P. and Starwood Opportunity Fund IV, two private investment funds that specialized in structured real estate finance and opportunistic equity investments. Prior to joining Starwood, Mr. Cozzi spent three years at Goldman, Sachs & Co. While at Goldman Sachs, he spent two years in the real estate department, where he focused on securitizing and selling investment grade and non-investment grade securities backed by pools of commercial mortgages, evaluating performing commercial mortgage loans for potential principal investment by the Whitehall funds and consulting large corporate tenants on lease alternatives. After two years in real estate, Mr. Cozzi transferred into the investment management group, where he worked on several merger transactions, created a conduit to lend directly to mutual funds and helped create a vehicle to securitize 12b-1 financing fees. Mr. Cozzi earned a B.S. in Economics from The Wharton School of the University of Pennsylvania in 1992. Mr. Cozzi is 38 years old.

Timothy J. O'Connor. Mr. O'Connor has been our President since November 2008. Mr. O'Connor has also been the President of the Manager since November 2008. Prior to assuming this position, since June 2008, Mr. O'Connor worked as a consultant. Previously, Mr. O'Connor had served as Chief Operating Officer of iStar Financial Inc., a publicly traded real estate investment trust focused on the financing of commercial real estate. Mr. O'Connor served as Chief Operating Officer from March 1998 to June 2008. While at iStar Financial, Mr. O'Connor was responsible for developing and managing iStar Financial's risk management and due diligence operations, participating in the evaluation and approval of new investments, coordinating iStar Financial's information systems and managing the post-acquisition integration of several corporate acquisitions. Previously, Mr. O'Connor was a Vice President of Morgan Stanley & Co. responsible for the performance of over $2 billion of assets acquired by the Morgan Stanley Real Estate Funds. Prior to joining Morgan Stanley, Mr. O'Connor was a Vice President of Greystone Realty Corporation. Previously, Mr. O'Connor was employed by Exxon Co. USA in its real estate and engineering group. Mr. O'Connor earned a B.S. in Engineering from the United States Military Academy at West Point in 1979 and an M.B.A. from the Wharton School of the University of Pennsylvania in 1989. Mr. O'Connor is 53 years old.

Jon W. Clark. Mr. Clark has been our Chief Financial Officer and Treasurer since April 24, 2009. He has also been our Chief Accounting Officer since March 2009. Prior to his election as our Chief Accounting Officer, Mr. Clark served in a role as our Vice President and Controller. Mr. Clark was previously employed by SL Green Realty Corp. or the Manager until April 24, 2009. Prior to joining SL Green Realty Corp. in 2007, Mr. Clark was a Director at BlackRock Financial Management where he managed the accounting and finance department for real estate debt products. He also served as Anthracite Capital Inc.'s Assistant Treasurer during that time. He joined Blackrock Financial Management in 2000. Prior to joining BlackRock Financial Management, Mr. Clark was a Vice President at Cornerstone Properties, Inc. (acquired by Equity Office Properties in 2000) where he established its internal audit department. Mr. Clark is a certified public accountant and obtained his public accountancy experience as a manager in the national real estate practices of Arthur Andersen LLP and BDO Seidman LLP. Mr. Clark holds a B.B.A. degree in Accountancy from Western Michigan University. Mr. Clark is 40 years old.

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As a Senior Vice President of Financial Relations Board, Joe is responsible for day-to-day account management and strategic consulting for a variety of publicly traded companies in the eastern United States. In this capacity, Joe leads account teams responsible for the development and implementation of customized investor relations programs designed to assist companies in effectively communicating to the financial community and national media. Joe also provides strategic message development and the preparation of a wide array of written materials ranging from press releases to annual reports, presentations and corporate profiles. With over 12 years of investor relations' experience at Financial Relations Board, Joe brings to each program the breadth of experience gained from serving a variety of companies across industries in a wide variety of situations under varying market conditions. He presently works with companies predominately in the real estate and financial services sectors including American Financial Realty Trust, GMH Communities Trust, Heritage Property Investment Trust, New York Mortgage Trust, SL Green Realty and Town and Country Trust. He also manages accounts for Respironics, RF Micro Devices and United Natural Foods. Joe holds a B.A. in Public Relations from Marist College.

Allan J. Baum. Mr. Baum has served as one of our directors since August 2004. Mr. Baum retired from Credit Suisse First Boston, or CSFB, in 2002, where he was a Managing Director and head of the structured finance unit for commercial mortgage-backed securities. Prior to his ten years with CSFB, Mr. Baum served as a Vice President in the Real Estate Investment Bank of Citicorp, and held positions in the tax-exempt housing finance and taxable mortgage finance areas of Merrill Lynch. Mr. Baum also currently serves as a director of Community Development Trust, a for-profit, mission-oriented REIT. He previously served as Vice President of the Commercial Mortgage Securities Association. Mr. Baum received a B.A. degree in Government/Urban Studies from Dartmouth College in 1978 and an M.B.A. in Finance from Columbia University Graduate School of Business in 1983. Mr. Baum is 53 years old.

Jeffrey E. Kelter, Senior Principal, has worked in the real estate industry since 1972. Prior to founding KTR Capital Partners ("KTR" or the "Company"), Mr. Kelter was Chief Executive Officer and a Trustee of Keystone Property Trust until the sale of Keystone in 2004. Mr. Kelter founded Keystone Property Trust in December 1997 in a series of transactions which involved the acquisition of American Real Estate Investment Corporation, a small-cap REIT listed on the American Stock Exchange. Mr. Kelter began his career in 1976 at Bankers Trust Corporation where he was an assistant treasurer in the Corporate Finance division. In 1982 Mr. Kelter founded Penn Square Properties, Inc. in Philadelphia and served as Chief Executive Officer and President. At Penn Square he developed, owned, managed and leased more that 4.5 million square feet of office and warehouse projects throughout the Pennsylvania and New Jersey markets. Mr. Kelter has over 25 years of experience in all phases of commercial real estate including acquisitions, development and third-party management. He serves on the Board of Trustees of Gramercy Capital Corporation (NYSE: GKK) and is a member of the Urban Land Institute, Pension Real Estate Association and Real Estate Roundtable. Mr. Kelter received a B.A. from Trinity College.