The Team

Directors

SIGNIFICANT PERSONNEL

Christopher D. Allen

Title: Senior Vice President – Commercial Lending

Christopher D. Allen has been our Senior Vice President – Commercial Lending since March 2005. Mr. Allen has been a Managing Director of Resource Financial Fund Management, or RFFM, since 2003. At RFFM, Mr. Allen is in charge of identifying, implementing and overseeing new CDO products. He is a member of the investment committee of Ischus and is also a member of the investment committee of Apidos where he serves as the Chief Operating Officer and Director of Product Management. Before joining RFFM, from 2002 to 2003 he was a Vice President at Trenwith Securities, the investment banking arm of BDO Seidman, LLP, where he was in charge of corporate finance, mergers and acquisitions and restructuring transactions. From 1994 to 1997 he was an Associate with Citicorp Venture Capital working on leveraged buyout and recapitalization transactions.

Gretchen Bergstresser

Title: Senior Vice President – Syndicated Loans

Gretchen Bergstresser has been our Senior Vice President – Syndicated Loans since March 2005. Ms. Bergstresser has been the President and Senior Portfolio Manager of Apidos since 2005. Before joining Apidos, from 2003 to 2005 she was the Managing Director and Portfolio Manager of MJX Asset Management, a greater than $1.5 billion boutique asset management firm managing leveraged loans across five structured vehicles. From 1996 to 2003 Ms. Bergstresser was CDO Portfolio Manager and Head Par Loan Trader at Eaton Vance Management, an investment management company. From 1995 to 1996 she was a Vice President in the Diversified Finance Division of Bank of Boston. From 1991 to 1995 she was a Vice President at ING (U.S.), Capital Markets, an investment banking firm.

Jeffrey D. Blomstrom

Title: Senior Vice President – CDO Structuring

Jeffrey D. Blomstrom has been our Senior Vice President – CDO structuring since March 2005. Mr. Blomstrom has been President and Managing Director of RFFM since 2003. Mr. Blomstrom also currently serves as the head of collateral origination and as a member of the credit committee for Trapeza Capital Management. From 2001 to 2003 Mr. Blomstrom was a Managing Director at Cohen Brothers and Company, a Philadelphia-based investment bank specializing in the financial services sector. From 2000 to 2001 he was Senior Vice President of iATMglobal.net, Inc., an ATM software development company. Mr. Blomstrom was, from 1999 to 2000, an associate at Covington & Burling, a law firm, where he focused on mergers and acquisitions and corporate governance.

David E. Bloom

Title: Senior Vice President – Real Estate Investments

David E. Bloom, has been our Senior Vice President – Real Estate Investments since March 2005. Mr. Bloom has been Senior Vice President of Resource America since 2001. He has also been President of Resource Real Estate since 2004 and President of Resource Capital Partners since 2002. From 2001 to 2002 he was President of Resource Properties. Before that he was Senior Vice President at Colony Capital, LLC, an international real estate opportunity fund, from 1999 to 2001. From 1998 to 1999 he was Director at Sonnenblick-Goldman Company, a real estate investment bank. From 1995 to 1998 he was an attorney at the law firm of Willkie Farr & Gallagher, LLP.

David J. Bryant

Title: Chief Financial Officer, Senior Vice President

David J. Bryant has been our Senior Vice President and Chief Financial Officer since June 2006. Mr. Bryant brings twenty five years of real estate industry accounting and SEC financial reporting experience to RCC. Prior to joining RCC, Mr. Bryant was Senior Vice-President, Real Estate Services, at Pennsylvania Real Estate Investment Trust (PREIT) for one year. Before that Mr. Bryant served as Senior Vice-President and Treasurer at PREIT for five years. Prior to that he served as Vice–President, Financial Services, at PREIT Rubin, Inc., and The Rubin Organization, Inc.

Crit DeMent

Title: Senior Vice President – Equipment Leasing

Crit DeMent has been our Senior Vice President – Equipment Leasing since March 2005. Mr. DeMent has been Chairman and Chief Executive Officer of LEAF Financial Corporation since 2001. Mr. DeMent was Chairman and Chief Executive Officer of its subsidiary, LEAF Asset Management, Inc., from 2002 until 2004. From 2000 to 2001 he was President of the Small Ticket Group, an equipment leasing division of European American Bank. Before that, he was President and Chief Operating Officer of Fidelity Leasing, Inc. and its successor, the Technology Finance Group of CitiCapital Vendor Finance from 1996 to 2000. From 1987 to 1996 he was Vice President of Marketing for Tokai Financial Services, an equipment leasing firm.

Thomas C. Elliott

Title: Senior Vice President – Finance and Operations

Thomas C. Elliott has been our Senior Vice President –Finance and Operations since July 2006. Prior to that he was Chief Financial Officer, Chief Accounting Officer and Treasurer since June 2005 and, before that, Mr. Elliott served as Vice President – Finance from March 2005. Mr. Elliott has been Senior Vice President since 2005 and was Vice President – Finance from 2001 to 2005 at Resource America. He has also been Chief Financial Officer of RFFM since 2004. From 1997 to 2001 Mr. Elliott was a Vice President at Fidelity Leasing, Inc. where he managed all capital market functions, including the negotiation of all securitizations and credit and banking facilities in the U.S. and Canada. Mr. Elliott also oversaw the financial controls and budgeting departments.

Alan F. Feldman

Title: Senior Vice President – Real Estate Investments

Alan F. Feldman has been our Senior Vice President – Real Estate Investments since March 2005. Mr. Feldman has been Senior Vice President of Resource America and President of Resource Properties since 2002. He has also been Chief Executive Officer of Resource Real Estate since 2004. From 1998 to 2002, Mr. Feldman was Vice President at Lazard Freres & Co., an investment banking firm, specializing in real estate mergers and acquisitions, asset and portfolio sales and recapitalization. From 1992 through 1998, Mr. Feldman was Executive Vice President of PREIT-RUBIN, Inc. the management subsidiary of Pennsylvania Real Estate Investment Trust, a publicly-traded REIT, and its predecessor, The Rubin Organization. Before that, from 1990 to 1992 he was a Director at Strouse, Greenberg & Co., a regional full service real estate company.

Kevin M. Finkel

Vice President-Real Estate Investments

Kevin M. Finkel, 34, has been our Vice President-Real Estate Investments since January 2006.He has also been Vice President and Director of Acquisitions of Resource Capital Partners, Inc. since 2003. Mr. Finkel has also been with Resource Real Estate since2004, and is currently its Senior Vice President and DirectorofAcquisitions.In2000, Mr. Finkel was an Associate at Lehman Brothers, a global investment bankingfirm. From 1998 to 1999, Mr. Finkel was an Associate at Barclays Capital, the investment banking division of Barclays Bank PLC. From 1994 to 1998, Mr. Finkel was an investment banker at Deutsche Bank Securities, the investment banking division of Deutsche Bank AG.

Steven J. Kessler

Title: Senior Vice President-Finance

Steven J. Kessler has been our Senior Vice President-Finance since September 2005 and, before that, served as our Chief Financial Officer, Chief Accounting Officer and Treasurer from March 2005. Mr. Kessler has been Executive Vice President since 2005 and Chief Financial Officer since 1997 and was Senior Vice President from 1997 to 2005 of Resource America. He was Vice President-Finance and Acquisitions at Kravco Company, a national shopping center developer and operator, from 1994 to 1997. He has been a Trustee of GMH Communities Trust, a publicly traded specialty housing REIT, since 2004. From 1983 to 1993 he was employed by Strouse Greenberg & Co., a regional full service real estate company, ending as Chief Financial Officer and Chief Operating Officer. Before that, he was a partner at Touche Ross & Co.(now Deloitte & Touche LLP) , independent public accountants.

Pamela Schreiber

Title: Vice President for Investor Relations

Pamela Schreiber has been our Vice President for Investor Relations since September 2006. She also currently serves as Vice President for Investor Relations at Resource America, Inc., an office she has held since 2000.

Andrew P. Shook

Title: Senior Vice President – RMBS and CMBS

Andrew P. Shook has been our Senior Vice President – RMBS and CMBS since March 2005. Mr. Shook has been the President, Chief Investment Officer and Senior Portfolio Manager of Ischus since 2004. In 2001 Mr. Shook founded and ran HSBC Bank USA’s structured finance credit arbitrage book until 2004. Before that, Mr. Shook worked domestically and in London for Bank of America from 1996 to 2001. From 1994 to 1996 he was a Senior Securities Analyst at Hyperion Capital Management, a commercial and residential mortgage related fixed income investment advisor.

Victor Wang

Vice President-Director of Asset Management

Victor Wang has been our Vice President-Director of Asset Management since January 2006. He has also been Vice President-Director of Asset Management of Resource Real Estate since 2002. From 2000 to 2002, Mr. Wang was Vice President, Financing and Dispositions at Sonnenblick-Goldman Company, a national recognized real estate investment banking firm. From 1998 to 1999, Mr. Wang was a Senior Asset Manager at North Star Presidio Management Company, an asset management arm of North star Capital Investment Corp. Before that, from 1994 to 1998, Mr. Wang was an Asset Manager and Senior Analyst at Newkirk and Odin Management Companies, an asset management company specializing in the management of highly leveraged net lease and operating real estate.

Michael S. Yecies

Title: Chief Legal Officer and Secretary

Michael S. Yecies has been our Chief Legal Officer and Secretary since March 2005. Mr. Yecies has been Vice President, Chief Legal Officer and Secretary of Resource America since 1998. From 1994 to 1998 he was an attorney at the law firm of Duane Morris LLP.