Preston Butcher, Chairman and Chief Executive Officer
Mr. Butcher is Chairman of the Board for Legacy Partners Commercial, LLC, a position he has held since 2003, and Chairman of the Board and Chief Executive Officer of Legacy Partners Residential, Inc. ("LPRI"), positions he has held since 1998. He joined Lincoln Property Company in 1968 and was President of the Western Region until 1998, at which time he became Chariman of the Board and Chief Executive Officer of LPRI. In 1999, Mr. Butcher purchased the interests of the other Lincoln Property Company shareholders in the Western Region operations and continued these operations under the new "Legacy Partners" name. In that year, when the Western Region became an independent company operating under the “Legacy Partners” name, Mr. Butcher became the Chairman of the Board and Chief Executive Officer. Mr. Butcher has been active in commercial and multifamily real estate acquisitions, development, financing, asset and property management, and dispositions for over 40 years. He is a co-founder, past Chairman of the Board, and presently serves on the Executive Committee of the National Multi-Housing Council. He is a member of the Policy Advisory Board of the Center for Real Estate at the University of California at Berkeley. In 1991, he was invited to serve on the Board of Trustees of the Urban Land Institute. Mr. Butcher is a Director of the Charles Schwab Corporation and NorthStar Realty Finance Corporation. He was also a founding board member of BRIDGE, a non-profit housing corporation created to provide low to moderate income housing.