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Nicholas T. Leftakes
Mr. Leftakes is a co-founder of LT Group, LLC. Prior to forming LT Group, LLC,
Mr. Leftakes was co-founder, Vice Chairman and Chief Investment Officer of Cambridge
Bank. In addition, Mr. Leftakes was a member of the bank's loan committee which
approved over $230 MM in real estate loans. During Mr. Leftakes's tenure as Chief
Investment Officer, he was responsible for the bank's securities/investment portfolio,
which was consistently ranked in the top 5% of all banks in the Chicagoland area based
on performance. Finally, Mr. Leftakes oversaw Cambridge Bank's sale to Inland Bank in
2006. The internal rate of return to investors of Cambridge Bank was a very impressive
21%. Prior to and concurrently with his value creation at Cambridge Bank, Mr. Leftakes
completed a 20-year proprietary securities trading career that included a Senior Vice
President position at ABN Amro and Vice President positions with First Chicago and The
Chicago Corporation. Mr. Leftakes is a Certified Public Accountant. He received his B.A.
in Accounting from Michigan State University and his M.B.A. in Finance from the
University of Chicago Graduate School of Business.
George C. Touras
Mr. Touras is a co-founder of LT Group, LLC. Prior to forming LT Group, LLC, Mr. Touras
spent over 22 years working in various legal and non-legal capacities for entities owned
and controlled by Chicago-based Billionaire entrepreneur Sam Zell. Most recently, in
2006, Mr. Touras was Chief Operating Officer of Privileged Access, L.P., an operator of
RV membership campgrounds located throughout the United States. Privileged Access
was affiliated with Equity Lifestyle Properties, Mr. Zell's publicly traded REIT which owns
and operates manufactured home communities throughout the United States. Immediately
prior to that time, since 1997, Mr. Touras was directly responsible for the financial
performance of Mr. Zell's privately held real estate portfolio in his capacity as Executive
Vice President of Mr. Zell's Equity Properties and Development, LLC. Mr. Zell's portfolio
encompassed primarily multi-family, retail and office properties. The portfolio was valued
at over $1.5 BB and had net operating income in excess of $100 MM. Mr. Touras is a
licensed Attorney in Illinois. He received his J.D. from The John Marshall Law School
and his B.A. in Accounting from North Park University.
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