Harbor Group International — Commercial Real Estate Investors

Jordan E. Slone, Chairman and Chief Executive Officer

Mr. Slone is Chairman and Chief Executive Officer of Harbor Group International, a diversified real estate investment and management services company. Harbor Group has offices in the United States, England, Israel and Canada. Its property portfolio of Class A office buildings and apartment communities  are located in four countries and valued in excess of $2.0 billion. 

Prior to forming Harbor Group in 1985, he was Co-Founder and Vice President of International Spring Corporation, a Virginia, manufacturer of inner box springs for the mattress industry. In 1986, the Slone family transacted a successful sale of International Spring to Leggett and Platt, Inc., a Fortune 500 company. 

Mr. Slone serves on the Board of Directors of Hampton Road’s Bankshares, a NASDAQ-listed company and the parent company of the Bank of Hampton Roads. Mr. Slone was recently appointed by the Governor to serve on the Virginia-Israel Advisory Board.  He is also an Advisory Board Member of the National Multi-Housing Council and a member of the Urban Land Institute.

David J. Zwiebel, Vice Chairman

David J. Zwiebel serves as Vice-Chairman of HGI and Managing Director of Harbor Group Israel (H.G.I) Ltd.

Mr. Zwiebel has over 50 years of experience in investment banking as well as public equity and real estate investments in the United States, Europe, and Israel and is well qualified in matching commercial real estate investors with the right property for them. Mr. Zwiebel served as a consultant to Brean Murray & Co., Inc., a member of the New York Stock Exchange, and currently serves on the board of directors of several Israeli high-tech companies.

Prior to immigrating to Israel in 1969, Mr. Zwiebel managed the U.S. office of Goodbody & Co., which at the time was the third largest stock brokerage firm in the United States.

Mr. Zwiebel is also very active in many charitable organizations, and currently serves as the Vice Chairman of the Stuchynski Alzheimer's Center in Ramat Gan, Israel.
Mr. Zwiebel is a graduate of Yeshiva University in New York and completed courses for an M.B.A. at Bernard Baruch School, City College, New York.

T. Richard Litton Jr., President

T. Richard Litton, Jr. supervises HGI’s Transactions Group, which sources and executes all acquisitions, dispositions and refinancings. As President, he also oversees day-to-day operations for the company and it’s commercial real estate investors. He chairs the company’s Investment Committee and serves as a member of the Executive Management Committee.

Mr. Litton has been a guest speaker at real estate industry conferences in Atlanta and Chicago. He also serves on the Board of Directors of Fulton Bank - Southern Division, the Board of Directors of the Children's Health Foundation of the Children's Hospital of the King's Daughters, the University of Virginia's National Committee on University Resources, and the Endowment Board of St. Paul's Episcopal Church.

Before joining HGI, Litton served as a corporate law partner at Kaufman & Canoles, the largest law firm in southeastern Virginia and one of the largest law firms in the state.

Mr. Litton earned his law degree from the University of Virginia School of Law in 1992. He also graduated with distinction from the University of Virginia with a bachelor's degree in 1989.

Saul Lubetski, Managing Director and Director of Investor Relations

Saul Lubetski is responsible for all aspects of building and maintaining relationships with a worldwide network of institutional, corporate, and high net worth icommercial real estate investors. He oversees all commercial real estate investors' reports and distributions. Mr. Lubetski is also responsible for strategic relationships with capital sources for HGI.

Prior to joining HGI in April 2000, Mr. Lubetski was Vice President of Global Real Estate and Lodging at Salomon Smith Barney Investment Banking. He worked on numerous financings and merger and acquisition advisory assignments. Previously, he was a tax lawyer at Skadden, Arps, Slate, Meagher & Flom, LLP, where he worked on merger and acquisition advisory assignments and financial products.

Mr. Lubetski graduated from Yeshiva University with a B.A. Cum Laude in Economics and received a Juris Doctor and Master of Laws in Tax Law from New York University School of Law.

Robert S. Friedman, Managing Director and President of Harbor Group Management Company

Robert S. Friedman serves as President of Harbor Group Management Company and as a Managing Director of Harbor Group International. He is responsible for all investment property operations, encompassing asset management, property management, leasing, marketing, construction and training, all in an effort to provide our commercial real estate investors with the best possible property Mr. Friedman's responsibilities are related to all asset classes worldwide. In these roles he is actively involved in underwriting of acquisitions, due diligence and capital enhancement programs. He serves on Harbor Group’s Executive Management Committee and its Investment Committee.

Mr. Friedman has been a principal with HGI since 1989. He earned a degree in Business Administration from Hobart College in New York. He is a member of ICSC, NMHC, BOMA and ULI.

Brian Schaefgen, Chief Financial Officer

Brian Schaefgen is responsible for directing HGI's financial policies and strategies. As CFO, he oversees the financial aspects of the company, including reporting, accounting, information technology, tax and treasury functions. He also serves on HGI’s Executive Management Committee.

Before joining HGI, Mr. Schaefgen served as CFO, Treasurer and Secretary of Ambassadors International, a publicly-traded cruise, marine and travel company. From 1994 to 2003, Mr. Schaefgen held a variety of senior financial positions with The Irvine Company, a real estate investor and developer. Prior to this, he was with Deloitte & Touche, an international professional services firm.

Mr. Schaefgen received his bachelor of business administration from the University of Notre Dame. He is a certified public accountant and a licensed real estate broker.

Pinchas Mendlovic, Managing Director

Pinchas Mendlovic serves as Managing Director of HGI and Harbor Group Israel (H.G.I) Ltd.

Since 1958, Mr. Mendlovic has served as legal counsel to banks, as well as real estate and investment companies in Israel. Mr. Mendlovic has also served as a consultant to several Israeli government committees with respect to banking and tax legislation. Currently, in addition to his association with HGI, Mr. Mendlovic practices law together with his wife, Lea Mendlovic.

Mr. Mendlovic holds a Masters in Jurisprudence from the Hebrew University, Jerusalem and is also a graduate in Economics at the Hebrew University, Jerusalem.

Jay Zwiebel, Managing Director

Jay Zwiebel serves as Managing Director of HGI and Executive Vice President of Harbor Group Israel (H.G.I) Ltd.

Prior to joining HGI, Jay was a partner at a law firm in Hertzila, Israel, specializing in the representation of public and private high-tech companies in addition to venture capital funds. His practice specialties included venture capital investments, mergers and acquisitions, securities and corporate law.

Prior to practicing law, Jay was a consultant at Meitav Corporate Finance Ltd., where he was responsible for preparing due diligence reports and valuations for private and public companies.

Jay Graduated Cum Laude from Yeshiva University in 1992 with a B.A. in Economics, and received his law degree from Bar Ilan University in 1996. Jay is a member of the Israeli Bar Association, and is a Major (reserve) in the Israeli Air Force.

Alan Dworetzky, Director of Construction and Development

Alan Dworetzky is responsible for the cost, process and oversight of all major capital spending and construction programs within HGI's portfolio, and also leads development related initiatives.

Mr. Dworetzky's division interacts with Transactions, Leasing, Asset Management, and both the Commercial and Multi-Family Property Management departments to control costs, ensure quality, limit risks, and maximize the benefits of all capital spending. Mr. Dworetzky directs and coordinates efforts that include apartment renovations, large commercial tenant improvements and capital upgrades, as well as major insurance restoration work.

Under Mr. Dworetzky's leadership the Construction Division assures alignment of construction and capital spending with investment objectives to maximize value creation and preserve asset integrity.

Mr. Dworetzky joined HGI in 1996. He is a graduate of Duke University in Durham, North Carolina.