Steven Macy

Steven C. Macy, CPM
TGM Associates L.P.
650 Fifth Avenue, 28th Fl
New York, NY 10019
Phone 212-830-9302
Fax 212-399-6310

SMacy@tgmassociates.com

Steven Macy, CPM®, co-founded TGM with Mr. Gochberg in 1991. He is a member of the Investment and Operating Committees. Though Mr. Macy joined TGM as head of asset and property management, he decided to change his status in early 2005, and he has joined the acquisitions department.

Mr. Macy worked at Smith Barney Real Estate Corporation from 1974 to 1984 and at its successor company, Security Capital Real Estate Corporation, from 1984 to 1987. His responsibilities involved nationwide property management for these organizations which managed a portfolio valued in excess of $1 billion.

From 1987 through 1991, Mr. Macy was Senior Vice President of Integrated Resources, Inc. and a Director and member of the Office of the President and Executive Vice President of its subsidiary, Resources Property Management Corporation. He was responsible for the management of Integrated=s national portfolio of 32,000 apartments valued at over $1.2 billion.