Highland Capital Management, L.P.

	Contact Information Phone: 972-628-4100 Fax: 972-308-6747 Email: erp@hcmlp.com WebSite: https://hcmlp.com/Corpo rate/ManagementTeam/InvestmentTeam.aspx#john_morgan Address: 13455 Noel Road 8th Floor Dallas, Texas 75240 United States

Mr. John Morgan is a Partner and Senior Portfolio Manager with responsibility for overseeing Highland Capital Management's Real Estate debt investments. The firm’s real estate investments include a variety of asset types, including Collateralized Mortgage Backed Securities (“CMBSs”), whole loans, B-notes, mezzanine notes, and real estate bank loans. Mr. Morgan oversees all aspects of the investment process: initial underwriting and due diligence, surveillance and asset management, acquisition, and disposition. Since joining Highland Capital in March 2000, Mr. Morgan has also covered the restaurant, retail and supermarket sectors. Prior to joining Highland, Mr. Morgan served as a Portfolio Analyst for Falcon Fund Management, LTD from August 1995 - February 2000. While at Falcon, John Morgan assisted the portfolio manager in the security selection process and management of the portfolio. Mr. Morgan performed various duties including researching individual companies and industries, modeling the financial performance of companies and creating comparables to assess the attractiveness of companies within their industries and across the portfolio. Prior to Falcon, Mr. Morgan was an Analyst for a Convertible Arbitrage Fund at Q Investments. Mr. Morgan’s primary responsibilities were inclusive of analyzing financial statements and comparable corporate disclosures and performing analysis on potential investment opportunities. Mr. John Morgan received both an MBA and a BS in Biological Sciences from Southern Methodist University (SMU), and has earned the right to use the Chartered Financial Analyst designation.