For nearly half a century, California Mortgage and Realty, Inc. has successfully served the financing needs of the real estate community by arranging short-term real estate loans funded by the lending capital of the company and our private investment clients. In so doing, we have provided our investment clients with well-secured loan investment opportunities that have generated an enviable track record over the years of safety and consistently high yields. The firm and its principals have successfully underwritten and refinanced more than $800 million in real estate mortgage loans during the past 10 years.

California Mortgage and Realty's proven management team of experienced real estate and mortgage professionals has substantial real estate and mortgage investment holdings and over $450 million in assets under management. Included in these assets under management are approximately $300 million in commercial mortgage loans originated on behalf of our investment clients. Founded in 1958, CMR operates from its company-owned headquarters building in downtown San Francisco. (The principals and staff know and understand California's commercial and residential real estate markets because we live and work in the state.)

JAMES GALA (Chief Executive Officer)
Jim Gala joined California Mortgage and Realty, Inc. in January 2006 from California Savings Bank, where he served as President and CEO. Jim has a long and distinguished career in Financial Services and brings expertise in business development, commercial banking and lending, residential/consumer lending and servicing, and finance. Jim held executive positions at Fremont Bank, Wells Fargo Home Mortgage, First Nationwide Bank/Ford Financial Services, and Household Bank/Household International. His career began at Arthur Young and Company in the Chicago and Toledo offices, after graduating from Ohio State University in 1974.

H. DAVID CHOO (President)
David Choo (age 42) has been the President of California Mortgage and Realty, Inc. since 1995. Mr. Choo has worked continually in the real estate investment industry since 1986 and has originated over $600 Million in private mortgage loans in his career. As a real estate investor, Mr. Choo has acquired for his own account over 75 commercial investment properties with purchase amounts exceeding $150 Million since 1986. He first became licensed as a California Real Estate Salesperson in 1989 and in 1995 became licensed as a California Real Estate Broker. Mr. Choo is the Incoming President of the California Mortgage Association and was previously a member of the Board of Directors of a predecessor organization, the California Trust Deed Broker's Association and is currently a member of the Board of Trustees of Cal Performances at UC Berkeley. Mr. Choo has given two seminar presentations to his trade association titled "Originating Mixed-Use Property Loans" and "Originating Hotel and Motel Loans." Mr. Choo and/or his company is currently or has previously been a member of the Mortgage Association of California, the Mortgage Banker's Association, the San Francisco Board of Realtors, the Oakland Board of Realtors, the National Association of Realtors, the Oakland Chamber of Commerce, the Better Business Bureau, the Alameda County Apartment Association, the Mid-Market Association, the National Association of Real Estate Trusts and the California Alumni Association. Mr. Choo received dual bachelor degrees in Economics and Computer Science from the University of California at Berkeley, in 1984.

CRAIG RAYMOND (Senior Vice President)
In 1986, Mr. Raymond concluded a distinguished career in the U.S. Army where he served on active duty in Vietnam, receiving numerous rewards for valor and service including the Silver Star. Colonel Raymond was subsequently promoted to advanced management positions within the Army, which included managing a $500 million annual operating budget, integrating the accounting systems on four continents and teaching numerous management courses. Since 1986, he served as advisor to numerous real estate investors, property managers, real estate and mortgage brokers and contractors, including several clients with investment portfolios exceeding $100 million in assets. Colonel Raymond received a B.S. in Business from the University of California at Berkeley in 1966 and an M.A. in Management from Webster University in 1978.

GRAHAM SEEL (SVP / Chief Information Officer)
Graham Seel joined California Mortgage and Realty, Inc in May 2007, after 25 years with Bank of America. Graham has brought deep banking industry and information technology expertise to CMR, having had senior leadership roles in banking mergers, IT development, risk management and operational transformation. While at Bank of America he rose from junior management to fill a number of key executive positions that significantly contributed to the growth of Bank of America’s cash management businesses. Prior to his time with Bank of America, Graham had IT positions in a number of companies in the publishing, engineering, insurance, and pharmaceuticals industries. He is a graduate of the University of Essex in England, with a BA in Mathematical Economics.

HENRY PARK (Vice President - Originations)
Prior to rejoining his college classmate, Mr. Choo, Mr. Park was a founding member and Chief Technology Officer of an Internet startup company and the Senior Partner of a Los Angeles based consulting and engineering firm. Mr. Park has developed numerous customized software systems for the real estate industry as well as sophisticated accounting applications. Mr. Park received a B.S. in Electrical Engineering/Computer Science from the University of California at Berkeley in 1984, and both M.S. and Engineering Degrees in Computer Engineering from the University of South California in 1994 and 1996, respectively.

SCOTT POWER (Vice President - Investments)
Prior to joining California Mortgage and Realty, Inc. in September 2002, Mr. Power served as a Financial Advisor for UBS Paine Webber, where he earned his series 7 and 66 securities licenses. Prior to working with Paine Webber, Mr. Power managed his own recruiting company. Mr. Power obtained a B.A. in Political Science from San Francisco State University in 1993, and is a licensed California real estate salesperson.