Management

John Z. Kukral

4 February 2020

John Z. Kukral, President and Chief Executive Officer of Northwood Investors, has been an active real estate investor for over 35 years.

Mr. Kukral serves as the Chairman of the Investment Committee and approves all commitments by the firm. During his career Mr. Kukral has been involved in over $40 billion of real estate transactions worldwide ranging from office buildings, shopping centers, hotels, and residential.

Mr. Kukral started his career at JMB Realty Corporation in 1982 and, prior to founding Northwood in 2006, he was most recently (1994 to 2005) with Blackstone Real Estate Advisors where he served as President and CEO from 2002 until his departure in 2005. During his tenure, Blackstone Real Estate Advisors grew to become one of the largest and most successful real estate managers globally. He served as a Senior Managing Director of The Blackstone Group from 1997 through 2005 and was a member of the firm’s Executive Committee from 2000 through 2005.

As a Co-Head, and then as President and CEO of the group, Mr. Kukral was actively involved in overseeing all investment activities of Blackstone’s real estate funds including (i) the creation of five real estate investment partnerships with approximately $5.8 billion in discretionary investment capital; and (ii) the day-to-day management of Blackstone’s 70-person professional, financial reporting, and support staff. In this capacity, Mr. Kukral worked closely with Stephen A. Schwarzman, Chairman and CEO of The Blackstone Group and John G. Schreiber, Founder of Blackstone Real Estate Advisors.

Mr. Kukral spent three years in London, helping to open Blackstone’s office and building its European real estate investing platform. In July 2001, the European team raised BREP International which at the time was the largest real estate investment fund dedicated to investing in Western Europe and Blackstone’s first fund dedicated to non-U.S. investments, with over $1.0 billion of discretionary capital under management.

Mr. Kukral is a Trustee of the Urban Land Institute, a Governor of the Urban Land Foundation, a Trustee of the National Jewish Hospital in Denver and former Chairman of the Savoy Group in London, United Kingdom.

Mr. Kukral received his undergraduate degree from Northwestern University and received his M.B.A. from Harvard Business School.

Jacob Reingardt

23 January 2019

Jacob Reingardt is Chief Financial Officer and has responsibility for all financial activities including financial reporting, accounting, treasury, and tax structuring and compliance.

Prior to joining Northwood Investors, Mr. Reingardt was a Manager at PricewaterhouseCoopers in their New York, London and Denver offices, managing financial statement audits for real estate private equity clients and publicly traded REITs.

Mr. Reingardt is a licensed Certified Public Accountant in New York and received a B.S. in Business Administration, cum laude, from Colorado State University.

Michael Profenius

23 January 2019

Michael Profenius is Chief Operating Officer of Northwood Investors and is responsible for overseeing fund accounting and reporting, investor relations, asset management, compliance, tax, information technology and human resources. Mr. Profenius is a member of Northwood’s Investment Committee and Valuation Committee.

Mr. Profenius has 35 years of experience in real estate investments, capital raising and operations. Prior to joining Northwood, he was a Senior Partner at Grove International Partners LLC. During his tenure at Grove, he held several senior management positions including Head of Business Development, a role responsible for generating new investment opportunities globally, Chief Operating Officer and Head of Capital Raising. Mr. Profenius also served on the Investment Committee of Alpine Grove Partners LLP, an affiliate of Grove. Prior to joining Grove, Mr. Profenius was a Managing Director in the Real Estate Group at Warburg Pincus LLC. While at Warburg Pincus, Mr. Profenius invested in a broad variety of commercial and residential real estate and hotel companies and properties in the United States, Europe and Asia, with a primary focus on China. Prior to joining Warburg Pincus, Mr. Profenius was Co-Head and Managing Director of the Global Investment Banking and Hospitality Group of Merrill Lynch. During his 18-year career at Merrill Lynch, Mr. Profenius completed more than 75 equity offerings, which raised approximately $19 billion of capital for public and private real estate companies, including 20 initial public offerings, more than 60 advisory transactions for real estate, hospitality and finance companies aggregating in excess of $70 billion in value and numerous on-balance sheet loans and equity investments exceeding $10 billion in value. Mr. Profenius spent the last four years of his career at Merrill Lynch residing in London. He began his career at Dean Witter Realty in 1982.

Mr. Profenius is a member of the Board of Directors of AV Homes, Inc., serving on the Finance, Nominating and Corporate Governance Committees.

He received a B.A. in Economics and Political Science from Yale University.