Investment Funds

Board of Directors

The directors of Timbercreek Mortgage Investment Corp. have deep experience, established reputations and extensive contacts in the commercial real estate and mortgage lending community, as well as in the capital markets and asset management sectors in Canada.

Zelick L. Altman, Independent Director

Zelick is a Managing Director of LaSalle Investment Management responsible for its Canadian operations. In addition, Zelick is President of the LaSalle Canadian Income & Growth Funds, co-mingled funds with over $500 million of equity committed. As Managing Director for Canada, he is involved with all aspects of the business, with special emphasis on the company’s acquisition program. He has over 25 years of real estate experience in institutional, public and private sectors of the industry. Prior to joining LaSalle, he served as a Senior Vice President with Dundee Realty Corp., CREIT, and Counsel Property Corporation where he had responsibilities including acquisitions, asset management, and disposition of properties across Canada. He is a graduate of the Faculty of Applied Sciences at the University of Toronto and is registered as a Professional Engineer.

Edward W. Boomer, Independent Director

Edward is the Managing Director, Canadian Operations for Kimco Realty Corporation and is responsible for all aspects of Kimco’s operations in Canada. Kimco is a self-administered real estate investment trust and believed to have the largest portfolio of neighbourhood and community shopping centres held by any publicly-traded real estate investment trust. He has over 18 years of real estate experience. Prior to joining Kimco, he was the Vice-President & Territory Risk Manager with GE Real Estate. He holds a Bachelor of Arts degree from York University’s (Economics), a law degree from Queen’s University.

Craig A. Geier, Independent Director

Craig A. Geier is currently the Chief Financial Officer of Energold Drilling Corp. after serving as the VP of Corporate Development from September 2009 – July 2011. Mr. Geier previously held the position of Chief Financial Officer of Sulliden Exploration Inc. (TSX:SUE) from 2007 to 2009. Mr. Geier also sits as the Chairman of the Board of Mircobonds Inc. and prior to joining Sulliden, was the Chief Executive Officer of Microbonds Inc. and remains a principal investor. From 1999 - 2000 Mr, Geier held the position of Executive Vice President, Trust Development with Residential Equities REIT and from 1990 to 1998 held various senior management positions at TrizecHahn Corp. Mr. Geier holds a Honours of Business Administration degree from the University of Western Ontario.

W. Glen Shyba, Independent Director

Glen is Executive Vice President and Chief Operating Officer of Osmington Inc. (“Osmington”) Osmington is a privately held owner and developer of commercial real estate, with a national presence. He has held the same position with Osmington since its inception in 1995, where he has corporate responsibility for acquisitions and dispositions, finance and treasury, and the firm’s development initiatives. He has led negotiations on purchase and sale transactions in excess of $2 billion, and has structured financing arrangements on various deals in excess of $700 billion. He has also executed numerous commercial development projects from initial design concept through to construction. Prior to Osmington, he was Vice President, Development for a major Canadian public company primarily engaged in large scale, mixed use and office real property development. He holds a Bachelor of Commerce degree from the UBC.

Derek Watchorn , Independent Director

For the past two years, Mr. Watchorn has been acting as a special advisor to the Armadale Co. Ltd. in connection with their proposed redevelopment of the Buttonville Airport land. Mr. Watchorn, a lawyer by trade, has extensive experience in the real estate industry through a variety of senior management and director positions he has held with both public and private organizations in Ontario and abroad. Mr. Watchorn was the President and Chief Executive Officer of Revera Inc. (formerly Retirement Residences REIT) from October 2004 until June 2009. Prior to that, he served in London, England as Executive Vice President of Canary Wharf plc from January 2003 until June 2004 and as Executive Director of TrizecHahn plc from January 1999 until June 2001. Before and after his senior management role with TrizecHahn, Mr. Watchorn was a senior patner of the law firm Davies Ward Phillips & Vineberg LLP, which he joined as a solicitor in 1968 and became partner of in 1970. During the period from 1987 to 2004 (excluding his tenure with TrizecHahn), Mr. Watchorn was a senior advisor to the Paul Reichmann family in Toronto and, in that capacity, during a three year period from 1987 until 1990, served on a seconded basis from Davies Ward as Executive Director Olympia & York Canary Wharf plc. Mr. Watchorn is a past Chairman of ORTEC (formerly the Ontario Research Foundation) and HSC Research Development Corporation (Hospital for Sick Children) and has been a director of a number of public and private corporations in Ontario and the UK. He is currently a director of Patheon Inc..

R. Blair Tamblyn, Executive Director and Chairman

Blair Tamblyn is a founding partner, CEO and President of Timbercreek Asset Management Inc. Mr. Tamblyn is also Chairman of the Board for the Timbercreek Mortgage Investment Corp (TMC-T). and has served as President of Timbercreek REIT. Blair has over 14 years of experience working with the public and private capital markets and has led the origination, structuring, capitalization and execution of seven distinct Timbercreek Funds that currently manage approximately C$1.9 billion in assets. Prior to founding Timbercreek in 1999, Mr. Tamblyn worked with Connor, Clark & Company where he was licensed as a Securities Trader. Mr. Tamblyn is a graduate of the University of Western Ontario, and is a graduate of the Rotman School of Business Director Education Program.