History

Carl Greenwood

Carl Greenwood attended Stanford University, graduating in 1964 with a degree in Economics. After three years as an Officer in the United States Navy, he joined the family business in the Fall of 1967. Carl’s father, Charles, began working in the real estate field in Tustin in 1948, and opened his own office in 1956. The original company name was Charles F. Greenwood, Real Estate Investments. The name was changed to Charles F. Greenwood & Son in 1971. Carl became a partner in the firm in 1973, and acquired it from his father in December, 1976 and shortened the company name to Greenwood & Son in 1979. DRE # 00354857

Jim McKenzie

Jim McKenzie attended U.C. Irvine, graduating in 1986 with a degree in Social Ecology, specializing in Environmental Health and Urban Planning. Since graduating Jim has held a wide array of positions in the real estate and development fields. Prior to joining Greenwood & Son on July 1, 1999, Jim was an Appraiser for the firm of Mawhinney & Associates, which specializes in commercial and investment property valuations in California, Arizona and Nevada. The main thrust of these assignments entailed litigation and expert witness assignments. Jim became a partner on January 1, 2000, and the company name was changed to Greenwood & McKenzie in May, 2006.

Accomplishments

Between 1956 and 1967, Charles Greenwood was involved as a principal in thirty real estate investment properties, including twenty syndications. From 1967 through 1976, Charles and Carl were involved as principals in fourteen syndications, consisting of four undeveloped land and ten income producing properties. After becoming sole owner, Carl was involved in the formation of twenty-nine syndications up until the time that Jim became a partner.

Carl is currently the general partner in fifteen limited partnerships, the manager in two limited liability companies (“L.L.C.’s”) and the manager for one Tenant-In-Common (“TIC”) ownership group; Greenwood & McKenzie is the manager in sixteen L.L.C.’s, the general partner in six limited partnerships and the manager for one TIC ownership group. Two own properties in Southern California, thirty-three in Arizona and six in Texas.

Greenwood & McKenzie is also responsible for both the asset and professional property management of ten apartment projects, one self-storage facility, one single-family residence, three commercial buildings, four industrial buildings, four industrial/office buildings and ten office buildings in Southern California; and seven industrial buildings, one industrial/office building, five commercial buildings, two Sports Clubs, five office buildings and two land parcels in Arizona.

The estimated fair market value of all of the above ownership interests in the entire portfolio of projects, containing 3,938,349 square feet, is about $628,000,000, with an estimated net equity of about $280,000,000. In addition, three investor groups have $9,277,100 loaned on various development projects and land in the Phoenix area, five investor groups have $11,300,000 loaned on four buildings and one investor group has $5,000,000 loaned on land in Prescott, Arizona.

Summary of Properties

Properties: 80
Building Square Footage: 3,938,349
Fair Market Value: $628,000,000