Executive Team The Rappaport Companies

The Rappaport Companies’ portfolio includes more than 45 shopping centers and ground floor retail in some 100 mixed-use properties, both residential and office, located primarily throughout the mid-Atlantic region. Mr. Rappaport is Principal Partner for approximately 5 million square feet of the shopping centers managed by The Rappaport Companies.

Mr. Rappaport began his career in real estate as President of Par Construction Corporation, a homebuilding company responsible for the construction of several hundred single-family homes and town houses. Later, he was President and Chief Operating Officer of Combined Properties, a shopping center development, management and leasing company headquartered in Washington, D.C.

A former Chairman and Trustee of the International Council of Shopping Centers, Mr. Rappaport is the only Chairman to date to hold all four ICSC designations, SCSM, SCMD, SCLS and CDP. He serves on ICSC’s Audit, Nominating, Government Relations, Long Range Planning and PAC committees and as an instructor for the University of Shopping Centers and for the Executive Learning Series. He is a former member of ICSC’s Executive Committee.

Mr. Rappaport currently serves on the Washington, D.C. Economic Partnership Board and as an annual guest instructor at Johns Hopkins University and Georgetown University. He was a past Entrepreuer in Residence at the Wharton School of the University of Pennsylvania. Mr. Rappaport continues to lobby at the state and federal government levels on many issues important to the Shopping Center industry.

Prior to joining The Rappaport Companies, Stephen served as Vice President and Chief Operating Officer for the National Automobile Dealers Association where he ran the Official Used Car Guide Company. His background includes 15 years of experience in real estate, where he held positions in finance with Charles E. Smith Realty and The Buchanan Companies. He also has extensive operations and business consulting experience with technology and eCommerce firms in the automotive and other industries. Stephen was a Controller at The Rappaport Companies from 1993 to 1998, and re-joined the company in 2006 as Chief Operating Officer.

He holds a B.B.A. degree in Accounting & Finance from Radford University in Virginia and is a Certified Public Accountant and Certified Information Technology Professional. Stephen is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants. He is also an Associate Member of the International Council of Shopping Centers (ICSC).

Henry has 20 years experience in commercial real estate. At Charles E. Smith Commercial Realty he served as Senior Vice President and as the Department Head for the Retail Division. He has vast experience with many different retail types, including urban, mixed-use, neighborhood, lifestyle and power centers. Projects completed include: 1140 Connecticut Avenue,1666 K Street, Crystal City Redevelopment, Fairfax Square Luxury Retail, Bristow Center and the largest power center inside the Capital Beltway - Potomac Yard Center.

He holds a Certified Commercial Investment Member (CCIM) designation and is active in the International Council of Shopping Centers, serving on the Mid-Atlantic Idea Exchange Program Committee. Henry is a member of the Urban Land Institute and serves on the Board of Directors for the Foundation Board of Children’s National Medical Center, the Washington Tennis and Education Foundation and the Washington, D.C. Economic Partnership.

In addition, Larry is the Managing Partner for Sunrise Shopping Center, a 75,000-square-foot center in Oxon Hill, Maryland he purchased in 2002. The center was 30 percent vacant and suffered from significant deferred maintenance. Through an aggressive redevelopment plan, Larry renovated the center in 2003, attracting national tenants such as Subway and Jackson Hewitt. The center is now fully leased, and within 24 months, Larry was able to refinance the center with a 10-year permanent loan and to return 65 percent of the equity contribution to the equity partners.

Larry is an Associate Member of the International Council of Shopping Centers (ICSC) and holds a Construction Development Professional (CDP) designation. He is ICSC’s MD/DC/VA State Operations Chair and has served on the Mid-Atlantic Idea Exchange Planning Committee.

Prior to joining The Rappaport Companies, Frank was Senior Vice President of Accounting Services for Republic Property Trust, a publicly traded commercial real estate investment company and Chief Financial Officer of Republic Properties Corporation, a commercial office development company. At Republic Property Trust, he was responsible for the financial and accounting aspects of the trust’s public offering, which raised $250 million.

Frank has almost 20 years experience in the Washington, D.C. real estate market, working for management and development companies such as Kaempfer Management Services, Cassidy & Pinkard, Ronald Cohen Investments and Hazel/Peterson Companies. He is a Certified Public Accountant and holds a Masters of Science degree in Taxation from George Mason University and a Master of Business Administration from George Washington University. Frank earned his undergraduate degree in Accounting from Virginia Tech.