Robert L. Muller II. Redacted Peachtree City, GA 30269

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1 Robert L. Muller II Redacted Peachtree City, GA (770) Redacted Objective: Accomplished corporate/commercial real estate professional with three decades of experience in all areas of real estate including development, investment property acquisition and disposition, leasing, construction, facilities and asset management seeks opportunity that will create value for a given entity. Professional Highlights: Successfully executed over $1 billion in real estate developments and transactions of all types. Real estate experience on a national scale with a primary focus in the southeast. Effectively managed multiple teams of professionals to achieve specific goals and objectives. Broad understanding of capital markets and joint venture structures. Expert Witness for condemnation and property evaluation cases. Certified Commercial Investment Member (CCIM) since 1987 and a Registered Appraiser in Georgia. Experience: Medical Management Associates, Inc. & MMA Real Estate Advisors, LLC 2010 to Present Director of Real Estate and Qualifying Broker Responsible for executing and overseeing all real estate activities for the companies. Services include fair market valuations, lease, site and acquisition/disposition, and fee development. Scope of services include economic lease analysis, development budgets including all hard and soft costs, stabilized income statements, discounted cash flow and feasibility analysis. Review of distressed properties for owners to include current value, marketing/feasibility analysis to position properties for turn around. Review of financing, ownership, and joint venture documents to assess current status and develop a plan to minimize losses and maximize property value. Group VI Corporation Development, Construction, and Real Estate 1997 to 2009 President and Qualifying Broker Responsible for company s development projects, i.e., site selection, design and construction oversight, feasibility analysis, financing, lease s, and ownership structure. Qualifying Broker for commercial real estate division. Asset Manager for real estate portfolio valued in excess of $200M. Accomplishments: Developed and leased medical office space both on and off hospital campuses. Master planned and developed several mixed-use projects that included apartments, single family residential, commercial, and office properties. Contributed to the expansion of all company divisions, i.e., employee increase from 40 to 87 and annual construction volume increase from $10M to $50M. Recognized by the Atlanta Business Chronicle as one of the top 50 fastest growing small companies for three consecutive years. CARTER (f/k/a Carter & Associates) 1987 to 1997 Vice President Investment Property & Capital Markets Group Sold, financed, or joint ventured real estate investments with a focus on the Southeastern United States. Established and maintained relationships with real estate owners and investors including Fortune 500 companies, life insurance companies, pension funds, and foreign investors. Assisted company with investment and financing decisions for CARTER s $800M real estate portfolio. Accomplishments: Sold, financed, or joint-ventured over $600M of retail and office properties in the Southeast.

2 Robinson Humphrey Properties 1983 to 1997 Vice President Managed and assisted in all areas of real estate development. Developed projects for affiliated companies, i.e., Fireman s Fund and American Express. Accomplishments: Development of Phase II of the Atlanta Financial Center (220,000 SF) on top of Georgia Highway 400. American Express s Regional Operation Center (150,000 SF) in Ft. Lauderdale, Florida First National Bank of Chicago 1982 to 1983 Real Estate Analyst Identified and underwrote investment opportunities for the bank s pension fund clients. Southeast focus for office, industrial, and apartments. TMW Real Estate 1981 to 1982 Real Estate Analyst Assisted foreign investors, primarily German and Swiss, in purchasing U.S. real estate. Responsible for analyzing and negotiating the acquisition of retail, office, and apartment properties. Asset manager that included lease approval, cash flow management, established and managed property budgets. Provident Trust Company 1979 to 1981 Mortgage Banker Nashville, TN Represented financial institutions in identifying, underwriting, and negotiating financing and joint venture structures in Tennessee. Education: University of Tennessee Bachelor of Science Business Administration Dual Major: Finance and Real Estate, Cum Laude CCIM, Certified Commercial Investment Member, National Association of Realtors Registered Appraiser in Georgia Mortgage Bankers Association of America Financing and underwriting courses Appraisal Institute of America Valuation classes for MAI designation LEED Introduction to LEED, Design and Construction Knoxville, TN References upon request.

3 REAL ESTATE SERVICES MMA Real Estate Advisors, LLC ( MMAREA ), an affiliate of Medical Management Associates, Inc. ( MMA ), is a full service real estatee company dedicated to serving the commercial real estate needs of physicians and other health care providers. The real estatee needs of health care providers are unique and MMAREA is uniquely qualified to meet these needs. MMAREA services include, but are not limited to the following: Site identification and acquisition for development of a medical office. Tenant representation, identify appropriate office space and assist with lease. Office space design and finish selection. Fee Development, management of the entire development process. Acquisition of an existing. Disposition of excess real estate for current owner. Sale and leaseback of an existing. Site identification and acquisition: Identify the general market for client s practice based on demographics and competition in a specific area. Review and analyze available sites. Manage the due diligence process to insure the site can be developed for its intended use at an appropriate cost. Manage the closing process by working with the attorneys, financing sources, and other professionals. Tenant Representation for Leasing: Negotiation of a new lease Once a general market area has been determined the next step is to identify all of the properties that are capable of meeting the needs of the practice. Once identified it is important to solicit competitive lease bids from the various landlords to determine the best location, with the best pricing, and with the most favorable lease terms and conditions. This involves reviewing and negotiating the lease and assuring that all the necessary terms and conditions that are important to our client are included. Sub lease of space from or to another entity. Sub leasing space on a full time basis or as a time sharing arrangement can often be the best solution. We have experience with proper documentation and defining the details of the business issues of sharing or subleasing space. Lease renewal. Just like with a new lease the goal is to minimize the rent and maximize the tenant s benefits which includee tenant improvement funds to update or modify the space. The best terms are achieved by creating a competitive environment with the existing landlordd and engagingg a real estate broker to review and negotiate the lease. Office Relocation. A current location may no longer meet the needs of the practice. The objectives must be defined and knowledgee of the properties that will meet the objectives identified. Office Expansion. Negotiating space expansion is as important as negotiating a new lease. Lease Administration. Accurately managing operating expense charges and negotiating issues between the tenant and the landlord requires experience and expertise.

4 Office space design and finish selection: All of the facility planning needs. We have designed thousands of medicall offices. We emphasize thorough programming of space requirements and understanding of patient and staff traffic flows prior to proceeding with design. We are well qualified to translate a client's description of spatial needs. Our facility planning services include space planning, interior design, equipment planning, construction administration and project management. An efficient and functional office design is critical to the day to dayy operation of a medical office. We have successfully designed over 2,000 offices for all specialties including imaging and surgery centers. MMA has extensive experience in designing thesee highly regulated spaces. MMA manages the approval process with the state for either Certificate of Need ( CON ) or Letter of Non Reviewability ( LNR ). Finish selection, i.e., carpet, wall coverings, lighting, cabinet selection, significantly impacts the cost to construction a medical office. Cost effective finish selection with the client s image and desires in mind require balancing these variables, which MMA has extensive experience in achieving for its clients. MMA can provide furniture, fixtures, equipment, and medical supplies through our affiliate. Fee Development, management of the entire development process including: Site selection and purchaser s due diligence. Oversight of shell and interiorr design to achieve client s goal cost effectively. Construction management including managing the competitive bid process. Feasibility Analysis o Ownership structure o Debt and equity options o Rental Rate calculation o Return on investment determination o Refinancing decisions o Hold verse sell analysis o Leasing agent for excess office space o Asset management services, including lease administration Acquisition of an existing : Identify and underwrite a site or a for purchase and occupancy by a medical user. Perform and manage the due diligence process for the purchaser to avoid unexpected costs and to establish value. Own verses lease analysis. Disposition of excess real estate for current owner: Appraise a for an owner that wants to vacate and sell theirr property. Market the property for sale on behalf of the owner. Contract from the seller s perspective. Manage the closing process to achieve a successful closing. Sale and leaseback of an existing : Appraise a for an owner that wants to continue to occupy their but no longer wants to own their property. Determine the appropriate rental rate for tenant to pay to the new owner. Market the property for sale on behalf of the owner. Contract and lease from the seller/tenant s perspective. Manage the closing process to achieve a successful closing.

5 ROBERT L. MULLER, II Director of Real Estate Services Robert L. Muller, II is Director of Real Estate Services of MMA Real Estate Advisors, LLC ( MMAREA ). Mr. Muller established MMAREA in 2010 after having been involved in corporate and commercial real estate for over three decades. His area of expertise includes development, property acquisition/disposition, leasing, and asset management. Mr. Muller received his undergraduate degree from The University of Tennessee. He is a licensed real estate broker and a registered appraiser in Georgia. Mr. Muller has been a Certified Commercial Investment Member (CCIM) of the National Association of Realtors since PROFESSIONAL EXPERIENCE 2010 Present Director of Real Estate Services MMA Real Estate Advisors, LLC 1997 to 2010 Executive Vice President and Qualifying Broker Group VI Development & Real Estate 1987 to 1997 CARTER (f/k/a Carter & Associates) Vice President Investment Property & Capital Markets Group 1983 to 1987 Vice President Development Robinson Humphrey Properties 1982 to 1983 Real Estate Analyst Acquisitions First National Bank of Chicago 1981 to 1982 Real Estate Analyst Acquisitions TMW Real Estate 1979 to 1981 Mortgage Banker Commercial Lender Provident Trust Company EDUCATION BS University of Tennessee Dual Major: Finance and Real Estate, Cum Laude

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7 This is a partial list of Mr. Muller s medical real estate experience prior to joining MMA Real Estate Associates. Creekside Professional Medical Office Building 6095 Professional Parkway Douglasville, Georgia 53,0000 Square Feet Site Acquisition and development Lease for a 25,000 SF lease Ownership and Financing structure Development Manager Medical Park Drive Office Building 3825 Medical Park Drive SW Austell, Georgia 25,000 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager Newnan Lakes Medical Office Building 710 Newnan Crossing Bypass Newnan, Georgia 25,800 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager Piedmont Fayette Medical Office Building Highway 54 Fayetteville, Georgia 64,0000 Square Feet Site Acquisition (long term ground lease). Lease marketing and for entire Ownership and Financing structure Development Manager Piedmont Fayette Medical Office Building Two 1267 GA Highway 54 West Fayetteville, Georgia 100,800 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager South Cherokee Medical Center 120 Stonebridge Parkway Woodstock, Georgia 64,000 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager Village Center Parkway 200 Village Center Parkway Stockbridge, GA 26,0000 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager White Oak GA Spine & Pain Center Highway 34 Newnan, Georgia 9,700 Square Feet Site Acquisition and development Lease marketing and for entire Ownership and Financing structure Development Manager Tower Road Medical Office Building Marietta, Georgia Feasibility analysis, including preparing the development budget along with stabilized operating projections Ownership structure Manage design and construction process Long term lease Assist with financing Marketing of excess space for lease to other medical users

8 This is a partial list of Mr. Muller s medical real estate experience prior to joining MMA Real Estate Associates. Marietta Dermatology Medical Office Building Marietta, Georgia Build to suit for single tenant occupancy Feasibility analysis, including preparing the development budget along with stabilized operating projections Manage design and construction process Assist with financing 721 Wellness Way Lawrenceville, GA Feasibility analysis, including preparing the development budget along with stabilized operating projections Ownership structure Manage design and construction process Long term lease n Assist with financing Marketing of excess space for lease to other medical users

9 This is a partial list of Medical Management Associates real estate projects. Lanier Interventional Pain Center, LLC 2335 Limestone Overlook Gainesville, GA ,200 Square feet Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Gastroenterology Associates of Gainesville, P.C Limestone Overlook Gainesville, Georgia Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Woodstock Medical Development Thomas Eye Group, 149 Towne Lake Pkwy Woodstock, GA 6635 Square Feet Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Piedmont Plastic Surgery and Dermatology 959 Cox Road Gastonia, North Carolina Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Renaissance Plastic Surgery Center 4030 Riverside Park Blvd. Macon, GA ,470 Square Feet Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Fresenius Dialysis Clinic Acworth, Georgia Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Fresenius Dialysis Clinic Hiram, GA Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing Fresenius Dialysis Clinic Austell, GA Build to suit for single tenant occupancy Identification of site and contract Ownership structure Long term lease Assist with financing

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