MICHAEL S. MCGRATH, President & Chairman

Michael S. McGrath is President and Chairman of Asset Plus Corporation, a strategic partner of First Guardian Group responsible for property and asset management of select properties. Michael is responsible for all corporate planning and financial operations of Asset Plus, in addition to overseeing all activities of the operating divisions of the company.

Michael began his professional real estate career in 1977 where he served as Vice President of Houston-based Texas Capital Management Corporation responsible for acquisitions, management and leasing of multiple investment properties for a major California investment firm. His career expanded in 1984 as he invested two years in securities syndication and sales of investment real estate properties in Texas on direct participation programs such as the $52 million dollar Hershey Resort Hotel in Corpus Christi, Texas. This experience eventually led Michael to be appointed as Senior Vice President of Houston based Asset Plus Corporation during its inception in 1986. Michael was promoted to President and Chief Executive Officer in 1988 and later acquired Asset Plus Corporation from its institutional-based owner.

Additionally, Michael serves as investor and Co-General Partner on over $350 million in property acquisitions and developments undertaken by the investment affiliate of the company, and over the last 25 years has been involved in the analysis and operation of over a billion dollars of real estate investment properties. He is the former Founder and Chairman of Corporate Living and Relocation Services, the Founder and current Chairman of Asset Campus Housing, Inc., the Chairman of Asset Plus Corporation, and currently serves on the Board of Directors with W.E. Perry Realty Investment Funds. He is licensed with the Texas Real Estate Commission and has held Series 63 and 22 Securities Licenses with the National Association of Securities Dealer (NASD). He is a member of Houston Association of Realtors, Texas Association of Realtors and National Association of Realtors.