Financial Services >> CEO Interviews >> December 1, 2002

Steven Le Blanc – Summit Properties Inc (smt)

STEVEN R. Le BLANC joined Summit Properties Inc. in 1998 as President, Chief Operating Officer and a Director of the company. He was promoted to Chief Executive Officer on July 1, 2001. Mr. LeBlanc graduated from The University of Texas in 1980 with a BBA degree in Real Estate and Finance. Prior to joining Summit Properties, Mr. LeBlanc served as President of Urban Growth Property Trust from 1997 to 1998, where he developed the company's strategic business plan, orchestrated the transition to REIT status and initiated over $200 million in acquisitions and developments. From 1992 to 1997, Mr. LeBlanc served in a number of senior management positions with Archstone Communities Trust where he was responsible for the development and acquisition of 11,000 apartment homes and the purchase of land for an additional 10,000 apartment homes. From 1984 to 1992 Mr. LeBlanc was a partner with Lincoln Property Company, where he was a member of the senior management team and was responsible for the management of 17,000 apartments as well as the firm's acquisition and development activities throughout Texas and the Northeast. Mr. LeBlanc is a member of the Board of Directors of the National Multifamily Council and a member of the Urban Land Institute. He is currently on the Board of Directors for St. Peters Homes, Charlotte, North Carolina, and Vice Chair of the Real Estate Roundtable Environmental Advisory Committee. Mr. LeBlanc has taught real estate courses at Austin Community College in Austin, Texas. He has served on the Boards of Directors of the Rio Grande School and the Santa Fe Pro-Musica. Profile
TWST: Can we start out with an update on Summit, what's gone on

over the past year or so that investors should focus on?

Mr. LeBlanc: First, let me start by talking about the history