Barclay G. Jones

BARCLAY G. JONES III became Executive Vice President ‘ Investments of
iStar Financial in March 2000 when iStar Financial merged with ACRE
Partners. Mr. Jones was a principal at ACRE Partners LLC, a leading
real estate investment firm specializing in investing in and developing
real property assets for corporations using the corporate net lease or
sale-leaseback financing structure. From 1982 to 1998 Mr. Jones served
in a variety of capacities including Vice Chairman and Chief
Acquisitions Officer of W.P. Carey & Co., Inc., one of the nation’s
largest real estate investment banks, where he was responsible for
originating in excess of $2 billion of sale-leaseback financing and in
excess of $1 billion of mortgage placements. During his tenure at
Carey, the firm grew from fewer than 10 employees to over 70 and from
approximately $100 million in assets to over $2.5 billion. Mr. Jones is
a graduate of the Wharton School at the University of Pennsylvania.