Keith L. Ray

Mr. Ray has been the Chief Executive Officer of Realvest Management, a privately-owned company with investments that include real estate, mortgages and other financing, since 2007. Previously, for 27 years until his retirement in 2007, Mr. Ray was a partner at KPMG and a predecessor firm where he carried the role of audit partner and relationship partner for various public and private real estate and finance companies. Since December 30, 2013, Mr. Ray has also been a Director of Firm Capital Apartment Real Estate Investment Trust (TSXV: FCA.U), a U.S focused real estate investment trust that pursues multi-residential income producing real estate and related debt investments. Since August 7, 2014, Mr. Ray has been a Director of Firm Capital Mortgage Investment Corporation (TSX: FC.), a real estate mortgage lender. Mr. Ray holds a Bachelor of Commerce degree from University of Toronto, and a CPA, CA designation. His community involvement includes sitting on the Board of the Jewish Foundation of Greater Toronto, where is currently Chair and sitting on the Board of UJA Federation of Greater Toronto.