Non-Executive Chairman of the Board of Directors (Independent Director)
Stephen O. Evans is the Non-Executive Chairman of the Board of Directors and an Independent Director of the Board of CCIT III. Since 2000, Mr. Evans has served as the President of Evans Realty Associates, a private real estate investment company. Mr. Evans previously served as an Executive Committee Member and Trustee of Equity Residential, a publicly traded REIT, from 1998 to June 2010, and as Executive Vice President at Equity Residential from 1998 through 1999. In 1981, Mr. Evans co-founded and served as Chief Executive Officer and Chairman of Evans Withycombe Residential, a private multi-family housing investment, development and management company focused in Arizona and Southern California. In 1994, Evans Withycombe Residential became a publicly traded REIT and Mr. Evans served as its Chief Executive Officer and Chairman until its merger with Equity Residential in December 1997. Mr. Evans served as a Director of the Biltmore Bank of Arizona from 2004 to December 2012, and currently serves as a Director of Communities Southwest, a private land investment and development company. His business affiliations have included the Arizona Multi-Housing Association, Urban Land Institute, Lambda Alpha Land Economics Fraternity, National Multi-Housing Council and National Association of Real Estate Investment Trusts. Mr. Evans currently serves on the Board of Directors of Arizona Community Foundation, Arizona State University Foundation and Valley of the Sun United Way. Mr. Evans received a Bachelor of Science in Business Administration and a MBA from Arizona State University.