Bob Bourne has over 40 years of finance and investment experience in the capital markets, seniors housing, healthcare, hospitality, restaurant, retail, office, multifamily, and residential development sectors, and was formerly a Certified Public Accountant. Prior to helping found BFG in 2014, Mr. Bourne partnered with James M. Seneff, Jr. for over 40 years in building CNL Financial Group, serving as Vice Chairman and on the Board of Directors for many of CNL’s sponsored funds. Since its inception in 1973, CNL formed or acquired companies with approximately $30 billion in assets, including National Retail Properties (NYSE: NNN), Trustreet Properties, Inc. (sold to GE Capital in 2007), CNL Hotels & Resorts, Inc. (sold to affiliate of Morgan Stanley in 2007), CNL Retirement Properties, Inc. (sold to HCP in 2006), as well as several REITs that are still active, such as CNL Lifestyle Properties, Inc. and CNL Healthcare Properties, Inc. Mr. Bourne currently serves as Vice Chairman of CNLBancshares, Inc., the holding company for CNL Bank, a $1.2 billion bank with 16 branches in the State of Florida. Mr. Bourne also serves on the Executive Board of the Florida State University Center for Real Estate, the Foundation Board of Lake Highland Preparatory School, and on the Board of Directors of the Steadman Philippon Institute. Prior to helping start CNL, Mr. Bourne worked as a tax manager with Coopers & Lybrand, and is a graduate of Florida State University with B.A. in Accounting with honors.

Sharon Yester has nearly 30 years of experience in the seniors housing and healthcare industry, with a focus on seniors housing operations, development, and supporting capital markets efforts to enhance knowledge and exposure in the healthcare sector. Prior to joining BFG in 2015, Mrs. Yester served as CNL Financial Group’s Chief Healthcare Strategist from 2013 to 2015, and CNL’s Chief Asset Management Officer for its various REITs from 2011 to 2012. Mrs. Yester previously served Senior Vice President of Asset Management for CNL Retirement Properties from 2001 to 2007, and later HCP, Inc. after HCP acquired CNL Retirement Properties for $5.2 billion in 2006. Prior to joining CNL in 2001, Mrs. Yester served as President and Chief Operating Officer of EdenCare Senior Living and has held various leadership roles in the healthcare sector, including President of Resources for Senior Living and Vice President of Assisted Living Horizon Healthcare.

R. Kyle Bourne is responsible for all of BFG’s investment activities. To date, he has overseen the development and acquisition of seven seniors housing communities in three states, with assets under management of approximately $130 million. Prior to helping found BFG in 2014, Mr. Bourne served as an asset manager for CNL-sponsored funds and was responsible for overseeing a portfolio of 40 seniors housing communities, totaling approximately 2,700 units and over $530 million in assets under management. Mr. Bourne previously served as a Senior Financial Analyst for CNL-sponsored funds, and was responsible for underwriting approximately $1.3 billion in closed real estate transactions in the seniors housing, healthcare, ski, and attractions sectors. Mr. Bourne is a graduate of Baylor University with a B.B.A. with a concentration in Finance and Real Estate.

Constance “Connie” Lowry has nearly 30 years of accounting, finance and regulatory reporting experience in the real estate and capital markets industries, with a focus on financial and regulatory reporting. Prior to joining BFG in 2015, Mrs. Lowry served in various capacities at CNL Financial Group for nearly 25 years, including from 2011 to 2015 as a consultant regarding accounting and financial reporting matters for various REITs and a business development company (BDC), and from 1988 to 2008 in various roles including Chief Financial Officer and Financial Operations Officer of its broker-dealer firm and Senior Vice President overseeing the accounting and SEC reporting for 21 public, non-listed REITs and real estate limited partnerships in the restaurant, retail, hospitality and senior housing sectors. From 2008 to 2010, Mrs. Lowry served as Chief Financial Officer and Chief Compliance Officer of DePrince, Race and Zollo, a boutique investment firm serving institutional clients. Prior to joining CNL in 1988, Mrs. Lowry worked as a Senior Auditor with Coopers & Lybrand, CPAs and on the audit staff of two local CPA firms in the Orlando area. Mrs. Lowry is a graduate of the University of Central Florida with a B.A. in Accounting.