Financial Services >> CEO Interviews >> August 18, 2003

Gary Ralston – Commercial Net Lease Realty Inc (nnn)

KEVIN B. HABICHT, Executive Vice President, Chief Financial Officer, Secretary and Treasurer of Commercial Net Lease Realty, Inc., oversees all capital and financial reporting matters for the company. Mr. Habicht served as Vice President of Commercial Net Lease Realty from July 1992 through his appointment as Executive Vice President, Chief Financial Officer and Assistant Secretary in December 1993. He became Secretary and Treasurer in 1997. He became a member of Commercial Net Lease Realty's Board of Directors in 2000. Mr. Habicht served as Vice President of CNL Realty Advisors, the former external advisor of Commercial Net Lease Realty, Inc., upon its inception in 1991. He first joined CNL Group,the former parent company of CNL Realty Advisors, in 1983, serving as an officer of various company affiliates. From 1981 to 1983, Mr. Habicht was employed by the accounting firm ofCoopers and Lybrand. Mr. Habicht is a Certified Public Accountant and a Chartered Financial Analyst. He is a member of the International Council of Shopping Centers, the National Association of Real Estate Investment Trusts, the Association for Investment Management and Research and the Florida Institute of Certified Public Accountants. Profile
GARY M. RALSTON, President, Chief Operating Officer and a member of the Board of Directors of Commercial Net Lease Realty, Inc., is responsible for overseeing the real estate investment trust's overall operations. Mr. Ralston has guided the company's growth from less than $20 million in real estate assets to its current level of more than $1 billion. Mr. Ralston holds the Certified Commercial Investment Member, Society of Industrial and Office Realtors, Specialist in Real Estate Securities, Certified Property Manager and Counselor of Real Estate designations and is also a Florida licensed real estate broker, mortgage broker and certified building contractor. He is a member of ICSC, a full member of ULI, a Director of the CCIM Institute, a member of the Burns Counselor Board of the Franklin L. Burns School of Real Estate and Construction Management at the University of Denver, a former member of the Board of Governors of NAREIT, and was inducted as a Hoyt Fellow in 2001. Mr. Ralston is a frequent speaker and cited expert on net lease real estate and serves on the editorial advisory boards of Shopping Center Business, Institutional Real Estate Letter and Net Lease Forum. Profile
TWST: Start us off with a description of Commercial Net Lease Realty.

Mr. Ralston: (President & COO): Commercial Net lease Realty is an equity

real estate investment trust (NYSE, NNN). We