Financial Services >> CEO Interviews >> May 17, 2004

STEVEN LEBLANC – SUMMIT PROPERTIES INC (SMT)

STEVEN R. LeBLANC, President and CEO of Summit Properties Inc., joined the company in 1998 as President, Chief Operating Officer and a Director of the company. He was promoted to Chief Executive Officer on July 1, 2001. Mr. LeBlanc graduated from The University of Texas in 1980 with a BBA in Real Estate and Finance. Prior to joining Summit Properties, Mr. LeBlanc served as President of Urban Growth Property Trust from 1997 to 1998, where he developed the company's strategic business plan, orchestrated the transition to REIT status and initiated over $200 million in acquisitions and developments. From 1992 to 1997, Mr. LeBlanc served in a number of senior management positions with Archstone Communities Trust, where he was responsible for the development and acquisition of 11,000 apartment homes and the purchase of land for an additional 10,000 apartment homes. From 1984 to 1992 Mr. LeBlanc was a Partner with Lincoln Property Company, where he was a member of the senior management team and was responsible for the management of 17,000 apartments as well as the firm's acquisition and development activities throughout Texas and the Northeast. Mr. LeBlanc is a member of the Boards of Directors of the National Multifamily Council, St. Peters Homes, Penland School of Crafts, and Mecklenburg Council on Homelessness Inc. He has served on the Board of Directors of the Rio Grande School and the Santa Fe Pro Musica. He is a member of the Urban Land Institute, the Real Estate Advisory Board of the University of North Carolina, and the Chair of the Real Estate Roundtable Environmental Advisory Committee. Mr. LeBlanc has taught real estate courses at Austin Community College in Austin, Texas. Profile
TWST: Could we begin with a brief historical sketch of Summit Properties

and a picture of the most important things that have been happening

recently?

Mr. LeBlanc: Summit is a apartment real