AZURE DEVELOPMENT - Key Persons

Mr. Grossberg co-founded Azure Development in 2013 with the objective of bringing his passion for quality design and flawless construction to the coastal communities of south Palm Beach County. For over a decade prior to founding Azure Development, Mr. Grossberg managed all operations and financial functions for a real estate development firm and production homebuilder focused on residential, commercial and mixed-use developments throughout South Florida. Mr. Grossberg was also an Investment Professional at GE Equity, the private equity arm of General Electric. During his tenure with GE Equity, he served on the Board of Directors of numerous companies and as an Advisory Board member to several venture capital firms. Prior to GE Equity, he worked in the Financial Advisory Services Group of PricewaterhouseCoopers, where he consulted on mergers and acquisitions. Mr. Grossberg also worked in the Real Estate Tax Consulting Practice for Price Waterhouse in Atlanta, GA. Mr. Grossberg holds an MBA from Duke University, where he graduated second in his class and was a Fuqua Scholar. He also holds a Masters and BS in Accounting from the University of Florida. In addition, Mr. Grossberg is a Certified Public Accountant. Mr. Grossberg resides in Boca Raton with his wife of 25 years and two daughters.

Mr. Bieber has been in the construction industry for his entire professional life, starting with his high school years working on residential and commercial jobsites for a local electrician. He cemented himself in his career by earning an undergraduate degree in Construction Management from the University of Florida. In the ten years prior to joining the team at Azure, Nick worked with his father at a local commercial general contracting firm building various commercial tenant improvements and ground-up construction projects in Palm Beach, Broward and Miami-Dade counties. Nick is a Certified General Contractor and oversees all construction operations for Azure Development's Residential, Commercial and Multi-Family projects. His mission is to bring the partners' vision into reality and to provide unsurpassed client satisfaction. Mr. Bieber lives in Boynton Beach with his wife, young son and daughter.

Mr. Caster has a thirty-five year history of real estate development in Florida. He started his career in commercial property development, working in every discipline from acquisitions to leasing, finance, construction and management. In the late 1980s, Mr. Caster began managing broken land sale subdivisions and coordinated redevelopment programs using community development districts. He created new subdivisions with uses ranging from retail centers to industrial and office parks to amenitized residential communities. Starting in the year 2000, Mr. Caster began focusing on in-fill development along the eastern coast of South Florida, mostly in downtown areas using existing infrastructure, where he assembled multiple properties, obtaining new land use and zoning approvals to support mixed-use development. Mr. Caster has a BS degree from Northwestern University and an MBA degree from the University of Miami. Mr. Caster has three grown children and lives in East Delray Beach with his wife of 39 years.