CREA Edge Newsletter

EDGE Communications from the

Portfolio Management Frontline

PAGE 1

October 24, 2019

WHAT IF MITCH DANIELS WERE PRESIDENT…

not apply to the current occupant of 1600 Pennsylvania Avenue. His body of work as Governor of Indiana is memorialized by setting aside differences and focusing on agreement of policy to attain growth and prosperity for all citizens of the state. He certainly was ahead of many regarding roads and infrastructure, a seemingly forgotten part of the 2016 campaign promises. Let’s pretend, for a just a moment, that the occupant of the White House is Mitch Daniels: addressed the press today with Chancellor Merkle from Germany who is here on a state visit. He discussed the working relationship between the President Daniels

European Union and the United States and the increase in trade. Now over 4%, he specifically cited the increase in the GDP of both the EU and the United States. This came upon the trade deal completed in 2018 with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The Transpacific deal, experts have noted, allowed for Japan to exit its 20-year deflationary slump and restart its economy. Once enacted, China halted its unfair trade practices - specifically, the unauthorized use of intellectual property.

by: Jeff Whiting, President & CEO

Vin Scully once eulogized a dying Los Angeles Dodgers rally by paraphrasing thepoet JohnGreenleaf Whittier with the observation, “The saddest words of tongue and pen are these: What might have been.” The topic at hand is a flight of fantasy. What might have been had Mitch Daniels run for President in 2016 and won the election? Let’s start with the tenor of today’s politics and progress to policy. Mitch Daniels was, and still is as the President of Purdue University, a cordial, civil and thoughtful individual. These three adjectives do Campaign Quarters is the adaptive reuse of the former Durbin Hotel and Knights of Pythias Lodge, that was rehabilitated in downtown Rushville, IN. Originally built in 1850, Campaign Quarters maintains its historic significance as part of the National Register of Historic Places. A fun fact to note: during the 1940’s the Durbin Hotel served as Wendell Wilkie’s... PROPERTY HIGHLIGHT: CAMPAIGN QUARTERS

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HR CONTENT

EMPLOYEE SPOTLIGHT: KEVIN KURUZAR

Kevin Kuruzar, Senior Vice President - Fund Management, joined CREA in July of 2012. Kevin oversees all aspects of Fund Management, including the management of day- to-day activities of CREA’s fund entities post-closing, all investor reporting, and maintenance of all active lower-tier and fund-level financial projections within the CREA portfolio...

by: Katy McShane

CREA has been hosting interns for over ten years. In fact, our first intern was current employee Brian Villa, VP - General Counsel who first came to us 11 years ago in the summer of 2008. Brian reconnected with CREA a few years later and joined us as a full-time employee in 2013...

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P2 WHAT IF MITCH DANIELS WERE PRESIDENT?, CONT. P3 PROPERTY SPOTLIGHT

P4 PORTFOLIO MANAGEMENT GETS ACTIVE FOR NUMEROUS CAUSES P5 AN INSIDE LOOK AT CREA’S INTERNSHIP PROGRAM

P6 EMPLOYEE SPOTLIGHT: KEVIN KURUZAR P7 GOOD TO KNOW

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