Prior to starting Pacific Kies, Inc. in late 2005, Peter Kiesecker spent five years leading the turn-around of a Land Development Company whose assets consisted of over $250 million of unapproved land in California and Nevada. These properties included: a 10 acre “brownfield” site containing numerous environmental and agency approval issues; a 200 acre commercial site improved for Casinos and Timeshares on Las Vegas Boulevard; and a 1,600 acre cattle ranch rezoned to residential and a golf course. Working closely with the Company’s venture capital investment group, Peter designed a restructuring plan that focused on a core asset strategy, significant operational re-organization and refinancing through joint ventures and new lending sources. Within a four year period the reorganized company achieved the following critical re-zoning and land use approvals for most of its properties.

• Local Anti-Growth Ballot Initiative
• State Legislation
• General Plan Amendments
• Specific Plans
• Environmental Impact Reports
• Development Agreements
• Affordable Housing Agreements
• Senior Housing Agreements
• Conservation Easements
• Remediation Action Plans
• Agency Permits

Once the approvals were achieved the Company sold the land holdings to national residential and commercial developers, enabling the Company and investors to realize significant returns on its core investments.

In addition to his specific land entitlement ventures, Peter Kiesecker has spent 18 years in the land development and home building industry including being a founding member of Greystone Homes. The Company started in 1991 with three employees and grew to one of the top 10 western builders in 1997 with over 450 employees. Having held a variety of positions at Greystone, Peter was promoted to President in 1995 with direct responsibility of seven divisions throughout California, Arizona and Nevada. The successful growth and operation of the Company allowed it to complete an Initial Public Offering on the New York Stock Exchange and Public Debt Offerings. Greystone later merged with Lennar Homes to create one of the largest builders in the country.

Prior to Greystone Peter worked for Brock and Ryland Homes where he held numerous position at both the division and corporate offices of these organizations. During his tenure at Ryland Homes, he spent several years working at its Columbia, Maryland corporate office doing strategic planning and land joint ventures for 27 divisions in 14 states.