James C. Mastandrea

This is a page dedicated to get more information for investors to evaluate the management style of James C. Mastandrea who is a Chairman of Paragon Real Estate.

Here on this page we are inviting all readers to discuss James C. Mastandrea. You may anonymously post comments with any information that they have about James C. Mastandrea. You can post comments about their management style or whatever you want to talk about concerning their ability as an executive. Please refrain from personal attacks.

Here is a copy of personal Bio that we found:

Mr. Mastandrea, our Chairman of the Board, Chief Executive Officer and President, is a member and the manager of Paragon Real Estate Development, LLC and John J. Dee, our Chief Financial Officer and a trustee, is also a member of that entity. Mr. Mastandrea and Mr. Dee have 12,233,738 restricted common shares and 161,410 restricted preferred shares each convertible into 22.881 common shares. Mr. Mastandrea and Mr. Dee assigned their common and preferred shares to Paragon Real Estate Development, LLC. Mr. Mastandrea also purchased 28,432 common shares on the open market in 2004. In addition, Hampton Court Associates owns 813,938 units in Paragon Real Estate, LP, which may be converted into cash, or at our option, 18,623,715 common shares at any time after July 1, 2007. Mr. Mastandrea is the general partner of Hampton Court Associates and owns directly or indirectly 325,575 of these units, which may be converted into 7,449,481 common shares or cash, at our discretion. If Mr. Mastandrea caused Hampton Court Associates to redeem all of the limited partnership units in Paragon Real Estate, LP, and we elected to convert such units into common shares, and if the preferred shares held by Paragon Real Estate Development, LLC were converted into common shares, then including the other common shares held by Paragon Real Estate Development, LLC, and if all exercisable options were exercised, Mr. Mastandrea would own or have the right to vote approximately 67.3% of our common shares. Consequently, he would have the ability to approve some matters requiring the vote of shareholders which may result in corporate action with which you do not agree.