Fiduciary Real Estate Development CEO and leadership

Austin J. Mautz is the Chief Financial Officer and Vice President of Fiduciary Real Estate Development, Inc. (“FRED”). Austin has been with FRED since 2017, and oversees all aspects of the finance, accounting, and capital markets functions of the company and its subsidiaries, including sourcing and structuring acquisition and development financing, ongoing asset management, as well as investor relations and reporting.

Prior to joining Fiduciary, Austin was a Director and Senior Vice President of Commercial Real Estate at BMO Harris Bank. Throughout his 17 year career at BMO Financial Group, he was involved in hundreds of transactions involving acquisition and development financing primarily related to Multifamily, For-Sale Residential, and Mixed-Use properties.

Austin holds an undergraduate business degree in Real Estate and Urban Land Economics from the University of Wisconsin-Madison (BBA 2000), and a Master’s in Business Administration from Marquette University (MBA 2013) in Milwaukee, WI.

He is currently a full member of the Urban Land Institute (“ULI”), having participated in the ULI-NEXT Global Council, as well as the ULI Chicago District Product Council on Urban Development and Mixed-Use Development. He is an active member of the Board of Advisors at the Graaskamp Center for Real Estate at the UW-Madison School of Business, a member of the Wisconsin Board of Directors of CommonBond Communities, and a member of the Board of Directors of the Betty Brinn Children’s Museum.

Steve Bersell is the Chief Operating Officer and General Counsel of FRED. Steve has been with the Company since 2012 and is responsible for all development operations, acquisitions, dispositions, legal matters, and risk management.

Steve’s professional background includes practicing law, real estate development, and commercial real estate brokerage. Steve holds a JD/MBA from the DePaul University College of Law and a BBA in Finance and Real Estate from the University of Wisconsin at Madison. Steve is a licensed attorney and real estate broker in both Wisconsin and Illinois.

Steve is an active and longtime volunteer as a member of the Board of Review for the City of Mequon, the Boy Scouts of America and Ozaukee Congregational Church. Steve has also been an active member of his community as a board member and coach for numerous youth sports.