"Mr. Alvarado is responsible for Allstate’s $3 Billion Real Estate Equity Group. The real estate equity group oversees six portfolios of equity investments: Global Real Estate Funds, Tax Credit Funds, Socially Responsible Investments, REO Asset Management, Joint Ventures and Separate Accounts. Mr. Alvarado has over 24 years experience in Real Estate investments, including direct real estate, asset management, REO foreclosures, joint ventures, operating companies, public REIT’s and fund investing. Mr. Alvarado also has substantial experience in Private Equity fund investing having led deals from 2000 through 2005. Mr. Alvarado joined Allstate in March, 1993 and was with Travelers Realty Investment Company from 1989 to 1993 and ABN/LaSalle Bank in Chicago from 1980-1989. Mr. Alvarado represents Allstate on a number of real estate fund advisory boards as part of his investment responsibilities. He is a member of the Urban Land Institute, NCREIF, NAREIT, PREA and is also on the Editorial Board of The Institutional Real Estate Letter, a real estate investment publication, and is frequently requested to speak at industry conferences. Mr. Alvarado has his RPA designation in commercial real estate and has completed leadership coursework at the Graduate School of Design at Harvard University. Mr. Alvarado has a Bachelor of Science in Finance from the University of Illinois and his MBA from Northwestern University’s Kellogg Graduate School of Management. Allstate Investments LLC manages over $105 billion in assets for Allstate’s various insurance lines, financial products and pension funds. The Real Estate Investment Group is the real estate investment platform of Allstate Investments, and has over $12 billion in assets including commercial mortgages and equity investments. "