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JIM LANGDALE

PRINCIPAL

Mr. Langdale serves as a founding Principal of Pannon Capital, bringing a distinguished career in executive leadership and corporate governance to the firm’s senior team. As former President and CEO of The Langdale Company, Jim led one of Georgia’s most established private enterprises through complex
operational and strategic challenges – developing the executive discipline and long-term thinking that translate directly into sound real estate investment
stewardship.

His tenure as CEO of Blue Wolf Capital’s portfolio company BWSLC Holdings, LLC further demonstrates his ability to operate within institutional investment
frameworks, manage performance-driven mandates, and lead organizations through periods of growth and transformation. This private equity operating experience gives Jim a firsthand understanding of the investor-operator relationship and the standards that institutional capital demands.

Jim’s board service across the Georgia Rural Development Council, the Board of Registration for Foresters, NAFO, and multiple forestry industry boards reflects a career built on trusted leadership and community impact well beyond the boardroom. He holds a BFA in Communications from Valdosta State University, and brings to Pannon Capital the credibility, network, and governance experience of a seasoned chief executive.

Wesley Wilson SR.

PRINCIPAL

Mr. Wilson serves as a founding principal of Pannon Capital, bringing more than 25 years of experience as a real estate investor, entrepreneur, and licensed
contractor to every aspect of the firm’s investment strategy. His background spans co-working office spaces, single-family transitions, and multifamily and student housing acquisitions – a breadth of experience that gives him a ground-level understanding of how assets are built, operated, and optimized across property types and market cycles.

Wesley’s hands-on expertise as a licensed contractor since 1998 provides Pannon Capital with a distinct operational edge – the ability to assess physical
MIKAEL KOHLER asset condition, renovation scope, and capital needs with a precision that UNDERWRITER
purely financial operators often lack. This perspective directly informs the firm’s value-add underwriting assumptions and its ability to deliver renovation projects on time and within budget, protecting investor returns from the earliest stages of execution.

In the past twelve months alone, Wesley has partnered on or directly invested in nearly 1,200 student housing beds, reflecting both his deal flow capacity and his conviction in the student housing sector as a long-term wealth creation vehicle. Wesley studied at the University of North Georgia and Kennesaw State
University, and has spent the decades since building a reputation as an operator-investor who leads from the field as much as the boardroom.

KEITH WALKER

EXECUTIVE VICE PRESIDENT
OPERATIONS & ACQUISITIONS

Mr. Walker serves as Pannon Capital’s Executive Vice President of Operations and Acquisitions, bringing more than 25 years of hands-on leadership across
multifamily, student housing, HOA, and commercial real estate. His role spans acquisition due diligence and onboarding through stabilization, performance
optimization, and disposition. Keith oversees multi-market portfolio management, coordinates large-scale capital projects, and ensures each property performs to its highest potential.

Throughout his career, Keith has built a track record of delivering projects under budget while consistently achieving strong occupancy rates – a combination that reflects both his operational discipline and his ability to lead high- performing site and regional teams. His experience across diverse property types, combined with his command of both the operational and acquisitions sides of the business, makes him a critical driver of Pannon Capital’s growth strategy and portfolio performance.

Keith holds a background in Business Administration, Mathematics, and Accounting from Central Washington University and Spokane Community College – a foundation that informs his data-driven approach to operations and his ability to bridge the gap between field execution and financial performance.

MIKAEL KOHLER

EXECUTIVE VICE PRESIDENT
INVESTMENTS & CAPITAL MARKETS

Mr. Kohler serves as Executive Vice President of Investments & Capital Markets, bringing institutional-grade analytical infrastructure and rigorous deal scrutiny to the acquisitions team. His work includes underwriting financial performance,
studying market fundamentals, overseeing investor-facing materials, and assisting with financial asset management activities. To date, Mikael has underwritten more than $600 million in student housing opportunities.

Prior to partnering with Pannon Capital, Mikael earned bachelor’s degrees in Finance and Real Estate from the University of North Texas while launching his career with a boutique real estate private equity firm in Dallas. Over the course MIKAEL KOHLER
of five years, he advanced to Assistant Vice President of Development, helping UNDERWRITER
lead more than $500 million in active ground-up development projects spanning mixed-use master plans, low- and mid-rise communities, as well as luxury high- rise residential. From there, Mikael founded Fox Hollow Consulting, a national real estate research, education, and analysis firm, which Pannon Capital now directly benefits from.

Throughout his career, Mikael has built a reputation for translating complex market and financial data into clear, strategic insight for stakeholders and
investors. His background in both underwriting and development brings a disciplined, well-rounded perspective to evaluating opportunities and supporting informed investment decisions.