Peter M. Bren serves as Chairman of the Board and President of KBS Realty Advisors and its affiliate KBS Capital Advisors. Both are nationally recognized real estate investment advisory firms with transactional volume of approximately $30.0 billion. In April 2011, KBS was ranked the largest office investor in the nation according to Commercial Property Executive, and in July 2012, KBS was ranked by National Real Estate Investor as the fifth largest office owner globally. KBS operates numerous institutional and sovereign wealth funds as well as five non-traded REITs. Mr. Bren oversees all KBS operations, including the acquisition and management of individual investments and portfolios of income-producing real estate assets. He directs all facets of the company's business activities and is a member of the KBS Investment Committee, which evaluates and authorizes new investment opportunities for the firm. Mr. Bren is also responsible for investor relationships.
Mr. Bren is president of KBS REIT*, KBS REIT II* and KBS REIT III* - all public, non-listed real estate investment trusts. Additionally, Mr. Bren is involved with the management of two additional REITs - KBS Strategic Opportunity REIT*, targeting opportunistic investments, and KBS Legacy Partners Apartment REIT*, targeting the multifamily sector.
Mr. Bren has been involved exclusively in real estate development, management, acquisition, disposition and financing for more than 40 years. Prior to his current position as Chairman and President of KBS Realty Advisors, he served as the president of The Bren Company, was a former regional partner of Lincoln Property Company and was president of Lincoln Property Company, Europe.
Mr. Bren is a member of the UCLA Anderson Board of Visitors and a Founding Board member of the Richard S. Ziman Center for Real Estate at the UCLA Anderson School of Management. In 2012, Mr. Bren created and generously endowed The Peter Bren Initiative for Real Estate Entrepreneurial Studies at UCLA, which includes an advanced case studies course focused on entrepreneurial real estate as a capstone to UCLA Anderson's MBA real estate concentration, and the prestigious Peter Bren Distinguished Fellows in Entrepreneurial Real Estate Program to augment the training of the most gifted and ambitious students pursuing real estate education at UCLA.
Mr. Bren is also a member of the Real Estate Roundtable, Washington, DC, which deals with key national policy issues affecting real estate and the overall economy.