Mark Bacon

Mr. Bacon has served as the chief construction officer of our sponsor, its subsidiaries, and its
predecessors since December 2005.

Mr. Bacon is responsible for the implementation of all construction, renovation, and capital
expenditure projects across all divisions of the sponsor and its affiliates. Mr. Bacon has served on our
advisor’s investment committee since August 2016.

Since joining the Procaccianti Companies in 1985, Mr. Bacon has managed the renovation of all of our sponsor’s hotel properties as well as numerous commercial, residential, and condominium projects. Over the past 25 years, in addition to his construction responsibilities, he has served in all facets of the sponsor’s company including residential, commercial, and industrial property management, and also as a regional hotel director.

Mr. Bacon graduated from University of Rhode Island in Kingston, Rhode Island with a bachelor’s
degree in industrial engineering.