Michael A. Torres is Chief Executive Officer and portfolio manager. Mr. Torres joined the firm in February 1995. He has 35 years of real estate and securities research experience. Prior to joining Adelante, Mr. Torres was the Director of Real Estate Research and a portfolio manager for Wilshire Asset Management. At Wilshire, he created the Wilshire Real Estate Securities Index, widely recognized as the industry’s performance benchmark.

Mr. Torres is currently an active member of the National Association of Real Estate Investment Trusts (NAREIT), International Council of Shopping Centers (ICSC), and Urban Land Institute (ULI). He serves on the Board of Directors of Colovore LLC and Renova Therapeutics, Investment Committee for the Stern Grove Festival Foundation, and the BEE Partners LP Advisory Board. He has also served has a UC Berkeley Foundation Trustee. Mr. Torres is an active member of the NorCal YPOG Chapter. Mr. Torres received a B.A. in Architecture and an M.B.A. from University of California, Berkeley.