ANN E. GRAY FAIA, FRICS is principal at GRAY Real Estate Advisors where she consults to property owners, attorneys, and appraisers on complex development issues. Clients include Citibank, Sheppard Mullin, the LA Times and the Los Angeles Episcopal Diocese. She has participated in nearly one billion dollars of development over the course of her career. Prior to launching her consulting practice, Ms. Gray was Executive Director of Design Development at Paramount Pictures responsible for pre-construction activity at the 65-acre studio lot, and Vice President at Indivest, a real estate development company. Ms. Gray is founder and publisher of FORM magazine, the AEC journal in Southern California and a frequent speaker at universities and conferences. She has a B.A. in Applied Mathematics and a Masters of Architecture both from UCLA. She is a licensed real estate broker, a Fellow of the American Institute of Architects, a Fellow of the Royal Institution of Chartered Surveyors and in 2015 was elected to the RICS Global Governing Council.