Michael A. Torres is Chief Executive Officer and portfolio manager. Mr. Torres joined the firm in February 1995. He has 33 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), Urban Land Institute (ULI), and YPO/WPO International.

Mr. Torres serves on the Board of Directors of Renova Therapeutics and Colovore LLC; Investment Committee for the Stern Grove Festival Foundation, as well as on the Northern California Advisory Board for City National Bank.

Mr. Torres received a B.A. in Architecture and an M.B.A. from University of California, Berkeley.