J. Larry Rutherford - President and CEO

J. Larry Rutherford President and CEO of SouthStar Development Partners, Inc founded the company in 1999 to provide real estate development services for its own account, for investors and owners. SouthStar, based in Coral Gables, Florida, specializes in the acquisition, planning, permitting, development and financing of mixed-use and residential projects. The resulting portfolio of completed, highly amenitized communities are home to thousands of families.

SouthStar Communities, an affiliate company, acquires, develops and markets residential projects in the high growth Austin/San Antonio corridor and in the College Station market in Texas.

Prior to forming SouthStar, Mr. Rutherford was President, Chief Operating Officer and Chairman of the Board of Atlantic Gulf Communities, a publicly-held community developer with 14 projects in Florida, North Carolina and Texas. He joined the company in 1990 and oversaw the massive restructuring of the bankrupt predecessor company.

Before 1990, Mr. Rutherford was with the Gulfstream Land and Development Corporation, a multi-market land development and homebuilding company which was formed as part of an LBO in 1986 with funding provided by junk bonds issued by Donaldson, Lufkin & Jenrette and loans from Citibank. The company had projects in Florida, Georgia, Virginia, South Carolina and North Carolina. In the nine years he was with Gulfstream he progressed from Senior Vice President to President and Chief Operating Officer and ultimately to CEO.

From 1976 to 1982, Rutherford organized Wintergreen Development, Inc., which was affiliated with Bankers Trust Company of New York. Wintergreen, consists of over 4000 units, a ski resort and golf. Before joining Wintergreen, he was with Cabot, Cabot & Forbes Company where he was responsible for debt and equity financing for major office projects.

Mr. Rutherford holds an M.B.A. from the University of Virginia and a B.S. degree in civil engineering from Virginia Military Institute.