Mr. Knutson graduated from Valley City State University in 1970. He joined Valley Realty, Inc. in 1973, and is its Vice President. His real estate experience encompasses leasing, property management, finance, development, and construction of multi-family apartments and commercial properties. As Executive Vice President of Dakota REIT and Vice President of the Advisor to Dakota REIT, Mr. Knutson is involved in all aspects of the Trust. Mr. Knutson is a licensed real estate broker in North Dakota.