Biography

James F. Whalen

Chairman of the Board
Investment Properties, Inc.

James Whalen is the Chief Executive Officer of Investment Properties, Inc., a commercial real estate development and asset-management company located in Rockville, Maryland. Mr. Whalen has developed over 1,000,000 ft.² of Class A office, industrial and multifamily projects in the Washington metropolitan area and his company continues to provide a full spectrum of asset management services for projects developed by the firm and third parties.

Whalen joined the Board of Directors of Capital Bank in 2001 and he remains passionate about serving the community by helping individuals and businesses attain their goals. Whalen is currently Chairman of the Board and also serves on the Bank’s Loan, Human Resources, Asset Liability, Executive and Governance Committees.

Mr. Whalen has previously served on several boards and currently serves on the Board of Trustees of St. John’s Episcopal School.