Diane Olmstead, PKE MBA ‘11

Diane OlmsteadDiane has been appointed to the Extra Space Storage Inc board of directors, a fully integrated, self-administered and self-managed real estate investment trust, headquartered in Salt Lake City, and the second largest owner and/or operator of self-storage properties in the United States and is the largest self-storage management company in the United States.

Diane serves as co-chief executive officer of W3, which she co-founded in 2009 with Susan Sagy. She oversees W3’s acquisitions, financing activities, fundraising and client relations. With 32 years of direct experience in investing, corporate finance and capital-raising, Diane has originated and closed over $2 billion in loans, property acquisitions and joint ventures, and has executed the workout and restructuring of $1.3 billion of real estate assets. 

Prior W3, she was a principal at CIM Group from 2005 to 2009. She opened their San Francisco office where she headed acquisitions and development in Northern California and the Pacific Northwest and was a voting member of the Investment Committee. From 2000 to 2005, Diane was an executive vice president at iStar and responsible for all activities in iStar’s Western Region, including origination of structured finance transactions and acquisition of triple net lease assets. From 1983 to 2000, she worked in positions of asset management, lending, acquisitions and equity raising with Arthur Andersen LLP, USF&G Corporation, Cigna Corporation, and Aetna Inc.

Diane serves on the board of Mercy Housing, Inc. and Synedgen, Inc., a bio-tech company, and is a member of the Urban Land Institute and the Policy Advisory Board of the Fisher Center for Real Estate and Urban Development,U.C. Berkeley.

Diane Olmstead, PKE MBA ‘11

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