I founded Black Cap Halcyon in the Spring of 2015 with the intent to build a strong, commercial real estate investment firm that gives institutional-level opportunities to like-minded accredited commercial real estate investors. With a mission centered on helping investors access greater opportunities and realize value over long-term horizons, I've structured Black Cap Halcyon to deliver institutional-level sophistication and capacity in a smaller, more nimble package. My objective for… Show more I founded Black Cap Halcyon in the Spring of 2015 with the intent to build a strong, commercial real estate investment firm that gives institutional-level opportunities to like-minded accredited commercial real estate investors. With a mission centered on helping investors access greater opportunities and realize value over long-term horizons, I've structured Black Cap Halcyon to deliver institutional-level sophistication and capacity in a smaller, more nimble package. My objective for Black Cap Halcyon is to create a full service real estate company that takes a long-term perspective on investing and that recognizes how real estate, as an asset class, transforms and energizes our communities. Show less

Selected to a rotational assignment in newly created Investment Strategy team. The purpose of the team is to develop longer-term broad general account asset allocation targets and benchmarks; make tactical allocation moves designed to beat the corporate benchmark; improve communications with all areas throughout the company to help implement and execute corporate initiatives; manage investments in affiliated portfolios; and manage the investment area's contribution to the company's financial… Show more Selected to a rotational assignment in newly created Investment Strategy team. The purpose of the team is to develop longer-term broad general account asset allocation targets and benchmarks; make tactical allocation moves designed to beat the corporate benchmark; improve communications with all areas throughout the company to help implement and execute corporate initiatives; manage investments in affiliated portfolios; and manage the investment area's contribution to the company's financial statement goals.Specific responsibilites include serving as a liason between the Investment Strategy team and the Real Estate Department, generating new ideas and leads for growing investments into new commercial real estate markets and property types, and leveraging internal resources to identify and implement new initiatives for adding relative value within the general account portfolio.Contributions thus far include:► Led a cross-functional team in expanding the Real Estate Department's managed investments footprint outside the United States. Sourced, negotiated and closed a CAD $300 million portfolio investment across four Canadian provinces and established new client relationship in doing so. Structured investment to manage internal and client tax concerns, currency and interest rate risk, and to provide for portfolio management flexibility. Show less

I spearheaded the due diligence and closing functions for all our new real estate transactions (with an average size of $50M+), while overseeing servicing of the entire $26.7B real estate portfolio. In this role, I managed a 20-person team.Some of the key ways in which I made a difference include:► Exceeded 10-year average annual origination of $4.5B by 16%, attaining $5.2B in transaction volume for 2013.► Improved operating efficiency to close 111 transactions in 2013… Show more I spearheaded the due diligence and closing functions for all our new real estate transactions (with an average size of $50M+), while overseeing servicing of the entire $26.7B real estate portfolio. In this role, I managed a 20-person team.Some of the key ways in which I made a difference include:► Exceeded 10-year average annual origination of $4.5B by 16%, attaining $5.2B in transaction volume for 2013.► Improved operating efficiency to close 111 transactions in 2013, exceeding average annual target 11% and 2012 closings 18%. Show less

In this position, I led commercial mortgage loan production for the Eastern half of the United States, closing $10.6B in new investment transactions within 6 years. I also managed a $10.2B institutional grade commercial real estate portfolio.My key contributions to the organization were:► Exceeded department-wide yield-to-target performance 7 bps and 4-year portfolio returns 10 bps from 2006 to 2012.► Maintained portfolio at near 0% delinquency rate despite financial… Show more In this position, I led commercial mortgage loan production for the Eastern half of the United States, closing $10.6B in new investment transactions within 6 years. I also managed a $10.2B institutional grade commercial real estate portfolio.My key contributions to the organization were:► Exceeded department-wide yield-to-target performance 7 bps and 4-year portfolio returns 10 bps from 2006 to 2012.► Maintained portfolio at near 0% delinquency rate despite financial crisis, through proactive surveillance, timely asset sales, and championing the creation of a new Underperforming Investment team.► Led origination efforts for $705M investment in 8,500-unit multi-family portfolio, the largest single investment in real estate portfolio to date with a historic yield of 6%. ► Developed key co-lending relationships, resulting in $600M in new investment opportunities.► Brought in new growth opportunities while diversifying risk by building internal consensus to add $400M in out-of-benchmark assets across 2 new property types to portfolio.► Nurtured strategic client relationship over several years, leading to co-investments of $87M in urban retail and $140M in life science laboratory and office complex investment in Cambridge, MA. Show less

I was promoted to Director of Field Production to build a new book of debt and equity real estate investments in the San Francisco, Sacramento, and Phoenix MSAs after the dot-com collapse. I led due diligence, structured and negotiated investment terms, and directed the closing process.My most notable accomplishments included:► Originated $544M in new investments, exceeding 4-year production target by 36% and yield-to-target by 41 bps.► Ranked #1 in Western Division and… Show more I was promoted to Director of Field Production to build a new book of debt and equity real estate investments in the San Francisco, Sacramento, and Phoenix MSAs after the dot-com collapse. I led due diligence, structured and negotiated investment terms, and directed the closing process.My most notable accomplishments included:► Originated $544M in new investments, exceeding 4-year production target by 36% and yield-to-target by 41 bps.► Ranked #1 in Western Division and #2 nationwide for production volume in 2004, and attained highest 3-year production volume in Western Division from 2002 to 2004.► Cultivated relationship with 1st-time borrower, leading to multiple new investment opportunities exceeding $250M.► Acquired $49 million Class A apartment community in Sacramento, California with TYE in excess of 9.6%. Negotiated transaction terms and all aspects of purchase and sale agreement. Led cross-functional acquisition and due diligence team through successful closing. ► Obtained approval for and added $150M in out-of-benchmark alternative real estate assets to portfolio.✔ Led Northwestern’s 1st foray into recreational vehicle park resort community, investing $50M in a combined 1,779-space park model, manufactured home, and golf resort in Mesa, Arizona.✔ Developed and leveraged relationship with newly formed life science laboratory / office REIT, spearheading close of $49.3M fixed-rate mortgage among 3 field offices and introducing new property class. Show less

In this position, I actively managed a $264M institutional grade investment portfolio of multi-family, industrial, office, and retail properties. My best achievements were:► Grew total asset value 22% and net operating income (NOI) 54% in 2 years.► Leased up 150,000 square foot speculative suburban office development in Illinois, propelling NOI from $569K to $4.1M (CAGR = 170%) in 24 months. ► Negotiated 15-year build-to-suit lease with nationally recognized… Show more In this position, I actively managed a $264M institutional grade investment portfolio of multi-family, industrial, office, and retail properties. My best achievements were:► Grew total asset value 22% and net operating income (NOI) 54% in 2 years.► Leased up 150,000 square foot speculative suburban office development in Illinois, propelling NOI from $569K to $4.1M (CAGR = 170%) in 24 months. ► Negotiated 15-year build-to-suit lease with nationally recognized credit tenant.► Managed lease-up of 3 newly developed Class A multi-family communities in Indianapolis and Ft. Wayne, Indiana with 750+ units in aggregate, growing NOI from $1.4M to $3.6M (CAGR = 58%). ► Resolved conflict with joint venture partner, terminating property management contract, sourcing new provider, and structuring contract terms. Show less

I was responsible for analyzing proposed investment transactions and presenting my recommendations to the senior management team.My impact on the business:► Underwrote 19 investments totaling $841M, covering all major U.S. markets, property types, and deal structures.► Promoted to field opportunity managing real estate portfolio in Asset Management division.