Dave Jorgensen Email & Phone Number

Nationwide

Completed Project management of total remodeling of 94 luxury condominiums in a 15 story tower. Currently doing the same o an additional 33 in another tower. Established scope of work, budget, reviewed and selected General Contractor, daily monitoring of subs, process and approve progress draws. Also Includes project management of all common elements of 30+ year old buildings on behalf of the Investor and represented the Investor as a member of the HOA board of directors. Daily interface, coordination and direction with marketing and advertising to facilitate sales.

Steamboat Springs, Co

Owner's representative of new 70+ condominium and townhome development. Review of plans and specs, processing, verifying and approving funding for construction draws . Includes review of billings, inspection of work complete, receiving and accepting lien waivers and providing final approval for owner's funding.

Denver, Colorado

Managing the construction, budgeting, completion and marketing of spec homes ($1.5 to $1.8MM) in Steamboat Springs, Co, while coordinating the sale of closings of additional remaining lots in a luxury subdivision.Licensed Class A General Contractor.

Denver, Co 80203

★ Managed a rolling portfolio of about 40 distressed loans and properties.★ Directed the renovation, completion, and sale of an average of 40 assets, with authority over contractors, contract management, budgets, project scope, and relationships with brokers for each property.★ Delivered $44MM in incremental revenue through the sale of assets over a span of two years, exceeding 200% IRR for some transactions.★ Marketed a warehouse property featuring 942,000 square feet of space and a positive NOI at 13% occupancy; led the conversion of excess land into an intermodal container facility leased to a major upscale automobile manufacturer.★ Directed the final development, management, and marketing of a 17-lot high end SFR subdivision.★ Completed construction of the final 2/3 of a 23-unit office condominium building, followed by marketing and sales of the units at a net profit margin of 50%.☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲ABOUT SUMMIT INVESTMENT MANAGEMENTFounded in 2002, Summit Investment Management LLC is a private investment company headquartered in Denver, Colorado. Since its inception, Summit has invested more than $1.5 billion in distressed debt acquisitions, balance sheet restructures of operating companies, special situation capital, bridge loans and joint ventures.

Greater Chicago Area

★ Served on a team that redeveloped four Chicago-area apartment communities, working closely with members of Site Operations, Development and Construction Services.★ Led negotiations with municipal officials, vendors, and contractors.★ Contributed to the success of individual redevelopment projects with budgets ranging from $3.5MM to $19.5MM.☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲ABOUT AIMCOAimco is a Real Estate Investment Trust (REIT) headquartered in Denver, Colorado and is one of the largest owners and operators of apartment homes in the country. Led by Chairman and CEO Terry Considine, Aimco is a top provider of apartment homes to nearly 250,000 residents. Aimco has properties in 24 states and the District of Columbia.

Englewood, Co

★ Strategic Planning and Managment of the Fund Control Department, which processed over 100,000 construction draws valued at $5.5 Billion for two major banks during 7 years of leadership.★ Supervised up to 34 direct reports and 22 indirect reports, coordinating all hiring, training, and corrective action through a period of growth of up to 35% annually.★ Ensured the satisfaction of contractual deadlines, managed expenses, actively managed risk, and posted completed draws; reduced bank risk to negligible levels.★ Used automated processes and effective management of resources to boost department efficiency by 300%.★ Lowered annual losses from $300K on $600MM in sales to less than $5K on $1B in sales.★ Managed operations to process 6,500 pages of faxed documents each day within four business hours with a 0.01% error rate.

Denver, Co

★ Maintained responsibility for the Construction Project Review, Construction Budget Review, Contractor Review, Fund Control, Customer Service and Construction Loan Workout functions.★ Restored underperforming operations to bank standards.★ Led the review of properties and business plans for all real estate assets contained in the Small Business Lending portfolio for the Rocky Mountain region.★ Lowered overhead through the standardization of construction loan documentation and the adoption of automated computer processes.★ Implemented sales and marketing strategies that expanded fee income by 300% in 1997, followed by gains of 160% in 1998 and 1999.★ Launched the new Jumbo Home Construction Loan that was so successful, it expanded to encompass a third of department income in 15 months.☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲☲ABOUT KEYBANKHeadquartered in Cleveland, Ohio, KeyCorp is one of the nation’s largest financial services companies, with assets of approximately $93.8 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products to individuals and companies throughout the United States, and, for certain businesses, internationally.

Denver, Co

Rapidly advanced from recruitment as Senior Asset Manager, Performed several critical functional rolls:• Appointed Interim General Manager heading $39.6B National Asset Management and Disposition program in Washington, DC and coordinated effort across 6 regional offices and 196 asset management contractors. Completed assignment 21 months ahead of schedule and recovered $0.87 per $1.00 versus $0.40 projection.• Daily management of 5 regional departments and 49 staff: Real Estate and Loan Valuations, Real Estate and Loan Purchases, Financial Reconciliations, Systems Data Quality, and Management Reporting.• Lead Oversight Manager for 3 asset management and disposition contracts totaling $1.1B.• Workout Specialist for 1,100 of the region’s most litigious multi-family, commercial, Office, Land, Single family, retail and senior housing real estate assets. Negotiated and settled $700MM real estate assets under intense litigation in 3 years, earning federal Special Achievement Award.• Earned second Special Achievement Award for saving $8.1MM in region in 1 year. Developed, implemented and chaired national performance evaluation program for commercial and residential real estate asset management companies.• Presented 400+ asset management and disposition business plans to senior directors with a 96% approval rate versus 55% peer average.

San Antonio, Tx

Resolved a series of difficult situations facing the institution while functioning as builder control, owner’s representative and asset manager for $825MM of multi-family, retail, office industrial and land properties (70 assets)• As a workout specialist, initiated turnaround of $100MM resort property resulting in tripled usage.• Developed a 3-year business plan (loss projection) for liquidating 5,000 properties resulting from the sale of the 7th largest mortgage servicer. Presented to CEO/ President and CFO for approval; $24MM plan proved accurate within 3%.• Builder control, owner’s representative and asset manager for 40 $5MM to $55MM real estate projects through development, construction, management leasing and sale.• Generated $78MM in 2,000 residential sales with creative marketing management. Created and directed marketing and finance strategies that dominated 22 condominium and town-home markets in 5 states, maintaining 20% to 30% price premium in those markets for 4 consecutive years. Negotiated and closed over 90 sales per month and personally generated $23MM in sales. • Formed and operated internal construction company giving quality, cost and scheduling control. 5 direct employees and numerous subcontractors in completed 500 homes in Dallas and Houston within 18 months.• Consolidated 3 departments, reorganized and trained staff, and developed software to enable 13 staff to manage, lease and market 2,500 residential and condominium properties in 37 states.

Master Of Real Estate And Construction Management, Construction Project Management, Real Estate, 4.05 Gpa

Bachelor Of Arts (Ba), Speech, Theater, Education

Activities and Societies: Theta Alpha Phi, Honorary National Theater Society