Senior Vice President – Acquistions & Development
Current(2012-Present, 2001-2010)• Provided leadership vision, management, and execution of Brownstone’s business plan. Develop tactical plans (underwriting, budget, team selection, etc.) for each project. Supervise all asset management, physical due diligence, market studies and preparation of investment memoranda for Investors. Oversee all financing, acquisitions, construction and project management.• Sourced, underwrote, acquired, repositioned, developed or advised on adaptive re-use apartments, mixed-use, student housing, and historical properties. • Managed all construction financing including monthly draw requests and financial reporting.• Analyzed and underwrote over 1,000,000 SF of buildings throughout the Midwest.The Buckingham Student Housing Renovation; Chicago, IL • Sourced the acquisition and oversaw renovations of 200,000 SF office building into 456 bed Student Housing facility.• Arranged multi-level financing of $45M including historic tax credits and construction financing.• Managed day-to-day operations, including asset management, property management, day-to-day financing, and construction activity.ADVISORY SERVICESMDA Apartments – Chicago, IL;• Oversaw redevelopment of historic 240,000 SF 23-story high rise in Chicago Loop • Directed architects, entitlements and general contractor through all pre-development phases. • Sourced historic tax credit finances totaling $6 million with a $43 million total project cost.Loring Park Apartments – Minneapolis, MN: • Managed redevelopment of 163 unit complex with 180 underground parking spaces. • Secured $24.9 million of tax exempt bonds after TIF financing dissolved.Uptown Apartments – Minneapolis, MN:• Two ground up development sites with underground parking and commercial retail• Provided all management of entitlement negotiations, architectural design management and construction/development oversight.
