Debbie L. Hester

Debbie L. Hester Email and Phone Number

Head of Asset Management & Due Diligence @ Bojangles Restaurants, Inc. @ VEREIT, Inc.
Winter Park, Florida
Debbie L. Hester's Location
Orlando, Florida, United States, United States
Debbie L. Hester's Contact Details

Debbie L. Hester work email

Debbie L. Hester personal email

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About Debbie L. Hester

Key Skills:• Asset Management• Lease Negotiations• Asset Sales and Acquisitions• Bankruptcy/Tenant Litigation• Real Estate Valuation• Due Diligence• Relationship Management• Leadership and Employee MentoringDelivered growth in rent, NOI, and asset values against operating budgets through highly effective management of real estate assets for more than 20 years. Led teams and been accountable for portfolios valued at more than $1.2BN.My background includes delivering hands-on leadership in all asset management functions, encompassing asset leasing and sales, relationship management, tenant restructuring in and out of bankruptcy, and maximizing investor value in stable and rapid-change environments. A few key accomplishments include:• Overseeing sale leaseback liquidation and the recovery process for over 80 properties through Chapter 7 Bankruptcy of a national casual dining chain; immediately sold 15 sale leaseback sites with $19.4MM net sales proceeds and a $1.3MM aggregate gain on sale in addition to seven fee mortgage and leasehold sites with net sales proceeds of $4.1MM.• Negotiating a lease restructure and change of control of 99 sites, $106MM exposure with a national fast food brand to facilitate tenant acquisition by a private equity firm, preventing tenant bankruptcy while obtaining a $250M lease termination fee.• Managing multiple substantial condemnations, including negotiating with the State of Florida to increase compensation by over $1MM and prevailing at the Supreme Court level in tenant dispute; ultimately awarded 91% of total compensable damages.Skilled in balancing stakeholder interests in both public and private environments, and protecting and enhancing asset value in all stages of the life cycle, from closing on the development/acquisition through disposition.I look forward to growing my network and sharing my experiences in Real Estate Asset Management.

Debbie L. Hester's Current Company Details
VEREIT, Inc.

Vereit, Inc.

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Head of Asset Management & Due Diligence @ Bojangles Restaurants, Inc.
Winter Park, Florida
Debbie L. Hester Work Experience Details
  • Vereit, Inc.
    Vereit, Inc.
    Winter Park, Florida
  • Bojangles'​ Restaurants, Inc.
    Head Of Asset Management And Due Diligence
    Bojangles'​ Restaurants, Inc. Jan 2022 - Present
    Charlotte, Us
  • Vereit, Inc.
    Vice President Asset Management
    Vereit, Inc. Dec 2013 - Nov 2021
  • Ge Capital Americas, Franchsie Finance
    Vice President Asset Management / Director Of Asset Management
    Ge Capital Americas, Franchsie Finance 2006 - 2013
    (Formerly CNL Restaurant Properties 1999-2005, and Trustreet Properties 2005-2007)With full accountability for asset management activities related to commercial portfolios valued at more than $1.2BN, oversaw day-to-day operations and personnel in executing against income, leasing, and recovery budgets and metrics. Managed budgets, schedules and monthly draws, and monitored tenant performance. Drove process and value through full life cycle of an asset from the closing on the development/acquisition through disposition; developed, executed and documented sound real estate, sales, leasing, tenant bankruptcy, eminent domain and finance-related strategies. Nurtured and leveraged relationships with multiple stakeholders in the real estate market to achieve asset-specific strategies. Engaged and directed third-party vendors, including contractors, property managers, and leasing firms. Reviewed and assisted with underwriting new developments and acquisitions. • Received multiple awards for superior execution of business strategies and resolution of high impact workouts.• Identified and executed complex sale transactions such as 363 and distressed portfolio sales.• Resolved property operating issues and developed and implemented leasing strategies with third parties.• Successfully managed quarterly portfolio reviews of asset performance, credit risk monitoring and compliance.• Spearheaded initiatives to improve policies and procedures, property monitoring, and risk management processes, including developing processes to integrate Trustreet portfolio into GE.• Performed sound real estate valuations in a user friendly FAS 144 and FAS 157 compliant manner. • Assisted stakeholders in gaining a strong understanding of property values through third party valuations.• Increased profitability by enhancing leases; opportunistically selling distressed and undervalued assets.
  • Ge Capital Americas, Franchise Finance
    Senior Asset Manager / Real Estate Asset Manager
    Ge Capital Americas, Franchise Finance 2002 - 2006
    (Formerly CNL Restaurant Properties 1999-2005, and Trustreet Properties 2005-2007)Ensured strategic management of assets/portfolios to enhance asset value in small cap NYSE listed REIT. Resolved asset management issues, including lease renewals, tenant issues, bankruptcies, condemnations, workouts, litigation, lease amendments, easements, evictions, forbearances and CC&R issues/modifications. • Entrusted by executives to serve as a leader, mentor, and real estate expert to other associates due to extensive job knowledge and strong leadership skills.• Selected to lead the team in company-wide projects and initiatives such as database/system conversion and data warehouse creation.• Negotiated landlord consent and leasehold mortgage documents, including providing mediation and decision making between attorneys, tenants and lenders.
  • Ge Capital Americas, Franchise Finance
    Assistant Property Manager
    Ge Capital Americas, Franchise Finance 1999 - 2002
    (Formerly CNL Restaurant Properties 1999-2005, and Trustreet Properties 2005-2007)Leveraged extensive property management experience to drive all phases of hands-on asset and property management, ranging from remediation of physical issues to reconciling CAM and operating budgets, and negotiating form of lessor consents and estoppels. Negotiated and drove vendor contracts, ensured timely completion of maintenance requests, and developed management level reporting to manage activities and expenses. Facilitated accurate financials by generating monthly variance reports, collecting rents, notices to pay or quit, unlawful detainer actions, maintaining records of financial transactions, and enforcing budget compliance.• Successfully managed easements, lease renewals, purchase options, eminent domain proceedings, lease terminations, and numerous lease compliance and legal issues.• Resolved collection issues by creating payment plans, contacting tenants, issuing default letters, and conveying delinquency information to attorneys.• Streamlined operations by documenting and standardizing team and auditor processes.
  • Compass Management/Equitable Real Estate
    Manager
    Compass Management/Equitable Real Estate 1991 - 1998
    Maximized operational efficiencies and projects for the development and construction of Monarch Tower, a 591,000 square foot office building, with full accountability for $80M budget. Played a key role in diligence process leading to ultimate $163M sale. Met goals and deadlines by tracking costs and job progress, keeping the owner well informed, and attending weekly site meetings between the contractor, architect and project management team. Served as a liaison between portfolio manager, asset manager, property management team and client advisor. Ensured that all lease obligations were satisfied by effectively managing all tenant improvement allowances. • Managed the COMPASS annual report to the Department of Labor for a major client; directed the programming team responsible for design and implementation of a custom Lotus Notes database used for reporting.• During four-year tenure at COMPASS, received promotion from Executive Assistant to Manager due to envisioning company goals, acquiring management skills, and displaying unwavering dedication.• Served as Human Resource Administrator for property management, portfolio management and development team.• Played a key role in property management of 2.4 Million SF professional center including office, retail and parking facilities; duties included budget reconciliation, financial and annual report preparation, and investor relations.

Debbie L. Hester Skills

Asset Management Leases Due Diligence Real Estate Commercial Real Estate Portfolio Management Valuation Disposition Property Management Real Estate Economics Contract Negotiation Finance Asset Managment Dispositions Mergers And Acquisitions Real Estate Transactions Negotiation Investment Properties Special Servicing Commercial Leasing Leasing Property

Debbie L. Hester Education Details

  • Marylhurst University
    Marylhurst University
    Real Estate
  • Florida Southern College
    Florida Southern College
  • Valencia College
    Valencia College
    Associate Of Arts (A.A.) With Honors
  • John F. Welch Center, Crotonville, Ny
    John F. Welch Center, Crotonville, Ny

Frequently Asked Questions about Debbie L. Hester

What company does Debbie L. Hester work for?

Debbie L. Hester works for Vereit, Inc.

What is Debbie L. Hester's role at the current company?

Debbie L. Hester's current role is Head of Asset Management & Due Diligence @ Bojangles Restaurants, Inc..

What is Debbie L. Hester's email address?

Debbie L. Hester's email address is dh****@****eit.com

What is Debbie L. Hester's direct phone number?

Debbie L. Hester's direct phone number is +160277*****

What schools did Debbie L. Hester attend?

Debbie L. Hester attended Marylhurst University, Florida Southern College, Valencia College, John F. Welch Center, Crotonville, Ny.

What skills is Debbie L. Hester known for?

Debbie L. Hester has skills like Asset Management, Leases, Due Diligence, Real Estate, Commercial Real Estate, Portfolio Management, Valuation, Disposition, Property Management, Real Estate Economics, Contract Negotiation, Finance.

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