Chief Operating Officer, Managing Principal & Investment Committee Member
Denver, Colorado
• Raised nearly $725M in equity in aggregate in MGP Funds VI, VII, and VIII and secured approximately 60% leverage for each development/acquisition for nearly $1.6B in AUM in commercial office and hospitality spaces during tenure. • Renegotiated loans on properties during global financial crisis of 2008; reduced interest, recourse and extended term. • Oversaw renegotiations of $300M syndicated loan to lower interest rates, extend term and increase proceeds saving Fund over $9M in… Show more • Raised nearly $725M in equity in aggregate in MGP Funds VI, VII, and VIII and secured approximately 60% leverage for each development/acquisition for nearly $1.6B in AUM in commercial office and hospitality spaces during tenure. • Renegotiated loans on properties during global financial crisis of 2008; reduced interest, recourse and extended term. • Oversaw renegotiations of $300M syndicated loan to lower interest rates, extend term and increase proceeds saving Fund over $9M in interest payments while providing proceeds for property expansion. • Negotiated with foreign bank to accept $24M reduction of principal owed. • Achieved overall 22% gross internal rate of return and 2.0 equity multiple for MGP Fund VII. • Led restructuring of accounting department, boosting productivity and efficiency of team. • Played vital role in executing all acquisitions, developments, financings, refinancings, redevelopments, and asset management decisions for 17 office properties, 5 hotels, and 1 luxury condo.• Revamped written fundraising collateral materials and investor reporting resulting in competitive industry positioning. • Participated with Chairman and CEO in asset-management of 1K room hotel and resort with spa, water park, and 2 golf courses. • Cultivated positive company culture with hands-on, active management style.• Created and led effective monthly meeting with Senior Leadership, focused on educating all stakeholders on all business issues. • Actively participated in ensuring completion of construction of 6 properties and 8 acquisitions throughout U.S. Show less