Project Manager - Real Estate Development
Boulder, Co
At Thistle Communities I broadened my real estate development experience to for-sale condo, townhome and single-family product. I got firsthand experience with planning, underwriting, developing and marketing both market rate and attainable residential infill projects in a land constrained and high-value market (Boulder). While I left Thistle to return to high density and mixed-use property development, I gained valuable insight into requirements for ownership product, such as HOA formation, building on spec and master site design in addition to special investor and lender expectations and underwiring requirements. I principally worked on three urban infill ownership projects while at Thistle, Toby Lane (closeout/warranty), Yarmouth Way (closeout/warranty), and Rosewood Estates (pre development/construction/marketing and closeout). For another project, Lee Hill Crossing, I sourced and negotiated land acquisition and debt, entitlement process, civil engineering over site design for a ownership in-fill development opportunity. I also scouted acquisition opportunities of existing multifamily properties along the norther Front Range, ultimately putting three properties under contract for the company. Performed underwriting on rental upside and brokered mezzanine level loans for the properties.