Ty Lee Email & Phone Number

Common Ground Capital is focused on the acquisition and development of single-family for rent residential assets in the Dallas/Fort Worth metroplex with future plans of expanding to other consistent growth markets in the US. The investment thesis is grounded in data related to growth statistics and demographics. Common Ground targets submarkets with specific criteria based on current and projected market demand.The team’s experience in creating value through thoughtful design and creating unique product is core to the investment thesis. With our strategic partners and consultants, we control costs and schedule to maximize efficiency and speed to market.We intend to provide our investors with attractive returns through 3-5 year hold periods with target 20%+ IRR and 2x Equity Multiples.

At Common Dwelling, we’ve always been frustrated with the fact that the general public’s investment options either provide uninteresting returns or are super risky and volatile, are too complicated to understand and analyze, or off limits if you're not a high net worth individual.After 17 years of being involved in real estate as an architect and developer, we have discovered that single-family rentals (SFRS) may be the solution.The general public can buy REITS with small amounts of capital but a recent MSCI U.S. REIT Index report stated that the five-year return of U.S. REITs averaged 7.58%, well below our projected returns.We’re combining our institutional underwriting and valuation experience with our architectural background to deliver a product that is and will be in demand for years to come - well designed and innovative single-family rentals.Many small landlords have enjoyed the returns of single-family rentals for years. Unfortunately, not everyone has the desire to become a landlord. It’s a full time job and not everyone enjoys the role. It is also difficult to diversify and scale with a personal balance sheet. Common Dwelling solves this by aggregating funds and spreading risk across a large portfolio of homes.

Houston, Us

•Successfully rezoned land in Plano, TX to allow for multi-family in 5 months.•Direct $75M in mixed-use real estate assets. •Lead all regional acquisitions, operations, design, and construction activities. Coach and manage associates to high performance by conveying trust, accountability, and transparency. Oversight of agency leasing teams and evaluate lease terms. Maintain 100% rent collection during market disruption (COVID-19). Lead entitlement, permitting, and zoning processes. Develop trusted relationships and interface extensively with local and state government entities, investors, partners, lenders, and brokers. Manage master project plan, applying cost control, budgeting, accounting, and scheduling disciplines. Track key performance indicators, reporting status to stakeholders.•Spearhead inorganic growth strategy for Dallas office, sourcing $50M in new acquisitions to date. Formulate acquisition strategy and identify high potential targets. Manage acquisition lifecycle (LOI, due diligence, negotiation and valuation, and underwriting deal close). Create detailed business plans and investment analysis. Formulate and implement checklists, playbooks, and data rooms. Leverage personal network to source off-market opportunities.

Dallas, Texas, Us

• Manage ground-up real estate development from acquisition to design and through construction for multiple real estate asset classes, including office, retail, industrial and mixed-use, totaling 4.5M square feet of commercial projects.• Develop comprehensive project portfolio for large projects and major renovations inclusive of underwriting, due diligence, risk, pricing, and finance strategy designed to create above average returns for partner investments. • Accelerate entitlement and zoning processes through persuasive negotiation and relationship building with governmental entities, preventing negative schedule and budget impacts.• Lead diverse teams of internal and external consultants through multi-disciplinary coordination and towards successful project execution.• Supervise and coach employees in the project management division assuring highest quality output within a creative environment. Oversee numerous consultants, vendors, contractors and subcontractors.• Secure capital assets through ability to identify unpredictable complications and quickly apply highly developed analytical skills in problem solving to address issues prior to negative schedule and budget impacts.• Provide clear and concise project information for investors, operating partners, and senior leadership with more than 75 formal presentations to date.• Contribute to quarterly reports to investors.• Oversee agency leasing teams and assist in underwriting and evaluating lease terms.• Contribute to acquisition process by leading design/visioning process and underwriting proforma terms.

Dallas, Texas, Us

AcquisitionsUnderwritingAsset repositioningAsset managementReal Estate DevelopmentDesign and Construction oversightProject managementProgram managementDispositionsManaging direct reports

Dallas, Tx, Us

- Maintain strong relationships with clients, brokers, vendors and consultants.- Lead, mentor and support younger staff (the group oversaw 25 projects simultaneously)- Utilize project insight as technological, web-based project management tool- Manage all aspects of design and construction from site due diligence/entitlements to post occupancy evaluations- Perform existing facility assessments- Ensure all requirements are met with local authorities having jurisdiction- Create initial overall project budgets and schedules, manage and update throughout project life- Phase project as necessary to ensure adherence to necessary schedules- Assist brokers in lease negotiations and work letter review- Procure and manage all necessary design consultants and review their contracts - Procure all necessary furniture, fixtures and equipment- Procure and manage all required low voltage items- Manage design process to ensure compliance with budget, schedules and client vision- Initiate value engineering sessions as required- Procure all necessary 3rd party testing and manage process- Bid, analyze and select general contractor- Oversee construction process and visit site at intervals necessary for success- Review all change orders, costs and credits that occur during construction- Oversee punch list completion- Ensure all items required to obtain a certificate of occupancy is obtained- Obtain post occupancy feedback from clients

Dallas, Tx, Us

Dallas, Texas, Us

• Directed realty development from design through construction for medium and large projects.• Managed quality control, code review, and testing for construction projects.• Utilized effective relationship and communication skills with network of more than 10 contractors resulting in development of competitive cost estimates.• Mitigated financial risk through efficient architectural design, considering client needs, product sourcing, and schedule management. • Assured client satisfaction by personally serving as primary source of contact.

• Architect of record for more than 4 project types, including commercial, higher education, multi-family, and retail.• Contributed to the planning and presentation of more than 25 design charrettes for clients.• Presented design documents to clients.• Performed construction documentation and administration for 5 projects.• Achieved 3 design excellence awards.

Plano, Tx, Us

· Worked closely with managing principals and firmwide creative directors as an active participant in the initial dialogue with clients during programming for multiple school districts. · Orchestrated initial research and brainstorming sessions with interns. · Responsible for translation from programming, research and brainstorming into conceptualization and overarching ideas and ultimately the tangible architectural representation. · Lead design presentations to School Boards and Construction Oversight Committees. · Utilized award submittals as a way to tell stories of compelling projects to the community. · Remained involved on projects as they entered into all subsequent project phases to ensure conceptual clarity was maintained. · Actively recruited and was successful in obtaining 2 senior level designers. · Organized charrettes and field trips in order to sustain energy and motivation for the entire studio. · Travled to the United Kingdom as an active participant in the interviewing process for work. · Solely responsible for the quality of design for multiple projects in several school districts simultaneously. · Collaborated with all team members on all projects to ensure alignment with regard to expectations and goals of design and architecture.

healthcare, higher education Design Award _ (May 2006 + March 2007 _ given at managing principals' discretion) DESIGNER · Worked closely with senior designers and managing principals during early phases of programming, planning and design. Responsible for refinement and rigor of initial concepts through all phases of a 125,000 s.f. spine and orthopedic hospital. · Active participant in design presentations to clients. · Responsible for 3 dimensional and graphic story telling of a project's concept to clients and other professionals.

2004-2006 healthcare, retail, commercial INTERN · Created Design Development and Construction Documents and coordinated information across all disciplines. · Worked closely with managing principal during early phases of programming, planning and design. Was responsible for refine- ment and rigor of initial concepts for small retail and commercial projects. · Became client's primary contact for daily dialogue on several projects.