Matthew Basara Email & Phone Number

- Oversee the operations of 75 open air shopping center, totaling square feet, in 8 States throughout the Northeast and Southeast Region- Serve 8 property managers, 2 facilities managers and 3 support staff.- Responsible for $5 million Cap and $12 million in Op Ex Budget.- Collaborate with all departments within Kite. - Review and audit operational procedures to develop Best Practices for Kite Realty Group after the merger with RPAI

Charlotte, North Carolina Area

Responsible for day-to-day operations of 18 shopping centers in 4 states, totaling 2.6 million square feet. - Responsible for developing a five year Capital and Operating Budget taking into account tenant recoveries and caps on CAM achieving a less than 1% variance in 2015. - Collaborate with Leasing and Legal on new leases to include the development of scopes and budgets associated with landlord work, confirm lease language, coordinate delivery dates and the tenant on the boarding process. - Recognized by Kimco Realty Corporation in July 2016 winning “IPad for Ideas” for reducing expenses 5% in my portfolio and redeploying those funds into other disciplines further enhancing the appearance of the properties to achieve Best in Class Standards. - Review and approve all invoices associated with Capital projects and Operating maintenance work. - Collaborate with Legal, Leasing and Accounting on delinquent tenants. - Routinely inspect all properties to ensure all contract services are being performed per the terms of the contracts as well as issue work orders to vendors for site specific work to achieve Best in Class Standards. - Analyze monthly, quarterly and annual operating financials, reporting the results to Executive Management - Toured portfolio regularly with the VP of Leasing and leasing directors to discuss leasing opportunities, property condition, identify value add and redevelopment opportunities. - Collaborate with Construction and Leasing on shopping center redevelopment with specific duties to include scope and bid out roof replacements, parking lot lighting - converting metal halide to LED technology, new landscape presentations and parking lot resurfacing.  - Responsible for understanding, managing and enforcing all leases, OEA’s and REA’s associated with each property.

Charlotte, North Carolina Area

Responsible for day-to-day operations of 84 shopping centers in 7 states Puerto Rico, totaling 12.5 million square feet. Centers comprised of $20.5 million operating budget and $5 million Capital budget. Managed 10 direct reports located in 3 offices.  - Oversaw the development and execution of 5 year Capital Plan carefully considering operating expenses, Cap Ex, leasing strategies, redevelopment opportunities, tenant recoveries and achieved a less than 3% average annual growth in CAM over the 5 years - Accountable for $20.5 million dollar operational budget and led region to achieve less than 3% variance for FY12, FY13 and FY14 - Developed Budgeting and Capital Management section of Best in Class and responsible for training property management department nation wide - Created program to leverage the Region’s purchasing power on several Capital projects, reducing costs by an average of 13% over two years. Program is now being implemented nationwide - Analyzed monthly, quarterly and annual operating financials, reporting the results to Regional President and Vice President of Property Management - Enforced vendor policies and procedures to ensure compliance with corporate governance resulting in two positive internal and one external audits - Toured portfolio regularly with the VP of Leasing, leasing directors and property managers to discuss leasing opportunities, property condition, identify value add and redevelopment opportunities - Initiated and executed a strategic strategy to ensure optimum staffing levels while ensuring positive tenant service and experience - Developed the tenant “on boarding” process with the VP of Property Management which has been adopted into Kimco’s Corporate policy and procedures

Charlotte, North Carolina Area

 - Responsible for the day to day operation of various portfolios ranging from 2.5 to 3.2 million feet in 7 States in Southeast Region  - Refined and implemented an ancillary income program whereby eliminating a CAM expense and turning into revenue stream of $250,000 per year. Initiative was adopted nationwide and now contributes more than $4 million dollars a year to the company’s bottom line - Worked with the Regional Director to develop and refine several initiatives that were adopted companywide to include an emergency response plan (KERT), construction estimating tool for landlord work associated with new leases, energy management systems and a vacancy inspection survey - Priced and coordinated in excess of $5 million of landlord work associated with new leases over 5 years - Developed a CAM and CAP Ex Budgets while taking into account tenant’s cap on CAM as well as tenant recoveries. - Responsible to scope, price and execute all projects including PM projects, CAP Ex projects, recurring service contracts and LL work associated with leases - Involved in due diligence of acquisitions and dispositions which include: market analysis, physical inspections, review and provide feedback for third party inspections

West Palm Beach, Florida Area

Managed and leased over 1 million square feet of Commercial Real Estate. Key professional experience included: managing revenues in excess of $8.5 million; accountability for all profit and loss; supervised project managers. Maintained 95% Occupancy rate by executing new leases as well as retaining existing tenants, profit driven thinking, knowledge of dealing with all aspects of tenants and a positive friendly attitude  - Complete operational and Profit/Loss accountability for six retail centers containing 1.5 million square feet and maintaining occupancy of 95% - Integration of newly acquired centers into portfolio to include the review of all lease and vendor contracts, abstract leases and established third party service relationships - Responsible for the coordination of the entire annual budget; delegate where necessary but directly responsible for all lease revenue projections, all capital expenses, work directly with Chief Financial Office for CAM recoveries, expenses, new lease assumptions and renewal of leases - Bid out, coordinated and supervised tenant build outs, exterior and interior renovations - Reviewed monthly operating reports and provided a variance explanation to Principal of the company - Developed a list of tenant prospects; contacted, negotiated lease and assisted tenant with relocation process - Coordinated and implemented construction projects to include: exterior renovations, roofing replacement, vanilla shell and tenant build out - Maintained operation contact with Albertson’s, AMC Theaters, Atlanta Bread, Bealls, Blockbuster, Dollar General Eckerd’s, Family Dollar, Hollywood Video, Jo Ann Fabrics, K-Mart, Kash-n-Karry, Publix and Winn Dixie for existing centers - Reviewed and Approved vendor payables - Developed and implement capital projects - Prepared condition report and market analysis for potential acquisitions

West Palm Beach, Florida Area

 - Developed, implemented and monitored fixed asset inventory reports for 50 hotels nationwide, including Holiday Inn, Radisson, Ramada and Crowne Plaza - Oversaw and managed multi-million dollar renovations - Prepared and implemented capital budgets for 86 hotels nationwide - Managed and controlled costs of service contracts resulting in company savings of $150,000 annually - Responsible for fleet of over 100 shuttle vans for hotel guests - Analyzed and negotiated proposals to staff qualified vendors and/or contractors for numerous capital projects  - Assisted department heads in developing business plans for Board of Directors’ approval

Real Estate, Real Estate And Finance

Education record