Principal
CurrentCompleted the acquisition and asset management of value-added opportnities for office investment arm of Hamilton Zanze & Company (www.hamiltonzanze.com) a multi-familiy syndication platform that has acquired over $1.2B in multi-family assets. Sourced, evaluated, syndicated and operated value-added office investments.Select Accomplishments: · Sourced, underwrote and lead a team as a principal to acquire a vacant 52,000 SF office asset in 2009 for $30.00 PSF ($1.5MM). Currently 55% occupied and valued at over $96.00 PSF ($4 MM). · Sourced and closed as a principal a value-added 45,000 SF office project in 2007 for $7.6MM. Implemented marketing and repositioning strategy to lease the property from 55% to 98% occupancy in 2011 through the recession. Currently valued at $10.2MM at a 7.5% capitalization rate. · Developed and implemented strategies to maximize NOI and total return on investment. · Improved portfolio occupancy, reduced operating expenses and managed capital improvement projects underbudget. · Negotiated property contracts including leases, lease terminations, lease restructures, lease listing agreements, property management agreements, construction contracts, sale listing agreements and sale contracts. · Wrote and delivered investment presentations to investment committee to recommend an acquisition or sale and presented updates to investors. · Strong knowledge of partnership formations and operations, project planning and implementation, asset management and management oversight. · Managed the sale process including the preparation of presale due diligence information. · Reviewed, selected and supervised property managers, leasing brokers and construction managers. · Maintained relationships with sale and leasing brokers to preserve submarket condition awareness.