Michael Desimone

Michael Desimone Email and Phone Number

Senior Vice President Acquisitions & Finance at New England Development
Michael Desimone's Location
Greater Boston, United States
About Michael Desimone

As an entrepreneurial executive in capital markets and real estate development, I bring over two decades of experience in transforming the real estate landscape across New England. My expertise encompasses acquisitions, property level financings, deal structuring, strategic negotiations, financial modeling, and pro forma analysis, ensuring that high-stakes projects exceed financial and operational goals.During my tenure at New England Development, a premier real estate development and management company with over 50 million SF of retail, commercial and hospitality space, I played a pivotal role in delivering and sustaining successful projects across a wide range of property types. The company's portfolio, and my own work over the years, includes some of the most widely recognized and successful mixed-use developments, multifaceted developments that combine retail, residential, hotel, and office uses, as well as life sciences, high-end retail, airport retail, golf courses, restaurants, and marinas. My focus is on creating long-term value for communities and compelling opportunities for businesses.Throughout my career, I have demonstrated senior-level success in:Financial Management: Leading the development of complex real estate pro formas to project revenue, manage expenses, and optimize cash flow for diverse property types, including flagship commercial/retail/residential developments. I have approached this work with a mindset of innovation around potential deal structures in order to create long-term, significant upside for the company.Strategic Negotiations: The deals I have worked on have typically involved dozens of senior-level stakeholders, from top global brands to capital partners, and I have led many high-stakes negotiations with lenders, investors, and stakeholders to secure favorable terms and ensure project viability.Stakeholder Engagement: Beyond the initial deal building and closing, I have also led ongoing relationship management with capital partners, joint venture partners, tenants, government agencies, and other private sector partners. I focus on long-term, win-win relationships and bringing people to the table to work out profitable solutions.I enjoy working in dynamic and entrepreneurial environments where strategic thinking and meticulous planning are critical to success. My deep understanding of market trends, complex real estate property transactions and a variety of equity and debt financial instruments positions me as a leader who can deliver innovative and profitable real estate solutions.

Michael Desimone's Current Company Details

Senior Vice President Acquisitions & Finance at New England Development
Michael Desimone Work Experience Details
  • New England Development
    Senior Vice President Acquisitions & Finance
    New England Development 2017 - 2024
    Led investment thesis modeling, deal structuring and financial optimization for the company’s 50M SF portfolio of retail, commercial and hospitality space, delivering returns from existing developments while also leading strategic future planning efforts for upcoming major redevelopments. Created complex proforma deal modeling and led planning process for future development projects, identifying potential target partners, tenants, capital partners, leasing models and real estate acquisition models, along with feasibility studies, due diligence, viability assessment, risk tolerance, profitability targets, and capital/debt raising strategies. Managed relationships with joint venture partners and providers of debt and equity capital.Real estate development projects, including mixed-use commercial and residential properties, shopping centers, big-box power centers, downtown retail, office buildings, life sciences buildings/labs, apartment buildings, hotels, single tenant net leases, marinas, golf courses, and other development sites.
  • New England Development
    Vice President - Acquisitions & Finance
    New England Development 2009 - 2016
    Led financing, modeling, deal structure and negotiations for high-profile redevelopment projects. Built financial infrastructure that allowed the company to expand from self-funded to debt-funded, building out new models for joint venture agreements and negotiating deal economics to secure partners before going out to find and negotiate debt financing. Conducted rigorous due diligence on potential joint venture partners, evaluating their financial stability, investment track record, and alignment with capital market returns and investment project goals.
  • New England Development
    Senior Financial Analyst - Real Estate Property Development & Financing
    New England Development 2004 - 2008
    Collaborated with executive management to deliver complex pro forma analyses and business/project modeling for the firm’s development projects.Partnered with the CFO to drive financial structuring and capitalization of projects across New England Development's real estate capital markets transactions including acquisitions, dispositions, joint ventures, and financing. Evaluated company's portfolios and assets through due diligence, underwriting, structuring, negotiating, and closings for retail projects, mixed-use, hospitality, life sciences, residential and office properties. Served as the firm’s financial lead for transactions and partnerships with landowners, development partners, banks, financial partners, and REITs. Collaborated with leasing teams to secure anchor tenants and negotiate favorable lease terms, maximizing project cash flows and valuations.
  • Marketplace Development
    Real Estate Financial Analyst
    Marketplace Development 1999 - 2003
    Serve as growth, finance and leasing lead for this airport retail development company which held contracts for food, beverage and retail offerings for airport terminals. As the #2 person in the organization, reporting first to the Controller and then directly to the President, drove growth, investment decision-making and deal strategies through creation of complex and dynamic financial models, including assumption planning, P&L forecasting, investment amounts, debt financing strategies and projections of return on invested capital. Provided complete project viability analysis to give senior leadership confidence in direction. Delivered growth by seeking new partners and responding to RFP processes (often 1,000+ pages each) for new business (for example: Miami, Baltimore, Los Angeles), creating economic forecasts and models to showcase capabilities and return on investment. Oversaw airport properties (Philadelphia and New York/LaGuardia), managing lease economics and profit sharing with the airport authorities, ultimately holding responsibility for delivering the projects’ net income. Steered and re-negotiated master lease extensions while defending and maximizing MarketPlace’s revenue participation.
  • Wellspark Group
    Leasing & Finance Administrator
    Wellspark Group 1997 - 1998
    Managed financials (revenue and expenses) and contracts across a portfolio of premier properties.

Michael Desimone Education Details

Frequently Asked Questions about Michael Desimone

What is Michael Desimone's role at the current company?

Michael Desimone's current role is Senior Vice President Acquisitions & Finance at New England Development.

What schools did Michael Desimone attend?

Michael Desimone attended Bentley University.

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