Pat Hoyt Email & Phone Number

• Direct all aspects of development activities, including entitlements, due diligence, design consultant selection and management, construction coordination and development draw management.
• Provide hard cost and soft cost estimates as inputs to analyze financial feasibility of potential real estate development projects.

Chicago, IL, US

• Represented ownership interests in all aspects of project life cycle including preconstruction, general contractor selection, contract negotiations, cost control, pay applications, project management and coordination.
• Consulted ownership on strategic decision-making regarding construction contracting methods, risk mitigation and project efficiency.
• Responsible for creation and oversight of hard cost and soft cost budgets for varying projects types, including mixed-use core & shell and health/community center

Nashville, TN, US

• Responsible for all construction and development activities including model room construction, preconstruction, entitlements, architecture, purchasing agent, general contractor and all specialty contractors
• In 2019 I delivered 2 hotel renovations that encompass a $30M budget and conversion of 450 guestrooms as well as 40,000 sf of public space
• Worked internally with acquisitions, capital markets, interior design, asset management and brand team to ensure that developments are completed in accordance with the underwriting, design intent and brand standard.

Chicago, IL, US

• I spent 2 years providing the following services for a $325M, ground-up, brownfield, regional mall:- Pre-construction (30%/60%/90% CD budget review, value engineering and GMP negotiation)- Led change order review.
• On-going support of construction and development teams to ensure that potential costs are captured in hard cost budget or proforma
• Provide construction estimates, value engineering proposals and market analysis for regional mall redevelopment projects for properties within national REIT portfolio

· Supervise the design, construction and quality control of $7M annually of ADA compliantcurb ramps throughout Chicago for Department of Water Management restoration program· Schedule, supervise and create budgets for simultaneous street restoration projects costing$150K-$750K· Negotiate scope of work, costs and scheduling with general contractor in order.

· Solicited, compiled and reviewed subcontractor proposals for use in competitive biddingprocess on a multitude of project types and sizes· Supervised and scheduled on-site operations of on-going construction sites whilemaintaining quality control and safety standards· Worked with repeat client to help in the design and value engineering of 80,000 SF.

Master Of Business Administration (Mba), Real Estate And Finance

Bs, Architectural Studies