Parrish Boren Email & Phone Number

Denver, Co, Us

Founded in 1982, Marx/Okubo Associates, Inc. is a professional consulting organization for the built environment. We are dedicated to serving the real estate owners, investors, and lenders in evaluating their acquisition, development, construction, and capital related projects in the commercial, residential, institutional and healthcare markets.Drawing from broad practical knowledge and national market experience, our clients are able to make crucial business decisions with great confidence. As consultants for the built environment, we are a critical investment that increases a project's or portfolio's success.Marx/Okubo provides a spectrum of services for virtually every aspect and stage of the built environment. Our staff is comprised of licensed architects, engineers, construction managers, and other real estate professionals. Services include Owner Representation, Project Management, Lender Services, Construction Consulting, Military Housing Privatization, Real Estate Services, Sustainability Consulting, Foreclosure Services, and Forensic and Repair Services

Real estate asset management and strategic advisory firm for the commercial real estate industry, providing receivership and litigation support, third-party asset management services, property and portfolio level operating and disposition strategies and related advisory services for commercial lenders and equity investors. Primary property types are office, retail, multi-family, industrial and mixed use.

National multi-family operator encompassing 21,000 units. Managed expanding scope of accountability during challenging phase in the business; controlled a capital improvement budget of $150 million, reducing expenses while improving the leasing value of all 70 properties owned and operated by the company; developed strategy, policy, procedure, and reporting structure; renegotiated all major contracts; created asset management strategies, evaluating yield on restructured capital expenditure programs and the viability of proposed acquisitions; analyzed and evaluated portfolio capitalization, capital stack and loan compliance; collaborated with and directed finance teams to develop and revise operating projections; served as key advisor and negotiator; made recommendations on multiple viable financial alternatives for highly leveraged property structures; recognized for leadership in extending business operations during a challenging economic period.

Denver, Co, Us

Directed all financial and operating strategies and activities, of consulting firm with 9 offices, 125 employees and revenues of $26 million. Directed corporate IT strategies. Directed the creation of an ESOP and management restricted stock plan; and enhanced employee benefit offerings to include 401K, 125 and HSA plans. Directed and delivered real estate consulting and project management services, including negotiation and acquisition analysis for projects totaling $285 million, and encompassing all commercial property types. Advised clients on construction contract agreements and assisted with negotiations in deals valued at up to $1 billion. Prepared build-to-suit and redevelopment feasibility studies. Reorganized company financial and organizational structures, resulting in an average 16% annual compound growth rate; 285% increase in cash flow; 800% in shareholder wealth and elimination of corporate debt.

Hartford, Connecticut, Us

Promoted to senior role within 18 months of hire.■ Managed a team of 8; collaborated with Regional Vice President in establishing overall portfolio goals, implementing corporate directives, and optimizing human capital. ■ Optimized value of a $500-million office and retail portfolio, primarily through repositioning distressed assets. Led acquisition through foreclosure, capital improvements, and leasing programs based on numerous market considerations. ■ Negotiated over 130 lease transactions with an aggregate rental consideration of $200 million.■ Directed on-target completion of an award-winning $30 million redevelopment of Bank One Center, a 750,000-sq. ft. CBD building. Successfully negotiated lease of complex 360,000 sq. ft. banking facility.■ Directed all aspects of $25 million mall and neighborhood shopping redevelopments.

Mba, Real Estate Finance/Development

Bachelor Environmental Design, Architecture