Thomas Payne Email & Phone Number

Los Angeles, California

Provide real estate and development advisory services for a large scale 388 acre affordable housing, healthcare, and mixed-use development project located in West Los Angeles. Advise client on land use agreements, master plan implementation, and real estate operations. Manage predevelopment for new construction projects including managing the development schedule, conducting feasibility analysis, obtaining entitlements and regulatory approvals, developing and maintaining proformas, reviewing all financing, and reviewing the design and construction phases. Conduct all physical, financial and operational due diligence during master planning, predevelopment and feasibility phases.

Los Angeles, California

Interim management and real estate consulting services to property owners, developers, real estate investment trusts, property managers, investors, lenders, tenants, transit agencies, and governmental institutions. Implements comprehensive strategies for office, retail, industrial, mixed-use, urban infill, and transit impacted projects. Specialties include: asset management, development, project management, due diligence, leasing, and redevelopment. Subspecialties include: transit oriented development, transit agency easements, public/private transactions, acquisition/disposition strategies, and corporate real estate services.

Los Angeles, California

Responsible for financial, development, and operational matters relating to mixed-use transit oriented development and operating projects, including Los Angeles Union Station entitled for 5.9 million square feet on 38 acres. Directed substantial project level organization with annual operating budget of $7 million and twenty tenants within the office, retail, residential, transportation, and government sectors. Team leader for build to suit office development and land sale program targeting government agencies and non-profit institutions and master planning and land development program. Formulated and implemented adaptive reuse and redevelopment program. Delivered third party asset management services with annual operating budget of $3 million and capital project budget of $1 million. Monetized this very complex project through the sale of operating and development businesses for consideration of $75 million. Provided transition advisory management services to new ownership for fifteen months.Extensive involvement in corporate transactions (conversion to public REIT in 2003, Prologis merger in 2005, portfolio recapitalization in 2009, sale of select assets to TPG Capital, and formation of private REIT in 2011). Public company experience with entrepreneurial project level skills.Project executive for Park Del Amo Office Project in Torrance, a $50 million office project comprised of 200,000 square feet and Pacific Design Center in West Hollywood, a $200 million office and design center comprised of 1 million square feet. Led asset management of ground lease, telecommunications, and pipeline easement portfolios; comprised of 180 tenants generating annual operating income of $20 million.

Los Angeles, California

Successfully repositioned a national portfolio of troubled commercial and multi-family loans and real properties. Core responsibilities involved disposition and financing of real estate owned properties, loan modification agreements, loan refinances, bankruptcy settlement agreements, leasing, construction management, underwriting, and interaction with regulatory auditors.

Beverly Hills, California

Investment management for a $300 million portfolio acquired and developed via joint venture partnerships and comprised of Class A office developments located in Southern California and a national acquisition fund concentrating on undervalued real estate opportunities. Also responsible for the repositioning of a commercial and multi-family real estate and loan portfolio.

Irvine, California

Restaurant subsidiary involved in real estate acquisition and development activities. Accountabilities included the analysis, evaluation and structuring of proposed development projects and going concern acquisitions. Conducted marketing campaigns and negotiated the disposition of surplus corporate real estate holdings.

Santa Ana, California

Responsible for the production and presentation of commercial real estate research and financial forecasts, including development feasibility studies, cash flow projections, highest and best use analyses, and comprehensive narrative appraisal reports. Assignments encompassed office, industrial, hospitality, retail, multi-family residential and residential subdivision product types.

Bachelor Of Arts (B.A.), Political Science (Major), Business Economics (Minor)

Long Beach, California, General Studies/College Preparatory