Accomplished executive with extensive experience in all facets of real estate in the United States and Europe. Creating and executing macro/micro investment strategy leading to consistently meeting or exceeding return expectations. Significant experience in dispositions, acquisitions, financing and structuring. Asset expertise is primarily office but have experience in retail, hospitality and residential.Core CompetenciesMicro/Macro Market StrategyLeveraging industry relationshipsAcquisitions/DispositionsLeadership and ManagementJoint Venture SourcingDeal structuringPortfolio/Asset ManagementCapital MarketsAnalysis/Underwriting
International Property Developer/Manager
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Managing Director, Chief Operating OfficerInternational Property Developer/Manager 1995 - PresentGreater New York City AreaA privately held developer, investment manager and owner known for its large-scale office developments and urban renewal initiatives in gateway cities in the US and Europe. The Company has acquired, designed and developed over 14 million sf of Class A office buildings (with a retail component) and has received numerous industry awards.Managing Director, Chief Operating Officer (2007-Present)Strategic and operational responsibility for 25 investment, development, asset management and finance professionals, as well as three out-sourced management firms in the US and Europe. Extensive experience with all phases of deal structuring, financing, acquisition and disposition negotiations. Proven track record in recruiting and managing global teams.Chief Financial Officer (1995-2007)Established and directed the financial reporting, internal accounting controls, cash management and budgeting processes for the Company’s investments in the US and Europe. Responsibility for all financial and tax reporting to an institutional client base that included Publicly Traded REITs, large private equity firms, foreign investment funds and domestic and foreign banks.
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Assistant Vice PresidentDean Witter Discover 1992 - 1995Greater New York City AreaA real estate investment banking subsidiary that specialized in syndicated real estate partnerships. The group is now Morgan Stanley Real Estate. Valued and analyzed the legal and accounting structures of over 70 real estate investments facilitating transition of financial oversight. Responsible for financial reporting and SEC filings
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Manager, Audit And AdvisoryKenneth Leventhal & Company (Now Ernst & Young) 1986 - 1992Greater New York City AreaCPA firm specialized in accounting, consulting and tax services to the real estate industry. The firm was a prominent work-out consultant to the Resolution Trust, FDIC and major real estate firms. Led teams responsible for audits of publicly traded and privately owned property companies, lender and RTC portfolio reviews, litigation support and company restructurings and workouts.
Tim Powers Education Details
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Accounting
Frequently Asked Questions about Tim Powers
What company does Tim Powers work for?
Tim Powers works for International Property Developer/manager
What is Tim Powers's role at the current company?
Tim Powers's current role is Real Estate Managing Director & Chief Operating Officer - Operations, Investment, Development & Finance.
What schools did Tim Powers attend?
Tim Powers attended Ithaca College.
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Tim Powers
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Tim Powers
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Tim Powers
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