Thomas J Ditta

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Commercial Real Estate Manager
Thomas J Ditta's Location
Kansas City Metropolitan Area, United States
Thomas J Ditta's Contact Details

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n/a
About Thomas J Ditta

Thomas J Ditta is a Commercial Real Estate Manager.

Thomas J Ditta's Current Company Details

Commercial Real Estate Manager
Thomas J Ditta Work Experience Details
  • Ca Asset Services Llc
    Real Estate Manager/Regional Property Manager (Remote)
    Ca Asset Services Llc Sep 2013 - Oct 2016
    Overland Park Ks/Denver Co
    Recruited by former Grubb & Ellis colleague for Regional Property Manager for a national convenience store client's portfolio of surplus assets. During assignment, the firm's investment partners acquired a two-building, 300,000 sq ft mid-rise suburban office property in Overland Park, KS. Accepted offer to be their on-site Real Estate Manager and relocated residence to Kansas. Staffed and managed in-house administrative, maintenance and engineering personnel, insuring they posses and practice superior tenant service skills; evaluate, retain or replace 3rd party service providers; process monthly revenue and expense cycle transactions; provide thorough, accurate and timely status reports and annual budgets to owner-investors. In addition, and of primary importance to ownership, was the role of project manager, the operational and administrative point of contact for all tenant and capital improvement projects.Remained active managing client's surplus asset portfolio, adding sites in Kansas and Missouri. Personal & Professional Achievements:| Project managed, space plan to construction completion, tenant finish work totaling $2.7 million, for 13 new and renewal lease agreements, improving 88,000 sq ft of previously vacant space, in a period of 16 months. | Project managed from design concept to construction completion, building lobby and common area upgrades for each building totaling $135,000, delivered on time and meeting strict budget constraints.| Identified, scoped and contracted initial capital repair projects totaling $365,000, part of a 5-year improvement plan supported by owner and lender.| Successful oversight resulted in CM fees billed by the firm in excess of $100,000.| Earned the confidence and respect of owner's 3rd-party brokers through a shared commitment to deal success, with timely and relevant comments, including solutions, from lease negotiation through tenant occupancy.
  • Aero Real Estate Services Group
    Consultant/Independent Contractor
    Aero Real Estate Services Group Jun 2007 - Sep 2016
    Denver Co/Overland Park Ks
    Sole proprietorship dba providing commercial real estate services on a temporary and project basis. Completed over a dozen assignments including on-site property and customer service management, CAM/Operating Expense recovery calculations, lease abstracting, lease administration and full service property accounting. Assignment Highlights:Cherry Creek Athletic Club, Denver, CO January 2013 - February 2014Customer Service Manager on Duty at Denver's premier health and athletic club facility with over 4,000 active members.Peakview Center, LLC Greenwood Village, CO July 2009 – October 2012Retained as Property and Executive Suites Manager for 45,000 sq ft, multi-tenant office building and 33-unit executive suites facility for local Colorado owner. In addition to traditional leasing and management duties, trained to set up new accounts and solve issues for the facility's broadband and VoIP network.Cordes & Company, Greenwood Village, CO January 2009 – December 2012Retained by Denver forensic accounting and asset management group for expertise in CAM/Op Exp. and utility reimbursement calculations. Earned reputation for finding defaulted ownership billing mistakes and omissions, providing superior documentation resulting in the billing and collection of material amounts of cash for the receivership estate. Assisted firm's Asset Manager on six (6) court-appointed receivership assignments ranging from specialty medical office building and surgery center in Centennial CO to regional mall in Holland MI.Cherry Hills Country Club, Cherry Hills Village, CO May 2008 - January 2010Men's Grill Bartender and Concierge and a variety of off-season service roles.Newmark Knight Grubb Frank, Denver, CO (Frederick Ross Co.) May 2007 – January 2012Retained by firm's Director of Property Management to expedite new assignment transitions outsourcing lease abstraction (500+ reviewed and summarized) and CAM/Op Exp. recovery calculations.
  • Grubb & Ellis
    Assistant Vice President/Senior Portfolio Manager
    Grubb & Ellis May 2005 - May 2007
    Denver, Co
    Assistant Vice President for Denver with authorization to act as Director of Management Services for the Denver District. Reported to Regional EVP in Chicago. Shared office space with Brokerage City Leader, attending monthly sales roundup and maintaining regular and direct communication with this key individual. Excelled in position's client relations, business development, administrative reporting and profitability analysis activities, while maintaining appropriate level of leadership and personnel management of the district's professional and administrative staff. Personal & Professional Achievements:| Increased Denver’s square footage under management by 790,000 sq ft, or 20% to over 4 million sq ft, and reimbursed employee count by 13 for a total of 48, including 6 Property Managers. | Denver 2006 EBITA rank among G&E national accounts/districts was 11th out of a total of 47. | Exceeded financial and management performance goals for 2006 and received 100% of incentive bonus in March 2007.| Added Employing Broker Level to active Colorado Real Estate Brokers License Senior Portfolio Manager and account's single point of contact for Qwest Communication (2.5 million sq ft, 8 commercial office properties located in Colorado, Arizona and Nebraska, and using 30 reimbursed G&E employees). Role emphasized financial and operational reporting, budgets and forecasts, leadership of the professional stall, all performed with a high level of transparency, and in accordance with the Portfolio Management Agreement. Personal & Professional Achievements:| High marks by Regional EVP for portfolio leadership and client relations on Annual Reviews | Credited for turning mandatory Quarterly and Annual Business Reviews, all day presentation and forum, attended by Qwest and G&E regional and national account executives, into well planned, informative, often entertaining, but concise and constructive agenda-driven events.
  • Grubb & Ellis Management Services
    General Manager
    Grubb & Ellis Management Services Sep 2004 - Apr 2005
    Denver, Co
    On site General Manager for 1.2 million square foot, 52 story 1801 California, at the time, headquarters for Qwest Communications. Hired to address an immediate crisis in leadership following the dismissal of the General Manager and substandard performance of the Property Manager and administrative staff. In addition to typical oversight at levels reflective of this distinguished CBD property, special efforts were made to remain "in tune" with various Qwest Real Estate representatives (Master Lessee and 60% occupant), and G&E Leasing and National Account Teams in order to provide Qwest with predictable and measurable professional property management services through strict adhearance to its Portfolio Management Agreement. Personal & Professional Achievements:| Earned across the board acknowledgement and respect for leading the cooperative effort of over 25 professional and administrative employees involved in the property's day-to-day management, engineering and security services success. | Recruited and mentored my successor which alowed me to comfortably accept G&E promotion to the Denver District Office as Assistant Vice President/Senior Portfolio Manager.
  • Sullivanhayes Brokerage Corporation
    Vice President/Director Of Property Management
    Sullivanhayes Brokerage Corporation Oct 2003 - May 2004
    Denver, Co
    Recruited by a colleague, the firm's in-house counsel, to join prominent Denver broker and developer's commercial real estate firm. Hired to lead its 1.2 million sq. ft. office/retail portfolio, grow the business and to negotiate lease renewal agreements, these employment and career objectives were not met as company began liquidated its real estate holdings and operating service entities.Personal & Professional Achievements:| Completed course work and passed the Colorado Real Estate Brokers Exam
  • Trammell Crow Company
    Senior Property Manager
    Trammell Crow Company Feb 2000 - Oct 2003
    Denver, Co
    Accepted Trammell Crow Company's purchase terms for Venture Group's management company which included an offer of employment. Agreed to retain portfolio assignments with clients Lend Lease Real Estate Advisors, INVESCO Realty Advisors and Principal Life Insurance Co. originating with Venture Group portfolio. Acknowledging the personal and professional challenges associated with a new employer, redoubled effort and committed to accept and work through the inevitable changes in my day-to-day environment. Earning respect and eventual support from TCC's local leaders and a new "peer group," the transition was an across the board success and added the valuable and relevant national real estate firm accomplishments to career experience. Personal & Professional Achievements:| Responsible for profitable operation of 1.5 million sq ft commercial office and retail portfolio| Directly managed 750,000 sq ft and mentored 3 property managers on the remaining balance| Planned, prepared and delivered on-time, budgets and annual business plans for portfolio clients utilizing their unique templates and complying with the demanding content requirements | Over a period of 4 annual business cycles, planned, coordinated and supervised building capitaland tenant improvement projects in excess of $15 million| Successfully demonstrated to TCC leadership the value-add and quality assurance advantages of providing in-house building engineer and maintenance services.
  • Venture Group Real Estate Management, Inc.
    Principal/Director Of Property Management
    Venture Group Real Estate Management, Inc. May 1994 - Feb 2000
    Denver, Co
    Formed S-Corp with Venture Group's commercial brokers, separating leasing and management services and was granted a one-third ownership stake in the new entity. Continued to lead and manage day-to-day activities, and with business development efforts of firm's broker partners, Venture Group was competing successfully against larger regional and national companies, and winning highly coveted institutional business.Personal & Professional Achievements: | Prepared the property management section, (background, philosophy, staffing model, accounting, lease admnstration and fee structure) of the firm's proposal to provide commercial leasing and management services for all of its prospective clients.| Credited equally with leasing partners, for growing property management busness from zero to in excess of 2 million sq ft of Class A and B office and retail properties, with 22 employees and annual (fee management and reimbursement) revenue topping $1 million dollars.| Completed required Building Owners and Managers Institute (BOMI) course work, passed exam and received Real Property Administrator (RPA) certification in 1995.| Recognized with leasing partners in 1991, the unique talents of the firm's admin "file clerk," a recent graduate with a degree in Mathematics (and expertise with all things PC...). Coached him on real estate accounting, introduced him to the commercial real estate industry and eventually welcoming him into the firms leadership circle. Today he is a Director with world's leading asset services firm and nationally recognized procurement services leader.
  • Venture Group Real Estate, Inc.
    Vice President - Property Management
    Venture Group Real Estate, Inc. Aug 1990 - May 1994
    Denver, Co
    Reunited with friend and colleague from The Walters Companies, a highly successful commercial real estate broker, by accepting offer to join start-up commercial services firm as its property management professional and leader. Personal & Professional Accomplishments:| The opportunity ultimately defined the new career choice. It allowed me to envision, develop, practice and fine tune a unique staff and property management style, rich with dialogue and appropriate attention to detail, in lock-step with brokerage, and always in-tune with property ownership's current and long-term financial goals. | Client owners/asset managers recognized and were free to take advantage of my financial and technical skill set in the content of required monthly, quarterly and annual reports.
  • Starr Realty Management Company
    General Manager
    Starr Realty Management Company Feb 1989 - Jun 1990
    Denver, Co
    Following the dissolution of The Walters Companies, I was recruited and hired by New York City investor group to assemble a team of property managers, leasing agents, accountants and administrators to operate their Denver-based, in-house leasing and management division, responsible for nine (9) office and retail properties totaling 1.8 million square feet.
  • The Bill L. Walters Company
    Vice President & Controller
    The Bill L. Walters Company Dec 1983 - Feb 1989
    Greenwood Village, Co
    Commercial real estate career began as the financial officer for the firm's fee-based, in-house leasing and management division. Hired and supervising staff of accounting professionals and skilled administrators. In addition to daily transaction processing and production of ownership's monthly and annual financial operating reports, was engaged by the firm's principals on a regular basis to produce "ad hoc" reports and analysis. | Colorado Real Estate Sales License 1988 - 1994 (Superseded)
  • Arthur Andersen & Co.
    Senior Staff Accountant
    Arthur Andersen & Co. Jun 1980 - Dec 1983
    Boston, Ma & Denver, Co
    Exited the firm and public accounting profession to accept an offer of employment from a prominent Denver real estate developer and AA & Co. client.

Thomas J Ditta Skills

Commercial Real Estate Leases Real Estate Development Management Commercial Leasing Construction Management Asset Management Financial Analysis Financial Accounting Mentoring Tenant Improvement Tenant Retention Tenant Relations Commercial Property Management Leadership Property Management Real Estate Lease Administration Lease Negotiations Property Accounting Accounting Budgets Project Management Capital Improvement Contract Negotiation Contract Management Executive Suites Working With Landlords Working With Tenants Operating Expenses Cam Reconciliation Annual Budgets Microsoft Office Yardi Mri

Thomas J Ditta Education Details

Frequently Asked Questions about Thomas J Ditta

What is Thomas J Ditta's role at the current company?

Thomas J Ditta's current role is Commercial Real Estate Manager.

What is Thomas J Ditta's email address?

Thomas J Ditta's email address is th****@****lis.com

What schools did Thomas J Ditta attend?

Thomas J Ditta attended Michigan State University.

What skills is Thomas J Ditta known for?

Thomas J Ditta has skills like Commercial Real Estate, Leases, Real Estate Development, Management, Commercial Leasing, Construction Management, Asset Management, Financial Analysis, Financial Accounting, Mentoring, Tenant Improvement, Tenant Retention.

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  • Thomas J Ditta

    Independent Commercial Real Estate Professional
    Denver, Co
    1
    comcast.net

    4 +130387XXXXX

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