Thomas Pedulla, Cre Email & Phone Number

Boston, Massachusetts, Us

Lead the real estate business at Gordon Brothers. This includes managing and growing the lease valuation, mitigation, restructuring, termination and guaranteed outcome business as well as the real estate debt and equity investment platform. The real estate investment platform targets value add situations for all property types with both debt and equity strategies. Also oversee the Gordon Brothers' alliance with JLL.Gordon Brothers is a market leader in providing comprehensive retail, commercial and industrial valuation, operations, investment and disposition solutions for inventory, equipment, brands and real estate. Headquartered in Boston, Gordon Brothers has offices around the globe.

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Managing Partner, Portfolio Management, BENTALLGREENOAK (July 2019 – Oct. 2019)Executive Vice President, Portfolio Management, BENTALL KENNEDY (Sept. 2015 – July 2019)Sun Life acquired Bentall Kennedy in 2015 and then merged it with Green Oak Real Estate in 2019. The Sun Life real estate equity team members merged into Bentall Kennedy. Served as the Portfolio Manager for the Sun Life $7 billion North American separate account. Led the Sun Life mortgage team at Sun Life during this time period.• Member of management and investment committees.• Annual transaction (buys and sells) volume of approximately $1 billion. • Ran $12 billion mortgage portfolio and 50-person team at Sun Life.• Portfolio contained 209 assets including 59 office buildings, 61 warehouses, 41 retail properties, 19 apartment complexes and 29 parcels of land.• See additional description of responsibilities below.

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• Portfolio Manager of a $7+ billion equity real estate portfolio across North America and the UK. • Portfolio Manager of a $12+ billion mortgage portfolio across North America.• Led the Real Estate equity team with approximately 35 employees located across North America.• Led the Mortgage team with approximately 50 employees located across North America.• Annual transaction (buys and sells) volume of approximately $800 million. • Annual mortgage production volume in excess of $2 billion.• Held personal approval authority for deals up to $50 million.• Facilitated a cohesive, collaborative, and supportive culture within Property Investments team and across the other asset classes in the Investments Department.• Developed, communicated, and gained commitment to strategic priorities through employee engagement. • Led business development activities to expand the universe of investment opportunities for each portfolio.• Effectively pre-screened and challenged proposed investment transactions to ensure appropriate asset quality and risk/return parameters.• Approved transactions per approval protocols and monitored underlying transactions through one-up reviews.• Effectively presented recommendations to senior management in support of transactions.• Oversaw ongoing credit research and analyses of our tenants and borrowers.• Monitor the annual review process of individual mortgages by the North American Asset Management team.• Proactively took action to protect Sun Life’s interests throughout the restructuring and work-out of under-performing investment holdings.• Managed base and incentive compensation recommendations for the Property Investments team.• Monitored human resource policies, built and maintained an effective management team, established a work environment characterized by high levels of employee engagement, and developed a strong succession pool of candidates for key roles.

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Team Leader and Portfolio Manager for a 392-property diversified portfolio totaling 30.4 million square feet with a market value of $4.86 billion located throughout the US and Canada. Continued role as Co-Portfolio Manager for our REIT stock fund. Reported to the Chief Investment Officer.• Grew real estate portfolio from a 2005 market value of $2.8 billion.• Oversaw and managed a North American staff of 35 in acquisition, asset management, and disposition activities.• Responsibilities included setting investment strategy, approving transactions and annual property budgets, and portfolio performance reporting• Portfolio consisted of office, industrial, retail, multifamily, and land for future development and had a total 2010 net operating income of approximately $330 million.• Functioned as the in-house real estate expert for Sun Life, making presentations to the board of directors, meeting with our regulator and rating agencies, as well as taking on ad hoc projects.• As Co-Portfolio Manager for our $250 million REIT stock fund, responsibilities included valuation analysis, meeting with company management, stock selection, and fund performance reporting.

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Vice President, U.S. Real Estate (2002 – 2005)Assistant Vice President, U.S. Real Estate (2000 – 2002)Portfolio Manager for a 70 building portfolio totaling 7,700,000 square feet with a market value of $620 million and Co-Portfolio Manager for a REIT stock fund totaling $125 million.• Oversaw and managed a staff of five professionals in acquisition, asset management and disposition activities.• Responsibilities for the direct real estate portfolio included setting investment strategy, approving all transactions and annual property budgets, and portfolio performance reporting. • Responsibilities for the REIT fund included valuation analysis, meeting with company management, stock selection, and fund performance reporting.

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Senior Property Investments Officer, U.S. Real Estate (1999 – 2000)Property Investments Officer, U.S. Real Estate (1995 – 1998)Senior Property Investments Analyst, U.S. Real Estate (1994 – 1995)Responsible for real estate investment activity within a selected group of cities, including acquisitions, dispositions, and asset management and also co-manage an equity REIT stock fund. Individual accomplishments included:• Acquired 36 assets totaling $302 million handling all phases of the process from origination through closing. • Disposed of 22 assets totaling $84 million handling all phase of the process from deciding when to sell through closing.• Asset managed a portfolio of 21 assets in eight cities containing 2,195,000 square feet with an aggregate value of $156 million. Responsibilities included oversight of third party property managers and leasing agents, budget review, lease negotiations, capital expenditures, and disposition strategy. • Co-started and co-managed an equity REIT stock fund with a market value of approximately $100 million.• Instrumental in setting the direct real estate investment strategy in terms of target product types, target cities, and pruning of existing holdings.

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Senior Property Investments Analyst, U.S. Mortgages (1993 – 1994)Property Investments Analyst, U.S. Mortgages (1991 – 1993)Originated, modified, and worked out commercial real estate mortgages located east of the Mississippi. Initiated 118 loans totaling $480 million and handled all phases of the process from quoting the deal through closing.• Supported the existing loan portfolio by handling requests for condemnation takings, easements, lease approvals, and other requests that affected the loan security. • Actively negotiated workouts on existing loans and handled four foreclosures which were turned over to the Real Estate Department upon receiving the deed.

Senior Real Estate Consultant (1990 – 1991)Real Estate Consultant (1989 – 1990)Prepared market feasibility studies, real estate appraisals, operational reviews, and general real estate consulting for all property types with a specialization in hotels. Property types appraised included apartments, condominiums, office, industrial, retail, hotels, and vacant land.• Additional responsibilities included targeting new sources of business, evaluation of new computer software and maintenance of the research library and property sales database.

Master Of Business Administration (Mba)

Bachelor Of Science (Bs), Hotel/Motel Administration/Management