Summary

Astute commercial real estate investment manager with proven success in the deployment of capital across a wide range of investment styles, product types and market cycles. A professional adept at utilizing a full “life cycle” investment management approach and proficient in all aspects of profitably acquiring, managing and disposing of over $2.4 billion of assets. Combines a core philosophy of risk mitigation and hands-on value creation with extensive experience in leveraging relationships to produce synergistic results. National experience with an in-depth knowledge of targeted markets.

EXPERTISE

·  Relationship Management

·  Joint Venture Structuring

·  Contract Negotiation

·  Acquisition Underwriting

·  Due Diligence

·  Financial Modeling/Argus

·  Asset Management

·  Financing Analysis

·  Economic Valuation

Interest

Midwest Wind Finance LLC - Advisor to the Board

Benilde-St. Margaret's High School - Advancement Committee of the Board

Wisconsin Real Estate Alumni Association

Urban Land Institute

Work History

Work History
1998 - 2009

Managing Director

Carval Investors, LLC

Directed a cumulative $1.6 billion national portfolio of opportunistic and value-added commercial real estate investments from acquisition through asset management and disposition.

  • Managed multiple long-term joint venture partner relationships and consulted on their strategic direction, personnel allocation and capital planning; worked through conflict resolution to determine win-win solutions.
  • Invested $577 million in equity capital consistent with value-added and opportunistic investment objectives; utilized internal and external resources to model cash projections, perform due diligence and negotiate purchase documents.
  • Sourced multiple debt alternatives, both directly and indirectly, to find the most favorable combination of economic parameters and terms; negotiated loan agreements and modifications when required.
  • Worked directly with leasing agents and property management personnel to achieve business plan objectives on over 11.5 million square feet of commercial property and 5,300 apartment units.
  • Determined optimal time to sell properties relative to their incremental value creation potential based on market conditions and business plan progress; managed sale process including selection of brokers and document negotiation.
  • Sourced new joint venture partners in targeted markets to increase access to desired deal flow. Structured economic terms and agreements to ensure alignment of interests and provide incentives for success.
  • Performed quarterly reviews and valuations of investments to comply with investor reporting requirements.
  • Interfaced with investors to explain the company's investment process and competitive advantages and took part in periodic updates on performance and strategy.
  • Managed third party service providers including internal and outside attorneys, leasing agents, investment sales brokers, property managers, appraisers and engineering consultants.
1995 - 1998

Vice President - Alternative Investments

Cargill Leasing Corporation

Management of all investment activities that were outside of the core leasing strategy including full Profit & Loss responsibility and the supervision of two employees.

  • Led new initiative to acquire 2,000 apartment units capitalized through the Low Income Housing Tax Credit program representing a total cost of $210 million. Managed all aspects of due diligence, structuring and monitoring. Sold a portion of the portfolio for a substantial profit in one of the first secondary sales in the industry.
  • After determining that the investments no longer fit the strategic objectives of the company, profitably unwound joint venture investments in aircraft operating leasing and venture equipment finance.
1990 - 1995

Investment Manager

Cargill Leasing Corporation

Primary investment professional responsible for growth and performance of a $626 million portfolio of assets subject to leveraged lease transactions.

  • Through a leveraged lease structure, acquired $268 million of real estate and $309 million of rail, aircraft and other equipment.
  • Performed all aspects of investment process including financial modeling, credit underwriting, equipment valuation, document negotiation and tax structuring.
1987 - 1989

Senior Consultant

Accenture

Member of consulting teams which worked on manufacturing process design and systems testing projects.

Education

Education