Edward Condolon

Edward Condolon


19 years of diverse general management, operations, construction, finance, sales, and marketing experience with regional and national real estate development, construction, and professional service firms. Civil Engineer M.B.A. with distinction Particular expertise in: Real estate development, operations, land acquisitions, management, strategy, construction, sales, marketing, and leasing. Financial planning, capital investment budgeting, and pricing. Strategic planning, business development and market analysis. Recruiting, training, mentoring, and management of interdisciplinary teams. Big 4 Consulting experience in Real Estate and Construction Experience in multiple areas including but not limited to: mixed use, residential, retail, hospitality, healthcare, etc.

Work History

Work History
Aug 2008 - Aug 2009

Project Executive

  • Led all aspects of construction for a $55 million Internet Data Center in Secaucus, NJ and a $69 million LEED Internet Data Center project in Los Angeles, CA.
  • Delivered fast track projects on time, within budget, and of the highest quality for the largest client that was the number one Internet Data Center provider in the world.
  • Oversaw and supported construction, scheduling, accounting, billing, finance, legal, project management systems, and project managers.
Mar 2007 - Feb 2008

Vice President

Advance Real Estate Group

·Led the entire redevelopment process for a 132 acre mixed-use transit village from strategy, planning, design, feasibility, finance, construction, schedule, marketing, sales, leasing, contracts, negotiations, and final development. This project included the largest brown-field renewal effort in New Jersey in 2007, consisting of retail, hotel, multi-family units, and stadium utilities.

·Oversaw master planning and concept design of world-class architect for 800,000 square feet of retail space, approximately 1,950 condominium and apartment units, 1.7M office space, riverfront park, integration of train station, and a major hotel.

·Prepared, implemented, and monitored project finance, design, construction, quality, policies, and procedures.

·Led turnaround effort, including entitlement efforts, negotiations with public officials, engineers, contractors, consultants, and attorneys.

·Led effort to reduce financing costs approximately eight million-dollars through the use of public loans and funding.

·Enhanced department contracts and co-developed finance and accounting process and procedures.

Mar 2005 - Mar 2007

Project Executive

Project Executive

·Led the entire development process for 22 multimillion-dollar Planned Unit Developments. This included master-planned residential, multi-family, single family, for-sale, rental, apartments, commercial, town centers, retail, and mixed-use communities and more than 4,800 units and $500 million in expenses.

·Led feasibility, land acquisition, zoning approvals, permitting, pre-development activities, finance, sales, marketing, community design, leasing, construction delivery, project quality, project staff, HOA management, turnover, and stabilization.

·Led most profitable planned community in Kettler in 2007, which received an award for the best-selling community in the Washington, DC area by Hanley Wood.

·Managed projects' concept plan, due diligence, design development, financing, marketing, contract and change order negotiations, and construction of entire

community development including amenities, signage, building guidelines and specifications.

·Negotiated with landowners, builders, contractors, state and local jurisdiction officials, attorneys, lenders, and consultants.

·Coordinated and supported Finance Department with obtaining pre-construction and construction debt, equity, joint ventures, investors, closings, due diligence, and settlement documents.

·Planned, coordinated, analyzed, and managed project performance.

·Implemented successful communities on time, on budget, and of the highest quality.

·Acquired and disposed of land and assets, analyzed and managed complex real estate transactions, managed entitlement process, worked closely with debt and equity partners, and assumed entrepreneurial profit and loss.

·Established real estate development and construction goals, adhered to critical time requirements, negotiated creative solutions to obtain governmental permits and approvals and created new value realizing market returns.

·Led and managed the efforts of numerous development project teams, including leasing, legal, due diligence, finance, capital markets, consultants, land acquisition, financial and market feasibility, pre-development and entitlement activities, sales, marketing, project vision, amenities design, construction, project delivery, HOA development and management, bond release, and project stabilization.

·Developed and maintained strategic relationships with owners, principals, brokers, architects, contractors, multiple engineers, land planners, tenants, multi-family residential developers, investors, and state, county, and local governmental agencies, department teams, consultants, and national and local builders.

·Developed community plans and pro formas, performed constructability reviews, ensured timely payments to vendors throughout development, analyzed engineering documents, and served as the HOA president for numerous communities.

·Prepared and presented project analysis and returns to investment committee.

·Evaluated community product design with corporate marketing, finance, development, and construction groups to ensure profit goals could be achieved.

Jun 2004 - Mar 2005

Manager / Research Fellow, Facilities and Asset Management Group


·Led multiple engagements in developing real estate strategy, construction, facility management software, facility assessments, and ensuring real estate best practices.

·Led effort to develop construction, real estate, operations and maintenance cost model for $520 million national program.

·Provided independent construction cost analysis, outsourcing, and supervision on a $274 million National Security Complex.

·Developed marketing plan for facilities condition assessment software, facility business plan, real estate and construction manuals, performance indicators for public agencies, and privatization financial and legal solution for public agency.

Sep 2000 - Jun 2004

Manager, Real Estate and Construction Advisory Service Group

Ernst & Young, LLC

·Led evaluation of design, construction, development and financing of multiple residential development projects.

·Leading local Manager for sales and business development efforts.

·Led financial and market analysis and due diligence efforts of several multimillion- dollar public and private real estate projects.

·Managed due diligence on $1 billion-dollar commercial real estate acquisition.

·Directed real estate and construction effort of a $700 million insurance claim.

·Led operational and financial audit of a $2.5 billion commercial project.

·Managed schedule effort for a $400 million construction program.

·Provided dispute advisory services for $112 million healthcare project.

·Provided international project management oversight and strategic advisory services for an international $18 billion Fortune 500 company.

·Provided project management oversight, scheduling, claims consulting, and strategic advisory services on a $680 million and $1.1 billion power plant.This included assistance in settling a $500 million lawsuit and aligning strategic goals with capital deployment to maximize value and reduce risk.

·Provided market and leasing analysis for a $232 million telecommunications leader and a $17.2 billion defense leader.

·Provided leasing and portfolio analysis for a leading underwriter for a major Real Estate Investment Trust acquisition.

·Hired, managed, and mentored Managers and Senior Consultants.

Senior Consultant

·Led operational and financial audit on a billion-dollar mixed-use construction project in New York City for a $6.8 billion Fortune 500 online media leader.

·Provided cost management, scheduling analysis, business process improvement, project management oversight, change order management, lease evaluation, contract evaluation, quality control, and strategic planning.

·Developed financial models and performed pro forma and cash flow analysis.

Sep 1996 - Sep 2000

Program Manager

Bovis Lend Lease

·Managed finance and construction for a $900 million program, including hiring and managing associated construction staff.

·Led multimillion-dollar sales and marketing effort for largest public client in Mid-Atlantic.

·Managed local area network of 18 computers and over 20 software packages including project management, database, spreadsheet, marketing, estimating, scheduling, and technical software.

·National trainer on corporate leadership, project management, scheduling, information technology, and total quality management.

·Managed billing process, outsourcing services, contracts, and purchasing for a $50 million project resulting in annual project savings of 15%.

·Developed and implemented processes to ensure quality, cost, and time goals resulting in regional customer satisfaction award.

Project Manager

·Developed, analyzed, and managed a $50 million hospital renovation at NIH.

·Managed construction quality, changes, cost, time, and technical issues.

·Managed a $17 million owner claims analysis resulting in an $8 million settlement.

Feb 1993 - Sep 1996

Project Manager

SGI Consultants

·Managed a team of five estimators in developing cost estimates and schedules.

·Lectured on estimating and scheduling to International World Bank group.

·Co-authored chapter on "Controlling the Cost of Quality" Cost Engineers Handbook.

Cost Estimator

·Marketed, developed, estimated, and scheduled all phases of construction utilizing database, market surveys, and software programs on projects up to $3 billion.


Sep 1997 - Aug 2000

Masters of Business Administration


Summa cum laude, Beta Gamma Sigma Honor Society, academic scholarship