Scope of Service Experience
Landlord and Tenant Representation: Identify, analyze, negotiate and close lease transactions for single and multiple sites for a multi-national group of clients in principally retail and office properties throughout the State of Florida. Since 1995, lease transactions closed total approximately 450,000 square feet with an aggregate lease value of $35,543,000. Have or currently represent in excess of 7,000,000 square feet of office, retail, industrial and residential rental properties. Real Estate Brokerage: Creation of two real estate brokerage businesses with multiple offices. Responsibilities included client development, product development, negotiation of option, purchase and sale transactions. Upon client's request and after contracting for property's purchase, analyze, underwrite and prepare underwriting report. To date, acquisitions and dispositions of properties have an aggregate value in excess of $133,935,000. Mortgage Brokerage: Responsibilities include client development, product development, administration and coordination of mortgage brokerage operation and identification of debt and equity sources through banks, mortgage and credit companies and conduit securitizations. To date, loans closed have an aggregate value of in excess of $93,000,000. Consultation & Expert Witness: Responsibilities include conducting field work and preparing reports of physical condition, financial performance of subject property and/or general market; identifying and recommending revenue enhancing and cost savings concepts to maximize investment return; determining current leasing strategies, analyzing adequacy, and, identifying and recommending modifications; identifying and recommending practical and financial feasibility of potential capital expenditures and new lease transactions; assisting with and/or preparing cash projections in conjunction with restructuring of debt; determining adequacy of buy?out offer, estate value or limited partnership interest value; conducting forensic real estate analysis; and, providing testimony pertaining to engagement. Property and Asset Management: Creation of two property management companies and one asset management division. Portfolio has or currently includes 2,400 residential rental units, 1,100,000 square feet of retail properties and 300,000 square feet of office buildings. Duties included overseeing physical condition and financial performance of up to twenty six properties; initiating revenue enhancing and cost savings concepts to maximize investment return; identifying practical and financial feasibility of potential capital expenditures and new lease transactions; preparing and reviewing cash forecasts to determine viability and timing of cash expenditures and distributions; and, reviewing property performance and market conditions to determine optimal timing for potential financing or sale.
Background & Experience
Capital Realty Services, Inc. November 1994 - February 1997 Senior Vice President M2 Realty Corporation June 1986 - October 1994 Senior Vice President I.R .E. Financial Corporation April 1984 - June 1986 Acquisitions and Portfolio Manager Southeast Bank, N.A. June 1980 - April 1984 Commercial Banking Officer
M.B.A. Accounting Concentration, University of Miami B.S. Finance and Banking, University of Alabama/Tuscaloosa F.E.I. Outstanding Finance Student
Professional Associations & Designations
Licensed Florida Real Estate Broker Licensed Florida Mortgage Broker Licensed Florida Community Association Manager International Council of Shopping Centers National Association of Industrial & Office Properties Greater Miami Hillel City of Homestead - Master Developer for Park of Commerce Selection Committee City of Homestead - Community Redevelopment Director Search Committee Greater Miami Jewish Federation - Real Estate, Builders & Allied Trades Division
SALES AND PURCHASES: Royal Oaks Plaza, Miami, FL, 165,000 SF, $17,400,000 Plaza West Shopping Center, Miami, FL, 100,000 SF, $11,300,000 Sawgrass Village - Phases 1 & 2, Ponte Verde Beach, FL, 118,900 SF, $10,900,000 Concourse Village Shopping Center, Jupiter,FL,133,000 SF, $7,800,000 Kendall Summit Executive Center, Miami, FL, 85,000 SF, $7,500,000 Country Club Plaza North,Miami, FL, 86,700 SF, $5,600,000 Emerald Park Apartments, Hollywood, FL, 121,400sf, $4,500,000 Lakeside Gardens Apartments,Coral Springs, FL, 101,200SF, $3,850,000 Gazebo Shopping Center,Jacksonville, FL, 79,200 SF, $3,500,000 Citibank Building, Dania, FL, 65,000 SF, $2,300,000 Park West Professional Center,Miami Lakes, FL, 18,300SF, $2,100,000 Eldorado Building,Lighthouse Point, FL, 33,200 SF, $1,925,000 British Petroleum Site, Miami, FL, 60,000 SF, $1,200,000 Former Sears Warehouse,Miami, FL, 15,000 SF , $1,000,000 1250 Red Road Building,Miami, FL, 15,000 SF, $850,000 Exotic Gardens Corporate Office, South Miami, FL, 7,500 SF, $690,000 Esserman Nissan, Miami, FL, 90,000 SF, $637,600 5600 N.W. 32nd Avenue, Miami, FL, 76,000 SF, $535,000 Sawgrass Village - Phase 3, Ponte Verde Beach, FL 20,100 SF, $450,000 1800 & 1810 Coral Way, Miami, FL, 14,000 SF, $450,000 British Petroleum Site, Miami, FL, 15,000 SF, $350,000 FINANCING: Country Club Plaza, Miami, FL, 100,700 SF, $7,800,000 Hampton Inn Coconut, Grove, FL, 68,000 SF, $6,500,000 Country Club Plaza North, Miami, FL, 86,700 SF, $4,950,000 Kendall Summit Executive Center,Miami, FL, 85,000 SF, $4,800,000 Sawgrass Village - Phases 1 & 2,Ponte Verde Beach, FL 118,900 SF, $4,500,000 DMK Properties, Miami, FL, 175,000 SF, $4,000,000 Lakeside Gardens Apartments, Coral Springs, FL, 101,200 SF, $2,975,000 Gazebo Shopping Center, Jacksonville, FL, 79,200 SF, $2,100,000 Eldorado Building, Lighthouse Point, FL, 33,200 SF, $1,445,000 LANDLORD AND TENANT REPRESENTATION: CompUSA Shopping Center, Miami, FL, Noodle Kidoodle/Zany Brainy, 11,250 SF, $2,695,000 21/22 Office Center, Miami, FL, Miami-Dade County, 28,117 SF, $2,463,100 CompUSA Shopping Center, Miami, FL, Hemisphere Bank, 3,873 SF, $1,380,000 Popeyes Chicken Restaurant, Miami, FL, South Dade Shopping Center, 3,200 SF, $1,256,000 Nick's Cigar Company, Miami, FL, 5150 N.W. 167th Street, Miami, FL 15,000 SF, $1,088,012 Zack, Kosnitzky, P.A. - Sublease, 1401 Brickell Avenue, Miami, FL 11,964 SF, $980,000 BankAtlantic Building, Miami, FL, Total Health Choice 8,646 SF, $980,500 Market Square, Miami, FL, The Christmas Palace, 15,019 SF, $954,089 BankAtlantic 1455 W. 49th Street, Hialeah, FL 5,000 SF, $900,000 Payless ShoeSource, Tropicaire Center, Miami, FL, 4,500 SF, $750,000 CarInk, Inc. 2121 Ponce, Coral Gables, FL, 5,698 SF, $569,800 Ultrazone Bird Road @ 92nd Ave, Miami, FL, 7,056 SF, $504,000 BankAtlantic, 100 N Biscayne, Miami, FL, Sublease to American Express, 3,022 SF, $483,500 Doral Centre, Miami, FL, Blockbuster Video, 6,000 SF, $474,000 800 Brickell, Miami, FL, The Renno Group, 4,812 SF, $458,000 BankAtlantic Building, Miami, FL, Omnisphere Corporation 3,931 SF, $450,300 Florida International Plaza, Miami, FL, Mineke Muffler 5,285 SF, $455,000 Cluckers Chicken Restaurant, 12500 Biscayne Blvd., Miami, FL 3,000 SF, $450,000 Diversified Underwriters Services, 1985 N.W. 88th Court, Miami, FL 6,200 SF, $441,600 Doral Centre, Miami, FL, Lady of America Fitness, 4,500 SF, $365,600 Kendall Summit Executive Ctr, Miami, FL Greenberg & Middleton 4,726 SF, $373,700 Kids Communication Network, One Biscayne Tower, Miami, FL 4,211 SF, $297,600 Kendall Summit Executive Ctr, Miami, FL Market Street Mortgage 4,603 SF, $200,400