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Real Estate Management

Location:
New York, NY
Posted:
July 18, 2016

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Resume:

SCOTT A. HALL

*** ****** ******, ********* **, Hoboken, NJ 07030

Phone: 201-***-****

E-Mail: acvqxg@r.postjobfree.com

Executive

Profile

Professional

Experience

Seasoned real estate professional with a proven track record of enhancing NOI on “value add” portfolios nationwide through staff leadership, aggressive leasing strategies, effective management of property expenses and the prudent investment of capital that is accretive to overall portfolio return. In conjunction with the management of portfolios containing multiple product types, my background includes extensive executive level interaction with strategic partners and investors to not only communicate portfolio performance but develop strong relationships which foster future investment.

FEDERAL REALTY INVESTMENT TRUST – June 2012 - Present DIRECTOR – Asset Management (Regional Head for NY & Boston)

Manage a shopping center portfolio containing 16 properties (2.7 million sf) – 3%+ core growth

Work with leasing team to create value in challenging retail spaces by securing alternative uses

Work with internal development partner, currently advancing 100 unit residential development

Creating 9 unit residential component on the second floor of existing retail center creating $750k in value

Lease and manage 56 unit new residential development (Chelsea, MA) – 7% return

Developed, implemented and manage solar facilities (6+ MW - $16.5 million investment) - 10% return

Negotiated numerous retail tenant workouts resulting in a reduction in 2013 bad debt of $800k URBAN AMERICA, L.P. – February 2006 – April 2011

SENIOR VICE PRESIDENT – Asset Management

Managed a retail and office portfolio containing 25 properties (Fund I)

Managed an office portfolio containing 15 office properties, 412 unit condo conversion and development land opportunities (Fund II)

Completed lease renewals for 45% (1.5 million sf) of the Fund II portfolio within 12 months from the date of acquisition and approximately 2.0 million sf in total

Developed strategies to maximize individual asset value for assets within two separate investment funds and prepared Fund I properties for disposition

Developed and managed the implementation of all “value add” opportunities

Implemented a “Green Buildings” program to pursue both Energy Star and LEED certification

Managed a New York staff of five and regional and field staff of fifteen

Refined asset management departmental structure to accommodate anticipated portfolio changes

Managed all portfolio leasing, property management, capital projects and third party vendors

Managed all property tax appeals ($2 million in savings) and portfolio insurance programs

Interfaced with acquisitions on the underwriting of all new Fund II portfolio assets

Assisted with the disposition of all portfolio assets L&M EQUITY PARTICIPANTS LTD. - May 2004-February 2006 CONSULTANT

Developed leasing strategies to market retail space within a large urban mixed-use portfolio

Completed $20 million in new lease transactions in Harlem and the Bronx

Sourced tenants and executed leases with complementary retail uses in each building that provided essential services to residential tenants while significantly enhancing property NOI ROCKWOOD REALTY ASSOCIATES - October 2003-February 2004 SENIOR VICE PRESIDENT – Asset Management

Developed Strategic Plan to convert 500,000 sf office building to mixed-use and enable ownership to maximize asset value

Worked with asset managers to implement strategic asset strategies for multiple property types through changes in operations, leasing, capital projects and financing

Worked in conjunction with senior management to expand the third party asset management business through existing relationships as well as the establishment of new ones MAX CAPITAL MANAGEMENT CORP. - June 2000-September 2003 VICE PRESIDENT – Investment Group

SENIOR ASSET MANAGER

Managed 6,000,000 sf NYC office portfolio and 600,000 sf office building in Detroit ($2.5B value) Education

Added more than $50 million in value to Max Capital’s investment portfolio

Completed one of the largest leases in NYC (282,000 sf) in 2003 with Associated Press ($125 million leasehold value)

Completed $372,000,000 in financing transactions

Negotiated/Managed the execution of 175+ leases totaling 1,000,000 sf ($500 million in value)

Re-tenanted retail portion (20,000 sf) of premier mid-town office tower adding $2.5 million/year in gross rental income

Sold $53,000,000 in office properties

Managed lease administrator, analyst, asset manager

Managed investor relationships

Presented asset performance and conduct all quarterly investor meetings

Reviewed/wrote all annual business plans and quarterly reporting for investors

Reviewed annual operating/capital budgets

HSBC - February 1999-June 2000

VICE PRESIDENT

ASSISTANT VICE PRESIDENT/SENIOR REAL ESTATE SPECIALIST

Managed 1,000,000 sf “Major Buildings” portfolio in NYC

Managed Albany, Mid-Hudson, Westchester and Outer Borough real estate portfolios (112 properties/locations)

Negotiated lease renewals and identify alternative locations

Structured sale/leaseback transactions to maximize investment return and reduce occupancy costs

Handled acquisition and disposition of real estate assets

Subleased excess retail/office space

Interfaced with construction and maintenance to improve banking operations

Managed real estate tax appeal process and review operating/real estate tax escalations AMERICAN INTERNATIONAL GROUP, INC. (AIG) - June 1995-January 1999 ASSET MANAGER

Managed $115,000,000 domestic portfolio inclusive of 810,000 sf of commercial office and retail; 418 residential apartments

Redeveloped 90,000 sf of retail space in Los Angeles, CA

Negotiated the disposition of assets for cash sale or UpREIT structure

Performed cash flow projections and reviewed financial performance for reporting to senior management

Implemented all capital improvement plans

Managed all third party property management and leasing activity REAL ESTATE ANALYST

Negotiated new commercial office leases/renewals for corporate subsidiaries (68 leases, 250,000 sf,

$13,000,000 leasehold value)

Performed financial projections on leasehold costs for user groups SCR DESIGN ORGANIZATION, INC. - August 1993-May 1994 MANAGING DIRECTOR OF MARKETING

HARPER LAWRENCE, INC. - December 1991-April 1993

COMMERCIAL REAL ESTATE SALESMAN

M.S. in Real Estate Investment/Asset Management - December 2000 NEW YORK UNIVERSITY – The Real Estate Institute (GPA 3.89/4.0) Certificate in Building Construction - May 1998

NEW YORK UNIVERSITY – NYU School of Continuing Education M.B.A. in Finance - May 1994

RUTGERS UNIVERSITY – Graduate School of Management B.S. in Management/History - May 1989

RUTGERS UNIVERSITY

Honors: Sigma Iota Epsilon Honor Management Fraternity (Treasurer) Rutgers University Management Society – 2 years (Treasurer – 1 year)



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