alyce conti
**** *** ****** **, *******, WA 206-***-**** ( ***********@*******.***
real estate acquisitions + development professional overview : Results
oriented, decisive leader with proven success in all phases of the project
life cycle, having driven the acquisition, development, and construction of
more than $1B worth of projects over career. Utilize critical and creative
thinking to value engineer and resolve problems. Project repositioning
expert; recognized as a strategist and strong closer able to assess needs,
formulate and present ideas, and build key relationships with thought
leaders, public officials, and stakeholders.
acquisitions + development
Small to Large Scale Asset Project Management Specialist
Acquisitions + Dispositions Portfolio Management + Optimization
Pipeline Flow Management Branding, Target Markets, Strategic Vision
Financial Modeling, Feasibility & & Foresight
Development
acquisitions, development, renovations, dispositions + management
. Acquisition, development, renovations, management, conversion, and
adaptive reuse of more than $1B of senior housing, hotels, mixed-use,
retail, office, multifamily, residential and transit oriented
development projects. Experience managing multiple, complex, high
profile projects from concept to roll-out. Development of new markets,
requiring strategic planning, acquisitions, lease administration,
design/concept development, construction, build-out and asset/property
management.
. Handled asset disposition program at Eden, Emeritus, Saito and Incor.
Responsible for minimizing risk and maximizing return through
effective marketing and management of targets including raw land,
partially developed sites and income property. Handled commission
negotiations, broker/management company engagement and management, and
lease-up if needed to preserve value. Managed acquisitions of
troubled assets, assimilating into the portfolio.
. Apply in-depth understanding of markets, competition, existing
developments, and market differentiators to reposition properties and
launch new concepts. Identify entitlement/development risks by
assessments of Phase I/ II, geological reports, surveys, EIS,
traffic/marketing studies, construction costs, and financing needs.
Develop design, construction and renovation guidelines for field
teams, GC's and vendors including Built Green/LEED and Historic
Preservation initiatives.
. Establish, maintain and manage budgets, draws and schedules keeping
all aspects in line. Monitor accounts and recommend budget
adjustments when appropriate. Accomplish project goals within budget
and quality standards. Prepare, manage and track project progress,
scope documents, cost estimates, and development records.
. Lead, train, and mentor staff and consultants. Administer appraisal,
acquisition, and other third party contracts. Administer real estate
policies and procedures, interpret and ensure compliance with
government standards. Handle acquisition and relocation program and
keep in compliance with federal standards. Experienced with
appraisals, eminent domain and condemnation.
. Market areas of expertise: Northwest, Bay Area, California, Southwest,
National and Global Arena. Identify target markets for development
based on demographic criteria, drill down on competitive risks, and
establish product pricing and positioning.
finance + analysis
. Evaluate and recommend proposed unit mix, pricing, absorption, and
carrying costs. Determine market value of potential sites; build and
negotiate economically attractive deal structure. Analyze
existing/potential investments to maximize portfolio and project
performance.
. Create and present property proposals containing detailed market and
financial analyses to loan committees/REIT's for underwriting
approval. Made multi-million dollar credit recommendations based upon
research and analysis of proposed projects. Develop appropriate
metrics and report detailed business/project analysis to company and
investors. Devise pro-forma statements calculating net investor
profits for projects, factoring NOI, DCF, IRR, leveraged/unleveraged
operating return, and other key factors.
marketing + public relations
. Understand psychographics of buyers/renters to attain absorption;
developer of innovative public relations, and advertising strategies
and campaigns. Leverage consumer insights from internal and external
sources into positioning, branding, communication, and product
innovation. Generate fresh and attention grabbing ideas to keep
project in limelight.
. Develop company and project awareness through social media, online
communities/websites. Identify opportunities, creating company-wide
high energy messaging. Regularly report to internal stakeholders on
campaign success. Analyze business results using web analytics and
research data. In 1 year grew Facebook fan base from 0 to over 5000
through social media campaign for retail endeavor; fans account for
over 50% of sales.
. Develop marketing plans that are repeatable, scalable, and measurable.
Analyze sales operations and performance, identify/implement changes.
Implement innovative public relations campaigns. Track record of
increasing sales and profitability through brand and company growth.
Assess and develop brand performance in relation to current market
trends and competitive landscape.
experience
EDEN DEVELOPMENT, URBAN HOME + LAND COMAPANY, Eco-Wise Environments,
Seattle, WA June 2006 - Present
CEO-Acquisitions, Development + Sustainability Lead: Direct real estate
acquisitions, financing, and development with a focus on eco-development,
bringing community and sustainability to owner and equity investor urban
projects. Manage partnership syndication, investor relations, deal
underwriting, acquisition, FHA approval, design conceptualization,
construction management, property management public relations, marketing,
and advertising efforts. Seattle projects include two historic Green condo
conversions and a retail store, Design Theory. Work as a
Development/Market Consultant to institutional/equity investors. Critical
acclaim for projects in Seattle Magazine and Seattle Homes + Lifestyles.
EMERITUS CORPORATION, Senior Housing, Seattle, WA
July 2003 - September 2006
Manager of Acquisitions and Dispositions, National
Managed acquisitions, divestitures, and new development in United States.
Led mergers and acquisitions process including due diligence, deal
structure, underwriting, and identification of investment risks.
Instrumental in growth in 2003 from $389M in assets to nearly double by
YE06 to $703M by acquiring 99 facilities. Negotiated/developed terms for
existing facility acquisitions, land deals, dispositions, sale/leasebacks,
easement agreements, master leases, management agreements, restructures,
and other strategic alliances. Projects ranged from one-offs to 25+
property portfolios from industry players, with deal value up to $187M+.
Developed and executed a broad range of strategic and tactical initiatives
enhancing the property portfolio such as the Expansion and Land Development
Programs.
EXTENDED STAY AMERICA, Hospitality, Seattle, WA
October 2000 - August 2003
Real Estate Development Manager
Located and evaluated hotel development sites in the western states (Deal
Value: ~$15M). Handled all aspects of acquisitions and development, with
full accountability for on-time opening to Operations. All sites ground up
construction in high barrier to entry markets requiring market/site
selection, physical/feasibility analysis, site plan development, deal
structuring, due diligence, contract negotiations, underwriting, financing,
operating/capital budget development, ROI analysis, sustainable rate
projection, closing, and rollout. Spearheaded policy change for the
expansion into urban infill locations. Frequent national leader in
production with 8-10 executed contracts/deals per year.
SOUND TRANSIT, Regional Transit Authority, Seattle, WA
August
1999 - October 2000
Transit Oriented Development Manager
Developed and implemented the real estate development program to maximize
development potential on property acquired for transit project. Real estate
projects had a development value range of $5M-$100M+. Worked with local
jurisdiction sand communities to amend zoning/land use code to allow for
higher density development in station areas to bolster fare box recovery,
create origins and destinations, and complement comprehensive plans.
Managed 23 mixed-use projects in pre-development; built-in engineering to
allow for maximized development potential at stations, so TOD not
precluded. Managed strategic planning in terms of schedule, budget,
profit, and stakeholder satisfaction, meeting aggressive targets for
project profitability. Led large, cross-divisional and interagency project
teams on highly sensitive projects (Rainier).
KEY BANK, Community Development Division, Seattle, WA
October 1998 - August 1999
Commercial Real Estate Credit Underwriting Officer, Western Region
Made multi-million dollar credit recommendations based upon research and
analysis of proposed projects (Deal Value: $5M-$30M). Provided value-added
feedback to sales team through risk/mitigation analysis and restructured
deals for client/credit success.
LIHI, Affordable Housing Developers, Seattle, WA
March 1996 - December
1998
Senior Real Estate Developer + Asset Manager
Acquisition and development for mixed-use projects (800+ housing units)
with historic renovation and senior housing focus. Projects had development
value of $2M-$30M; increased/managed portfolio from $2M to $66M. Handled
investor management syndication and partnership formation. Expert in
packaging/obtaining funding for difficult deals including public,
foundation, banks, and corporate dollars. 100% success record with LIHTC
program ($22M); City ($11.7M+); awarded $2.5M from the State Trust Fund;
and $4M of tax-exempt bonds from the State.
SAITO REALTY INVESTMENTS, International Real Estate Firm, San Francisco, CA
May 1989-March
1996
Senior Real Estate Developer + Asset Manager
Acquisition and development of projects in the Bay Area (Deal Value: $2M-
$120M) including office/industrial/retail space, restaurants and garages;
two hotels; a car rental agency; a winery with cottage-style resort,
restaurant and antique shop on the site; condominiums and luxury homes.
Development and management of 2200+ housing units and nearly 1M square feet
of commercial space.
education, credentials, activities, organizations
. Indiana University, Bloomington, Independent Study Program (Present).
. Arizona State University, Tempe, International Finance and Economics
(1984-1987). Deans Honor List 1986.
. Board Member, Finance Representative, City of Seattle, Landmarks
Preservation (2007-2010)
. USGBC, NAHB, Affordable Builders Council, Master Builders Association,
South Lake Union Chamber of Commerce, Chamber of Commerce, Ballard
Chamber of Commerce, and Capitol Hill Chamber of Commerce, Urban Land
Institute, American Planning Association, Trust for Public Land,
National Trust for Historic Preservation