Real Estate Project

EDWIN A. SUNDARESON

Master of Business Administration Master of Architecture LEED Green

Associate

562-***-**** . ***********@*******.*** Long Beach, CA

Project Management Leader and Executive with sought-after experience

in Multimillion-Dollar Construction, Development & Design projects,

with a solid background managing multiple, diverse, concurrent and complex

projects valued over $1 Billion in aggregate cost.

> Record of extracting millions in value engineering savings over a

successful 15+ year career focusing on maximizing profits with 85% of

projects exceeding project returns.

> Successfully led more than 25 multimillion-dollar projects ranging in

cost to $250 million.

Core Competencies/Skills

Project Management Team Leader Supervised Construction Management

Product Development Acquisitions Contract Negotiations Value

Engineering Financial Analysis & Pro Forma Budget Management Cost

Estimating Strategic Planning Rehab Projects Asset Acquisition LEED

Certification

Overview

> Reputation for ensuring projects are always financially viable,

aesthetically appealing, architecturally sound, environmentally

conscious, and publicly approved and sanctioned.

> Vast Experience - Diverse Experience and Knowledgeable in all aspects

of development and a wide range of project types, specializing in

residential (high-density housing), retail, office, and industrial

properties, for small to large firms, for-profit and non-profit

organizations.

> Market Driven - A creative catalyst of unique developments that are

consistently saleable, marketable, financially feasible, and

environmentally sensitive.

> Strength in Management - Adept at working multiple jobs and teams

simultaneously, conscience of all details and big picture.

> Multifaceted leader from conceptualization to development, identifying

and bringing deals to the table, committed to reducing costs without

sacrificing quality in all phases and stages of development.

> Record - Keeping projects on track and keeping cost in line. Record of

developing numerous cutting edge design mixed-use projects with

commercial, residential and office components in highly urbanized areas.

> Value Adding - Reputation for identifying value-added opportunities in

development and rehab.

Selected Successes

< Sundareson Development and Consulting - Successfully managed and operated

business, flipping multiple properties. Additionally managed multiple

contracts with businesses to provide Real Estate Services.

. Marcus & Millichap - Assisted over 40 investors in real estate

analysis and transactions as a real estate advisor and commercial

broker.

. Retirement Housing Foundation - Responsible for successfully directed

Staff and Consultants on repositioning and rehabbing five residential

towers. Value engineered over $50 Million in cost reductions working

with Contractors and Architects.

. Lennar Urban - Led repositioning efforts on two real estate deals, due

to changing economic conditions, which included redesigning, re-

entitling, and value engineering projects. Included a conversion of an

old office building to residential lofts.

< KB Home Coastal Inc. - Responsible for Development Department for KB

Homes High Density Group in Orange County, California. Developed 4 high-

density in-fill projects with large podiums and subterranean parking

structures and all infrastructure improvements totaling $542 million.

. Completed 15 Real Estate Investment packages for Acquisition Analysis,

Funding, Underwriting, and to obtain investor and joint venture

interest.

. Identified over $100 Million in value engineering and design

improvement changes for 4 projects for KB Home.

< Champion Development - VP in charge of High Density Residential

Developments and Mixed Use Developments. Managed and developed four award-

winning mixed-use infill projects in Downtown San Diego and Pasadena with

retail, office and residential components totaling $267 million.

< Western Pacific Housing/ D.R. Horton - VP, Established a new Multifamily

Housing Group and Department in Los Angeles. Managed two infill high-

density projects with large parking structure podiums at a total project

cost of $120 million and saved nearly $60 million with changes per value

engineering and design improvement changes.

< The Olson Company - Negotiated two very unique/ innovative Development

Agreements with cities to revitalize city blocks and develop two very

successful high density infill projects, totaling $150 million.

< Legacy Partners Commercial Inc./ Lincoln Property Company - Oversaw

development and construction of two new office buildings and the rehab of

three office buildings, which included a total gut & renovation of the

buildings, totaling $171 million.

< Vermont Slauson Economic Development Corporation - Oversaw four

government-funded projects totaling $22 million, two new affordable

housing multifamily projects, a new commercial shopping center, and rehab

of an industrial facility for an office and industrial business

incubator.

Select Project Summary

Oversaw development through predevelopment, entitlement, design

development, cost estimating, value engineering, permitting and

construction.

. Highrise/ rehab - Angeles Plaza - Los Angeles - 1,093-unit, Five (16-

story) Towers in Downtown Los Angeles, Senior Housing Project with

support facilities, complete gut and renovation. Total development cost

$96 million.

. Highrise / rehab - Harbor and Macarthur Towers - Los Angeles and San

Pedro - 150 and 170 units, 7 and 9 stories, Senior Housing project with

support facilities, complete gut and renovation.

Total development cost $8 million and $9 million.

. Midrise /Conversion of office building/rehab - Gallery Lofts, Los

Angeles/Mid Wilshire - 45 units, 5 stories, condo project, with 2 levels

of parking below grade. Total development cost $40 Million.

. Midrise - Highland Lofts, Los Angeles/Hollywood - 56 units, 5 stories,

condo project, with 2 level of parking below grade. Total development

cost $42 Million.

. Highrise - Astoria, Irvine - 240 units, 14 stories, condo project, with 2

level of parking below grade. Total development cost $186 Million.

. Highrise - Ocean Air, Long Beach - 216 units, 22 stories, condo project,

with 3 levels of parking above grade. Total development cost $157

Million.

. Highrise - McCabe, Irvine - 314-unit, 16-story, luxury mixed use condo

project, with 2 levels of parking below grade. Total development cost

$220+ million.

. Midrise - Gateway Center, Anaheim - 250-unit, 5-story, luxury condo

project, with parking below. Total development cost $125.5 million.

. Midrise - Warner Center, Los Angeles - 191-unit, 5-story, luxury condo

project, with parking below. Total development cost $91+ million.

. Midrise - Carlyle, Irvine - 156-unit, 5-story, luxury condo project, with

parking below. Total development cost $106+ million.

. Mixed Use / Retail/ Residential - Burbank Collection, Burbank -118-unit,

6-story, Luxury condos and lofts, over retail and parking. Total

development cost $115+ million.

. Mixed Use / Retail/Residential - Gaslamp City Square, San Diego, 220-

unit, 6-story, residential project with retail at base and parking below.

Total development cost $128 million.

. Mixed Use / Retail/Residential - Pasadena Collection West and East,

Pasadena, Mixed Use, 72- and 42-unit, 4-story and 5 story towers, with

retail at the base and residential loft above and a subterranean parking

garage. Total development cost of $40 million.

. Office / Rehab -Circle Business Center, Long Beach- Two 6-story office

buildings, 78,000 sq. ft. each, Total development cost $15 million.

. Office / Rehab and New Construction - 898 and 888 N Sepulveda, El

Segundo, Two office buildings, 9 and 12 stories, 85,000 and 140,000 sq.

ft., parking structure. Total development cost was $40 million.

. Office / Rehab -Townsgate-Westlake- 152,000 sq. ft. Office Park, Office

Building, Total Development Cost $30.5 million.

. Office / Midrise - Northpoint, San Diego - 6 R & D buildings totaling

385,000 sq. ft. Total Development Cost $38.3 million.

. Office / Midrise - The Point-Rancho Bernardo-San Diego - Two office

buildings totaling 385,368 sq.ft. Total Development Cost $38 million.

. Shopping Center -Vermont Slauson 75,000 sq. ft. Shopping Center, Los

Angeles. Total cost $5 million.

. Midrise Residential -Tradewinds, Torrance 92-unit, 4-story, senior

residential condo project, with parking below.

Additional Skills & Experience

Affordable Housing Analysis of Development Scenarios

Asset Acquisition & Management City, State, Federal Agency Experience

Commercial Brokerage Commercial Loan Underwriting

Design Improvements Developed Design Criteria &

Specifications

Developed Investment Packages Due Diligence

Investor and Board Liaison Joint Venture Formation

Land Acquisitions Large Team Management

Led Construction and Development Dept. Led Entitlement and Development Process

Market Data Analysis Marketing Strategy

Project Acquisition, Sale, Lease-up Project Entitlements

Project Redesign & Repositioning Project Scheduling

Project Vision Real Estate Investment Business Owner

Career History

Sundareson Development and Consulting 2007 to Present

(Investing and Flipping Homes, and Consulting)

President/ Owner

Consulting and Contract Engagements

. Marcus & Millichap, Commercial Broker and Independent Consultant for

Real Estate Advisory Services, 2009 to 2011

. Retirement Housing Foundation, Interim Vice President of Development,

2008

. Lennar Urban, Contract Employee/Consultant, 2007 to 2008

KB Home Coastal Inc., Irvine, CA 2004 to 2007

Director of Development

Champion Development Group, Los Angeles, CA 2003 to 2004

Vice President of Development

DR Horton / Western Pacific Housing, Los Angeles/ Ventura County Division

2002 to 2003

Vice President of Development

The Olson Company, Seal Beach, CA 2000 to 2002

Director of Development

Legacy Partners Commercial Inc. / Lincoln Property Company, Irvine, CA

1998 to 2000

Acquisition and Development Director

Vermont Slauson Economic Development Corporation, Los Angeles, CA 1991 to

1998

Economic Development Manager

Education & Certification

Masters of Business Administration

University of Southern California, 1998, concentration in real estate and

business development.

Masters of Science in Architecture

University of Michigan, 1990, concentration in real estate development and

urban design.

Bachelor of Science in Architecture

University of Michigan, 1988

Licensed California Real Estate Broker

LEED Green Associate accreditation

Professional Affiliations, Other Notable

. Board member, Vice Chairman and treasurer for Comprehensive Child

Development Center (a nonprofit to assist Low Income families and

children with child care and nutrition)

. USC Summer Real Estate Program graduate

. Selected to participate in the City of Los Angeles Commercial Building

Capacity Program

. Project Management Institute (PMI) Member

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