Gary Kanter
**** **** ****** **. #*** / San Rafael, CA 94903
Cell: 415-***-**** / Home: 415-***-**** / ******@*******.***
Career Targets: Senior Portfolio / Asset Manager / Workout Specialist
Over 20 Years of Experience in Commercial Real Estate, including Vice
President and Managing Director Positions; Legal and Tax Background,
including JD Degree.
Strong Portfolio of Achievements includes Leading Asset Management Team
Managing a $300 Million + Real Estate Loan/Equity Portfolio, and Directing
Real Estate Joint Ventures with Major Real Estate Companies that Provided
20+% Returns.
Core Competencies
Asset Management & Utilization / Workout Strategies / Escalated
Problem Resolution /
Team Building & Leadership / Portfolio Liquidations / Foreclosure
Proceedings
Transaction Structuring, Negotiation & Documentation /
Real Estate Joint Venture Initiatives / Strategic Partnerships & Alliances
Portfolio Acquisition & Resale
Executive Background
**Current employment information (2004 to present) follows this section **
GATX FINANCIAL CORPORATION - San Francisco, CA
Vice President, Real Estate Asset Management - 1990-1999
Held full P&L responsibility for $300 million-plus real estate loan/equity
portfolio. Built and directed team of 7 in managing diverse portfolio (50+
assets in over 20 states). Established plans for minimizing losses during
market downturn through gradual liquidation of the portfolio.
KEY CONTRIBUTIONS & ACHIEVEMENTS:
. Acquired corporate and operational HQ buildings subject to long-term
credit sale/lease back; negotiated building sale for overall IRR of
15%.
. Oversaw joint venture with 2 regional developers to develop and market
high-end, single-family lots in gated community; assumed managing
general partner role and invested $15 million in equity over a 10-year
period. Sold over 200 lots and achieved IRR of over 15%.
. Served as construction lender on a 288-unit apartment complex;
received deed-in-lieu of foreclosure and directed successful
completion of construction, lease-up, and sale.
. Completed joint venture with local developer involving
acquisition/redevelopment of 415-acre former Air Force base. Overcame
significant delays (environmental issues) and ultimately closed on
purchase, reselling to another development JV at a profit.
Acted as the 1st lender on a suburban office building in Seattle,
negotiating deed-in-lieu of foreclosure and managing both lease-up and
ultimate sale of the building.
Gary Kanter - Page 2
Cell: 415-***-**** / Home: 415-***-**** / ******@*******.***
Managing Director - Specialty Finance - 1999-2003
Oversaw all aspects of real estate joint ventures and corporate real estate
transactions, including negotiation, structure, and documentation of each
JV (serving as primary GATX representative). Managed due diligence and
approval process for each investment, as well as all ultimate dispositions.
Served as a voting member of the Investment Committee.
KEY CONTRIBUTIONS & ACHIEVEMENTS:
. Managed joint venture for acquisitions of property portfolios subject
to long-term triple-net leases for credit tenants. Purchased and
resold $175 million of properties to achieve overall IRR of over 30%
(based on strategy to acquire diverse portfolios at wholesale prices
and re-sell at retail prices in 18 months).
. Led joint venture to develop program for offering fractional ownership
interest in portfolios of properties for 1031 tax-deferred exchangers;
secured and marketed $68 million portfolio of properties into 1031
market, resulting in $7 million-plus gain.
. Directed opportunistic joint venture for purchases of below-investment
grade CMBS, acquiring $20 million of CMBS to achieve overall IRR of
over 20% (based on strategy of holding 18-36 months for credit
upgrades and selling at 15+% IRR).
. Oversaw project to evaluate potential relocation of 66,000 sq. ft.
corporate headquarters within San Francisco Bay Area at the end of the
existing lease, leading to negotiation of long-time lease extension
with existing landlord on highly favorable terms.
** Previous position with GATX as Counsel; set up real estate finance
subsidiary and closed documentation of over $400 million of real estate
finance transactions nationwide. **
Additional Experience
PACIFIC MORTGAGE CONSULTANTS - Larkspur, CA
Mortgage Broker, 2004-Present
Placed various purchase and refinance loans for primary residences,
vacation homes, and commercial properties throughout California. Worked
directly with clients to address inquiries and issues for all aspects of
the loan cycle. Maintained compliance with regulatory reporting
requirements.
ZEISLER, ZEISLER & RAWSON - San Rafael, CA
Mortgage Consultant, 2005-2007
Provided mortgage brokerage and entity formation services to clients, as
well as business management services for music industry clients. Prepared
tax returns for individuals, trusts, partnerships, LLCs, and S & C
corporations.
Education & Credentials
Juris Doctor
Hastings College of the Law, San Francisco, CA
Bachelor of Arts
Harvard College, Cambridge, MA
Professional Licenses
California State Bar; California Real Estate Broker