Real Estate Development
Resume:
MICHAEL S. DOUGHERTY
***@****************.***
Atlanta, GA 30327
Direct: 404-***-****
QUALIFICATIONS SUMMARY
Extensive experience in financial transactions, investment analysis and
value creation for multiple real estate product types. Proficient in
financial modeling, market analysis, asset management, leasing, legal
documentation, land acquisition, entitlements and disposition throughout
the U.S. and Latin America.
PROFESSIONAL EXPERIENCE
DOUGHERTY CAPITAL INVESTMENTS, Atlanta, Georgia 2008 -
Present
Full-service development firm specializing in mixed use development,
distressed acquisitions and investment throughout the Southeast.
. President, Commercial Development
o Leveraged relationships to initiate a business including creation and
execution of a business plan and documentation of new entity. Managed
data mining, market collateral creation, budgeting and forecasting.
o Successfully negotiated and entitled a 17 party land assemblage
adjacent to the top performing new Super Target store in the U.S.
Obtained an infrastructure subsidy from the largest Hospital in
Georgia
o Raised $100,000 of seed capital during challenging economic
environment
o Named "Preferred Developer" for a Fortune 500 company
o Created proforma, lease, and best practices for single tenant regional
build to suit program
o Budgeted, pre-leased and packaged a $50 million project for sale to a
regional development firm
OPUS SOUTH CORPORATION, Atlanta, Georgia 2004 - 2008
O.S.C. is the Southeastern operating branch of Opus Corporation, a $2.1
billion development and design-build construction company. Opus is active
in all four major commercial property sectors with 1,500 employees in 21
cities.
. Director of Development
o Led a development team of 15 people to identify, finance, lease,
construct and sell retail, office and mixed-use development projects
throughout the Southeast
o Oversaw the development of a 600,000 s.f. LEED "Gold" certified Social
Security Administration building in Birmingham, AL.
o Launched a new retail division in Atlanta and grew it into an Atlanta
Business Chronicle top 10 development firm within three years
o Successfully developed the regional office's first multi-family
project: a 294 unit apartment complex. Identified, underwrote and
entitled two other multi-family projects
o Negotiated favorable terms and entitlements in a complex regulatory
environment including
o Produced double-digit division growth for three consecutive years
o Successfully negotiated approvals with Federal, State, City, County
and Municipal agencies while maintaining a 100% on-time delivery and
avoiding any disciplinary action
o Negotiated terms and obtained $100 million of construction financing
o Created new financial model that changed and strengthened the
company's retail analysis capabilities, while enabling double-digit
division growth
CYPRESS EQUITIES (Staubach Retail Services), Atlanta, Georgia 2002 -
2004
Cypress is a 20 year-old retail merchant development, asset management and
leasing company with approximately 10 million square feet of ground-up
development to its credit.
. Director of Real Estate
o Produced and implemented budgets, delivering all projects that I led
at or below pro-forma
o Performed market analysis for major Southeastern MSAs; established a
growth strategy for the retail division that is still utilized
o Successfully identified, entitled, leased and sold two neighborhood
retail centers in two years
o Supervised construction team, delivered all projects within 90% of the
allotted time
o Underwrote, packaged and sold $40 million of investment properties in
two years
KMART CORPORATION, Atlanta, GA / San Juan, Puerto Rico 1998 - 2002
Kmart Corporation is now part of Sears Holding Corporations, the nation's
fourth largest retailer with approximately 3,900 stores in the United
States, Canada and the Caribbean.
. International Real Estate Representative
o Performed all aspects of new store development in both the U.S. and
Latin America. Received four promotions in three years, culminating
in a promotion to the international division in November of 2000.
Relocated to Puerto Rico and am proficient in Spanish.
KMART - Domestic Highlights
o Kmart Top Producer - 2000 - Obtained more Capital Committee approvals
than any other Real Estate Representative at Kmart
o Obtained approval for 22 new domestic stores and expansions with a
capitalized value in excess of $300 million
o Supervised a 340 property portfolio including successful
implementation of budget initiatives, negotiation of lease amendments,
outparcel sales and closed-store marketing
o Won the Schwartzkopf Award in February of 2001-Awarded to one Kmart
associate (out of 275,000) per week for exemplary performance above
and beyond job description
o Successfully negotiated rent concessions through landlord work outs
during Kmart bankruptcy
KMART - International Highlights
o Developed a system for market analysis and site selection in multiple
countries and cities
o Procured, documented and managed international development projects
o Successfully developed Kmart's first store outside of North America
o Structured transactions utilizing third party financing via sources
such as the IFC, OPIC, IDB and other institutional lenders
EDUCATION
University of Georgia - Terry College of Business, MBA, 2010
University of Georgia - Bachelor of Arts, 1996
CONTINUING EDUCATION/PROFFESSIONAL AFFILIATIONS
SEEA, USGBC, NAESCO
ULI, CCIM, BOMA and ICSC Member 2010
Berlitz Spanish Emersion - 2000
BOMA - Green Building Initiatives 2009
CCIM - Intro, 101, 102, 103 and104
ICSC -Law Seminar for non-legal professionals
ICSC - Market Analysis for Real Estate Professionals
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