Management Manager

Larry Garcia

*** ******* ***** ****

Thornwood, New York 10594

914-***-**** home

646-***-**** cell

*****.*******@*******.***

Real Estate Professional with 20+ years of experience in accounting,

operations and management with emphasis in the commercial/industrial

product. Recognized for maintaining growth targets while achieving

significant cost savings. Financial savvy with expertise in budgeting,

income and expense analysis, and cash flow management. Strong leader who

builds and motivates support staff yet can comfortably work with outside

auditors, counsel and contractors. Effectively communicates, negotiates,

and manages tenant relationships.

KEY CAREER HIGHLIGHTS

. Supervised a team of staff accountants in designing, evaluating,

purchasing and the implementation of a property

accounting/construction accounting software package while establishing

guidelines for its use and operation.

. Assumed construction management duties of a 50,000sf flex building six

months after start-up, delivering goals on time while saving $500,000

in tenant fit-outs. Rerouted fiber optic lines at a net savings of

$300,000 by convincing Verizon to bear the expense as an opportunity

to upgrade its infrastructure.

. Spearheaded a property repositioning via a $2,000,000 redevelopment

project for a 225,000sf full-occupied office complex, delivering goals

on time and on budget while maintaining tenant relations; the property

generated at an additional $5 per square foot when new leasing

opportunities arose.

. Contributed to the start-up and growth of a new brokerage and property

management firm into Long Island's most active commercial brokerage

office. Developed marketing materials and generated new assignments,

established and oversaw accounting group while personally involved in

$10,000,000 of commercial and industrial transactions.

CAREER PROFILE

Senior Managing Director/Contract Employee

Renaissance Property Associates, LLC

Plainview, NY:

October 2005-January 2009

Design, establish, and maintain an organizational and operational structure

within the property and construction accounting groups to effectively

accomplish the department's goals and objectives. Establish guidelines for

property management and property accounting divisions particularly the

billing of pass-throughs, negotiate paybacks with tenants, if necessary, in

an attempt to reduce A/R. Participate in the development planning of three

of Long Island's most ambitious mixed use projects. Track the performance

of investments for presentation to ownership. Prepare and package financial

analysis for executive review.

Contract Employee

Baker Properties, LP

Pleasantville, NY

August 2003-August 2005

Asset managed 750,000sf of office/flex/industrial property in Connecticut

while project managing the construction of a pre-leased 50,000sf flex

building in New Jersey. Monitor and analyze monthly operating results

against budget. Coordinated costs and scheduling while consulting with

engineers, subcontractors, and a general contractor. Organized marketing

activities and handled tenant leasing and relations. Maintained budget

despite utility issues and tenant overruns.

Regional Director

Brandywine Realty Trust

Jericho, NY

August 1999-June 2003

Strategically managed the L.I. and northern N.J. regions with 1,400,000sf

of office and industrial properties and 12 employees; demonstrated on-

budget activity with growth of 4%+ and no increase in controllable

expenses. Oversaw daily operations of regional finance group. Manage the

preparation of financial outlooks and financial forecasts. Recommend

benchmarks for measuring the financial and operating performance of

divisions and departments. Integrated corporate and regional functions with

personnel by setting up a program in which all levels of staff were

familiarized with corporate standards and operations. Developed,

implemented, and monitored business plans and budgets for properties and

the regional operations center. Directed operations of local bookkeepers

and remote property accountants while overseeing A/R, A/P and capital

projects. Supervised leasing, management and construction departments and

took an active role when needed. Served on corporate planning and policy-

making committees. Member of the corporate acquisitions and due diligence

team.

Consultant

Self-Employed

December 1997-August 1999

American Express; New York, NY: Developed and designed a graphic interface

used in presentations on usage to Corporate Card clients.

RDS Holdings & Trust; Greenwich, CT: Worked on site selection, development

potential, and studying economic conditions for the development of a major

Caribbean Beach resort. Prepared preliminarily construction and operating

budgets for obtaining investors.

Splitrock Services; Yorktown Heights, NY: Trained and supervised a group of

project engineers on design and implementation strategies that would

maximize total return while serving the client.

Director

Sasso & Fitzsimmons, LTD

Syosset, NY

January 1995-December 1997

Helped establish and grow company for its eventual purchase by Insignia/ESG

as its Long Island Office (now CB Richard Ellis). Established and trained

the firm property accounting/management group. Developed and tracked the

firms operating budget. Served as the firms' startup bookkeeper then

supervised as firm grew. Designed marketing materials promoting the firm,

its services, and the marketplace. Selected and administered the

installation of computer systems. Throughout all this, functioned as an

active leasing salesperson representing both landlords and tenants.

Analyzed offers, investment properties, and development projects.

Asset Manager

The Shorenstein Company

New York, NY

January 1994-January 1995

Oversee the accounting department to ensure accurate and timely financial

reporting. Review and report to ownership on A/R aging reports and budget

variances. Directly responsible for all lease administration and database

management duties. Interfaced with Portfolio Managers, Analysts, Property

Managers and Leasing Brokers in order to prepare and report on property

performance to institutional ownership via budgets, quarterly and monthly

reports.

Controller/Operations Manager

Schmergel Enterprises

Great Neck, NY

August 1990-December 1993

Responsible for accounting, leasing and property management activities of 8

Class "A" office properties. Supervise the bookkeeping staff and

spearheaded the computerization of the accounting department. Established

goals and objectives, evaluated options, provided feedback and motivation

to obtain successful results from hardware/software contractors as well as

in house staff throughout the transition. Prepare month operating reports

for management. Work with auditors on a quarterly basis.

Property Accountant

Market Research Coordinator

Salesperson

Cushman & Wakefield, Inc

Uniondale, NY

February 1985-August 1990

Property Accountant: Decentralized accounting activities. Responsible for

all A/R, A/P and reporting activity for 2 million sq.ft. of Class "A"

properties managed. Reviewed all invoices and payment requests for

accuracy and validity. MR Coordinator: Maintain a database of available

properties, track market trends and match prospective tenants to

availabilities. Report to brokerage staff on market activities.

Salesperson: Active leasing broker, having participated in over 1,500,000

sq.ft. of transactions.

COMPUTER SKILLS/SOFTWARE

Expertise in Microsoft Office Professional (Word, Excel, PowerPoint,

Access, Outlook, Publisher)

Lotus Notes, Corel WordPerfect, Lotus 1-2-3

Argus, MRI, Skyline, BudgeTrac, Timberline and Yardi

EDUCATION

Certificate-Commercial & Industrial Real Estate Studies, New York

University, 1987

Bachelor of Science-Business Administration, Mercy College, 1985

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