Real Estate Developer

CRYSTAL S. LEE

650-***-**** • *******@**********.***

EXPERIENCE

McKinley Capital Partners – Residential Real Estate Opportunity Fund Oakland, CA

Intern June 2009 - present

Perform due diligence for distressed residential subdivisions at various stages of development process.

Strategize presentation to banks regarding capital preserving solutions for foreclosed and REO assets.

Underwrite market and leasehold values of multi-tenanted commercial property worth up to $10 million as

part of developer portfolios at risk for default.

Produce quarterly reports published on company website regarding projected market conditions, current

legislation affecting potential homeowners and MCP activity.

Source potential investors, track subscriptions, and issue capital calls for REO fund targeted at $50 million.

Duff and Phelps, LLC – Real Estate Valuation & Consulting Group San Francisco, CA

(Formerly a division of Standard & Poor’s Corporate Value Consulting)

June 2005 – May 2008

Senior Associate

Constructed advanced valuation models utilizing ARGUS and Excel software. Implemented income, market, and

cost techniques to derive conclusion of value for income producing office, multi -family, retail, and industrial

properties totaling $1.3 billion.

Built DCF models for existing multi-tenant office properties and mixed-use Naval Air Base Redevelopments;

examples include $300 million Treasure Island Redevelopment and $200 million fair market value Hyatt

Regency Hotel located in the Financial District of San Francisco, CA.

Created “Above/Below” value models to determine NPV of client interests in leased properties. Produced

self-contained, summary, and restricted reports based on USPAP to meet client needs for f inancial reporting

purposes.

Reviewed asset summaries and investment platforms and provided positive assurance for hedge funds.

Analyzed client provided files including rent rolls, operation budgets, and asset ledgers; researched prevailing

market data and industry benchmarks; utilized all information collected to develop hypothetical investment

scenarios (i.e. sale-leaseback, leasehold values, etc.).

Managed and trained entry level analysts to meet deliverable deadlines for large portfolio assignments

including purchase price allocations (FASB 141 analyses) totaling $2.7 billion.

Collaborated with Managing Directors and Directors to write proposals to gain new client business.

Led recruiting efforts for undergraduate and experienced candidates; organized interview schedules, planned

campus visits, and helped determine possible hires.

EDUCATION

University of Southern California Los Angeles, CA

Master of Real Estate Development June 2008 - May 2009

Recipient of 2008-2009 Graduate Fellowship Award

Relevant Coursework: Real Estate Finance, Advanced Financial Modeling, Applications of Finance to

Problems in Real Estate, Legal Issues, Market Analysis, Asset Management, Real Estate Economics

University of California, Berkeley Berkeley, CA

Bachelor of Arts, Urban Studies and Planning September 2001 - May 2005

ADDITIONAL INFORMATION

Publications: “Tech Industry Helps Buttress the Silicon Valley Office Sector”. Casden Real Estate Forecast. 2008

Languages: Proficient in Mandarin and Cantonese

Professional Affiliations: Urban Land Institute, San Francisco Planning and Urban Research

Computer Skills: Advanced ARGUS applications & Microsoft Excel

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