Project Manager Management

Tony Grimaldi

*** ***** *** **** ● Bartlett, Illinois 60103 ● Home 630-***-**** ● Cell 630-***-****

Multi-Family Management & Construction

Multi-Site Property Management / Corporate and Private Properties

Property Renovations / Condominium Conversions

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Accomplished executive with over 18 years broad-spectrum experience in all phases of property

management, directing assets valued to $190 million. Outstanding communication skills to interface

with tenants, vendors, city and state agencies, ownership and other team members associated with

the properties.

Focused and highly organized with proven strengths in increasing revenues, occupancy, and income

through building tenant relations and responding to resident needs. Solid qualifications in P&L

management and creating team leadership. Demonstrated ability in identifying and capitalizing on

market conditions to build occupancy and outperform competition.

Highlights of accomplishments:

● Coordinated a regional marketing campaign to attract new prospects and retain existing

residents. Result: Increased occupancy 8% in one year and stabilizing the Midwest Region.

● Directed renovation projects for five properties simultaneously in various states and saved

$450,000 by eliminating need for outsourcing of all construction work. Completed all

renovation and capital improvement work ahead of schedule and within budget.

● Organized and directed the redevelopment, renovation and expansion of an initial portfolio

consisting of three properties to thirty-seven properties in multiple states.

● Implemented a multi-state effort through banking relationships to position CMS as a

recognized leader in property management and acquisitions in the real estate industry.

PROFESSIONAL HISTORY

Comprehensive Management Services / Aton Properties

$900 million real estate acquisitions company / specialty construction group

-- Senior Manager, 1988-1992

-- Regional Manager, 1992-2002

-- Senior Project Manager, 2002-2006

-- Director of Operations, 2006-2009

Tony Grimaldi Page 2

Professional History (continued):

Responsible for multi-site property management, with full P&L for the entire portfolio. Scope of

accountability includes services encompassing the selection, review, and management of outsourced

and monitored services including landscaping, snow removal, janitorial, HVAC, plumbing,

electrical, elevators, fire, life safety, security, and local and state code compliance.

Develop and administer a $12 million annual operating budget and a $16 million capital budget.

Accomplishments:

● Directed and evaluated the daily review of properties performance, pricing strategies,

leadership to site staff, forecasting occupancy levels, and tracking lease capture and renewal

rates.

● Led a dynamic and effective management team for fourteen conventional properties totaling

3,384 units valued in excess of $190 million dollars.

● Approved the outsourcing of vendors and monitored quality of services and products.

● Directed the training and development of key employees to accept future management and

supervisory responsibilities. Encouraged and motivated employees on assigned projects to

excel and prepare themselves for company expansion and growth.

● Directed the approval, redevelopment and opening of three conventional apartment

complexes to luxury hi-rise rental condominiums and retail with a combined value in excess

of $175 million dollars.

● Effectively managed project feasibility studies, pre-construction planning, budgeting, long

range financial forecasting, developing scopes of work, setting up the bidding process,

contract review and project supervision.

● Successful in negotiating bank financing (mezzanine portion) and maintaining bank and

owner confidence.

● Created a three-year strategic capital improvement plan for the property management

portfolio.

● Broadened brand identity to position CMS / Aton Properties as a leader in the delivery of

quality real estate products.

Gino’s / Marriot Incorporated 1982-1988

Hotels / Restaurants

Regional Training Manager

Administered a company approved 13 week formal classroom training program, including

demonstrations, lectures, on the job training and workshops for potential managers in the hospitality

industry. Direct responsibility for recommending new members for promotion and transfer.

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Notable Relationships:

Bank One, Chase Bank, Royal Bank of Canada, New York Credit, New York Life, Cities of Miami

Beach, St. Louis, Indianapolis, West DesMoines, Peoria, Louisville and HUD.

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