Real Estate Manager
Resume:
Len Bravo
Email: *********@********.***
Address: *** ******* ***
City: Kennesaw
State: GA
Zip: 30152
Country: USA
Phone: 404-***-****
Skill Level: Director
Salary Range: $150,000
Willing to Relocate
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
Len Bravo
*********@********.***
Executive Summary: Results oriented self-starter with diversified commercial real estate experience is looking to join a dynamic and growing commercial real estate investment organization. This motivated executive has been a productive -hands on- performer and partner at top tier private equity groups. His ability to set and achieve goals has provided him with the opportunity to successfully lead the acquisition and management execution of varied business plans on more than $2.5 billion in assets. His experience spans several asset types including; office, industrial, multifamily, retail, hotel, raw land, and ground up development. He has lead the acquisition and disposition of more than $700 million in assets and has developed strong relationships with principals, tenants, brokers and vendors throughout the United States.
Experience:
Bravo Properties & Consulting Atlanta, GA. Consultant (2009 - Present)
Greenstreet Real Estate Partners, L.P. Miami, FL. Director of Asset Management (2011 - 2012)
* Lead the management of $150 million office and retail portfolio for Miami, FL. based high net worth investor.
* Work o restructure (DPO) discounted purchase offer directly with special servicer on (2) 2007 originated office deals p in payment and maturity default, which were ultimately foreclosed.
* Lead the negotiation of 44k sf of new leases on 275k sf distressed retail portfolio in Texas and California.
* Engaged by NY based opportunity fund to underwrite several transactions. Including a $69 million multifamily portfolio, a 4.5msf industrial portfolio and a 3.1msf industrial portfolio.
* Engaged to execute business plan of $400MM+ mixed use 1.5 million square foot redevelopment of 70 Pine Street and 72/74 Wall Street, in NYC for operating partner of international joint venture.
KBS Realty Advisors Atlanta, GA. Senior Vice President - Acquisitions & Portfolio Manager (2008 - 2009)
* Opened regional office (GA, FL, TN, SC & AL) for pension fund advisor and private REIT, with $7.0 Billion in office and industrial assets. Hired and managed staff of analysts and administrative personnel.
* Initiated 13 offers totaling $825 million in FL, GA and TN. Lead sourcing, analysis, committee presentation, negotiation, due diligence and closing of $53 million in Atlanta office and industrial transactions.
* Responsible for monthly asset reporting and the review and approval of the 2009 operating budgets for a 3.5 million sf (1.0 mm sf office, 2.5 mm sf industrial) portfolio valued at $300 million.
* Lead negotiation of approximately 35 renewal and new leases totaling more than 300,000 sf.
* Lead the creation of detailed submarket overview, which utilized Co-Star data and ranked submarkets based on historical growth rates, absorption & vacancy. Created detailed trophy asset reports for -best in class- assets, which detailed ownership, loan maturity, tenant expirations utilized to proactively target deals.
Starwood Capital Group Atlanta, GA. Vice President - Asset Manager - Associate (1999 - 2007)
* Lead business plan execution for a diversified portfolio of assets across several geographic markets.
* Prepared and presented semi-annual hold/sell/refinance report recommendations to executive committee.
* Lead and assisted underwriting of various office, industrial, multifamily and land deals in assigned primary markets; Boston, Washington D.C., Northern Va, Chicago, Charlotte. Raleigh.
* Lead asset management due diligence and approval for underwriting team assumptions in connection with the acquisition of more than 4,500 multifamily units in the mid-Atlantic region between 2004 and 2007.
* Managed $500 million multifamily portfolio of 4,000 units in Northern Virginia (NOVA) and Las Vegas. Directed $25 million of exterior and programmatic interior upgrades across NOVA portfolio, which produced a 15%+ average ROI on rental units and $150 million in NOVA condominium conversion sales.
* Lead business plan development and execution for an award winning 290-unit -active adult- waterfront community in Tiverton, RI. Total sales realized during my management were approximately $120 million.
* Lead the disposition effort of more than $500 million of office, industrial, hotel and land assets. Selected sales broker, negotiated sale and managed closing process. Specific asset dispositions include:
Starwood Capital Group Atlanta, GA. - (continued)
1 Cabot Road- Medford, MA. $50 million - 2006
1801 K Street- Washington D.C. $250 million - 2006
Triangle Plaza - Chicago, IL. $92 million - 2005
8609 Westwood Center Drive - Vienna, VA. $32 million- 2006
10 & 20 Industrial Avenue- Chelmsford, MA $13 million -2006
175 Mcllellan Highway - Boston, MA. $22 million - 2005
114 First Ave - Needham, MA. $10 million -(user sale) 2004)
SPOT Portfolio - Boston, MA - $19 million - 2002-2005
Cameron Station land - Alexandria, VA -$14 million - 2003
Hampton Inn - Burlington, VT - $10 million - 2001
* Hired, lead and terminated third party office and industrial property management and leasing teams.
* Lead negotiation of development agreement to rezone a downtown Boston office property site to a 1MM SF mixed-use project. Worked closely with partner and vendors to establish pre development plan and budget.
* Created IRR and profit optimization template designed to provide management with the ability to analyze portfolio returns by individual asset and/or fund level refinancing or disposition.
* Provided analytical support for more than 4 MM sf of office and $250MM luxury health club investment located in various markets including: Chicago, Southern California, Denver, Minneapolis, Boston and Florida.
Morgan Stanley Dean Witter, Inc. - New York, N.Y. Associate / Controller (1996-1999)
* Prepared & reviewed quarterly financial statements and disclosure for various MSRE Funds. MSREF III had a combined equity commitment approximating $ 2 Billion.
* Managed the preparation and weekly distribution of MSRE Fund cash and borrowing reports.
* Maintained fund level preferred return, distribution and cost of capital models.
* Lead liaison for all activity on revolving credit facility, including determining credit needs, availability calculations, and all documentation for various MSRE Funds.
Chase Manhattan Bank, N.A. - New York, N.Y. Staff Accountant - International Accounting (1994-1996)
Core Competencies: Proficient at acquisition underwriting, asset valuation, hold/sell and incremental return analysis, budget review, business plan creation and execution. Extensive acquisition, management, lease, bank and CMBS financing, development and disposition agreement negotiation. Have lead, hired, and managed analysts, associate and administrative personnel. Proficient in ARGUS and EXCEL modeling, Powerpoint presentations, investment memorandums, market research, personnel analysis, and use of data resources such as Co-Star, REIS, Real Capital Analytics and Smith Travel.
Education:
Georgia State University- J. Mack Robinson School of Business - Atlanta, Ga.
M.B.A., 24 hours completed - 2000-2001
Long Island University - C.W. Post, Brookville, N.Y.B.S. Accounting - 1995
Activities:
ICSC member (current)
NAIOP & ULI (past)
Volunteer & fundraiser for American Diabetes Association
St. Vincent DePaul Society
Atlanta Habitat for Humanity volunteer
Running, Cycling and Family
*********@********.*** 404-***-****
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