Post Job Free

Resume

Sign in

Real Estate Manager

Location:
Park City, UT
Posted:
November 05, 2012

Contact this candidate

Resume:

GEORGE GARVIN

**** ******** **** ***** 801-***-****

Park City, UT 84098 abpayp@r.postjobfree.com

LinkedIn.com Profile: www.linkedin.com/in/georgegarvin

SUMMARY

Commercial real estate investment and marketing executive with 20 years of experience in acquisitions

and dispositions of shopping centers and commercial property. Transacted approximately $300 million

in commercial real estate with an emphasis on value-added opportunities. Expert at finding investment

opportunities, sizing up properties and markets, negotiating contracts, directing due diligence, and

developing strategies to maximize asset value and market performance. Demonstrated talent in

identifying and evaluating property both on and off market, both investment-grade and value-added

opportunities. A well-connected professional with an extensive network of real estate owners,

developers and brokers throughout the western US. Foreign languages include Russian (fluent) and

French (partially fluent).

Proven strengths include:

Acquisitions & Dispositions Market Knowledge Strategic Planning

Marketing & Advertising Broker Network Finance

Real Estate Evaluation Due Diligence Joint Ventures

Team Leadership Asset Management Value Creation

PROFESSIONAL EXPERIENCE

GARVIN REALTY INVESTMENT, LLC 2009-Present

Park City, UT

Manager

Acquiring shopping center properties for acquisition in joint ventures with equity sources and operating

partners with whom George Garvin has transacted business over the past 15 years, targeting off-market

shopping centers and unfinished retail development in the western United States, preferably grocery-

anchored and larger than 100,000 square feet. Focused on California, Colorado, Oregon, Nevada, Utah,

and Washington.

Acting as Asset Advisor for Parkway Village, a grocery-anchored shopping center in Provo, Utah to

accelerate lease-up, improve market position, and maximize the center s performance.

PHILLIPS EDISON & COMPANY 2007-2009

Salt Lake City, UT

Acquisitions Officer, Western States

Managed acquisitions in the western US for Phillips Edison & Company, a national investment and

development firm owning 237 shopping centers in 35 states with more than 24 million square feet,

focused on value-added opportunities.

Acquired 3 shopping centers worth over $27 million in California, Oregon and Nevada

Negotiated extremely favorable acquisition prices with initial cap rates over 8% and stabilized

unleveraged yields between 10.5% and 12.5%

Formulated profitable business plans and turn-around strategy for value-added investments based on

realistic underwriting, informed market analysis and monetizing risk

Consistently achieved large price reductions during due diligence by discovering impairments to

value, managing seller expectations effectively, and guiding communication and collaboration

between different departments within the company

Increased the company s penetration throughout the western US through extensive networking with

major real estate investment brokers and owners

Gained extensive market knowledge of anchored shopping centers, both on and off market, in major

submarkets of California, Oregon, Washington, Utah and Nevada.

2

GEORGE GARVIN REAL ESTATE 2002-2006

INVESTMENT AND DEVELOPMENT

Los Angeles, CA

Principal

Promoted commercial real estate development projects and investments in the United States and Russia.

Acted as a principal and consultant and structured transactions worth $74 million.

Generated a joint venture between Hopkins Real Estate Group and Shamrock Holdings to acquire

and redevelop the South Bay Pavilion, a regional mall anchored by IKEA in Carson, CA in a transaction

worth $34 million, resulting in a de-malled center with a new Target

Facilitated a tenant-in-common acquisition of First Union Plaza a $40 million Class A office building

in Durham, NC producing initial returns above 9%

Promoted retail property joint ventures between American and Russian firms in Moscow and St.

Petersburg. Invited by the Russian Council of Shopping Centers to address over 1,000 attendees at

the Annual Shopping Center Conference in Moscow

GRUBB & ELLIS COMPANY 1993-2002

Los Angeles, CA

Vice President, Investment Services Group

Represented major developers, REITs, institutional and private investment companies, and high net

worth individuals in the disposition and acquisition of commercial property. Completed transactions

worth more than $125 million.

Successfully marketed a $45 million portfolio of southern California retail properties owned by

Mitsui

Developed strategy to re-position and sell underperforming centers for The Price REIT, Wells Fargo

Bank, and OliverMcMillan by showing how they could be successfully re-configured and re-tenanted

resulting in high disposition prices and high returns

Leased retail properties as a tenant rep for Fatburger, Gaucho Grill, Chevy s and others

THE PRUDENTIAL CALIFORNIA REALTY 1987-1992

Realtor Associate

Marketed single-family homes, condos, and apartment properties. Focused on high-end residences in

Beverly Hills and west side of Los Angeles.

EDUCATION

BA, Yale University

New Haven, CT

LICENSES & PROFESSIONAL DEVELOPMENT

Licensed real estate broker in the State of California (00926620)

Licensed mortgage loan originator in the State of Utah (8050074-NMLO)

CCIM (Certified Commercial Investment Member of the National Association of Realtors)

Certified Leasing Specialist (CLS) International Council of Shopping Centers

Numerous courses in negotiation, real estate investment, leasing, market analysis

LANGUAGES

Native in English, fluent in Russian, partially fluent in French

George Garvin

6293 Mountain View Drive Park City, UT 84098 801-***-**** abpayp@r.postjobfree.com



Contact this candidate