Real Estate Management
Resume:
Mark Lipman
Houston, TX ****6
Cell: 832-***-****
Email: ************@*****.***
Professional Profile:
Accomplished real estate professional with broad experience in management, leasing and enhancement of investment assets. A creative thinker with excellent business judgment and demonstrated ability for turning around under-performing assets. Experienced in asset management as well as direct supervision of large portfolios of diverse commercial real estate. Strong leadership skills and experience working with owners and senior management.
READ KING COMMERCIAL REAL ESTATE, Houston, TX April 2013 – Present
Director of Property Management
Currently direct the day-to-day operations of the management division of a real estate development company with a staff of 3, which owns and manages a portfolio of 16 shopping centers totaling 600,000 sq. ft. located in the greater Houston area. Responsibilities include: the preparation of annual operating and capital budgets, the preparation of pro forma budgets for new developments, due diligence for proposed acquisitions, the preparation of monthly management reports, monthly property inspections, the negotiation of vendor contracts, the negotiation of lease renewals, the management of tenant improvement projects, collection of accounts receivable, lease administration, tenant retention, and quarterly and annual CAM reconciliations.
AMREIT, INC., Houston, TX July, 2012 – March, 2013
Property Manager
Managed a portfolio of 10 shopping centers and 1 high-rise office building totaling 800,000 sq. ft. Responsibilities included: the preparation and implementation of annual operating and capital budgets; the preparation of monthly cash flow projections; full P&L responsibility; the negotiation and approval of all vendor contracts; bid analysis; monthly property inspections; management and coordination of tenant improvement projects; tenant retention; lease administration; collection of accounts receivable; annual CAM reconciliations and the supervision of a staff of 4.
EMSQUARE CONSULTING, Houston, TX December, 2009 – July, 2012
Independent Real Estate Consultant
Completed my second contract assignment (8 months) with Cannon/Unimat Commercial Real Estate. Responsibilities included: the management and leasing of 3 Class “B” office buildings in Dallas totaling 500,000 sq. ft. In addition, supervised all tenant improvement/capital projects with budgets in excess of $250,000. Prior to working in Dallas, I managed and leased 3 Class “B” office buildings in the NASA area totaling 500,000 sq. ft. for 2020 Properties (5 months). Prior to working with 2020 Properties, I managed and leased 3 Class “B” office buildings on FM 1960 totaling 400,000 sq. ft. for The Khoshbin Company (5 months). Prior to working with The Khoshbin Company, I completed my first assignment with Cannon/Unimat Commercial Real Estate (5 months). Responsibilities included the management and leasing of a 500,000 sq. ft. shopping center in Los Angeles. All assignments included the supervision of staff, negotiation of vendor contracts, budget preparation and implementation and the preparation of monthly operating reports.
GILLETT PROPERTIES, LTD., Houston, TX August, 2008 – December, 2009
Vice President-Retail
Directed the day-to-day operations of the retail division of a real estate development company with a staff of five, which owned and managed a portfolio of 3 shopping centers, 2 office buildings and 1 industrial building totaling 500,000 square feet and located in Houston, Texas. Responsibilities included: overseeing leasing and property management; full P&L responsibility; the implementation of existing company policies and procedures; the development and implementation of new policies and procedures to ensure that the portfolio functions in the most efficient, cost effective and profitable manner possible and the preservation and enhancement of the value of the company-owned assets.
Key Accomplishments:
• Reduced operating costs by 20%
• Increased revenues by 5%
MAMMOTH EQUITIES, LLC, San Juan Capistrano, CA September, 2005 – August, 2008
Regional Director-Texas
Relocated to Texas in an effort to expand Mammoth’s existing portfolio of real estate in the Houston market as well as to develop a presence in the Austin, San Antonio and Dallas markets. Responsibilities included: the analysis of regional and local economic conditions, local markets and submarkets; the interaction with local investment brokerage communities to assist in the identification of potential office, industrial and land acquisition candidates based on Mammoth’s stipulated investment criteria; preliminary due diligence to include the analysis of rent rolls, debt structure and financials; the acquisition of 3 office buildings; the management and leasing of an existing real estate portfolio consisting of 18 office and industrial buildings totaling 800,000 sq. ft. and located throughout the greater Houston area.
Key Accomplishments:
• Sourced 4 properties for acquisition
• Assisted in securing $20MM in acquisition financing
• Assisted in the sale of multiple assets
• Produced 40,000 – 80,000 sq ft of leases annually
WATT COMMERCIAL DEVELOPERS, INC., Santa Monica, CA December, 2003 – September, 2005
District Manager
Managed a real estate portfolio consisting of 20 retail properties totaling 2,500,000 square feet and located throughout California, Arizona and Nevada. Responsibilities included: acquisition and disposition due diligence; the preparation and implementation of annual operating and capital budgets; the preparation of quarterly asset management reports; the preparation of monthly cash flow projections; full P&L responsibility; the negotiation and approval of all vendor contracts; bid analysis; monthly property inspections; community involvement to include membership in local Chambers of Commerce; management and coordination of tenant improvement projects; interaction with retailers to monitor and assess performance; tracking of tenant sales; the creation of ancillary sources of revenue to enhance value; tenant retention; lease administration; lease renewals; collection of accounts receivable; annual and quarterly CAM reconciliations and the supervision of a staff of 4 management and administrative personnel.
Key Accomplishments:
• Reduced operating costs by 30%
• Reduced outstanding accounts receivable by 40%
COMSTOCK, CROSSER & ASSOCIATES, Manhattan Beach, CA December, 1999 – December, 2003
Property Manager
Managed a real estate portfolio consisting of 9 retail, commercial and industrial properties totaling 1,250,000 square feet and located throughout Los Angeles County. Responsibilities included: acquisitions due diligence; assisting in the development and construction of 2 retail shopping centers totaling 175,000 square feet; canvassing of local markets to keep up with trends, demographics etc.; the preparation and implementation of annual operating and capital budgets; full P&L responsibility; the preparation of monthly asset management reports; weekly property inspections; the negotiation and approval of all vendor contracts; bid analysis; coordination and supervision of tenant improvement projects; tenant retention; lease administration; lease renewals; rent collections; CAM reconciliations; weekly property management meetings; and the supervision of a staff of 6 administrative and maintenance personnel.
Key Accomplishments:
• Assisted in the development of 175,000 sq ft of retail assets
• Reduced operating costs by 25%
• Reduced outstanding accounts receivable by 20%
RPP PROPERTIES, INC., Los Angeles, CA July, 1991 – December 1999
Property Manager
Managed a real estate portfolio consisting of retail, commercial, industrial and residential properties totaling 1,000,000 square feet. Retail and commercial properties ranged in size from 35,000 to 200,000 square feet and residential properties ranged in size from 32 to 187 units. Responsibilities included: the supervision of a staff of six maintenance personnel; overseeing the construction of a 6,000 square foot Blockbuster Video pad building; supervision of tenant improvement projects; the negotiation of vendor contracts; lease negotiations; the creation of operating and capital budgets; full P&L responsibility and the preparation of monthly management reports.
Key Accomplishments:
• Created the property management department
• Implemented all policies and procedures
• Reduced operating costs by 40%
• Reduced outstanding accounts receivable by 30%
FIRST CHARTER BANK, Los Angeles, CA October, 1987 – July, 1991
Vice President
Personally developed and managed a commercial loan portfolio of $65MM. Responsibilities included: heavy business development; financial statement and cash flow analysis; spread sheet analysis; tax return analysis; risk analysis and the approval of commercial and real estate loan requests up to $350,000.
Key Accomplishments:
• Developed a $65MM loan portfolio
• Brought in $5MM in demand deposit accounts
CITY NATIONAL BANK, Beverly Hills, CA October, 1985 - October, 1987
Entertainment Lending Officer
Handled all banking needs of entertainment industry professionals with an emphasis in production financing for independent motion pictures with budgets ranging from $5,000,000 to $10,000,000. Worked closely with business managers and CPA’s. Responsibilities included: business development; financial statement and cash flow analysis; spread sheet analysis; tax return analysis; risk analysis and the approval of both consumer and commercial loan requests.
Key Accomplishments:
• All loans initiated and funded were paid off as agreed
• No loan losses
EDUCATION:
The University of Texas – Austin (Bachelor of Business Administration, August 1983)
California First Bank (Banking School) - Los Angeles (Graduation, September 1984)
Licensed Real Estate Salesperson – Texas and California
REFERENCES:
Business and personal references available upon request.
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