JIM MURPHY

***** *. ******* ****** ********

Alpharetta, GA 30022

ad014u@r.postjobfree.com

678-***-****

EDUCATION

MBA -Emory University May 1997

BBA - James Madison University May 1989

PROFESSIONAL SUMMARY

• Leadership : Led a team of 22 asset managers and financial analysts who asset managed a $7.0 Billion mortgage and mezzanine commercial real estate bridge loan portfolio.

• Underwriting: Underwrote over 1 million square feet of new development opportunities.

• Operating Asset Management: Managed a $3.9 Billion loan portfolio of Office, Retail, Hotel, and Resort Residential.

• Construction Asset Management: Managed a $2.0+ Billion commercial construction loan portfolio.

• Distressed Loan Workouts: Managed a $65 Million portfolio of REO and distressed commercial real estate loans.

• Dispositions: Managed the closing process for $547 Million of asset sales.

• Experience: 26 years commercial real estate and six years corporate finance. PROFESSIONAL EXPERIENCE

Situs

Director and Team Leader, Asset Management Sept 2018 – Nov 2023

• Managed a team of 22 asset managers and financial analysts for private equity and global banking relationships.

• The team managed a $7.0 Billion bridge loan portfolio supported by operating and under-construction commercial real estate properties.

• Property types included multi-family, office, retail, condos, and hotel.

• Personally managed an $83 Million bridge loan portfolio. Trimont Real Estate Advisors

Director and Team Leader, Asset Management Sept 2016 – Sept 2018 Vice President – Asset Management: July 2012 – Sept 2016 Assistant Vice President – Asset Management: Aug 2007 - June 2012

• Managed a team of seven asset managers and financial analysts for global bank and equity fund clients.

• The team managed a commercial lending portfolio exceeding $5.0 Billion supported by operating and under-construction commercial properties.

• Personally managed a $2.0+ Billion bridge loan portfolio.

• Underwrote and advised clients on dozens of note sales totaling over $100 Million.

• Led the asset management team for a $4.0 Billion mortgage and mezzanine loan portfolio of operating properties.

• Collateral included 25 MSF of Office, 2,000 Hotel keys, 3,400 Multi-Family units, and 38 high-end Resort Residential properties.

• Approved over 100 Office leases of 50,000 SF or more and advised client on lease structures.

• Led the asset management team that oversaw the remaining 16 MSF Office portfolio after the client took ownership of the borrowing entity. Duties also included managing all property and corporate funding of working capital and capex.

• Dispersed over $100 Million of reserves for TI/LC, working capital, and Hurricane Ike insurance proceeds.

• Coordinated collateral releases for over $1 Billion of asset sales.

• Managed a $65 Million distressed loan portfolio consisting of 60 positions.

• Resolved 51 deals via Discounted Payoffs, Short Sales, or Foreclosure/Sales for a 70% recovery against UPB.

• Litigated 36 deals in multiple states to foreclose properties and obtain deficiency judgments.

• Negotiated and closed 7 loan modifications to restructure terms, thereby returning the loans to Performing status. JIM MURPHY

10865 S. Kimball Bridge Crossing

Alpharetta, GA 30022

ad014u@r.postjobfree.com

678-***-****

LNR Property Corporation, Atlanta, GA

Manager – Commercial Properties Group: Aug 2003 – Aug 2007

• Managed all underwriting projects in the Southeast Acquisitions and Dispositions Division with one direct report.

• Evaluated acquisition and development opportunities of unimproved land and existing real estate.

• Underwrote the development of a 590,000 SF lifestyle and power center in South Florida. Managed the due diligence process prior to the acquisition close as well as the selection of the architect and broker. Continued to participate as a member of the development team.

• Underwrote the development of a 260,000 SF shadow-anchored retail center in South Florida.

• Underwrote the development of a 10.5 acre mixed use development in Charlotte, NC.

• Managed the closing process on over 30 asset sales in Southeast totaling $547 Million.

• Asset managed three parcels of vacant land in South Florida, culminating in the sale of all three.

• Evaluated sales strategies of the Southeast portfolio using Argus and Excel to calculate IRR, NPV, ROE, and other profitability benchmarks.

• Evaluated large leases to determine value-added impact to assets. AGL Resources, Inc., Atlanta, GA

Manager – Strategic Planning: Oct 2000 – Feb 2003

Senior Financial Analyst – Strategic Planning: Feb 1999 – Sept 2000 Financial Analyst – Budget Department: July 1997 – Feb 1999

• Created a detailed financial model that was used as the corporate template for conducting capital expenditure decisions.

• Modeled M&A opportunities and created the template model used as the starting point for each analysis.

• Taught statistics and cost of capital principles for seven years at an annual seminar.

• Presented monthly P&L variance analyses to executive management.

• Initiated strategic planning analysis of warehouse logistics, leading to a one time gain on the sale of the warehouse and significant ongoing cost savings from the outsourcing of materials handling.

• Led an interdepartmental project team reporting to the Chief Financial Officer that was responsible for determining the company’s five year financial forecasting plan, including income statement, balance sheet and cash flow projections.

• Performed numerous budgeting analyses aimed at reducing company expenses and improving operational performance. These included a cash flow analysis of a proposed three-company joint venture, a lease vs. purchase analysis of the firm’s

$60 million transportation fleet, a financial analysis of the firm’s use of outside contractors, and several team related studies that recommended over $13 million of cost reduction ideas. Bank of America (Formerly NationsBank), Atlanta, GA Loan Officer - Commercial Real Estate Construction: June 1992 - June 1995 Banking Associate – Commercial Real Estate Lending: Aug 1991 - May 1992 Management Associate – Commercial Lending: Feb 1990 - Aug 1991

• Managed a $120 million commercial real estate loan portfolio. Property types included office, multi-family, retail and condominiums.

• Performed DCF valuations on each property at least four times per year.

• Analyzed distressed assets consisting of all property types and managed the relationships until the loans were either repaid or restructured.

• Analyzed dozens of proposals to construct new commercial real estate properties.

• Financed the construction of $61M of multi-family and big-box retail properties.

• Underwrote and presented to senior management an in-depth analysis of each property in the portfolio twice annually.

• Negotiated the legal terms of each transaction.

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