Real Estate United States
Resume:
Ric D'Amico
Sr VP of Real Estate Development and Services
Des Moines, Iowa, United States
ad2d62@r.postjobfree.com
www.linkedin.com/in/ricdamico
WORK EXPERIENCE
April 2023-August 2023
Sr VP of Real Estate Development and Services
ACTS RETIREMENT LIFE COMMUNITIES
Fort Washington, Pennsylvania, United States
● Worked directly with Executive Leadership to establish Vision and Plans for new Development and Expansions.
● Provided thought leadership, high-level design and technical expertise, and development resources necessary to reposition its existing or planned high-rise, mid-rise, and multiphase Communities across the country.
● Defined opportunities for acquisitions beyond its existing portfolio.
● Responsible for the high-level performance of existing real estate assets to help in the determination of capital allocation and borrowing decisions as well as asset disposition determinations.
● Implemented and managed approved property development and expansions across the entire organization.
● Managed and coordinated activities and negotiations with representatives of real estate, private enterprise, industrial organizations, and community leaders to acquire or lease real estate.
● Oversaw the RFP process for the selection of experienced Architects, Engineers, General Contractors (A/E/C Consultants), and Specialty Consultants as needed to deliver the project(s).
● From concept to completion of the project coordinated third-party Consultants to incorporate all due diligence materials into the design, acquired team approvals at each design and pricing milestone, secured entitlements/project permits for financing to start construction, and managed the project turnover process.
● Worked with GC to provide pricing updates through construction drawing coordination to an eventual contract execution; attend all OAC meetings and manage GC through pricing phases, GMP, and the completion of construction of projects; provide construction monitoring oversight, Change Order negotiations, pay application reviews, and construction schedule management.
● Supported the Property Management leadership team in developing a cohesive and integrated planned capital improvement program and establishing policies and quality standards to maintain each campus. April 2016-December 2022
Vice President of Development
THE BELAIRE GROUP
Des Moines, Iowa, United States
● Provided development services related to new and repositioning opportunities for high-rise, mid-rise, and multiphase Communities across the country and for a diverse client base; new inventories and types of Residential housing, services, and amenities kept current with emerging trends and consumer expectations.
● Worked with Ownership and its Consultants to develop project proformas, budgets, schedules, and timelines throughout the project lifecycle, while identifying and mitigating potential project risks.
● Collaborated with Stakeholders to build Investor support and confidence in the project(s), from planned financing events and to meet covenants; due diligence included initial market demand analysis to support growth initiatives with routine Investor reports on budget, schedule, and risk.
● Oversaw the RFP process for the selection of experienced Architects, Engineers, General Contractors (A/E/C Consultants), and Specialty Consultants as needed to deliver the project(s).
● From concept to completion of the project, coordinated third-party Consultants to incorporate all due diligence materials into the design, got Client approvals at each design and pricing milestone, secured entitlements/project permits for financing to start construction, and managed the project turn-over process.
● BUSINESS DEVELOPMENT:
o Helped to create and manage the strategic plan for the firm. o Participated in professional and community networking opportunities, at all times. o Developed new client relationships, built, and maintained existing relationships. o Promoted the brand, services, and resources as a Brand Ambassador of the firm. o Pursued specific leads and opportunities, submitted proposals, and secured fees. o Expanded market presence through on-line social and business platforms. o Hosted Panels and Presented at industry conferences and webinars to promote the firm. o Volunteered on National, State, and Regional Boards to integrate industry trends into services. April 2015-March 2016
Director of Design Construction and Development
Lifespace Communities
Des Moines, Iowa, United States
● Provided internal development resources necessary to reposition its existing Senior Living Communities and assisted with the Organization with opportunities for acquisitions beyond its existing portfolio.
● Responsible for the high-level performance of existing real estate assets to help in the determination of capital allocation and borrowing decisions as well as asset disposition determinations.
● Leveraged cost-benefit analyses to assist in the decision-making surrounding potential capital projects and asset acquisitions and disposals; looked for opportunities to enhance the environmental-friendliness of Communities in a manner that promoted Community stewardship, reputation enhancement and cost-efficiency.
● Oversaw the expenditure of funds on physical assets to ensure timely on-budget project completion, minimized waste, and maximized operational and aesthetic impact.
● Collaborated with the internal team and our consultants to develop project proformas, budgets, schedules, and timelines throughout the project lifecycle, while identifying and mitigating potential project risks.
● Worked with investment brokers and other Stakeholders to build Investor support and confidence in the project(s), from planned financing events and to meet covenants; due diligence included initial market demand analysis to support growth initiatives with routine Investor reports on budget, schedule, and risk.
● Oversaw the RFP process for the selection of experienced Architects, Engineers, General Contractors (A/E/C Consultants), and Specialty Consultants as needed to deliver exceptional Senior Living Communities.
● From concept to completion of the project coordinated third-party Consultants to incorporate all due diligence materials into the design, acquired team approvals at each design and pricing milestone, secured entitlements/project permits for financing to start construction, and managed the project turnover process.
● Managed a comprehensive process to review and assess existing Communities and acquisitions opportunities, to determine how best to reposition them based on current market demand expectations and strategic growth.
● Managed a Staff of 13 direct reports: 12 Directors of Facilities and Regional VP.
● Mentored and coached Staff through personal and professional leadership, actions, behavior, and displaying the highest level of integrity; promoted and participated in Staff sharing amongst the Organization. December 2012-March 2015
Director of Project Development
PCS FOREFRONT LIVING
Irving, Texas, United States
● Provided internal development resources necessary to reposition its existing Senior Living Communities and assisted with the Organization with opportunities for acquisitions beyond its existing portfolio.
● Led Organization through full life cycle of development of projects from inception, construction, and occupancy.
● Managed site, design and construction activities for new development and enhancement to existing Communities.
● Provided planning, product positioning, and project management utilizing in-house and third-party resources; oversaw RFP process for the selection of experienced Architects, Engineers, General Contractors (A/E/C Consultants) and Specialty Consultants as needed to deliver the project(s).
● Responsible for designing, planning, and approval of specifications for renovation and repair to existing buildings or new construction projects.
● Reviewed metrices, analyses, and capital expenditure details to ensure that capital was being utilized efficiently and optimally as it relates to the development, maintenance, and improvement of real estate; present cost-benefit analyses to assist in the decision-making surrounding potential capital projects, asset acquisitions, and disposals.
● Collaborated with Foundation(s) to look for fundraising opportunities to support campus expansion and the enhancement of Communities, to meet Mission and to offset major capital / financing expenses.
● Managed four direct reports: 3 Directors of Facilities and 1 Project Assistant.
● Mentored and coached Staff through personal and professional leadership, actions, behavior, and displaying the highest level of integrity; promoted and participated in Staff sharing amongst the Organization. January 2012-November 2012
Vice President of Development
THE BELAIRE GROUP
Irving, Texas, United States
● See 2016-22 work experience, above
● Provided development services related to new and repositioning opportunities for high-rise, mid-rise, multiphase Senior Living Life Plan Communities, and rental properties; new inventories and types of Residential housing, services, and amenities keep current with emerging trends and Aging Adult Consumer expectations.
April 2007-December 2011
Senior Manager
GREYSTONE COMMUNITIES
Irving, Texas, United States
● Provided thought Leadership and strategic direction reviewing market analysis, planning, and project positioning opportunities for Senior Living Clients located across the country.
● Owner Representation through the full life-cycle of design, development, and delivery of new projects.
● Managed site and facility selection, feasibility studies, due diligence activities, and entitlement approvals.
● Oversaw RFP process for the selection of experienced Architects, Engineers, General Contractors (A/E/C Consultants) and Specialty Consultants as needed to deliver the project(s).
● Stakeholder liaison for design production, VE revision approvals, and final GMP for financing.
● Worked with investment brokers and other Stakeholders to build Investor support and confidence in the project(s), from planned financing events and to meet covenants; due diligence included initial market demand analysis to support growth initiatives with routine Investor reports on budget, schedule, and risk.
● Reported regularly on capital expenditures on development and Community positioning initiatives to keep Leaders updated on ideation, spending progress, budget risks, and the need for potential project reevaluation.
● Leveraged cost-benefit analyses to assist in the decision-making surrounding potential capital projects and asset acquisitions and disposals; looked for opportunities to enhance the environmental-friendliness of Communities in a manner that promoted Community stewardship, reputation enhancement and cost-efficiency.
● Oversaw the expenditure of funds on physical assets to ensure timely on-budget project completion, minimized waste, and maximized operational and aesthetic impact.
● BUSINESS DEVELOPMENT:
o Managed established strategic plans for the firm. o Participated in professional and community networking opportunities, at all times. o Developed new client relationships, built, and maintained existing relationships. o Promoted the brand, services, and resources as a Brand Ambassador of the firm. o Pursued specific leads and opportunities, submitted proposals, and secured fees. o Expanded market presence through on-line social and business platforms. o Hosted Panels and Presented at industry conferences and webinars to promote the firm. o Volunteered on National, State, and Regional Boards to integrate industry trends into services. EDUCATION
1994-1997
Architecture and Economics
THE UNIVERSITY OF HOUSTON
Houston, Texas, United States
• Architecture and Economics
SKILLS
Project Development Project Lifecycle Request for Proposals (RFP) Business Development Budgeting Pricing Project/Program Management Real Estate Due Diligence Thought Leadership Product Positioning Fundraising Market Analysis GMP (Good Manufacturing Practices) Property Management Construction Schedule Construction Strategic Planning Real Estate Development Vision Plan Leadership Technical/Engineering Design Capital Allocation Asset Disposal Leasing Industrial Organization Negotiation Skills Project/Program Coordination Construction Drawings Change Requests/Orders Schedule Development Construction Management Construction Industry Software Policy Development Quality Metrics Trend Analysis Market Trend Analysis Risk Management Financial Planning Budget Management Event Management Budget Reporting Risk Sales Management Industry/Trade Analysis Webinar Conferences Property Rentals Cost Benefit Analysis Capital Project Stewardship Expense Tracking Time Management Brokerage Process Management People Management Mentoring Coaching Product Planning Construction Projects Property Maintenance Capital Expenditure (CAPEX) Expense Analysis Metrics Investment Capital Feasibility Analysis Facilities Management
HONORS & AWARDS
American Institute of Architects
Multiple Architecture, Interiors, and Landscape Awards for Design and Programming. Best Multi-Family Project, Landmark Award
Recipient Houston Business Journal Annual Award
Best Nursing Homes
Recipient U.S. News & World Report Annual Award
Best Residential
Recipient Texas Construction Magazine Annual Award Excellence in Construction
Recipient of the Houston Association of Builders and Contractors Annual Award Historic Preservation
Recipient of the American Planning Association Annual Award Showcase Winner
Recipient of the Environments for Aging Design Annual Award LANGUAGES
English - Intermediate
WORK AUTHORIZATION
I am authorized to work in the following countries:
• United States
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