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Vice President of Real Estate Development

Location:
South Orange, NJ
Posted:
April 01, 2024

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Resume:

MICHAEL S. LERMAN

*** ******* *****

South Orange, NJ 07079

ad4pqc@r.postjobfree.com

973-***-****

Objective To secure a development leadership role with a high-growth real estate development firm, focused on the creation of top-tier projects in South Florida.

Executive Profile

Team player with over two decades of experience in both commercial and residential development. Proven expertise in identifying and securing deals from diverse sources, coupled with a successful track record of navigating projects from initial conception to contract closure, all the way through construction, marketing and sale. Strong interpersonal skills. Proven ability to engage effectively with municipalities and community groups, facilitating the actualization of design concepts and garnering the support required to bring challenging projects to fruition. Demonstrated proficiency in interpreting engineering and architectural plans, offering valuable insights to enhance various facets of development, from site layout to unit design. Decades of collaboration with sales and marketing teams has honed a profound ability to approach project development from a customer-centric perspective.

PROFESSIONAL EXPERIENCE

Markbuilt Homes, Union, New Jersey

Vice President, Development and Marketing November 2005-Present

●Identify, assess, and negotiate acquisition opportunities for a boutique private residential development and construction company specializing in luxury multi-family housing.

●Target specific areas for acquisition and analyze markets for project viability.

●Maintain extensive relationships within the brokerage community and commercial property owners.

●Oversee all phases of due diligence, including zoning, environmental and financial components.

●Coordinate with in-house counsel for entitlements, and manage the professionals –ie, attorneys, architects, and engineers.

●Collaborate on architectural designs and engineering layouts to maximize project value.

●Work with construction management to ensure design goals and cost criteria are met.

●Coordinate sales and marketing efforts, planning project marketing strategies, and overseeing sales staff.

JDN Properties, Cranford, New Jersey

Vice President, Development and Construction January 2005-August 2005

●Coordinated the development and construction of multiple projects, including multifamily, midrise, commercial, and high-end single-family residential.

●Managed budgeting, bidding, contractor selection, and monitored contractor performance.

●Acted as the primary contact for all retained professionals, including engineers, architects, and attorneys.

Garden Commercial Properties, Short Hills, New Jersey

Director of Land/Property Acquisition and Development Oct. 2000-Dec. 2004

●Located and assessed acquisition opportunities, performing due diligence and negotiating with property owners and brokers.

●Coordinated efforts to develop properties; retained the appropriate engineering, architectural, and legal firms.

●Assisted with presentations to municipalities and maintained communication with municipal governments.

●Negotiated commercial leases for company-owned retail space in NY and NJ.

●Managed a 75 unit multifamily residential property in Manhattan.

●Served as the Community Development Manager for 17 estate homes in Holmdel, NJ.

Director of Retail Property Administration March 1998-October 2000

●Oversaw all phases of retail commercial development and management.

●Managed over 3 million square feet of retail space in the New York metropolitan area.

●Negotiated and reviewed leases of national, regional, and local tenants.

●Performed due diligence on new projects and obtained approvals from local planning and zoning boards. Coordinated renovation efforts for existing shopping centers.

Rinaldo & Rinaldo, P.C., Elizabeth, New Jersey

Associate Counsel October 1995-March 1998

●Drafted civil complaints, submitted legal briefs, filed motion papers, and appeared in court for civil and criminal matters.

●Maintained extensive client contact, including conducting interviews of prospective clients.

●Represented clients in real estate closings, civil arbitrations and depositions.

Henry Bienenfeld & Sons, Builders, Philadelphia, Pennsylvania

Land and Property Acquisitions June 1987-January 1990

●Negotiated development contracts and coordinated legal and engineering efforts on development projects.

●Analyzed real estate market trends and evaluated land and income properties for project viability.

●Directly contacted property owners and assisted in determining optimal marketing strategies.

EDUCATION

Benjamin N. Cardozo School of Law, New York, NY

J.D., June 1995

Activities/Honors: Cardozo Women's Law Journal; Student Bar Assoc., Treasurer, Senator

Rutgers University, Graduate School of Management, Newark, New Jersey

M.B.A, Emphasis in Finance and Real Estate, 1992

Rutgers University, New Brunswick, New Jersey

B.A., Economics, 1985



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