DAVID B.CRAVENS, CCIM Mobile: 214-***-****
**** ****** ****, **********, ** 75007 dave.cravens @ verizon.net
REAL ESTATE PORTFOLIO MANAGER
Experienced professional delivering consistent success through the life cycle of property ownership, including planning and financial modeling, acquisition and due diligence, design, construction, move management, leasing and disposition. Creative and innovative developer of portfolio strategies designed to meet targeted efficiencies while being responsive to stakeholder concerns.
PROFESSIONAL EXPERIENCE
CITY ELECTRIC SUPPLY, Dallas, TX 2013 - 2020
Privately owned global manufacturer and distributor of electrical materials and supplies
Senior Real Estate Manager
Managed the US Properties Division. Developed and executed occupancy and leasing strategies designed to maximize ROI consistent with the company’s strategic business plan and investment objectives. Portfolio contained some 140 locations in 16 states, with approx. 40% of the total space being leased to third parties. Negotiated and signed leases, construction and maintenance contracts, and contracts to purchase or sell property. Managed the Repairs & Maintenance budget. Managed a staff of two Assistants and an Accounting department.
Acquired and Sold some 43 properties in 11 states.
Developer for eight ground-up construction projects in four states.
Used broker led marketing and improved financial analysis of deal terms to increase third party occupancy to 92% which grew revenue 60%.
CUSHMAN and WAKEFIELD, Dallas, TX 2007 - 2012
Largest privately owned global commercial real estate services firm
Strategic Account Manager
Strategic development and tactical implementation of corporate real estate strategy. Negotiate and oversee negotiations to acquire, retain and dispose of leased and owned locations. Collaborate with client to develop Portfolio Optimization strategies using metrics and market opportunities. Develop and expand integrated service offerings (Facilities Management, Lease Administration, Valuation and Consulting) within existing client base.
Developed the program and led the 8 person brokerage team that delivered $14 million in reduced lease obligation from the 500+ locations assigned by a national day care provider.
Developed web portal content that won Best Practice award in 2010.
CB RICHARD ELLIS, Dallas, TX 2006 – 2007
Largest publicly held global commercial real estate services firm
Account Project Manager
Project manager for delivery of new and renewed lease transactions and the related build-out, for the Hartford Insurance Company. Led multi-disciplined teams of stakeholders, broker, architect and engineer, contractor, voice/data and security, furniture vendors, movers and Landlord. Develop integrated schedules and budgets that coordinate build-out from design and construction to voice and data, furniture, move, occupancy and close-out.
Avoided $250,000 in project expense by enforcing lease language that made Landlord responsible for certain work during build-out of the Western Region Operations Center.
David B. Cravens PROFESSIONAL EXPERIENCE Page 2
JONES LANG LASALLE, Dallas, TX 1998 – 2006
Publicly held global commercial real estate services firm.
Real Estate Program Manager
Single point-of-contact to plan and implement acquisition, design and construction projects for Xerox Corporation portfolio of 52 office, industrial and retail sites in 20 states. Developed budgets, prepared business case with supporting financial analysis and directed implementation. National point-of-contact for acquisition and delivery of real estate supporting the competitively bid managed services contracts.
Managed and performed lease negotiations – 59 leases, 1,300,000 sq ft
Project spending authority – 67 projects, $46,200,000
Relocated over 2,100 office personnel.
42 downsizing and closures reduced 569,000 sq ft, saving $8,200,000 annually
CENTEX ROOFING, Inc., Dallas, TX 1995 – 1998
A wholly owned subsidiary of Centex Corporation, a national homebuilding company
Sales Representative
Direct sales of residential re-roofing for a subsidiary of Centex Corporation, a Fortune 500 company. Received leads, set appointments, measured and estimated cost, added mark-up, prepared and negotiated sales contracts, assisted in complaint resolution and collections.
CRAVENS AND COMPANY, Dallas, TX 1993 – 1995
General Contractor
Managed and self-performed residential and commercial renovation projects including conversion of a fire-damaged single family house into a duplex.
SOUTHWEST FEDERAL SAVINGS, Dallas, TX 1989 – 1993
Dallas, TX’ based Federal Savings and Loan Bank with branches in seventeen cities across Texas
Assistant Vice President – Facilities
CRAVENS AND COMPANY, Dallas, TX 1985 - 1989
Independent Consultant and General Contractor
PENQUITE AND ASSOCIATES, Dallas, TX 1980 - 1985
Irving, TX based bank consulting firm performing work in nine states
Senior Project Manager – Bank Pricing and Re-engineering Projects
J. STILES, Inc., Dallas, TX 1979 - 1980
Leading builder of custom homes $100K and above in the DFW metropolitan area
Sales Representative
BANKING INDUSTRY - Dallas and Houston, TX 1974 - 1978
Vice President and Operations Manager - Metro Bank, Dallas, TX
Internal Audit Lead – Texas Commerce Bancshares, Inc. – Houston, TX
EDUCATION
TEXAS TECH UNIVERSITY, BBA – Accounting
Texas Real Estate License No: 558438 (Inactive)
CCIM – Certified Commercial Investment Member