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Director of Real Estate

Location:
Scottsdale, AZ
Posted:
January 30, 2021

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Resume:

Eric H.G. Wells **** East Main Street #****

Scottsdale AZ, 85251

adjtlc@r.postjobfree.com

425-***-****

Real Estate Executive

Extensive experience driving profits by acquiring and managing Companies. Start-ups to $300M top-line companies. Long successful career developing complex commercial and residential real estate projects. Record of building relationships and managing project teams in the entitlement, development and construction industries. Expert at working with diverse constituencies including government agencies in challenging jurisdictions at the local State and Federal Level.

Real Estate Investment

Public Private Partnerships

Capital Raising

Financial Analysis

Start-ups

Strategic Planning

Investor Relations

Consultant Management

Relationship Development

Valuations

Multifamily

Entitlements & Permitting

Litigation Management

Land Development

CAREER HISTORY

BELEM DEVELOPMENT LLC, Seattle, WA Semi-Retired (Investing in Real Estate and other businesses)

BELEM PROPERTIES CO. LLC, Telluride, CO 2012 to present

Managing Member & Principal

Direct acquisition and sales, rental operations, development, entitlement, construction and equity lending.

Develop and implement strategic plans, identifying and pursuing strategic real estate acquisitions with high yield, appeal and value.

Establish and foster enduring business relationships while collaborating with brokers, government representatives and private owners, among others.

Provide a portion of the capital and equity loans for Conner Home Group on select projects.

CONNER HOMES GROUP, Bellevue, WA 2009 to 2011

CEO & Principal

Reorganized and restructured a Small Puget Sound Builder in partnership with Banner Bank, US Bank and Invesco Corporation.

Renegotiated $20M in negative equity land positions with four lending institutions, and returned company to profitability. Sold 40% interest in 2010 after return to profitability.

Manage full project lifecycle: identification of asset, negotiating agreements, construction and sale.

Work with government entities to obtain permits and regulatory approval. Negotiate on critical project infrastructures including roads, sewers, utilities, etc.

Negotiate with contractors and direct construction administration including managing contractors, consultants to ensure timely completion within budget.

POLYGON NORTHWEST COMPANY, Bellevue, WA 1991 to 2009

President, COO & Principal, 2003 to 2009

Directed over $2.5B in development, construction and land sales.

Managed more than 200 employees and $300M P&L.

Master planned communities, infill, single-, multi-family and rental projects ranging from 750-1,250 units.

Achieved position of #2 Builder in Washington State and #56 Builder nationally.

Developed over 18,000 “for sale” residential units, 1,200 apartment homes, 25,000 sq. ft. Class “A” office, multiple mid-rise infill projects, Assisted living/memory care.

Built asset portfolios by capitalizing on opportunities of existing assets and developable land.

Vice President Development and Land Acquisition & Principal, 1998 to 2003

Managed all Development and Entitlement activities, including land acquisition, feasibility and product development. Purchased ownership interest in Company in 2003.

Performed financial analysis, modeling, valuations, performance measurements and due diligence.

Vice President Development, 1996 to 1998

Directed six-person development team that oversaw government relations, entitlement, engineering and design of all horizontal construction.

Led team in development and design of all single- and multi-family products.

Manage real estate portfolio including disposition of assets targeted for sale including marketing methods, pricing and timing of offering.

Development Manager, 1993 to 1996

Managed specific project entitlement and all horizontal construction for 650+ lots and approximately 1,000 multi-family projects.

Builder, 1991 to 1993

Oversaw vertical construction of single- and multi-family projects in Greater Seattle Area, ~250 units.

BOARD & ADVISORY POSITIONS

LifeDojo, Corporate Health lifestyle start-up, Advisor, Investor, 2014

Globa li., Internet Travel Start-up, Advisor, Investor, 2013

Capture Vascular, Medical Device Company Advisor, Investor, 2012

Nectero Medical, Board of Directors, Investor 2016

Hibernate Sleep, Board of Directors 2017

San Miguel County Board of Adjustments 2012-2016

EDUCATION

University of Nevada, Las Vegas

Additional Certifications

FAA Roto-craft pilot

USCG 100ton Captain License



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