Tim Lassiter
Wilmington, NC
**********@*****.***
I am a seasoned professional with over twenty-five years of successful construction management and real estate development experience in sectors including multifamily, student housing, commercial retail, hospitality, industrial flex, and office.
Professional History:
Zimmer Development Company – Wilmington, NC
Director of Construction
April 2007 – September 2022
For over fifteen years at ZDC I successfully guided the implementation of our commercial real estate portfolio representing over $1,000,000,000 in value. Investments included Market-Rate Multifamily, Student Housing, Mixed-Use, and Commercial Retail. I have a proven record of being on time and on budget by effectively managing the entire life cycle of Commercial Real Estate Developments.
Land Acquisition/Due Diligence Management
Possessing a strong analytical ability on the front end with an emphasis on due diligence and feasibility
- PSA’s
- Market Analysis
- Entitlements
- Rezoning
- Title Review
- Site Feasibility
- Utility Services
- Geotechnical Evaluations
- DOT Coordination
- Phase I & II ESA’s
- HAZMAT Risk
- Brownfield Programs
- Archaeological Studies
- Community Relations
- Opportunity Zones
- Tax Incentives
- Legal Representation
- Endangered Species
Design Management
Focused review of design development identifying potential pitfalls in constructability and cost.
Experienced with the proper selection of building types for maximizing density, controlling costs and hedging market conditions.
- Civil Engineering
- Architecture
- Survey
- Traffic Analysis
- Landscape Design
- Hardscape Design
- Interior Design
- Structural Design
- Mechanical/Fire
- Electrical Design
- ADA & Fair Housing
- Waterproofing
- Sound
- Lighting
- Low Voltage
- FF&E
Permitting
Navigating the process for approvals by developing relationships with local, state, and federal AHJ’s
Putting emphasis on a proactive approach to submission, review, response, and approvals of permits.
- Permit Expediting
- Concurrency Review
- Preconstruction Scheduling
- Impact/Permitting Fee Mitigation
- Development Agreements
Budgeting
Producing accurate and timely pro formas that identify value and mitigate unwarranted risks resulting in developments that remain on budget and on target with initial programming intentions.
Strong cost estimating background allowing design specificity and early identification of cost issues.
- Proforma Generation
- Soft and Hard Costs
- Site Development Budgeting
- Vertical Cost
- Historical Cost Tracking
- Financing Support
Construction Contract Management, Coordination, and Implementation
Major strengths in the management of the construction process with an ability to identify cost effective and reputable contractors and working together to provide a comprehensive and well-planned program that reduces costs, streamlines schedules, and delivers the product on time and on budget.
-Site Development Contract Management
-General Contractor Selection
-Preconstruction Budgeting
-Contract Negotiation
-Construction Administration
-Vendor Coordination (FF&E, Low Voltage)
-Cable & Data Service Contracts
-Construction Scheduling (Tracking, Acceleration)
-Risk Management
-Change Management
-Cost Control
Damage Control
Financing Support
Supporting the financing process and reviewing loan documents.
Aggressively address issues with the loan approval and closing processes.
Diligent post-closing administration assuring billing and draw procedures are steadfast and accurate.
- Underwriting
- Fundamentals Review
- Loan Documents
- Closing Coordination
- Draw Processing
- Bank Inspections
Other areas of management experience:
Insurance - Risk Management
- General liability
- Builder’s Risk
- OCIP Programs
- P&P Bonds
- Development Bonds
Contract Administration
- Field Visits
- OAC meetings
- Means and Methods
- Lender Coordination
Leasing Management
- On-boarding
- Early Coordination
- Design Collaboration
- Marketing Strategy
- Turnover Sequencing
- Warranty Services
- Design Consideration
- Best Management Practices
Property Management and Maintenance
- Structuring and Support
- Short Term Capital Improvements
- Long Term Capital Improvements
- Reserve Studies
Prior Employment:
PCS Commercial, Inc. / PCS Homes - Annapolis, Maryland
Director of Commercial Operations
2004 – 2007
Commercial Development:
oImplemented and managed the PCS commercial development portfolio with responsibility for all budgets and scheduling.
oManaged all phases including land acquisition, entitlements, design, permitting, estimating, construction, leasing, tenant improvements, and property management.
oInstituted Commercial trade contracts and restructured estimating department.
oConstruction Management of all subcontracts and vendors.
Residential Development:
oManagement of the major residential land development sector.
oResponsible for all entitlements and permits, site development estimates, preparing detailed budgets, contracting site development construction.
Coakley & Williams Construction, Inc. - Bethesda, Maryland
Project Manager
1996 – 2004
Managed the entire pre-construction and construction phases of various commercial projects. Responsible for marketing, bidding and estimate preparation, contract negotiations, scheduling, cost tracking and controls, change management, quality control & assurance, safety, close-out, and warranty work.
C.A. Lewis, Inc. – General Contractor/Design Builder - Greenville, NC
1992 – 1996
Worked part-time to full-time with a local General Contractor during college. Gained valuable experience in the field and estimating department while helping fund college education.
Education:
Bachelor of Science in Construction Management - 1995
East Carolina University, Greenville, N.C.
Computer Skills: Primavera, Sure Trak, Microsoft Project
Procore, Yardi
Precision, Precision Digitizer, Precision Cut & Fill
Microsoft – Office Suite
Blue Beam
Sketch Up
Affiliations: OSHA – Training – 30 Hour Card Certification
Old Chimney HOA – President
Wilmington Little League - Coach
East Carolina Construction Management - Advisory Board