Real Estate Financial Services

Professional Brief: Michael W. Newhouse

Michael Newhouse holds a Bachelor of Business Administration in Finance from Abilene Christian University, Texas.

Resides in the north Houston/Conroe, Texas metroplex. Over 39 years of sales, marketing and client relations as Broker/Agent/Intermediary in various industries, including having held and/or still hold various licenses within the financial services, insurance and real estate industry.

Biofuel Vantage LLC (Present) - Re-engaged secondary market fuel brokerage service in June 2022 after the below acquisition of Spirit of Texas Bank (SOTB). Representing both Buyer and Seller as Intermediary, based on transaction of domestic and international market refined fuels and crude. Engaging Buyer/Seller on acceptable CIF/FOB logistics procedure, with acceptable terms to contract. Sourcing available products to sell from Seller, Allocation Holder and/or Refinery Account Holder, for consideration of Buyer, Distributor and/or Reseller for their Exit or End-User.

To date, while engaged in the above, continued efforts are made on relevant positions, opportunities including but not limited to the commercial Real Estate Industry.

Spirit of Texas Bank (SOTB) (9/2018 - 5/2022) – Director of Bank Owned Commercial Real Estate. Involved direct communication with CEO and In-house Counsel on all commercial properties/corporate real estate assets, including ten (10) Bank branch office buildings with multi-Tenant occupancy. Marketing efforts via CoStar/LoopNet on all available office and retail properties for lease or sale. Also involved direct target marketing to specific Tenant profile, as per location. Retaining a consistent high ninety percent occupancy each year with approximately forty (40+) Tenants. Negotiated and administered new lease contracts and lease renewals. Supported continuity between General Contractors, Architect and Vendors on new and 2nd gen construction build-out. Excellent verbal and email communication on Tenant relations, including but not limited to coordination with facility management on specific Tenant related issues.

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Real estate portfolio also included thirty-eight (38) Bank branch only, office and retail locations statewide. Implemented and managed all real estate tax valuations/protesting on SOTB owned properties. Maintaining and in most cases lowering valuations, thereby tax expense savings, as well as CAM audits for the reduction on property expenses.

Monthly financial/operational reports provided on specific and/or over-all real estate portfolio. Active involvement on due diligence of branch expansion/site location, acquisitions, as well as marketing/sell efforts on branch location divestment. Spirit of Texas Bank was acquired by Simmons Bank (Little Rock, AR) in April 2022.

Newhouse & Company - Independent Insurance Broker/Agent in Life, Corporate benefits, Fixed Index Annuities, with over twenty-nine (29) years in the Houston Metroplex Ins./Major Medical Industry. Currently retain and service a small portfolio of Clientele in Group Major Medical accounts and FI Annuities. Rogers Benefit Group, www.rogersbenefit.com has been my GA (back-office broker support) for many years, on new group enrollment, renewal and marketing support which merged with Emerson Reid in early 2023 www.emersonrogers.com combining their resources and expertise with a national reach with unique specialized departments.

Mass Mutual Ins. Co. – Entered the Financial Services Industry in 1994. Targeting small/mid-market privately held corporations with focus on business continuation, exit planning, as well as corporate/employee benefits.

Newhouse & Company – Full service Commercial Real Estate Broker services. Broker licensed. Investor acquisitions, targeting retail and office-warehouse income properties; sale of commercial properties; structured joint-venture partnerships; including Tenant leasing and property management.

Employment contract with DARLCO Inc. in their commercial brokerage department involving the liquidation of trust properties.

The above is an overview of years in various accomplished marketing and sells of both tangible and intangible products. Each endeavor has proven to be a valuable resource on contacts, as well as market knowledge obtained over time, effort, and experience.

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Any given day/time I am available to visit and further elaborate on any of the above content. References are available upon request.

Michael W. Newhouse

11457 Majestic Drive

Montgomery, Texas 77316

Health: Excellent

Tel: 713-***-****

Email: *********@*************.***

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