Asset Manager

RICHARD A. WALL, II

** ****** *****, ***********, ** 36460

Phone: 561-***-**** ; e-mail: ******@***.***

SUMMARY

Asset / Finance Manager: Leasing & Marketing, Property Management, Acquisitions and Dispositions, Development

Senior real estate manager with more than 15 years of experience developing and implementing strategy plans in the preservation of investor capital by sourcing quality acquisitions, providing disposition recommendations, executing competitive leasing transactions, developing performance-driven and successful marketing plans, ensuring business retention through solid tenant and client relations, identifying efficiencies, developing and re-developing strategic staffing plans during economic growth and retractions periods, enhancing the firm’s local reputation in brokerage communities and cultivating new brokerage relationships resulting in off-market acquisitions and first-stop leasing opportunities. Outstanding strengths include:

Loyalty - Persistence - Determination – Integrity - Investor Confidence – Proven Track Record - Successful Lease Negotiator – Acquisitions and Dispositions – Multi-area Marketing Plans – New Business Development – Transition Planning – Staff Development – Broker Relations – Investor Relations – Tenant Retention – Construction – Cost Analysis and Reporting – Experienced in up- and down-market conditions

PROFESSIONAL EXPERIENCE

RREEF MANAGEMENT COMPANY March 2004 to PRESENT

Assistant Vice President / Senior Leasing & Property Manager, Boca Raton, FL

Headed asset management and leasing services for a 3.8M sq.ft. commercial portfolio consisting of sixty-four (64) industrial, flex and office buildings; now reduced to 1.3M sq.ft. Managed a staff of four administrators, six maintenance engineers and three property managers, including oversight of third-party management firms. Developed market strategies, including reviewing and directing brokerage representation, interpreting marketing performance and making strategic adjustments to maximize results. Negotiated all lease agreements and vendor agreements. Sourced acquisition opportunities and coordinated disposition efforts. Restored key brokerage relations and enhanced client confidence. Developed and reviewed budgets, financial statements and client reports. Supervised project management of capital improvements and redevelopments. Coordinated tax appeals and operational advisory to control efficiencies and team knowledge.

Key Accomplishments Included:

 Sourced Acquisitions increasing the portfolio by 2.5M sqft,

 Disposition of 1M sqft, recycling funds into higher quality and yielding assets,

 Increased occupancy from 68% to 100% in first year and maintained this high level for three years

 Minimized the impact of a declining economy, keeping occupancy above market in the mid-90% by measuring market performance and advising clients on needed revisions to aggressive marketing plans,

 Commanded $7M-$13M annually in capital projects over the past three years,

 Developed and pre-leased a 278,000 sqft industrial facility, executed industrial leases ranging from 25,000 to 110,000 sqft and office leases ranging from 10,000 to 65,000 sqft in both inclining and declining market conditions.

 Developed a staffing plan commensurate of expanding client needs with efficiencies servicing three markets

PARAMOUNT REAL ESTATE SERVICES, INC. May 2002 to February 2004

Leasing Executive / Property Manager, West Palm Beach, FL

Headed full-service asset management on behalf of five third-party investors, non-profit and for-profit hospital organizations and private-wealth partners. Coordinated property management, financial reporting, sourcing acquisitions nationally, negotiated dispositions, development oversight, developed and directed marketing and leasing plans for a key high-rise commercial office and nine medical office buildings consisting of over 1M+ sqft; including two for-profit, garage facilities; serving as director of three Property Owner’s Associations and maintaining 50 acres of developable land.

Key Accomplishments Included:

 Redeveloped company-wide policy and procedures,

 Developed a company-wide preventive maintenance program and customer service program and other special projects.

 Executed on new business development resulting in third-party management and leasing assignments totaling 1M sq.ft.,

 Consistently maintained a 97%+ occupancy rate across the multi-market portfolio

 Developed underwriting for new developments and acquisitions,

 Coordinated transition, staffing and recruitment programs commensurate of growing client-base and investor needs,

Richard A. Wall (******@***.***) Page Two

PM REALTY GROUP, L.P. July 2001 to March 2002

Property Manager, Houston, TX

Coordinated successful management and leasing programs for five commercial office buildings totaling 415,000 sqft on behalf of Koll Bren Schreiber Realty Advistors (“KBS”) for various pension fund investors.

Key Accomplishments included:

 Developed customer service, emergency plans and implemented an cost-effective preventative maintenance program

 Managed and mentored an eight member staff, ranging in talents and experience levels,

 Generated budgets and supplemental reports with ease, providing additional investor confidence,

 Prepared and presented client-specific, property performance reports for representation to pension fund investors,

 Met and enhanced the needs of forty-two (42) national and local engineering- and financial-based tenants,

 Reducing outstanding accounts receivable by 106%,

 Increasing NOI by 30% within first six months and

 Coordinated project management of $5M in capital improvement projects, including roof replacements, large-scale chiller / HVAC replacements, government compliance projects, remediation and restorations and fast-track tenant improvements.

HEALTHCARE REALTY SERVICES, INC. (NYSE: HR)

Property Manager II, Sarasota FL June 2000 to July 2001

Responsible for the operations, leasing, customer/client services and financial reporting for four medical office buildings, containing approximately 300,000 sqft and 30 medical tenants, with emphasis on new business development for third-party assignments to expand market position. All facilities were included in the REIT’s top 12 of 256 company owned / operated assets. Achieved a significant increase in tenant satisfaction, reduced operating costs by 10%, managed capital improvements such as chiller replacements and increased rate of returns from 7% to 10% by pushing competitive rental rates.

Property Manager, Houston, TX July 1998 to June 2000

Responsible for the operations, leasing, customer service and financial reporting for twelve Class-A and B medical and commercial office buildings totaling 660,000 sqft, Managed an eight member staff; conducted due diligence used in large disposition; executed $3.5M in new and renewal leases in one year; satisfied the needs of 150 tenants, senior REIT management, senior client management and three hospital administrators; and counseled client’s local and corporate senior level management of potential fraud and abuse violations.

Duties Included: Managed a staff of seven engineers and one administrative personnel, developed a management transition plan, established new management for a facility previously managed in-house, generated monthly financial and management reports, maintained accounting and lease administration database, implemented client’s fraud and abuse prevention plan, generated budgets, met and enhanced the needs of 70 tenants and the hospital administration, generated annual property review assessments with deferred maintenance lists, conducted local market surveys, negotiated leases, managed tenant improvements (shell space and second generation), established work order and preventive maintenance programs, bid and managed service contracts, administered and collected lease obligations previously overlooked (CPI and CAM), reconciled and collected outstanding accounts receivable from past twelve months, coordinated a building re-measuring project capturing additional income opportunities, met or reduced operating budget for two consecutive years and served as a liaison between client’s senior management and client’s local, hospital level CEO’s.

Management Services Coordinator, Nashville, TN December 1997 to July 1998

Responsible for maintenance, education and enhancement of company personnel at field and corporate levels.

Duties Included: Field training on MRI Accounting software, policy and procedures and remote office setup on new projects nationwide. This position was a mentoring program to transition my skills into field management.

Research Analyst II, Nashville, TN June 1997 to December 1997

Responsible for minimal asset management on approx. 250 owned properties throughout the nation.

Duties Included: Reviewed national master leases, reviewed and ensured payment of property taxes and insurance, identified accurate asset valuation to establish proper level of insurance coverage, tracked property review assessments and established field offices and accounting/lease administration databases upon receiving new management accounts.

QMS, INC. (NYSE: AQM, acquired by Minolta) June 1996 to June 1997

Cost Accountant, Mobile, AL

HEALTHCARE REALTY MANAGEMENT, INC. June 1995 to June 1996

Property Accountant, Birmingham, AL

AMERICAN TANK & VESSEL, INC. August 1994 to June 1995

Job Cost Accountant, Mobile, AL

Richard A. Wall (******@***.***) Page Three

EDUCATION

Gold Coast School of Real Estate, Boca Raton, FL; FL Real Estate licensed salesperson – October 2004

Champion School of Real Estate, Houston, TX: Inactively licensed TX Real Estate salesperson - May 2000

University of South Alabama, Mobile, AL: Bachelors of Science Degree, Major in Accounting - August 1994

Computer skilled: Excel, Word, Access, Power Point, CTI, MRI, Yardi and Kardin Budgeting Software

BOMA Member: South Florida Chapter (RPA Candidate)

3rd generation land / timber owner-manager; full cycle from raw materials growth to end-product production (treated utility poles)

References upon Request

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