EDWARD A. CONDOLON
Basking Ridge, NJ 07920
908-***-**** home
703-***-**** mobile
*********@*****.***
OVERVIEW
Executive with 19 years of diverse experience in real estate development, construction, operations, project management, risk management, finance, investments, audit, planning, engineering, legal, procurement, quality management, consulting, policies and procedures, strategy, and marketing with regional and national real estate, construction, and professional service firms. Bachelor of Civil Engineering and MBA with expertise in leading:
Finance Operations Investments Planning Management
Banking Risk management Land acquisitions Capital Internal controls
Forecasts Strategic planning Feasibility studies Business plans Contract negotiations
Profitability Best practices Due diligence Metrics & goals Outside professionals
Reporting Policies & procedures Investor relations Budgeting Design & construction
Cash flow Project leadership Asset management Resources Marketing & sales
EXPERIENCE
8/2008-8/2009 Nova Corporation Englewood, NJ
Leading general contractor of Mission Critical Facilities
Project Executive
• Led all aspects of construction for a $55 million Data Center in NJ and a $69 million LEED Data Center project in CA resulting in an 18.7% and 21% profit.
• Delivered fast track projects on time, within budget, and of the highest quality for the largest client and number one Internet Data Center provider in the world.
• Oversaw and supported construction, scheduling, accounting, contracts, finance, client relationship, new business, project management systems, and project teams.
• Managed all aspects of profit and loss, revenue and income, cash flow, and risk.
3/2007-2/2008 Advance Realty Group Bedminster, NJ
Regional real estate developer
Vice President of Development
• Led the entire redevelopment process for a billion dollar mixed-use transit village from strategy, planning, design, feasibility, finance, construction, schedule, marketing, sales, leasing, contracts, negotiations, and final development. This project included the largest brown-field renewal effort in New Jersey in 2007. The 132 acre first phase consists of retail, hotels, multi-family units, and stadium utilities.
• Oversaw master planning and design of world-class architect for 800,000 square feet of retail space, 1,950 residential units, 1,500,000 square feet of office, a river front park, a 175 key hotel, and a 350 key full service hotel and conference center.
• Led feasibility analysis to determine highest and best use of property.
• Prepared, implemented, and monitored project finance, underwriting, debt and equity structure, design, construction, quality, policies, and procedures.
• Led operations, turnaround effort, entitlement, and negotiations with public officials, engineers, contractors, consultants, lenders, and attorneys.
• Led effort to reduce financing costs approximately $8 million through the use of public loans and funding.
• Enhanced department contracts and co-developed finance and accounting process and procedures.
• Led design effort to reduce costs $1 million and settled $1.8 million dispute.
3/2005-3/2007 Kettler (formerly KSI) Vienna, VA
Top 20 national multi-family real estate developer
Project Executive
• Oversaw the entire development process for 22 multimillion-dollar Planned Unit Developments and associated project staff. This included master-planned residential communities (multi-family, single family, for-sale, and rental), town centers, retail, and mixed-use projects totaling more than 4,800 units and $500 million in expenses.
• Led feasibility, land acquisition, zoning approvals, permitting, pre-development activities, finance, sales, marketing, community design, leasing, construction, strategy, project quality, project staff, HOA management, turnover, and stabilization.
• Managed projects' concept plan, due diligence, design, financing, marketing, contract and change order negotiations, and construction of entire community development including amenities, signage, building guidelines and specifications.
• Negotiated with landowners, builders, contractors, state and local jurisdiction officials, attorneys, lenders, and consultants.
• Coordinated and supported corporate Finance and Accounting departments with pre-construction costs, debt, equity, joint ventures, investors, closings, and due diligence.
• Planned, coordinated, analyzed, and managed project performance.
• Implemented successful communities on time, on budget, and of the highest quality.
• Led most profitable planned community in Kettler in 2007, which received an award for a best-selling community in the Washington, DC area by Hanley Wood.
• Acquired and disposed of land and property assets, analyzed and managed complex real estate transactions, portfolio of assets, entitlement process, debt and equity partner relationships, and entrepreneurial profit and loss on all projects.
• Established real estate development and construction goals and schedule, adhered to critical time requirements, negotiated creative solutions to obtain governmental permits and approvals and created new value realizing market returns.
• Led and managed the efforts of numerous development project teams, including leasing, legal, due diligence, finance, modeling, capital markets, consultants, land acquisition, financial and market feasibility, pre-development and entitlement activities, location analysis, sales, marketing, project vision, design, construction, property management, HOA development and management, and bond release.
• Developed and maintained strategic relationships with owners, principals, brokers, architects, contractors, multiple engineers, land planners, tenants, multi-family residential developers, investors, and state, county, and local governmental agencies, department teams, consultants, and national and local builders.
• Developed community plans and pro formas, performed constructability reviews, ensured timely payments to vendors throughout development, analyzed engineering documents, and served as the HOA president for numerous communities.
• Prepared and presented project analysis and returns to investment committee.
• Evaluated community product design with corporate marketing, finance, development, and construction groups to ensure profit goals could be achieved.
• Hired, trained, mentored, and managed multiple staff.
6/2004-3/2005 LMI McLean, VA
Leading consulting firm
Manager / Research Fellow, Facilities and Asset Management Group
• Led multiple engagements in developing real estate strategy, construction, facility management software, facility assessments, and ensuring real estate best practices.
• Led effort to develop construction, real estate, operations and maintenance cost model for $520 million national program.
• Provided independent construction cost analysis, outsourcing, and supervision on a $274 million National Security Complex.
• Developed marketing plan for facilities condition assessment software, facility business plan, real estate and construction manuals, performance indicators for public agencies, and private financial and legal solution for public agency.
9/2000-6/2004 Ernst & Young, LLP Washington, DC
Leading professional services firm
Manager, Real Estate and Construction Advisory Service Group
• Led evaluation of real estate, property management, portfolio strategy, budget, design, construction, development, risk, and financing for multiple projects.
• Leading local Manager for sales and business development efforts in a down market.
• Led financial and market analysis and due diligence efforts for numerous multimillion-dollar public and private real estate projects.
• Managed due diligence on $1 billion-dollar commercial real estate acquisition.
• Directed real estate and construction effort of a $700 million insurance claim.
• Managed schedule effort for a $400 million construction program.
• Provided dispute advisory services for $112 million healthcare project.
• Provided project management oversight, scheduling, claims consulting, and strategic advisory services on a $680 million and $1.1 billion power plant. This included assistance in settling a $500 million lawsuit, financial analysis, and aligning strategic goals with capital deployment to maximize value and reduce risk.
• Provided market and leasing analysis for a $232 million telecommunications leader and a $17.2 billion defense leader.
• Provided leasing and portfolio analysis for a leading underwriter for a major Real Estate Investment Trust acquisition.
• Hired, managed, and mentored Managers and Senior Consultants.
Senior Consultant
• Led operational and financial audit of a $1.7 billion mixed-use project at Time Warner Center in New York City.
• Provided cost management, scheduling analysis, business process improvement, project management oversight, change order management, lease evaluation, contract evaluation, quality control, and strategic planning.
• Developed financial models and performed pro forma and cash flow analysis.
9/1996-9/2000 Bovis Lend Lease, Inc. Bethesda, MD
Continually ranked among the top global real estate companies
Program Manager
• Represented the owner in leading the design, construction, and finance efforts for a $900 million expansion and renovation for the largest research hospital in the world.
• Led a multimillion-dollar sales effort for the largest public client in the region.
• Hired and managed staff and a local area network of 18 computers and software for project management, database, marketing, estimating, and scheduling.
• Selected by corporate management to be a national trainer on leadership, project management (Prolog), and scheduling (Primavera and SureTrak).
• Developed and implemented processes to ensure quality, cost, and time goals resulting in regional customer satisfaction award.
Project Manager
• Managed construction, billing process, outsourcing services, contracts, and purchasing for a $50 million project resulting in annual project savings of 15%.
• Managed construction quality, changes, cost, time, and technical issues.
• Managed a $17 million owner claims analysis resulting in an $8 million settlement.
Additional roles in management: SGI Cost Consultants and Clark Construction Co.
EDUCATION George Washington University Washington, DC
Masters of Business Administration August 2000
• Summa cum laude, Beta Gamma Sigma Honor Society, academic scholarship
Villanova University Villanova, PA
Bachelor of Science Civil Engineering May 1990
• Business Concentration