1999 - Present                     Owner – Majority Owner and Manager of a residential and commercial portfolio of properties situated in Southern California and Florida with a current market value exceeding 60 Million Dollars.

1985 – 1999                         C.E.O. – Founder of real estate firm offering an array of asset management services ranging from development and construction supervision to property management and sales and leasing brokerage. Strong track record as receiver and realty advisor to governmental agencies, financial institutions, life insurance companies, developers and investors. Added value to over 600 distressed properties during the 1990’s, as court appointed receiver and property manager. Office and field staff of approximately 25 real estate professionals. Properties included office buildings, power retail shopping centers, mixed-use properties, large multi- and single user industrial space, and numerous apartment complexes. Consistent with long-term objectives, in 1998 the company shifted focus from receiverships and fee management, to acquisition and management of its own properties.

1983 – 1985                     COMMONWEALTH DEVELOPMENT CORPORATION

                                                Louisville, Kentucky

                                                C.E.O. – Directed staff of 40 people from corporate and regional offices and actively monitored and determined corporate policies for the in-house architectural and construction subsidiaries. Line duties included financial analysis, acquisition and disposition of properties and anchor tenant negotiations, and contract negotiations. Commonwealth constructed over $100 million of office, retail, and mixed-use projects throughout the Southeastern United States. Authored and implemented comprehensive new management systems, modified staff structure, upgraded legal documentation, and instituted corporate and project marketing programs. Results included: consummation of purchase transactions for five shopping center sites; a neighborhood shopping center and a high rise office building; and the sale of three shopping centers; commendation from lenders for improved reporting systems, a ten fold increase in executed leases and letters of intent (approximately 100 were executed for the 7 new projects under construction plus the 150,000 s.f. office building and rehab of an existing mall); a significant reduction of construction costs and improvement in construction scheduling; the execution of agreements to purchase four new major development sites plus the major rehab office building.

1977 to 1983               MacDONALD MANAGEMENT CORPORATION

                                                Los Angeles, California

                                                Vice President Operations – Primary responsibility for the management and renovation of over 4½ million square feet of shopping center space. MacDonald controlled the 3rd largest portfolio of shopping centers in California at that time, and also controlled over 1 million square feet of office/industrial space. A small and centralized operation, focused primarily on lease negotiations and property management for over 600 tenants, including attendant corporate staff, on-site personnel, brokers, and outside consultants. Other duties included: drafting legal documents; analyzing existing projects and new acquisitions on demographic and financial basis; work with mortgage brokers and lenders; architects and other consultants contracts and supervision; managing construction and liaison with all related governmental agencies and public bodies. As responsible manager for renovation and expansion of 85% of portfolio, was responsible for doubling cash flow through re-tenanting properties and negotiation and management practices. Acquisition duties included full responsibility for selection, analysis, structuring, negotiating, documenting and closing on two regional mall sites, 2 existing neighborhood and one regional mall centers, and the sale of a neighborhood center and industrial facility.

1975 to 1977               J.A. TERTELING & CO.

                                                Boise, Idaho

                                           Real Estate Manager – Project Manager for two 200,000 square foot shopping centers, renovation and expansion in Boise and Salt Lake City. Managed approximately 500,000 square feet of shopping center space in the Northwest inter-mountain region. Assistant project manager for 200 acre residential development in Pocatello. Project manager for 120,000 square foot office building in Boise.

1973 to 1975               BUSCH PROPERTIES, INC.

                                                St. Louis, Missouri

                                                Assistant Director of Commercial Property – and later promoted to Assistant to President of Anheuser Busch’s real estate development subsidiary. Worked on commercial aspects of 3,000 acre planned unit development in Williamsburg, Virginia, including the development of office, industrial, hotel, shopping center, golf and tennis elements. Coordinated development program with outside consultants and developers.


EDUCATION: M.B.A., Business, 1973

                                                Denver University Graduate School of Business

                                                J.D. 1972

                                                Denver University Law School

                                                B.A. 1969

                                                Denison University

CONTINUING International Council of Shopping Centers

EDUCATION Management I & II, University of Shopping Centers

                                                Attended 25 national conventions

                                                UCLA Graduate Extension: Appraisal, Real Estate Finance

LICENSES/                     American Bar Association

MEMBERSHIPS Missouri Bar Association

                                                Ohio Bar Association

                                                Real Estate Broker, California

                                                CSM – Certified Shopping Center Manager

                                                CPM – Certified Property Manager candidate

                                                International Council of Shopping Centers (ICSC)

                                                Apartment Owners Association (AOA)

                                                Los Angeles County Superior Court approved Receiver, and throughout California

PERSONAL                    Excellent Health

REFERENCES Available on Request