RUSSELL W. ADKINS II
9321 Notts Court, Lone Tree, CO 80124
Web Page - www.linkedin.com/in/russwadkins
REAL ESTATE & CONSTRUCTION EXECUTIVE
PROFESSIONAL PROFILE
Successful Executive in the Real Estate & Construction industries with 20 + years of expertise in:
Company P/L, Business Development, Financial Forecasting and Operations
Real Estate Development & Acquisitions
Real Estate Asset Management
Residential Construction
Multi-Family Construction
Design Build Processes
Structural & Geotechnical Remediation
Skilled Leader utilizing integrity, overt purpose & vision, focus on strategic planning & execution, emphasis on teams, encouragement & coaching of staff, clear sense of urgency & accountability garners from those on his staff loyalty, trust, respect, high performing teams, organizational efficiency and increased work quality.
Proven History of positive organizational results in both high-growth environments as well as those of restructuring, turnaround and/or downsizing environments. Key qualifications include:
Strong Respected Reputation
P/L Analysis, Management & Focus
Staff Development
Business Development
Operations Efficiency
Customer Satisfaction
Comprehensive Knowledge in Construction & Real Estate
PROFESSIONAL EXPERIENCE
Beazer Homes Holdings Corp., Colorado Division 2004 5/2008
Division President
Beazer Homes, the Nations 6th largest home building company, had annual gross revenues of over $4 Billion. The Colorado Division operated out of Denver, Colorado and became the State of Colorados 7th largest home building operations with annual revenues of over $240 Million, 620 annual home closings and over 135 employees. My direct duties included P/L responsibility (with over 23 active subdivisions), home building operations, maintained VP of Land responsibilities, Divisions strategic planning & execution, staff/executive team development, business development, product development, pricing strategies, forward planning, customer service, legal matters, joint ventures, office management and representing the company and its operations in Colorado to the public and the media. Significant Accomplishments in this position include:
Grew Division to 7th largest in the State of Colorado
Reduced Construction Hard Costs by over 12%
Shortened Construction Cycle time by 20%
Reduced Warranty Costs by 40%
Shortened Warranty Cycle Time by 100%
Reduced G&A Expenses to 8% of Revenue
Successfully combined two operations into the Colorado Operations
Successful transition to Regional Shared Services for financing, procurement and customer services
Division VP of Land Acquisition & Development
Prior to being promoted to Division President my duties were forward planning, market data, real estate asset management, new subdivision identification, real estate negotiations, initial project proformas, real estate letters of intent, real estate contract/purchase agreements with developers/land sellers, real estate related legal matters, real estate acquisitions, due diligence, manage submittal packages to corporate land committee, real estate closings, project entitlements, negotiations with cities & municipalities, real estate development construction drawings, HOA docs & management, metro district docs & management, metro district bonds, review and approval of all project proformas, real estate land budgets and updating, internal land allocations, land development contracts with vendors and subcontractors, joint ventures and associated financing, Off Balance Sheet transactions, subcontractor application for payments, bank draws and approval of all budget variances & change orders. My duties during this time also included management of the operations and housing starts meetings as well as management of all architectural and engineering activities for the Division. Significant Accomplishments in this position include:
Grew Divisions operating projects by 75%
Reduced Land Development Cycle time by 40%
Reduced Budget Variances by over 100%
Developed Budgeting and EPO Policies & Procedures that were adopted as National Best Practices
Successfully structured various Joint Ventures and other Off Balance Sheet Transactions of over $250 Million in Real Estate Transactions
Established Division as the premier business partner for developers/land sellers in the market place
Richmond American Homes of Colorado, Inc. 2001 2004
Director of Land Acquisition & Development
Richmond American Homes was the nations ninth largest home builder and Colorados largest home builder with annual closing of over 2000. The Northern Colorado Division had annual closing of over 750 and over $300 Million in annual Revenue. My direct duties were primarily for the Northern Colorado Division and included forward planning for the Division, full knowledge of the housing market, Divisions real estate asset management, Divisions potential new subdivision identification, negotiations, initial proformas, letters of intent, contract/purchase agreements and related legal matters, acquisitions, due diligence, manage submittal packages to corporate land committee and related material, real estate closings, project entitlements, real estate development construction drawings, HOA docs & management, metro district docs, bonds and management, review and approval of all proformas, full land budgets, land allocations to the home building group, land development contracts with vendors and subcontractors, subcontractor draws, approval of all budget variances and change orders.
Buchanan Yonushewski Group, L.L.C. 2000 2001
Senior Project Manager
Buchanan Yonushewski Group was located in Denver, Colorado and was a fully integrated real estate development company specializing in multifamily developments primarily downtown luxury loft and condominium design build projects. My direct duties of the company included managing approximately 75% of the companys development/construction volume, implementing a significant number of policies and procedures for the company which was going through a period of significant growth, re-structured the construction operations of the Company for increased volume and efficiency, daily client relations and management, negotiations and contracting with real estate developers, property sellers, managed Entitlement teams of Engineers, Planners and On-Staff Architects, Negotiated, Contracted and Managed Subcontractors, Oversaw bank draw processes, cash-flow projections for company, managed a staff of ten, project site selection and analysis, project proformas, project scheduling, project budgeting and cost control.
JPI Multifamily Construction Operations - Denver Regional Office 1996 - 2000
Senior Associate
JPI Multifamily was the nations largest developer of luxury apartments with annual capitalized values of well over $2 Billion. My direct duties were both in the Texas and the Colorado operations, managed the Development & Construction of approximately $295Million, managed all Legal Related aspects of the Colorado Region, Manage teams of consultants, engineers and subcontractors throughout the entitlement stages of projects, Analysis of proposed development sites, Coordination of construction documents, Value engineering, Scheduling of development and construction activities, Estimating, Budgeting and Cost Control on Development Projects, Bank Draw Processes, All Legal Related activities that dealt with mechanics liens, Liz Pendens, subcontract agreements, purchase orders, and various dispute resolutions procedures.
Master Consultants, Inc. 1989 1996
President
Master Consultants, Inc., with operations in Dallas, TX area, was a company that engaged in the business of structural engineering, geotechnical engineering, environmental testing and consulting, construction management services, general construction/building consulting in the states of Texas, Oklahoma and Louisiana. The company specialized in Structural Remediation, Construction Management and General Construction Inspection services. My direct duties included P/L responsibility, operations, strategic planning and execution, staff development, cash flow & financial forecasting, office management, business development, marketing, client relations, management of 3 Professional Engineers and 8 licensed Real Estate Inspectors, representing the firm to the public and media. Significant Accomplishments include:
Grew the firm to a Multi-State operation
Grew and developed the staff by over 15 fold
Successfully founded, grew and operated business until its purchase from one of the Nations largest consulting firms, R.J. Moore &Associates out of Annapolis Maryland.
Maintained a Client List with organizations such as: Home Owners Warranty Corporation, David Weekley Homes, Coldwell Banker Relocation, Residential Warranty Corporation, Hargrave & Hargrave Inc., Helical Concepts, A.B. Chance Company, Home Builders Warranty, R.J. Moore & Associates and Centex Homes.
EDUCATION
Texas A&M University at Stephenville
Civil Engineering and Mathematics Studies 1987 1988
Texas A&M University at Commerce
Civil Engineering and Mathematics Studies 1988 1991
Additional Educational & Professional Development
Colorado Water Law Legal Continuing Education
Real Estate Contracting in Colorado Legal Continuing Education
University of Texas Basic Soil Mechanics
American Inspectors Institute GAII
Midwest Radon Consortium, Radon Management Proficiency Program Certification
American Inspectors Institute Continuing Education
National Society of Environmental Consultants Site Assessment and Phase I and II Environmental Screening
7th International Conference on Expansive Soils (Had published an article in the curriculum with the Senior Staff at A.B. Chance & Co.)
REFERENCES
Available via separate cover
Available to view via web page www.linkedin.com/in/russwadkins
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