TRAVIS MOREY

SENIOR EXECUTIVE: CORPORATE REAL ESTATE OPERATIONS

Corporate executive experienced in Management / Operations / Business Development; leadership and successes in Fortune 200 corporations. Extensive operations experience managing diverse groups, P&L responsibilities, financial analysis, trend forecasting, negotiation and direction of large contract fulfillment. Recognized for managing multiple cost centers, business plan advancement, workflow efficiencies, expense reductions and stimulation of growth. Proven success managing human resources and multi-disciplines for business development, company growth, problem-solving and shareholder value. Strengths include:

P&L ResponsibilityMultiple Cost CentersBusiness Development
Project ManagementTeam LeaderManagement Reporting
NegotiationsAsset ManagementEPA Compliance
Financial AnalysisDue DiligenceBudget Development
Feasibility PreparationCompetitive AnalysisCost Benefit Analysis

SELECTED ACCOMPLISHMENTS

Recruited for operations experience and corporate successes to fulfill role as Vice President of National Accounts. Results: Responsible for companys number one account valued at $70MM annual revenue.
Completed a 20-month contract negotiation needed to avert capital funding gap and meet financial guidance anticipated by Wall Street. Results: Agreement valued at $625MM, and a commitment of 9 years guaranteed income.
Hired and Directed select teams and cost centers to work in cross functional environment for national asset management program. Results: Program efficiencies lead to centralizing regional departments into a corporate team.
Raised new capital by marketing and selling disregarded assets. Results: $7.5MM acquired by selling assets to second tier vendor, less than 90 days.
Created financial model for disposition of assets based on analysis of market trends, net present value and discounted cash flow streams; sourced from a market segment previously undocumented. Results: Analysis and methodology lead to development of values based on income multiples used for asset transfers.
Managed Team and Concluded a commitment in 2.5 years, one half of allotted five-year timeline. Results: The Company agreed to sell an additional 250 units for a total transaction value of $152MM. The funds went to offset development cost associated with company growth.
Developed a corporate EPA compliance strategy and brought the company into conformity within 90 days. Results: Federal fines and penalties amounted to more than $10MM, however, pursuant to pro-active response and careful negotiation the amount was reduced to $35K. Certificates of compliance were signed for 95 facilities and an on-going annual compliance program was developed.
Decentralized legal staff to relocate from the corporate headquarters to regional offices based on ineffective workload responsiveness in a centralized environment. Results: An expedited legal review process reduced the time required to prepare drafts and comments, and provided clarity to legal nuances from local jurisdictions.
Pivotal in a sale and leaseback agreement that raised $560MM in funding and committed the Company to a build-to-suit contract over a five year period. Results: Certain assets viewed as stranded capital were leveraged to supplement needed resources for future growth.
Directed various outsourced vendor teams; projects ranging in scope from due diligence reporting, corporate business unit development, attorneys & contracts and financial forecasting. Results: In each case, projects were fulfilled or delivered on-time, occasionally ahead of schedule and within budget.



TRAVIS MOREY (PAGE 2)

PROFESSIONAL EXPERIENCE

SUNRISE DEVELOPMENT, INC. (a division of Sunrise Senior Living) Texas and Oklahoma 2007 - Present
Development Officer, acquisitions, financial proforma, licensing, trend analysis and vendor management.
Responsible for development of eight assisted living projects valued at $177 million.
Contract management valued at $7.6 million for architectural and engineering services.
Project management from site selection to licensed operation.

DALLAS INTERNATIONAL REALTY ADVISOR, LLC (Commercial Development) Frisco, TX 2006 - 2007
Executive Vice President, leasing, brokerage, acquisitions, sales and property management.
Developed company business plan and team training for in-house leasing, brokerage and sales.
Proposed and instigated an in-house property management plan.
Responsible for property feasibility plans, due diligence, investor presentations, reporting and operations.

SPECTRASITE (3.1 Billion Dollar Real Estate Holding Company) Dallas, TX 2003 2006
Vice President, National Accounts
Negotiated commitment agreements with national tenants. Analyzed growth trends, developed forecasts.
Personally responsible for company's #1 tenant account valued at $70+ million annual revenue.
Matrixed responsibility for company performance; high-level support to operations and property management.
Responsible for customer relationship management, public safety specialist, and regulatory compliance committee.
Leveraged industry relationships to develop network for high-profile national convention; new income increased 37%.

NEXTEL (Fortune 200 Company) - Reston, VA 1997-2003 National Senior Director, Real Estate Assets Group
Led real estate transaction and business development teams comprised of attorneys, financial managers, operations staff.
Directed national leasing program, EPA compliance initiatives and centralized property management; $2 MM budget.
Decentralized key legal process, leveraging volume and regional differences for improved turn-around efficiencies.

Regional Director, Business Development
Developed regions program for national tenant lease agreements and secured 100 valued at $27 million.
Instrumental in complex sale and leaseback of 2,000 developed sites together with a 1,700 site build-to-suit contract.

NEXTWAVE ($4.5 Billion Dollar FCC Auction License Winner) Dallas, TX 1996-1997
Regional Manager, Real Estate & Facilities
Recruited from AT&T to lead real estate acquisition and development teams across 6 states.
Managed development of budget; held accountability. Acquired office space and data center/warehouse facilities.
Hired/managed team and outsource providers for acquisition, legal review, environmental reporting, zoning presentations.
Negotiated national lease agreements with utilities and infrastructure providers. Managed 40 staff.


PRIOR RELATED EXPERIENCE

TRAVIS MOREY & ASSOCIATES Real Estate Appraisal Services
Principle State of Texas General Certification
Conducted analysis and prepared commercial and residential real estate appraisals; specialized in income-producing properties.
Directed reporting for banks, S&Ls, federal institutions, mortgage companies, attorneys and individuals.
Managed company P&L, operations, recruiting/training of staff appraisers.

EDUCATION
Bachelor of Arts
University of Texas, Dallas

CERTIFICATIONS / PROFESSIONAL DEVELOPMENT
Licensed Texas Real Estate Broker Current College Real Estate Instructor 1992-1995 Texas Certified General Appraiser 1992-1999
Corporate Classes / Seminars in Management and Negotiation
Best Negotiating Practices Management Law Recruiting and Hiring Performance Management
Behavioral Interviewing All-Inclusive Workplace Development Planning: Dealing with Difficult People