George D. Gall, CPA

Senior Executive with demonstrated leadership in planning, finance, real estate and lease transactions, due diligence, financial oversight of construction projects, budget management, multi-site operations and financial analysis

Negotiated $275 million in taxable and tax exempt credit facilities with debt tranches and interest rate hedges

Voice of integrity who operates in an organizations best interest to enhance transparency and performance
Analyzed insurance costs, retained external consultant, and saved $1.9 million (43%) in annual insurance expenses
Generated $8 million of $12.4 million capital improvement budget by reinstituting prepayment fee structure
Performed financial projections/due diligence on $750+million in commercial properties across 17 states, facilitating growth of REIT from 41 to 109 manufactured home/RV communities
Orchestrated sale of mixed-use property under lease-up for $6.1 million; obtained 117% of expected market value

Effectively partners with senior management and boards of directors to safeguard against control failures
Revised investment policy and implemented controls for compliance with asset investment limitations
Averted the purchase of $140 million in property investments by identifying cost and compliance issues
Identified $1.8 million in improper payments through forensic audit of property management firm
Served on 7 board committees: executive, planning, finance, investments, building, enrollment and athletics

Respected leader who leverages comprehensive business acumen to build credibility and consensus in diverse arenas
Member Community Advisory Board of Enterprise Bank of Florida
Built network of legal, banking, real estate professionals and general business contacts
Commended by President for hiring and retaining qualified personnel. Retained 19 of 23 new hires.

PROFESSIONAL EXPERIENCE

Vice President for Business Affairs & Chief Financial Officer, of Palm Beach Atlantic University operating in West Palm Beach, Orlando and Wellington, FL. $68 million operating budget, November 2004 April 2009
Member of Presidents senior management team. Managed staff of full/part time/outsourced employees of 160.
Participated on team that created the Universitys strategic plan
Executive leadership/oversight of accounting, budgeting, finance, investments, facilities construction/maintenance, human resources, insurance, financial aid, information technology, legal contracts, and auxiliary services
Responsible for financial reporting and external audit; invested temporary cash and managed banking relationships
Maintained financial stability over a four year period of rapid growth of an average of 11% per year and through two hurricane seasons and a year of bad enrollment
Negotiated $41 million tax exempt VRD bonds (73% hedged to fixed rate) and $12 million unsecured credit facility
Authorized $1.4 million upgrade/redesign of IT infrastructure/server room. Down time was reduced to under 1%.
Identified and secured new investment advisor, positioned $35 million endowment for 4% increase in ROI
Engineered facilities expansion: opened two new buildings of 60,000 square feet. Provided financial oversight of budgets for construction, renovation and tenant build-out projects exceeding $20 million. Executed construction contracts, approved payments using AIA document G702 and resolved zoning issues.
Negotiated real estate leases for 20,000 square feet in Orlando, Wellington and West Palm Beach.

Chief Financial Officer, Westport Advisors, Ltd., Palm Beach Gardens, FL, 1999-2004
Administrative and financial oversight of multi-site investment fund with $350 million in assets and $165 million in equity that operated and developed 8 continuing-care retirement communities (CCRCs) across the Sun Belt
Responsible for financial reporting and accounting; managed cash flow at 2 CCRCs with $50 million in revenues.
Negotiated 8 multimillion-dollar construction/mini-perm loans; managed lending relationships including funding requirements, covenant compliance and communications
Financial oversight of 4 concurrent construction projects of $1.8 million to $62.2 million. Executed construction contracts, approved draws submitted to lender, ordered title searches and resolved mechanic liens.
Coordinated 5 annual audits, prepared quarterly financial statements, and reported to investors/lenders
Achieved $515,000 in annual cost savings by reviewing agreements and negotiating discounts
Avoided litigation with numerous vendors in the midst of repositioning the retirement communitys operations
Remedied marketing/PR agency conflict of interest
Led process improvements that enhanced management reporting and risk/operations management
Directed initiatives to strengthen properties; capitalized on shifting market trends and increased occupancy rates


President, Credit Quality and Financial Consulting, Inc., Palm Beach Gardens, FL, 1992-1999
Launched consulting practice specializing in real estate investment analysis, due diligence and regulatory compliance. Prepared forecasts of operating revenue and expenses and corporate Federal income tax return. Clients included public REIT, private real estate investors, financial entity, and Big 5 accounting firm
Instrumental in obtaining $4 million purchase price adjustment by completing comprehensive due diligence
Confirmed availability of utilities for development and investigated potential drainage issues
Selected by clients CEO to evaluate ROI capacity of properties valued at $50 million for personal investment
Interim Treasurer for custom home builder. Restructured financial operations and addressed cash flow issues
Performed due diligence/quality control on troubled real estate/commercial loan portfolios totaling $450+ million
Prepared financing memorandums to obtain debt/equity capital for acquisition for private real estate investors
Seminar speaker and published author recognized by leading authority in manufactured home community industry

Senior Vice President & Chief Credit Officer (progressive promotions), Boca Bank, Boca Raton, FL, 1988-1992
Supervised staff of 9, including 4 officers. Responsible for credit analysis, special assets, loan operations and collateral documentation. Secretary and voting member of Loan Committee.
Limited losses to 1% on 60 nonperforming loans and other real estate valued at $14 million
Reduced exceptions from 32% to 12% by designing comprehensive documentation/monitoring system
Supervised due diligence review of troubled commercial loan portfolios totaling $150 million+ for acquisition
Participated in strategic planning process

Senior Vice President & Chief Financial Officer (progressive promotions), Prime Bank, Boynton Beach, FL, 1985-88
As the Banks first CFO, implemented asset/liability management policy with benchmarks; initiated strategic planning, annual budgeting process and financial reporting with variance analysis; managed the securities investment portfolio, secondary marketing and residential lending including construction loans.
Supervised staff of 4, including 1 officer. Secretary of the Asset Liability and the Investment Committees.
Prepared cash flow projections and recommended pricing of deposit liability products.
Improved net interest margin (NIM) 51 basis points by implementing strategies to balance asset/liability repricing cycle. On a comparative basis, NIM, net income (loss) and return on assets improved from $1,195k to $1,468k; ($284k) to $81k and (0.46%) to 0.17% respectively
Collected in full $3.3 million in commercial real estate loans classified as substandard by bank examiners

Commercial Real Estate Credit Manager, Cardinal Federal Saving Bank, Cleveland, OH, 1983-1985
Led startup of credit department to underwrite loans secured by apartments, shopping centers/malls, office buildings and hotels, including policies and procedures, staffing, training, loan review process and compliance
Managed evolving responsibilities as loan portfolio grew from $100 million to $1+billion
Annual loan volume was $400 million. Average loan amount was $8 million

Prior experience at Regional Money Center Bank: commercial lending, construction lending, real estate loan workouts, sale of other real estate assets, resolved other special assets and formal credit training.

MBA & BBA, Florida Atlantic University * BS (magna cum laude), Math, Florida Southern College
Licenses: CPA and Real Estate * Proficient in Microsoft outlook, word and excel