EDWARD J. ZEBROWSKI 11765 Bell Cross Cir. Parker, CO 80138 H 720-851-1549 / C 303-669-7713
SENIOR REAL ESTATE EXECUTIVE Project Management / Feasibility Analysis / P&L Management / Cost Reduction/ Partnership Alliances Marketing/ Land Development / Master Planning / Multi-Use Tracts / Entitlement Approvals
Forward thinking senior executive experienced in the general management, strategic planning, growth, P&L management, and budgeting of homebuilding operation and major land development operation. Real estate expertise spans project planning, due diligence, finance, raw land acquisition, entitlement to final map, lot processing, construction, permitting, home building, design, estimating, purchasing, marketing, sales, legal and overall growth of a fledgling division. Strategist with a track record of developing resourceful initiatives to maximize asset value, control costs, improve ROI, and increase organizational efficiencies. Skilled in moving the entitlement process forward and obtaining approvals on politically sensitive properties. Goal oriented leader adept in the selection and development of talented management teams to support company business objectives. History of successful dealings with general and subcontractor groups. Strong interpersonal, negotiations, problem solving, and communication skills. Available for travel and/or relocation. HIGHLIGHTS Organized a real estate development company to focus on objectives and achieve goals Helped negotiate a recapitalization of a real estate company with over $150M in value Increased value of real estate development company by over 2x in 1 year by processing entitlements, value engineering projects, diversification of product and structuring projects with optimal exit structures in mind as well as improving contractor relationships Managed a land sale program of over 800 lots in 1 year within a market selling approximately 4,500 homes per year Grew a homebuilding division from 12 closings when I arrived to over 80 closings 18 months later. Increased profitability of division due to a reduction in costs as well as cycle time reduction. Directed the startup of 4 new communities increasing volume by over 5x in one year. Evaluated over 4,000 lots within the first 6 months of my employment to help expand the operation. Evaluated several loft conversion and infill urban lifestyle projects. Evaluated and hired a project management staff with varied skills to manage the increased growth. Spearheaded a name recognition program in the market to help attract customers to the sales centers. Evaluated underperforming projects, restructured the teams to help achieve success for the division. Defined company strategic focus and business objectives, and spearheaded appropriate real estate plans, marketing approaches and partnership alliances to support goals and drive profitability. Instituted organizational policies, procedures and internal controls. Identified, solicited and negotiated Private, Venture and Strategic capital investments. Prepared operating budgets with full responsibility for achievement of budget goals. Recruited trained, developed and guided management staff and contracted personnel. Devised incentive programs to boost company edge. Provided strategic direction for major construction and development projects, including a portfolio of land assets in the Colorado market. Led projects through all phases from concept planning, site acquisition and processing through final design and construction. Sourced, negotiated and awarded competitive subcontractor and vendor agreements. Directed and controlled the marketing and operational activities of the entire portfolio. Provided financial modeling and feasibility studies of a wide range of proposed community projects. Coordinated and managed acquisition and delivery of homesite inventory with builders and developers. Represented company to local, state, and federal agencies to obtain land-use and environmental permits related to new construction. Negotiated terms and conditions of permits.
PROFESSIONAL EXPERIENCE
Blue Vintage Group, LLC, Denver CO2008 to current Worked with clients to identify capital sources and real estate acquisition opportunities throughout the United States. Blue Vintage Group, LLC was created to evaluate and invest in certain real estate opportunities nationwide.
Principal (2008 current) Assist clients in the identification and evaluation of real estate acquisitions as well as to assist in the identification of capital partners for start-up real estate ventures.
EDWARD J. ZEBROWSKI2/4
Achievements Structured a major investment program with several large opportunistic investment firms for a start-up real estate fund Identified and negotiated the investment of angel capital for a start-up real estate fund Identified and evaluated the acquisition of several golf course business opportunities for a foreign investor Structured the acquisition of several vacation timeshare units for foreign investors Evaluated the acquisition of several large development tracts from national builders for a real estate fund Worked with several national lenders to evaluate their real estate portfolio and evaluate the acquisition of certain assets from the lenders balance sheet Assisted several large developers in evaluating and managing their land holdings
Alpine Development Group, Palm Desert CA2006 to 2007 Hired to oversee the overall operations of an expanding real estate development organization. Alpine Development Group is a private real estate developer with over 11,500 single or multi-family lots as well commercial and office property under control.
Chief Operating Officer (2006 to 2007) Plan and execute real estate strategies for the acquisition, design, entitlement, sales, development and construction of a real estate development company. Challenged to create a culture and organization supporting a real estate development operation while managing over 11,500 lots in different stages of acquisition, entitlement, development, product development, market analysis and sales. Hold full accountability for all operational and P&L responsibility associated with the business functions, acquisition, design, entitlement, product development, construction, sales, marketing, budgeting, financing, motivation, staffing and general project management.
Achievements Oversaw project managements entitlement of over 1,100 lots in 1 year Helped negotiate financing and recapitalization for a real estate development company with over $150M of value Oversaw cost reduction efforts achieving over 10% reduction in direct costs Evaluated several Section 8 housing programs Initiated design of two workforce housing communities Managed land sale program of over 800 lots in a market selling approximately 4,500 homes per year Organized a goal oriented environment for all associates Helped create a positive, trusting workplace in a previously tumultuous working environment
Lowe Enterprises, Denver CO2005 to 2006 (1 year agreement) Hired to design and entitle a highly amenitized country club, master planned residential community in Douglas County, Colorado while rolling out a residential operating arm of the companys investment portfolio. Lowe Enterprises is a $7B real estate advisor and developer focusing on office, industrial, retail, mixed-use, resort and residential properties.
Vice President, General Manager (2005 to present) Plan and execute real estate strategies for the design, entitlement, sales, development and construction of a country club master planned community. Challenged to evolve the current residential project into a successful operating arm of the organization diversifying its current portfolio. Held full accountability for all P&L associated with the business functions, design, entitlement, construction, country club management, sales, marketing, budgeting, financing, motivation, staffing and general project management.
Achievements Prepared a community land sale program to merchant builders Prepared preliminary design for a 950 lot community delineating planning areas for differentiated products Designed and value engineered an 18 hole Rees Jones championship golf course and 9 hole par 3 golf course Programmed a country club facility and membership program Created a project Vision for the entry, open space and planning areas Negotiated sales terms with prospective homebuilders Managed all design and engineering aspects of a master planned community
Toll Brothers, Inc., Denver, CO 2004 to 2005 Hired to help grow Toll Brothers presence in the Colorado market. Toll Brothers is the largest US homebuilder of luxury homes with operations in 21 states and over $3.8 billion in annual revenue.
EDWARD J. ZEBROWSKI3/4
Vice President (Division Manager), Colorado Division (2004 to 2005) Plan and execute real estate strategies for site acquisition, feasibility, entitlement, development, sales and construction of all assets in the Colorado market. Challenged to grow the division while focusing on cost control and increasing operating efficiency. Held full accountability for all P&L, business planning functions, operating management, sales, marketing, name recognition, finance and budgeting, goal establishment, motivation, general project management and staffing.
Achievements Increased Divisions Revenue from $10M in FY 2003 to an estimated $65M in FY 2005. Increased Divisions Net Margin by 300% and reduced costs by 5.7%. Oversaw a line item and task review of all product lines and contracts to facilitate cost and cycle time improvements. Worked with project managers and contractors to understand the increase in volume of our division, thereby decreasing costs and obtaining increased crew commitments from the contractors. Opened 6 new communities requiring bidding and contracting of all construction trades. Designed 3 new product lines requiring architectural, estimating and engineering focus. Performed review of plans for value engineering via blueprint review, frame walks as well as weekly inspections. Defined spec lines for new products in the Colorado Division. Evaluated several loft conversion and infill urban housing projects Reduced cycle time by over 10%. Opened 6 new communities increasing sales and construction volume by 7x. Spearheaded a brand name recognition campaign in the Denver market for Toll Brothers. Created a centralized purchasing department. Implemented an automated scheduling system in all active communities to assist in construction efficiency.
LENNAR CORPORATION, Denver, CO 1997 to 2004 Advanced rapidly through a series of increasingly responsible senior management roles based on strategic contributions and demonstrated leadership skill. Lennar Corporation is the second largest US homebuilder with operations in 14 states and over $9.1 billion in annual revenue. Effectively coordinated transition of operations and business culture following acquisition of US Home Corp. Summary of key positions, responsibilities and achievements:
President, Mountain Operations Land Division-Colorado (2000 to 2004) Regional Vice President, Mountain Operations Land Division, US Home Corp. (1998 to 2000) Vice President, Mountain Operations Land Division, US Home Corp. (1997 to 1998) Plan and execute real estate strategies for site acquisition, feasibility, entitlement and development of all land assets in the Colorado market. Challenged to maximize financial return on surplus land inventory, and replace inventory utilized in the sale of finished lots. Held full accountability for all business planning functions, operating management, sales, finance and budgeting, general project management, engineering, contract negotiations, and staffing. Developed and guided land managers in the acquisition of finished lots within cost and scheduling parameters. Controlled P&L and assets generating over $80 million in annual gross revenue.
Achievements Generated $4 million profit through negotiated sale of over $10 million in surplus land inventory. Increased contracts for land acquisition along the Colorado Front Range to 5-year supply for a homebuilding division delivering 1,800 units per year. Oversaw the establishment of over $120 million in public financing for infrastructure improvements. Structured conventional Joint Ventures with builders and developers. Managed procurement of over $30 million in pension fund investments relating to land acquisition. Standardized scheduling, budgeting and project management systems, which reduced unit costs for development items by over $40 million within 1 year. Worked with US senators and congressmen in the remediation of a formerly used defense site, and successfully negotiated reimbursement for site cleanup work performed. Met with several branches of the federal government including senators, congressmen, Department of Army, Corps of Engineers, governors and local officials.
CENTEX HOMES, Denver, CO 1993 to 1997 $3.8 billion Dallas based company specializing in home building and related services.
Forward Planner Purchasing Agent Engaged in the acquisition and development of residential lots for a 400-unit per year building division. Analyzed feasibility of new projects, development of existing communities and entitlements of proposed communities. Submitted project bids, awarded contracts for development and negotiated acceptance of improvements with governing municipalities. Represented company to local agencies and the public to win endorsements. Planned and coordinated house planning programs for new home
construction throughout the Colorado region. Processed purchase requests and prepared bids/product specifications. Interfaced daily with subcontractors and city officials.
EDWARD J. ZEBROWSKI4/4
Achievements Reviewed acquisition of over 2,000 lots and developed/delivered over 1,300 lots. Formalized standard budget and bidding process. Bid out and contracted 3 new subdivisions. Estimated new product line construction costs.
EDUCATION & CREDENTIALS
MBA, Real Estate University of Denver, Denver, CO BSE, Civil & Environmental Engineering University of Michigan, Ann Arbor, MI Licensed Real Estate Broker-Colorado, California Engineer In Training (EIT) Certification Specialized Training Several Continuing Legal and Broker Educational Courses
PROFESSIONAL AFFILIATIONS
American Society of Civil Engineers, Special Education Advisory Committee, Denver Board of Realtors, Desert Area Board of Realtors, Urban Land Institute, Denver Home Builders Association
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