EXPERIENCE AND ACCOMPLISHMENTS
Well established reputation for leadership and innovation based on achievements over 30 years as a real estate developer, work-out specialist, corporate executive, investment banker and consultant. Broad experience in finance, management and development of office, residential, industrial and hospitality products. Successful record of restructuring and repositioning distressed assets, creating excellent lender and investor relations, achieving complex entitlements, obtaining regulatory approvals and creating innovative products.
MAXWELL+Partners LLC, Managing Partner. Miami, Florida
7–1991 to Present
Maxwell+Partners provides development and advisory services to owners, investors, developers, investment bankers and professional firms, including:
Workouts, Problem-Solving, Expert Witness
New Product Development
Evaluation of Real Estate Assets & Operations
Strategic Planning & Positioning
Receivership & Asset Management
Team Development, Regulatory Approvals
Due Diligence & Construction Completion
Financial Planning & Capitalization
- Advisor to Financial Federal Savings and Loan Association, Miami. Managed assets and lead Real Estate & REO Departments, all loan assets, properties and branches. Direct report to CEO and Board. Successfully turned-around and repositioned $250 million portfolio of 27 non-performing office, industrial and retail properties. Aggressively managed, repositioned and marketed properties, increasing occupancy 65% and positive cash flow by 150% in nine months. Restructured defaulted $36 million, 35-property multi-family loan portfolio to performing status. Consolidated and restructured bank operations saving $900,000 in operating costs and $350,000 in staff costs.
- Appointed Managing Member, Pride Homes by Garco, for multi-million dollar dispute resolution.
- Developer of $24 million private gated single-family home community in Miami’s Upper East Side.
- Led acquisition and 2-year redevelopment of $60 million, 525-room oceanfront resort in Montego Bay, Jamaica for Crown Eagle Life of Jamaica. Successfully completed due diligence, acquisition, debt financing, strategic & development planning and project management for $20 million renovation and repositioning.
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Worked-out residential medical facility for Miami health care organization. Restructured project and financing, negotiated successful bond settlement, competed construction, closed new financing and sale.
- Acquired/planned corporate headquarters for Health Choice Network, Inc., national health care organization.
- Redeveloped 35,000 s.f. urban medical office/clinic for regional health care provider Economic Opportunity Family Health Centers, Inc. Provided due diligence, pre-development, design, finance, and project management.
- Asset managed 14-property portfolio of clinical and residential medical facilities. Led repositioning, renovations, developed strategy for dispositions and consolidations optimizing operational efficiency.
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Relocated corporate headquarters for Economic Opportunity Health Centers, Inc. negotiated leases & build-out.
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Real Estate Advisor to CHI Health Services, Inc. to reposition and redevelop clinics.
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Design/Build Manager for fast-track warehouse/distribution addition for Gulfstream Tomato Packers LLC.
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Led successful conversion of a 12-story apartment shell into $25 million, 135-suite Crowne Plaza luxury hotel in Kingston, Jamaica for Eagle Merchant Bank of Jamaica.
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Partner with Crown Eagle Life of Jamaica, founding Realty Investment Advisors, a financing and real estate development services firm. President and CEO. Identified and analyzed opportunities, structured acquisitions, development, and arranged and placed debt financing..
Codina Development Corporation,Vice President. Miami, Florida
5-1989 to 7-1991
Led development, financing, operations, leasing and sales for Beacon Center, a $400 million, 205-acre pioneering office, distribution and retail park for the Codina Group, Benenson Capital & Tisch Family.
Led project visioning, positioned Beacon Center as the regional market leader by innovating a new Distribution product combining Class A office with Class A warehouse enabling front and back office combination.
Achieved full pre-leasing with rental rates 20% above competition.
Positioned project to capture market for Fortune 1000 distribution centers to and from Latin America.
Full P&L responsibility, led development, construction, finance, and investor relations with 10 staff.
Developed $20 million annually in new product and closed $40 million in interim and long-term financing.
Developed 500,000 sq. ft. office and industrial space, sold parcels to Walmart, Sam's Club and Circuit City.
Project won 1989 South Florida Business Journal Best Real Estate Deal and 1991 NAIOP Best Project award.
Michael Maxwell Associates Inc.,President. Miami, Florida 3-1982 to 5-1989
Founded advisory firm to perform due diligence, structured finance and entitlements for clients.
Expert witness in State and Federal Court on land use and zoning cases.
Project Manager for redevelopment of 1955, 400,000 sq. ft. shopping plaza in St Petersburg, Fl.
Advisor & Project Manager to City of Opa-locka for $1.5 million restoration of historic City Hall.
Work-out manager to Miami River Inn restructured & re-capitalized $3 million 45 room specialty hotel.
Consultant to City of Miami developing award-winning concept and plan for the Miami Design District
Advisor to Ocean Forest, Gong Interests, Driscoll Properties for North Key Largo Habitat Conservation Plan. Led strategic planning and complex multi-year entitlement negotiations with local, state & federal governments for 2,000+ acres of environmentally sensitive lands in North Key Largo.
Multi-year litigation support for successful $15 million Burt Harris suit against Monroe County, FL.
Advisor to Driscoll Properties leading complex, multi-year entitlement negotiations with Federal, State and local governments to achieve development approval for the Harbor Course section of Ocean Reef Club.
Won 5 regional & state awards for redevelopment, office development and retail consulting projects.
Key West Harbour Development, Inc. Project Manager for 110 acre, historic, downtown Key West naval base conversion to marina-oriented resort with multi-family residential and retail development.
CE Maguire. Senior Planner real estate development for international consulting & engineering firm. Lead major redevelopment urban mixed-use, multifamily and retail projects in Burlington, Vt. and Key West, Fl.
West Texas Council of Governments, Planning Director for 26 member governmental association. Led planning, finance and project management of urban redevelopment housing and commercial areas in El Paso, Texas
Swenson Corporation, Project Manager / Architect for builder / developer of single-family homes and suburban offices in Austin, Texas.
EDUCATION MP, University of Virginia, Charlottesville, Virginia, 1980. Real Estate Development & City Planning
Raven Society, scholastic achievement and leadership. Urban design studies, Italy
BA, University of Texas, Austin, Texas, 1975. City Planning & Architecture
Intern, National Endowment for the Arts, City of Austin Texas, 1974. Planning Department. Urban Design Universidad de las Americas, Puebla, Mexico, 1974. Spanish Language Studies
PROFESSIONAL AFFILIATIONS AND STANDING Adjunct Professor Nova Southeast University, Miami, Florida Graduate Business School, Real Estate MBA 2007 to present Adjunct Professor Florida International University, Miami, Florida Graduate Business School, Real Estate 1983 to 1985 Urban Land Institute – Full Member. SE Florida/Caribbean District Council Executive Committee, Co-Vice Chair Fall 2008 National Meeting, Miami Greater Miami Urban League – Executive Committee & Chairman of New Urban LLC affordable housing American Institute of Certified Planners (AICP) designation Licensed Real Estate & Mortgage Broker