Corporate Real Estate Executive – Increasing Bottom-Line Profitability

Marshall Rice – Residential/Commercial Real Estate Broker 1533 N. Fairfax Ave.Los Angeles, Ca. 90046714-315-5292 Mobilemarsh.rice@yahoo.com

Career Experience:

Dorman Real Estate Investment Company, Garden Grove, Ca.1980-2000

Vice President and Equity Owner for a Private Investment Firm that researched, purchased, renovated, managed, resold Single Family Homes and Multi-Family Foreclosures in 5 Southern California Counties. All properties were purchased at the Court House steps, and bought for cash. Volume exceeded $23M per year. Responsible for all company operations. Management of 50 direct employees and supervision of 175 outside Real Estate Brokers and Agents, as well as 200 plus owned properties.

Major responsibilities included title and lien research, property tax redemptions, IRS liens, State tax liens, market comparable evaluations, competition, bidding at the auctions, unlawful detainer actions, court appearances, tenant negotiations, cash for keys, Marshal evictions, rent control, property security, renovations (some very extensive), vendor relationships, marketing and managing inventory, recruiting and management of Brokers, leasing, listing and selling all assets, purchase and sale negotiations, escrows and closings and most importantly reviewed monthly and annual financial reports.

Independent Broker – Coldwell Banker Residential – CP Platinum Properties,Tustin, Ca. and Irvine, Ca.2000 – 2009

Certified Residential/Commercial Real Estate Broker specializing in Los Angeles, Orange, Riverside and San Bernardino counties.Emphasis directed towards Residential, Multi-family and Commercial Assets and sales of distressed short sale properties. Consulted major corporations regarding the process

of buying foreclosures and managing procedures for success. Developed company strategies for major foreclosure purchases throughout Southern California counties. Worked three solid years in Hotel acquisitions exclusively, negotiating assets from California to New York. Recruited and trained commercial agents while working as the Commercial Managing Broker for CP Platinum Properties in Irvine.

Continental Assets Management, Arcadia. Ca.2011 – June 2015 General Asset Property Manager and Acquisition Manager.Private Apartment and Hotel Investor/Management Company General Property Asset Manager, in charge of overseeing affordable housing consisting of 800 + Apartment units in Southern California and Hawaii. Interview, hire and discharge all company employees and onsite Apartment Managers and Maintenance Supervisors. Liaison between CEO and Legal counsel regarding Labor Laws and implementing complete compliance company wide. Responsible for onsite ADA compliance for all properties. Apartment Management compliance and reporting Directly responsible for all major renovations for all properties. In charge of property maintenance personnel and onsite apartment managers.

Searching Residential, Multi-Family, Land for Development, Retail Centers, NPN’s, Distressed Properties, Value Add Investments,Hotel Opportunities and Affordable Housing Projects. Negotiate all Opportunities and Complete all Due Diligence. Research Foreclosure and REO Opportunities in Southern and NorthernCalifornia and Hawaii.

Acquisitions include:

Hundreds of Single Family Homes for FutureDevelopment, REO 40,000 SF Shopping Center in Riverside County, Interest in a 100,000 square foot Denver Office Building, Acquired a partial Interest in a $10 Million Shopping Center in San Diego,Purchased a NPN Secured against a Tarzana Shopping Center,1031 Transactions involving Multiple Multi-Family Buildings in San Diego, Purchased over $20M in Transactions per year. Disposition of HawaiianApartment Buildings, Disposition of a Portfolio of Hawaiian Hotel Units,

Most Assets purchased were REO, Distressed and Value Add Residential and Multifamily Properties.

Interview, hire and discharge all Sales Personnel, onsite Apartment Managers and Maintenance Supervisors. Direct and manage all Major Renovations for all properties. In charge of all Retail Property Renovations, Maintenance and Lease Negotiations. Responsible for the entitlements for a 100 room Marriott Residence Inn and a 100 room Fairfield Inn and Suites. City Council has approved.Responsible for reviewing and negotiating Marriott Hotel Franchise Long Term Management Agreements. Attend City Council Meetings and Hearings for City Approvals and Entitlements. Negotiate reductions in Hotel TOT tax and other incentives for the Developer’s benefit. Negotiated Development Agreement with the City Manager and City Council.

Total Value of the Hotel Properties and Development Projects is $150,000,000 under management. In addition, the apartment buildings under Direct management is $100,000,000.

Professional ProfileAccomplished executive with a proven ability to motivate, develop and promote real estate strategies that support Business and Financial goals and objectives. Recognized as a specialist in applying knowledge and concepts to Sales and Asset Management decisions. Experience in researching, purchasing, renovating and selling over 1,000 investment properties in 30 years, surfaces a respected leader to build highly motivated Sales Teams focused on achieving stated company goals.

Areas of ExpertiseMulti-family ManagementReal Estate Broker and Agent RecruitingHigh Volume and High Dollar NegotiationsStrategic and Tactical PlanningMulti-Million Dollar Operating and Capital Budget AdministrationAnalytical and Financial SkillsStatistical and Financial AnalysesKnowledgeable in Capital Markets for Acquisition and Refinance

Memberships and Affiliations Member in Good Standing - California Real Estate Broker’s License Member in Good Standing - California B-1 General Contracting License Member in Good Standing - Beverly Hills Association of Realtors, CLAW MLS, NAR, CAR, E & O Insurance

EducationBA in Management and Marketing and an MBA from California State University in San Bernardino, California.