Bernice Butler

Biography: March 2003 BERNICE BONITA BUTLER Director Real Estate Development & Development Finance Projects Collins Center For Public Policy (o)305/377-4484x18 (c)305/761-8815 (F)305/377-4485 Email [email protected] OBJECTIVE: Execution of real estate development activities, consulting, product and project development including equity investments, structuring/restructuring real estate project concepts, financials and project management. EXPERTISE: · Strategy development-Project evaluation, identify objectives and determine most effective method(s) to achieve project objectives and execute owner/investment group goals. § Development and implementation of short-term strategic plans to guide multi-partner real estate development projects from conceptual stage to predevelopment phase § Search for and identify opportunity to access most effective financing sources, including public financing and private equity § Lobby for pertinent legislative, entitlement, and funding agendas · Project Management - Assess resource needs, assemble appropriately qualified team and coordinate and lead team to successful completion of real estate development projects and investment product development in timely manner. Structure and administer mulitiple-source real estate project financing. · Business development/Site Selection - Project/program development -Identify successful real estate development projects/sites and develop concepts to point of financing ,buy-out or build-out. § Communicate project concepts to potential financiers and potential partners and assist in execution for partners, investors, lending institutions and public financing sources § Organize and structure new organizational entities and lines of business related to real estate development, financing and investment management CREDENTIALS: Chief Executive: Austin Revitalization Authority Start-up of $150 million in redevelopment projects for private redevelopment organization, including finance administration and project management of infrastructure improvements; creating appropriate real estate project financing structures, negotiating Joint Development Agreements, acquisition and disposition of properties; wrote and guided enactment of Historic revitalization revisions to City's land development code; leading teams of Attorneys, Consultants, Architects, and financial advisors. DEEDCO - Miami FL Initiated and guided company in development of $60 million in real estate development projects over 5-year period, including two shopping centers and over 1000 units of housing; and successful negotiation of one first investments by Fannie Mae's American Communities Fund. REMBIS - Miami, FL Licensed General Contractor and Architectural Services licensed company provided construction and construction -related services management, as well as developing and managing real estate projects from proposal stage all the way thru construction completion and lease-up or sale. Owner, Bernice Butler, MBA Consulting - Dallas, TX Provided compliance and regulatory consulting for banks and savings and loan institutions; Wrote and implemented Strategic Action Plans & Marketing plans for financial institutions. Specialized in Community Reinvestment Act (CRA) counseling; Lobbyist for Banks and Savings & Loans Representatives in Texas State legislature and in Washington, D.C. Financial Products Management: Collins Center - South Florida · Developed company buy-in and managed feasibility determination and successful Fund manager search for creation and capitalization of Urban Initiatives Fund - blind pool realm estate equity fund. · Developed and secured initial capitalization for unique Land Trust - "South Florida Smart Growth Land Trust", and completed initial acquisitions of 2 million worth of vacant land in Miami's hot urban core market. Financial Consultant, Merrill, Lynch, Pierce, Fenner & Smith - Jacksonville, FL Developed and managed financial portfolios and client investment strategies for over 250 clients with over 350 million in assets; Tax shelter products coordinator for 50-person group of Financial Consultants. Project Management: Collins Center - South F lorida · Identify and design project concept, assemble development team including master developer and assist with financial packaging, entitlements, and all other project management activities to develop three large-scale mixed-use, mixed-income developments, one each in Broward and Palm Beach counties, and in Park West area of Miami. · Lead Collins Center Growth Partnership Initiative, including research, development of project concepts, execution, and capitalization for Overtown Civic Partnership and Design Center and oversight of Center staff and activities. Community Development Program Management - Ft. Lauderdale Managed over $10 Million in housing, public works, public facilities, community development and capital improvement projects. Initiated first revolving Business loan program and developed proposal for City of Ft. Lauderdale first SHIP- housing trust fund program. Project Director Community Development program - Jacksonville Fla. -Developed and implemented special projects funded by Federal, state and local funds. Negotiated and administered service and construction contracts. Developed, executed and monitored implementation of specific projects for $12 million budget. Director of Housing Assistance Programs - Chief Executive of Affordable housing assistance programs; developing and managing $11 million annual budget for subsidized rental housing program. Developed and implemented the City's first Multifamily Housing Rehabilitation financing Program. Management Coordinator - for large inner-city housing complex. Assisted in development and implementation of extremely successful National demonstration project at large inner-city multifamily housing program that improved operating performance by 40% -model is now the standard for current practice in affordable housing management; managed demolition of 400 units and rehabilitation and re-configuration of 50 acre public housing complex. National Assn. Of Redevelopment Officials - trained Housing, Community Development professionals and elected and public officials on management development, Assisted Housing program management and HUD housing quality standards. EDUCATION: MBA, University of North Florida - Mgt. And Finance BBA, University of Texas - Acctg. Bernice Butler's Real Estate Development Project Portfolio Includes: Commercial Projects Brownsville Station Shopping Center ~ 30,000 sf shopping center in Liberty City in Miami, Fla. Goulds Shopping Plaza - 20,000 sf. Shopping center on U. S. 1 in south Miami Dade County, Fla. Mixed Use Development Olympia Building ~ historic rehab of retail and multi-family rental housing mixed use project in downtown Miami East 11th Street redevelopment ~ 90,000 sf retail and 26 Townhouses in historic district Housing Development Old Cutler Homes ~25 new single family residences in south Miami Dade County DEEDCO Gardens ~ 78 unit multi-family new construction for elderly in Homestead, Fla. Goulds Housing Venture ~112 new single family homes in south Miami Dade County Center Court Apartments ~ 589 units multi- family rehabilitation Rehab Housing ~ acquisition, rehabilitation, and resale of 50 abandoned or foreclosed properties in Miami Dade County River Oaks ~ 132 units of multi-family housing in Florida City, Fla. Villa Hermosa ~ 76 units new construction in west Miami Dade County Consulting Projects Georgetown Place ~ 182 units Low Income Housing Tax Credit project in Georgetown, TX Villas of Cordoba ~ 200 units Low Income Housing Tax Credit project in Austin, TX Joint Development as Managing Director - South Florida Smart Growth Land Trust Overtown/LyricVillage demonstration ~ proposed mixed use, mixed income project to include 1000 residential units, 100,000 sf institutional space and approx. 200,000 sf retail and office #0303