J. R. SMITHERMAN

• Established strategic initiative to capture unrealized value in REIT through highest-and-best alternative-use transactions
• Facilitated $150 million of asset dispositions at accretive EBITDA multiples
• Managed due diligence process for each deal, including arranging data rooms
• Negotiated letters of intent, purchase and sale agreements, and easements with relevant parties
• Collaborated with national network of commercial real estate brokers to identify potential transaction opportunities
• Maintained $500 million break-fix/capital projects database for all owned assets

• Researched and analyzed prospective markets to determine strategic locations for new hotel development
• Performed feasibility studies and financial analyses to determine market potential, then authored executive summaries to present to senior management
• Managed active pipeline of new hotel locations across US with geodata mapping
• Underwrote $225 million of new hospitality real estate developments, inclusive of construction budgets, financial projections, and return analyses
• Assisted in disposition of $178 million of hospitality real estate assets
• Routinely created and managed intricate financial models to analyze investment opportunities

• Used databases, such as MLS (Multiple Listing Service), to find properties that match buyer’s criteria
• Facilitated property tours, site visits, and open-houses
• Researched records and real estate statistics for surrounding area to create competitive market analysis
• Recruited new clients by managing social media platforms and marketing available listings
• Sold 10 real estate properties owned by others while managing being full-time student

Graduated Summa Cum Laude, Selected to participate in the "Student-Managed Real Estate Investment Fund" where we were responsible for managing and investing $100,000+ of capital in various commercial real estate projects, including multifamily, industrial, and retail sectors