Penn Bloxsom
Commercial Real Estate Broker
Austin,TX
Summary
Vice President with strong analytical skills in market analysis and proven expertise in East and South Austin sub-markets. Demonstrated ability to manage transactions and enhance investment strategies effectively. Committed to leveraging leadership experience to achieve success in dynamic environments.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Vice President
Asterra Properties
Austin, TX
03.2023 - Current
- Performed basic underwriting, evaluation, and broker opinions of value for investment sales and leasing assignments.
- Executed transactions from contract through closing, ensuring all due diligence.
- Coordinated 1031 exchange transactions to enhance client investment strategies.
- Advised clients on acquisition and disposition as lead agent.
- Oversaw marketing efforts across CoStar, LoopNet, and Crexi platforms.
- Mentored associate brokers to promote professional growth and enhance performance.
- Drafted and negotiated LOIs, PSAs, and lease agreements to facilitate transactions.
- Facilitated property showings and client meetings to discuss real estate options.
- Developed marketing materials for property listings using online platforms.
- Negotiated lease agreements and sales contracts on behalf of clients.
- Coordinated with lenders, inspectors, and appraisers throughout transactions.
- Conducted thorough property research to identify potential investment opportunities.
- Maintained strong relationships with clients through regular communication and follow-ups.
- Provided expert advice on zoning laws and real estate regulations to clients.
- Negotiated contracts and coordinated with lenders, attorneys, and inspectors.
- Cold-called clients to obtain exclusives.
- Generated list offor-sale properties.
- Counseled new buyers to enhance sales opportunities.
- Provided advice regarding property values, taxes, financing options, and legal regulations.
- Maintained accurate records of transactions in a customer relationship management system.
Senior Associate
Asterra Properties
Austin, TX
01.2023 - 08.2024
- Coordinated Buyer/Tenant communications and scheduled maintenance property tours.
- Developed marketing strategies to promote available properties through multiple MLS databases.
- Supported lease negotiations by preparing necessary documentation and reports.
- Analyzed data and created reports for clients and senior agents.
- Negotiated commercial leases for retail and office spaces across central Texas submarkets.
- Conducted market research to identify emerging trends in commercial real estate.
- Collaborated with clients to effectively understand needs and preferences.
- Facilitated property viewings, providing detailed insights to prospective tenants and buyers.
- Managed relationships with local businesses, investors, and real estate professionals actively.
- Managed multiple projects simultaneously while meeting deadlines.
- Maintained relationships with existing clients while actively seeking new business opportunities.
- Advised clients on market trends, pricing, and zoning requirements.
- Performed due diligence activities.
- Guided buyers and sellers on the acquisition or disposition of properties.
- Collaborated with legal counsel to ensure compliance with real estate regulations.
- Negotiated lease terms for commercial tenants.
- Pitched meetings with potential investors, users, and sellers to discuss investment opportunities.
- Assisted clients in obtaining financing for their real estate investments.
- Coordinated inspections of buildings by relevant parties before purchase or lease.
- Analyzed financial data such as income statements, P&L's, and balance sheets for existing properties and businesses.
- Reviewed contracts before closing transactions.
- Researched competition and identified new business opportunities.
- Maintained awareness of income tax regulations, building and tax laws and growth possibilities of property areas.
Associate
Asterra Properties
AUSTIN, TX
09.2020 - 01.2022
- Collaborated with team to manage property listings and client inquiries.
- Facilitated property tours for clients to highlight key features and benefits.
- Conducted market research to identify potential investment opportunities and trends.
- Developed comprehensive marketing materials to promote available properties effectively.
- Cold called clients to obtain exclusives.
- Generated lists of for-sale properties.
- Gathered, distributed and maintained materials for marketing plans.
- Reviewed sales strategies and marketing plans to optimize strategies and enhance results.
- Managed multiple listings at once while prioritizing tasks accordingly.
- Coordinated inspections by appraisers, contractors and other professionals as needed.
- Assisted in the preparation of marketing materials such as brochures, flyers and websites to promote properties for sale or rent.
- Monitored tenant compliance with terms outlined in leases.
- Performed due diligence activities including title searches, zoning research, and environmental assessments, before closing a deal.
- Communicated with clients to determine property needs and budget constraints.
- Developed and presented purchase offers to sellers for consideration.
- Facilitated closing processes between lender, mortgage companies, buyers and sellers.
- Tracked weekly sales to develop senior leadership reports for corrective action planning.
Property Manager
Asterra Properties
Austin, TX
03.2020 - 08.2020
- Coordinated property maintenance and repairs with contractors and service providers.
- Conducted property inspections to maintain standards and assess conditions.
- Maintained accurate records of tenant occupancy and financial transactions.
- Led team meetings to discuss property management challenges and solutions.
- Resolved tenant complaints quickly and effectively while ensuring customer satisfaction.
- Inspected properties regularly to identify deficiencies and schedule repairs.
- Maintained accurate records of financial transactions including rent collections, security deposits, and other income sources.
- Collected monthly assessments, rental fees, deposits and payments.
- Assessed rental applications, conducted background checks, and approved or denied prospective tenants based on established criteria.
- Managed all maintenance requests from tenants in a timely manner.
- Issued non-payment notices to delinquent tenants in accordance with lease, county and state regulations.
- Ensured that all rent payments were collected on time by following up with delinquent tenants.
- Facilitated tenant paperwork processing and verification.
- Coordinated with maintenance and contractors to promote timely turnovers after move-outs.
- Coordinated with vendors for the procurement of services such as repairs, renovations,improvements, and landscaping.
- Built relationships with service vendors and submitted associated billing statements.
- Implemented cost-cutting measures where appropriate in order to reduce overhead costs without compromising quality standards.
- Planned, scheduled and coordinated general maintenance or repairs for commercial or residential properties.
Landman
Southern Star Exploration
Houston, Texas
05.2013 - 01.2018
- Negotiated land leases and agreements with property owners for exploration and development.
- Prepared comprehensive reports on land title and ownership issues.
- Managed documentation for efficient land acquisition processes.
- Assessed historical records, maps, and topographical data during survey operations.
- Maintained an organized filing system for mineral rights and property transaction records.
- Analyzed legal descriptions of tracts to confirm boundaries, acreage, and title information.
- Collaborated with geologists and engineers on projects requiring subsurface knowledge.
- Drafted compliant lease agreements per company policies while ensuring legal adherence.
- Negociated Right-of-Way pipeline easements with surface owners.
Education
Bachelor of Arts - English Literature
Brevard College
Brevard, NC05-2013
Skills
- Market analysis
- Due diligence
- Transaction management
- Client advisory
- Lease negotiation
- Business development
- Leadership skills
- Sales and marketing leadership
- Critical thinking
- Contract negotiation
- Real estate valuation
- Financial modeling
- Client relationship management
- Investment analysis
- Transaction coordination
- Portfolio management
- Marketing strategy
- Effective communication
- Problem solving
- Time management
- Acquisition planning
- Deal structuring
- Debt financing
- Zoning regulations
- Contract preparation
- Investment strategy
- Landlord representation
- Property management
- Site selection
- Asset management
- Tenant representation
- Sales prospecting
- Development consulting
- Real estate auctions
- Lead generation
- Real estate broker licensed in Texas
- Feasibility studies
- Market monitoring
- Risk assessment
- Negotiation strategies
- Underwriting calculations
- Relationship building
- Trend analysis
Certification
Texas Real Estate Licnese
Affiliations
-Golf
-Surfing,
-Rock Climbing,
-Baseball,
-Home improvement projects,
-Volunteering for various local non-profits such as Mission Possible, Mobile -Loaves and Fishes, Simms Foundation, SXSW.
-Surfing,
-Rock Climbing,
-Baseball,
-Home improvement projects,
-Volunteering for various local non-profits such as Mission Possible, Mobile -Loaves and Fishes, Simms Foundation, SXSW.
Timeline
Vice President
Asterra Properties
03.2023 - Current
Senior Associate
Asterra Properties
01.2023 - 08.2024
Associate
Asterra Properties
09.2020 - 01.2022
Property Manager
Asterra Properties
03.2020 - 08.2020
Landman
Southern Star Exploration
05.2013 - 01.2018
Bachelor of Arts - English Literature
Brevard College