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HomeMy WebLinkAboutOSPB Resume_Stephen NostrandStephen Nostrand President/COO ONE Commercial Real Estate Stephen is a results -driven executive with 45 years of experience in real estate. He is a client -focused critical thinker and effective leader capable of motivating others to reach beyond their potential. As the third generation in his family to specialize in commercial real estate, Stephen has a diverse background in not only executive Ieadership, but CRE service lines including development consulting, investment sales and leasing brokerage, debt and equity capital markets, project management, strategic planning, asset and property management, receiverships, training and education. Core Competencies • Comprehensive knowledge of commercial real estate • Real estate development • Asset and property management • Inspirational leadership and team building • Strategic planning and opportunity identification and advancement • Budgeting/forecastin aniscal management • Creating and developing relationships • Policy and procedure implementatgt, c� • New business presentation development and execution • Training and educi z'1 ca - 310. Accomplished Executive _ � • Has led brokerage teams that focused on land sales and asset sales for 20 years. The asset sales haviie udediall co property types: office, multi -family, hospitality and industrial r • Steered the operations of real estate firms increasing revenues and profits • Owned, redeveloped and managed real estate assets • Advises family offices and private equity funds on capital preservation and generational wealth building • Earned a place as one of the top leaders in the Colliers International organization through participation and contributions to monthly leadership and development programs, as well as collaboration efforts with CEO counterparts throughout the U.S. • Chosen as a trainer and program developer for the nationwide client engagement initiative to instilled new methods of driving business for brokers and team work techniques for employees. • Featured in the press frequently within key commercial real estate trend stories as a Ieader in the industry. • Develops joint ventures for real estate investment Passionate Educator • Serves as a Professor at the University of Miami. He has taught in the Master's Program for Real Estate Development and Urbanism since 2004. • Chosen as a member of a seven -person training team for Colliers International, traveling around the country conducting programs for brokers and managers focusing on winning more business, using collaboration to uncover opportunities, and tools and techniques to increase individual brokers' revenue. Stephen has conducted specialized training for real estate professionals who have been in the business their whole lives and those who are just entering the field. Subjects include time management, identification of qualified prospects, the benefits and techniques for successful teaming and collaboration, enhancing communic:atiun skills and how to distinguish yourself from the competition. PROFESSIONAL EXPERIENCE ONE Commercial Real Estate (ONE Commercial, LLC) ONE Commercial was founded by Daniel de la Vega, the President of ONE Sotheby's International Realty -one of the largest residential real estate companies in Florida. ONE Sotheby's has 850 agents in South Florida in 11 offices. 1111 rti r, r rn 741 Florida President/COO June 2017- Responsible for strategically leading operations, departments and platforms • Managing broker activities, training and client relations • Integrating ONE Sotheby's referral opportunities into the ONE Commercial platform locally and globally • Executing new broker opportunities into the Company • Expanding the operations to meet the needs of clients throughout Florida and key US markets • Building the brand and expanding the market NAI Miami South Florida NAI Miami is a part of NAI Global, the largest world-wide commercial real estate organization of owner -operated real estate service companies with 350 offices around the world. NAI Miami offers comprehensive commercial real estate advisory services for owners, occupiers and developers throughout South Florida. Mr. Nostrand joined after assisting in the acquisition of Colliers International South Florida by Avison Young. CEO/COO April 2015-April 2017 Responsible for strategically leading all operations, departments and platforms including: brokerage, asset and property management, human resources, receiverships, capital markets, recruitment, analysis and consulting. • Managed all operations and departments-30 brokers and 20 employees • Designed, and delivered training and education for brokers and employees • Recruited new brokers. • Developed new policies and procedures for information dissemination. • Established a department -head cabinet that resulted in better communications and decision -making. • Streamlined the interaction between marketing and the brokers for better efficiency and production. • Built a "bottom up" collaborative and sharing culture. Avison Young -Florida Miami, Fort Lauderdale and West Palm Beach, FL Avison Young -Florida acquired Colliers International South Florida in December 2014 Senior Vice President -Operations and Administration December 2014-April 2015 • Responsible for transition issues and special projects. Colliers International South Florida Miami, Fort Lauderdale and West Palm Beach, FL Colliers International in the South Florida region was a "partner" office, owned by local shareholders with approximately 70 professionals, including 36 brokers. They purchased the right to license the Colliers International brand in 2009 and operated the company until December 2014 when they were acquired by Avison Young. Colliers International is the third largest global commercial real estate service company with 450 offices around the world. CEO / Managing Director September 2005 — December 2014 • Joined the company as EVP, earning the title of Colliers International South Florida Broker of the Year in 2008 and in the Top Ten Brokers in Florida that same year. Held the position of Managing Director for two years and was the CEO/COO from 2010 through 2014. • Responsibilities included: strategically leading the company and all its business operations and platforms, including brokerage, property management, human resources, receivership, recruitment, analysis and consulting, project management and overseeing all personnel of the company. Broker of Record for the Company and responsible for all Compliance. • Built the asset and property management department through recruitment, streamlined procedures and client - directed services. The portfolio included all asset classes for both institutional and private owners. • Revenues for 2014 increased 22% increase year -over -year with a margin north of 16%, the best in the company's history. Revenues for 2013 were 25% better than the year prior. Total transaction value for 2014 exceeded $600,000,000. • Implemented new human resource policies that simplified and clarified important requirements and procedures. Codina Realty Services Miami, FL Codina Group, the parent company, was the leading Florida development company founded by Armando Codina in 1980. In 2005, the company was purchased by Florida East Coast Industries (NYSE: FECI) then portions of the company were taken private under the leadership of Fortress Investment Group. Stephen was at Codina for nine years and left right after the acquisition by FECI. Director Investment Banking August 1997 —September 2005 • Led capital markets efforts for debt and equity. • Successfully completed transactions valued at over $200 million in office, hotel and land transactions. • Advised clients on acquisitions, dispositions and asset management. • Managed two client -directed entitlement efforts for both land use amendments and zoning changes resulting in two separate approved development programs for mixed -use projects. • Provide project management services to three major clients. One for the renovation of an office building and the other two for land and urban planning for large mixed -use developments. Responsibilities included retaining and managing a professional team for planning and entitlement. Two of those projects required a two-year process. Diversified Financial Management, Inc. (DFM) Hospitality Finance Company (HFC)/Nostrand Partners, Miami, FL DFM was a Registered Investment Advisor (RIA) under the regulations of the Securities and Exchange Commission. The company began at the request of several friends who desired management and advice for their real estate portfolios. Strategic plans were devised for client's real estate assets and we oversaw the acquisition, management and sales of those assets. That emerged into an asset management company that was a "fee for service" only discretionary investment company. This was not a brokerage company or Broker/Dealer that derived revenues from transactions. The company grew from literally no assets to approximately $100,000,000 under management. Simultaneously, HF, anlostrand Partners conducted real estate capital markets transactions for separate clients. Owner/Chairman and President et September 199 -Aug1 1997 • Start-up Company. Recruited the president of the Bank of New York, South Florida as the Dire' of hirestrpcill Servicesnze .�. • Built the assets under management along with the investment team from nothing to $100,000,00111-t1 • The company successfully delivered above standard returns to clients 'n r 3 • Ran the other two companies simultaneously successfully completing transactions valued at $100,Q O,@LI i in the commercial real estate capital markets. That included a combination of sales and financing. '"t • Personally advised high net worth clients on commercial real estate investments as an alternative for portfolio diversification and provided the asset management of those properties. This included reviewing and negotiating lease for properties around the world and developing written strategies and tactics for maximizing value. Family Experience Stephen's father was a leader in the commercial real estate field in New York City for 60 years. During those years, he worked for Cross and Brown Company starting in the mail room and becoming Chairman of the Board for the last 20 years of his life from 1968-1988. Cross and Brown was known as one of the largest companies in New York City, but and one of the leaders in high profile institutional transactions. Stephen worked at Cross Brown in each of the departments of property management, capital markets, leasing, investment sales and project management. Stephen's brother, Robert, has been an owner, investor and operator of retail portfolios for the past 20 years in Denver, Colorado with over 2 million square feet of assets. Stephen has worked alongside his brother advising on acquisitions, dispositions, valuation and management. Banking Experience Stephen served as a Director for Gulf Bank of Miami for 10 years from 1994-2004 when the bank was sold. Gulf was a small Florida community bank with maximum assets of $120 million. He chaired the credit committee. During a leave of absence for the bank chairman, Stephen was asked by the regulators to oversee bank operations for a period of about one year prior to the sale. EDUCATION University of Denver Bachelor of Science in Business Administration, University of Denver COMMUNITY Mr. Nostrand has been the Finance Chair and Board Member of the Miami Parking Authority since 2007. He also was one of the founders of the Greater Miami Convention and Visitor's Bureau.