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1. HOA Management Services, Los Gatos

Direct management of common interest developments valued at $65 million
PUD’s range from 15 units to 101 units
Extensive operating and reserve budget involvement
Emphasis on clear and understandable reporting
Frequent “on-site” presence and owner communication
• No trust accounts – PUD retains control over all funds

2. Prune Yard Office Towers, Campbell

Renovated 200,000 sf occupied multi-tenant office buildings
Managed extensive asbestos issues
Resolved tenant revolt without lawyers
Very successful re-positioning of older buildings

3. Bay Park Plaza, San Mateo

Managed deed in-lieu 140,000 sf office building
Collected seven figure back rent without court action
Immediately aligned costs with revenues
Obtained release of BCDC development constraints
Renegotiated operating expense recovery clause with each tenant

4. Golden Bear Center, Berkeley

Set up receivership for 160,000 sf office building
Created management operation from scratch - no records
Resolved value crippling issues with city officials
Leased space with no TI money available

5. Seafirst Bank, Seattle

Led due diligence on a 4.5 million sf portfolio located in WA, OR, ID & Alaska.
Established cost reduction practices for 500 branch properties
Prioritized capital improvement needs for acquired real estate
Worked well in adversarial and litigious "take over" environment

 

 

Copyright 2001 CHARLES H. BONNO | Site Credits