Lucas Kristen

Lucas Kristen

Owner | Founder

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location of Lucas KristenChicago, Illinois, United States

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  • Timeline

  • About me

    ENTREPRENEUR | REAL ESTATE - SALES, DEVELOPMENT & ASSET MANAGEMENT

  • Education

    • Dominican University

      -
      Bachelor of Arts, Business Administration, Minor- Economics/ Management and Marketing
  • Experience

    • Great Lakes Realty Central Inc.

      Jan 2004 - now
      Owner | Founder

      Leads effective strategies to attract and evolve the business. Champions the full scope of negotiations and transactions with clients and investors. Discovers varied resources to drive project and construction financing. Awards contracts to diversified trades subcontractors to design and deploy mutually beneficial agreements, reduce construction costs, and meet projections to maximize ROI.• Established and expanded a real estate company focused on residential clientele into a successful firm providing residential and commercial development and management services.• Led effective strategies to attract business and championed negotiations and transactions with clients and investors.• Acquisition and redevelopment of three midrise buildings on a 6-acre site, optimizing existing condominium association infrastructure systems.• Established an on-site property management office with leasing, property management, accounting, and maintenance teams, stabilizing properties to full leasing capacity.• Ongoing management of residential and commercial real estate.• Achieved $5.2M in sales and $1.2M in net profits over two years.• Conducted meetings with architects, tenants, city, and community representatives to ensure the best project outcomes for all stakeholders.• Initiated and monitored baseline budgets and schedules, ensuring compliance with plans and City of Chicago building codes.• Orchestrated site visits, project meetings, and managed teams of general contractors for significant renovation projects. Show less

    • Start Rehab Inc.

      Jan 2005 - Dec 2009
      Acquisitions and Management of REO Properties

      Optimized capabilities regarding research, inspections, valuations, and purchase of bank foreclosed assets. Fought court litigations, negotiations, and Judicial Approval of Sales. • Optimized capabilities regarding research, inspections, valuations, and purchase of bank foreclosed assets.• Successfully managed an annual portfolio of 120+ assets.• Liaised between the company's principal, architects, and City's project managers while navigating assets between rehab vendors, builders, and single rehabbers Show less

  • Licenses & Certifications

    • Real Estate Managing Broker - Florida

      Florida Department of Business and Professional Regulation
    • Real Estate Managing Broker - Illinois

      Illinois Department of Financial and Professional Regulation
      Jan 2004