Clint Stefan

Experience

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  Dividend Development Corporation

  Jan 1985 - Jan 1987

  Associate and Special Project Analyst

  - Coordinated the construction, finance and marketing departments in the development of a two-year operational forecast comprised of 20 residential projects, with a total value of $320 million.- Developed and implemented a contract administation system to monitor construction contracts in four regional offices. Reduced contract over-runs by 20%.

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  M & T Properties

  Jan 1987 - Jan 1988

  Senior Investment Analyst

  - Developed the financial basis upon which a partnership with Safeway Stores, Inc. was formed to enhance the value of their $80 million portfolio of surplus real estate.- Prepared operating budgets for three retail centers in excess of 450,000 square feet and reduced operating expenses by 20%.- Reformulated tenant improvement allowance on a 60,000 square foot office building after a cost / benefit analysis. Resulted in a marginal rental return increase of 15%.- Initiated a market analysis of apartment rental rates to support a higher sales value of a surburban apartment property.- Analyzed the ground lease for a downtown San Francisco office property and negotiated a 25% increase in rental payments, due to an increase in the market value of the property. Show less

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  Perini Land & Development Company

  Jan 1988 - Jan 1992

  Acquisitions/Finance Officer

  - Identified commercial properties for acquisition- Oversaw the acquisition and financing process- Projects worked on include the Rincon Center in San Francisco, CA, the Resort at Squaw Creek in Olympic Valley at Lake Tahoe, CA and the Interland Executive Park in Walnut Creek, CA- Identified and evaluated a $38 million commercial office property in Walnut Creek, leading to its acquisition at 52% of replacement cost. Witnin one year, occupancy increased from 75% to 88%, rental rates increased by 10% and the appraised value increased to $43 million.- Targeted competitive lenders, prepared loan request package and commenced loan negotiations in order to obtain a $21.5 million mortgage loan for a 432,000 square foot commercial property in Walnut Creek.- Finalized financial and market analyses resulting in the closing of a $13.5 million construction loan for a 68 lot, single-family subdivision in Tiburon.- Discovered $120,000 in annual savings through an analysis of the master lease to a $63 million sale/leaseback transaction.- Implemented and supervised a cash management system for lot sales in excess of $25 million. Through effective allocation of cash proceeds between loan paydown and construction costs, saved an estimated $250,000 in interest expense. Show less

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  A - M Homes, A Greystone Company

  Jan 1992 - Jan 1993

  Director of Development Analysis

  - Evaluated and structured the acquisition and financing of three residential subdivisions totaling 248 lots, with a gross sales value in excess of $17,000,000. Phased the land acquisition to minimize land carry costs and equity outlay, thereby achieving an estimated 13.2% profit margin.- Coordinated the forward planning, construction and sales and marketing departments to develop the division's operational plan, consisting of 13 residential subdivisions.- Designed an equity allocation system to minimize required equity in a project. Increased average projected return on equity by 15%.- Identified a delining profit trend in a residential project. Through adjustment of pricing and other project variables, demonstrated a potential 40% increase in profit. Show less

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  Stefan Financial

  Jan 1994 - now

  Founder and CEO

  Stefan Financial is an established commercial real estate firm with over 20 years of experience in placing debt and equity for its clients.- Source, structure, and secure financing for multi-family and commercial properties. - Wholesale lending sources include banks and credit unions, life insurance and credit companies, pension funds, and CMBS lenders.