Real Estate Planning Engineer
Confidential Company
مجموع سنوات الخبرة :16 years, 0 أشهر
Develop feasibility studies for real estate development projects in the Middle East, and presented recommendations to the CEO and top management.
Analyze new development opportunities to determine whether they are consistent with the company's strategy and provide recommendations to management.
Perform project due diligence including market research, financial modelling, sensitivity and risk analysis to ensure the proposed development achieves the company’s target IRR.
Prepare financial models to determine projects profitability and returns, as well as the optimum Debt to Equity ratio to balance high project returns with reduced risk to shareholders.
Liaise with the investment team to guarantee fund availability, and reviewed loan structure and conditions to ensure being in line with funding needs throughout development duration.
Negotiate with the operations team to ensure accurate estimation of development construction costs, maximizing projects’ returns.
Coordinate with external consultants to ensure the best use design for the development, while complying with the pertinent regulations and requirements.
Review and approve monthly Cash Flows of on-going projects, to control expenditures, and determine the variance with the initial feasibility and projected returns, raising flags to concerned departments to avoid budget and schedule overruns.
Performed feasibility study for a $6 million multi-family housing development including market analysis, developing design alternatives, construction budgeting and financial planning.
Evaluated the firm’s real estate portfolio and performed a hold/sell analysis to minimize risk exposure and generate the required equity to fund the proposed development.
Communicated with project's stakeholders such as client, consultant, contractor and government authorities to approve development project plan
Coordinated the construction of 15 district cooling plants of $50 million average contract value resulting in on-time project completion.
Communicated with client, project manager, engineering team, site team, contractor and consultant to solve project problems and ensure smooth project progress.
Presented technical proposals to clients in Saudi Arabia clarifying design process and assumptions, which contributed to signing three $80 million contracts.
Performed market research and analysis to estimate construction costs of district cooling plants in Bahrain and Saudi Arabia, which contributed to signing five $80 million contracts.
Performed subcontractor assessment for construction of five district cooling plants, and submitted technical recommendation reports to management.
Led cross-disciplinary engineering team of diverse backgrounds to review construction plans and specifications to cut costs across 15 projects, saving approximately $30 million.
Attended weekly site meetings to resolve engineering issues arising on site with an impact on project cost and schedule.
Prepared scope of work and preliminary drawings for 10+ district cooling plants after reviewing client’s specifications, which contributed to the award of five projects.
Familiarized the consultant with project scope and schedule for submittal of drawings and specifications.
Reviewed consultant’s tender and construction drawings, specifications, BOQ and design to ensure compliance with the project scope of work and construction budget.
Reviewed contractor’s civil submittals (shop drawings, material submittals, design calculations and method statements) to ensure compliance with project design and specifications.
Structured project deliverables follow up procedure to ensure contractor's submittals are consistent with on-site scheduled activities.
Assisted the estimation team in reviewing architectural and structural claims by contractors, which resulted in reduced payment amount by 30% on average per claim.
Created project closing procedures to ensure contractors' fulfillment of contractual obligations at project completion, reducing project schedule by two months on average.
Prepared feasibility study for the construction of a ten story residential building in Giza.
Prepared schedule for the construction works of the Grand Egyptian Museum.
Estimated costs for the construction of a factory in 10th of Ramadan.
Performed subcontractor assessment for the construction of a major water infrastructure project in Suez.
Supervised substructure construction works of SODIC sales building on Cairo-Alexandria road.
Master of Business Administration (MBA), May 2013 Emphases in Real Estate Development & Finance Member of Real Estate Development Club and Finance Club CFO - Ross Soccer Club and VP of Finance – Health & Fitness Club Champion of 2011 UCLA MBA soccer tournament Internship at Citibank where I performed due diligence on prospective medium and large scale enterprises, and recommended the maximum amount of credit facilities to be granted to these clients.
Graduate Certificate in Real Estate Development, May 2013
Bachelor of Science in Construction Engineering, February 2006 Minor in Business Administration Three Summer Internships in construction management at MAK, CCC and SSH in Kuwait