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Bio

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Rhonda Mccullough is a seasoned commercial real estate professional with over 20 years of experience in lease administration, property management, and asset management. She has a strong background in budgeting, auditing, and management, with expertise in lease administration, real estate, and accounts receivable. Rhonda has worked with prominent companies such as CBRE, Jones Lang LaSalle, and the Federal Deposit Insurance Corporation.

Experience

    • Sr. Manager Real Estate Administration
      • Jul 2011 - Present

       Over twenty (20) years of commercial real estate experience in Office, Industrial, Telecom, Retail and Lease Administration & Property Management.KEY ACCOMPLISHMENTS Realize $500K in cost savings/avoidance annually based on lease management, invoice review and account reconciliation  Successfully transitioned a portfolio of over 1,000 leases in a 4-month period Successfully transitioned international portfolios consisting of 1,029 leased properties totaling 32.5M sf Facilitated mass Repositioning and sale of over 600 leases and 1000 owned properties located in multiple states Manage the completion of 250+ transactions domestically and globally on an annual basis • Recommend and initiate procedural enhancements for real estate administration processes to efficiently and effectively service client. Processes are implemented globally to maintain consistency.• Function as single POC with field personnel regarding critical dates, real estate policies and procedures to ensure good judgement and logic in responding to leased property inquiries • Act as liaison with Transaction Management team and various other departments to collectively respond to client regarding portfolio questions.• Effectively communicate with all levels of management to cultivate relationships.• Create and generate standardized reports to utilize in data management and budgeting.

    • Manager Real Estate Administration
      • Dec 2001 - Jun 2011

      Respond to Request for Proposal's submitted by client for additional business.Oversee the management and reconciliation of a $90m annual budget.Maintain a portfolio of 1,700 leases and 6,000 owned properties for a telecommunications client.Supervise and trained a staff of 6 peopleIdentify potential lease savings to client by reviewing CAM & R/E Tax reconciliations, preparation of invoices and ensuring deadlines are met.Complete UAT testing on behalf of client for potential new dbase for Asset Management.Maintain and monitor database input to ensure data integrity.Recommend and initiate procedural enhancements for real estate administration process manual to more efficiently and effectively service client.Rhonda McCullough Page 2Act as liaison for various departments and Lease Administration regarding client/portfolio questions.Evaluate and format report requests, assist in designing report specifications and evaluate report outcome.Collaborate with Transaction Management team to collectively respond to clients real estate needs and provide high quality client service.

    • Sr. Real Estate Administrator/Real Estate Administrator
      • Jan 1997 - Nov 2001

    • Real Estate Administrator/Sr. Real Estate Administrator
      • Jan 1997 - Nov 2001

      Reviewed and abstract leases - processes and maintains all pertinent data in the dbase system.Proactively monitored critical dates for each property (e.g. expirations and options).Reconciled and processed all property invoices for rent, operating expenses and CPI adjustments.Effectively managed and reconciled a $90m annual budget on a monthly basis.Conducted desktop audits on all operating expenses reconciliations, comparing prior years and BOMA averages and researches any unusual variances.Facilitated the processing, submitting and executing of required real estate documents, including but not limited to estoppels, subordination, non-disturbance and atonement agreements, assignments, insurance certificates, lease renewals and termination notifications.Administered sublease by reviewing the subleases for pertinent information, invoicing the subtenants, collecting sublease income, forwarding sublease income to accounts receivable.Maintained ongoing communication with clients via verbal updates and reports.Generated and developed standard ad hoc reports utilizing the client's real estate database.

    • Liquidation Technician
      • Aug 1990 - Jan 1997

      Assisted in efficiently managing a $459m portfolio of commercial, residential and land assets to maximize recovery at conveyance.Acted as a liaison by evaluating and monitoring the performance of contracted property management vendors in reporting monthly operating cost for compliance with established management guidelines and to ensure effective management of owned real estate.Designed customized reports by extracting information from internal and external sources for Senior Management on the performance of income producing properties.Analyzed and reconciled reported income/expense reports and annual budgets to ensure compliance with approved expenditures.Evaluated recurring expenses to predict a discernable pattern and minimize holding costs when possible. Maintained and input information in the database.Traveled as needed to lend technical expertise and to assist in completion of computerized information exchanges and system updates. Trained assigned staff as needed to ensure competency of all departmental personnel.Position required extensive knowledge of accounting practices and principles, comprehensive knowledge of property management and an ability to coordinate simultaneous activities.

Education

  • 2013 - 2014
    Real Estate License
  • 1984 - 1988
    Bonham High School

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Industry Focus. “Commercial Real Estate”

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