PROFILE

Focused on adding value through the strategic
acquisition, entitlement, management, positioning and disposition of real
estate.  Passionate about real estate
investments and the land development and homebuilding industry.  Can efficiently identify issues and other
roadblocks and creatively find favorable solutions to a multitude of real
estate problems.   Thirty years of land
development and homebuilding industry experience and various market cycles have
nurtured an expertise with similar challenges that our industry and your
company now face.  Experience, knowledge
and the ability to meet current challenges head on and arrive at successful
resolutions are strengths.   Intensely
focused on getting results through proactive leadership and teamwork. 

 

QUALIFICATIONS

 

Investco
Financial Corporation                                                                                   Vice
President

Sumner,
Washington                                     
                                                            7/99
to present

 

Investco Financial Corporation
(Investco), founded in 1983, has managed, developed and holds over a billion
dollar portfolio of residential, multi-family and commercial properties in the
Puget Sound Region.  Investco also owns
“The Truss Company” that supplies structural components to local builders and
has an interest in Tarragon LLC, which is the commercial development arm of
Investco.  Investco is recognized for
creating projects of significant long-term value and is the asset management
company for its multiple Limited Liability Companies.

 

Brian McCabe, Vice President of Investco
is charged with the acquisition, management, development and ultimate sale of
market-focused residential and commercial land holdings in the Puget Sound
Region.  Thirty years of experience in
the land investment business with accomplishments ranging from raw land
syndication and development to senior management responsibilities of
home-building and development divisions. His focus is on added value practices
that bring quality products and services to the market.

 

Vice President Development and Land
Investments

Equity Partner in fifteen different
LLC’s

 

• 
  Sourced
  and acquired over 3,800 acres of residential, commercial, industrial, forest
  and agricultural resource land encompassing over 6,500 single family and
  multifamily lots and units together with additional commercial and industrial
  land.
• 
  Equity
  Partner and development manager of multiple assets and LLC’s.
• 
  Acquired
  low basis assets through complicated real estate exchanges and disciplined
  acquisitions.
• 
  Managed
  development team to deliver quality finished products to merchant and
  production builders at top dollar.
• 
  Created
  strong alliances and long standing relationships with third party builders,
  developers and lenders.
• 
  Diversified
  and positioned company into multiple counties with attached, detached and
  commercial projects.
• 
  Helped
  build Investco to a $1 Billion dollar company
• 
  Sold
  and closed over $100 million in land and lot sale revenues and contributed fees
  in excess of $5 million to the company.

 

The Quadrant Corporation,

A Weyerhaeuser Real Estate Company                                                      Assistant Vice President

Bellevue, Washington                                                                                                 2/92 to 7/99                                                                                     

 

Senior Manager for the Residential
Division with the primary responsibility of controlling and delivering finished
lot inventory to production, marketing and sales.  Managed over $15-20 million annual
acquisition and development budget.  Accountable
for all land acquisitions, entitlements, site development, financial analysis,
funding approval and third party land and lot sales.

 

Senior Management responsibilities
include 1) management of the Land Division; 2) continual interaction with production,
purchasing, sales, marketing, accounting and finance departments and to
participate in higher level decision processes; and 3) market research,
strategic and annual planning and forecasting, site selection, financial and
physical feasibility analysis, project budgeting, land planning, entitlements,
consultant/project management coordination, land development and product
definition, positioning and pricing.

 

• 
  Acquired
  over 1500 lots within 30 residential plats over seven years.
• 
  Managed
  up to 15 projects at all times and controlled lot inventory in excess of 700
  lots.
• 
  Diversified
  and positioned company into three counties with both attached and detached
  residential projects.
• 
  Sold
  and closed over $30 million in land and lot sale revenues in 1996 and $15
  million in 1997/98 and personally contributed to over $1.8 million in 1998 net
  revenue.

 

Castlewood Homes, Inc.                                                                                      Regional Manager

Woodinville, Washington           
                                                                                 10/89 to 2/92

 

Managed existing residential projects
and their overall profitability. 
Negotiated and acquired residential land parcels, procured entitlements
and responsible for site development, financial analysis, inventory control,
budgeting, project and business planning and loan packaging.

 

The Schuck Corporation                                                                  Land Investments & Brokerage

Denver, Colorado                                                                                                         6/87 to 10/89

 

The Schuck Corporation was one of
Colorado's largest residential and industrial land developers.  Duties included land acquisition and general
real estate brokerage with an emphasis in the packaging and marketing of
corporate land and investment projects on a local and national basis to
syndications, pension funds and equity investors.

 

Wells Fargo Credit Corporation                                               Commercial & Residential
Lending    

Denver, Colorado                                                                  

 

Created client referral program with
other mortgage companies, savings and loans, and most major banks in Denver.
Duties included analyzing property and borrower cash flows, financial
statements and originating commercial and residential loans.

 

Frederick Ross Company                                                                                          Land Brokerage

Denver, Colorado                                                                                                        4/84 to 6/87                                                                                                

Created the Frederick Ross Land
Division.  Researched, analyzed and setup
database for all large vacant land tracts in the metropolitan area. Area
included more than 2,000 land parcels covering more than 715,000 acres.  Specialized in the residential and
speculative land markets.

 

KLA Project Management                                                                                   Feasibility
Analyst

Boulder, Colorado                                                                                                          1/83 to 4/84

 

KLA Project Management was a small
company specializing in office warehouse development projects in the Boulder
area. Responsibilities included conducting comprehensive studies for proposed
real estate development projects to determine feasibility, development
financing options, positioning, promotion and marketing.

 

Pinnacle Energy, Inc.                                                                             Oil & Gas Lease Brokerage

Denver, Colorado                                                                                                           8/80 to 1/83                         

 

A prestigious oil and gas lease
brokerage firm which acquired thousands of oil and gas leases annually in a
twelve state region for major and independent oil companies. Negotiated,
prepared and acquired oil and gas leases, conducted title examinations and
evaluated county, state and federal records. 

 

EDUCATION

 

Cherry Creek High School, Englewood, CO

University of Colorado, Boulder, CO

BS Business Administration (Real Estate
emphasis) 1980

Education solely financed through
athletic scholarship, varsity football, 3 letters, Big Eight Defensive Player
of the Week 1978 and Co-Captain 1979.