Chairman Linda W. Cropp
At the request of the Mayor
A PROPOSED RESOLUTION IN THE COUNCIL OF THE DISTRICT OF
COLUMBIA
Chairman Cropp, at the request of the Mayor, introduced the following resolution, which
was referred to the Committee on Government Operations.
To confirm the Mayoral appointment of Mr. Timothy F. Dimond as the Director of the
Office of Property Management.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited
as the "Director of the Office of Property Management Timothy F. Dimond Confirmation
Resolution of 2000".
Sec. 2. The Council of the District of Columbia confirms the appointment of:
Mr. Timothy F. Dimond
4609 Old National Pike
Mt. Airy, Maryland 21771
as Director, Office of Property Management, in accordance with section 2 of the
Confirmation Act of 1978, effective March 3, 1979, (D.C. Law 2-142; D.C. Code, sec.
1633.7) to serve at the pleasure of the Mayor of the District of Columbia.
Sec. 3. The Council of the District of Columbia shall transmit a copy of this
resolution, upon its adoption, each to the nominee and to the Office of the Mayor.
Sec. 4. This resolution shall take effect immediately.
TIMOTHY F. DIMOND
4609 Old National Pike, Mt Airy, Maryland 21771
H: (301) 831-7405
PROFILE:
More than 15 years of professional management experience in serving corporate and
institutional clients in both commercial real estate and facilities management, with
particular expertise in:
- Lease Negotiations/Policies/Procedures
- Contract Procurement/Preparation/Negotiation
- Operating Budgets/Annual Business Plans
- Administration & Operational/Policies/Procedure
- Financial/Operational Analysis
- Contract, Record and Lease Administration/Compliance
A seasoned executive with an extensive background in administration, planning,
negotiation and operations. An assertive leader with foresight, attention to detail and
decision-making ability, with strong oral and written skills. Recognized in the real
estate industry as a proven professional and leader. President of Washington Chapter of
the Real Estate Management.
PROFESSIONAL EXPERIENCE:
US Office Products – Washington D.C.
Manager of Corporate Real Estate
Responsible for performing as the key Real Estate Manager for the
company’s portfolio consisting of approximately 330 owned and leased locations. Direct the
overall strategic Real Estate and Facilities Department to optimally meet financial and
operational goals of the company including; lease/ real estate negotiations, project
management and short/long-term property-use strategies. Responsible for managing and
evaluating Transaction Management Team. Responsibility for internal reporting relationship
with senior executive staff and acting as point of contact with other operating companies.
Manages and reviews all financial analysis and documentation necessary for transaction
processing. Analyze current and future space needs, recommend solutions and assume
leadership role with respect to site selection, lease/sale negotiations in keeping with
company objectives. Develop, analyze and maintain a benchmarking process to determine
internal operation performance to internal goals as well as market and industry standards.
Work closely with legal department in all lease reviews and matters that require attorney
approval. Responsible for identifying and presenting solutions for compliance to federal
and state regulatory issues which include environmental, occupancy, zoning, hazardous
materials, OSHA and code requirements
Selected Accomplishments:
- Reduce Real Estate/lease costs by $537,000.
- Developed and implemented benchmarking for all real estate transactions
- Developed and implemented new operational and administrative policies and procedures.
- Create added values through alternative dispositions of non-performing real estate.
CARRAMERICA REALTY CORPORATION/CARR REAL ESTATE SERVICES, INC., Washington, D.C.
(1996-2000)
General Manager
Management and responsibility of administration, operations and overall
performance of a real estate/facilities portfolio, valued in excess of $200 million,
consisting of nine properties totaling over a million-and-half square feet of office and
corporate user buildings. Prepared, managed and analyzed annual business plans, operating
and capital budgets (in excess of $22 million), and quarterly performance forecasts.
Oversight of risk management and security policies for locations including ensuring the
use of approved equipment and procedure used to minimize risk.
Procured, negotiated and managed all goods and service contracts for
the portfolio. Management anti administration for all leases, records and contracts and
reviewed leases during negotiations. Developed and implemented administrative and
operational policies and procedures. Established and responsible for profit and loss of
business center with 30 employees, consisting of engineering, maintenance and on-site
administrative staff.
Selected Accomplishments:
- Consulted and assisted in successful negotiations for leases in excess of 400,000 square
feet. - Maintained account receivables at or below 10% for the portfolio.
- Developed and implemented new record and contract administration, policies and
procedures - Developed and implemented new operational and administrative policies and procedures.
Maintained all operating budgets and business plans at budgeted
goals.
DRAPER & KRAMER, Hanover, MD (1994-1996)
Director of Operations
Responsible for the operation and overall performance of the
Washington, D.C., regional office of Draper & Kramer (Chicago, Illinois) valued in
excess of $150 million. Responsibilities included development of annual business and
operating plans and budgets (in excess of $20 million), and the development and
implementation of administrative and operating procedures and guidelines, including
developing request for proposals for construction tracking procedures and evaluations of
architects, engineers and contractors. Monitored, analyzed and reported all financial
matter for operations. Performed audits and represented owner interests in lease
negotiations. Responsible for all procurement, negotiation and preparation of all
contracts for goods and services provided.
THE CAREY WINSTON CO./COMPASS MANAGEMENT & LEASING, Washington, D.C. (1991-1994)
Commercial Property Manager/Assistant Director
Management of performance and operations of a portfolio in excess of a
million square and half square feet valued in excess of $200 million, consisting of office
and corporate buildings. Responsible for all engineering and administrative staff on site.
Administered and managed all improvements and capital construction. Prepared and managed
annual operating and capital budgets for portfolio (in excess of $25 million). Procured,
negotiated and managed all goods and service contracts for the portfolio. Management and
administration for all leases, records and contracts. Analyzed and reported on all
financial matters to owners. Responsible for all risk management and security for all
sites. Evaluated properties for efficiencies, cost analysis, alternative use, and
acquisition.
Selected Accomplishments : Maintained a tenant retention rate of 95%.
Consulted and assisted in successful negotiations for leases in excess of 500,000 square
feet. Procured and supervised office construction and renovation projects in excess of
$4,000,000. Developed bid specifications for service contracts and negotiated a 23%
reduction in operating costs. Established procedures for tracking all construction
projects, resulting in a 15% reduction in costs.
THE MARK WINKLER CO., Alexandria, VA (1989-1991)
Commercial Property Manager
Management and administration of a portfolio of a
million-plus-square-feet office park valued in excess of $150 million, consisting of
office and corporate headquarter buildings. Influential in establishing annual operating
and capital budget systems, management plans and administrative policies and procedures
for management division.
Developed and prepared detailed annual operating budgets (in excess of
$18 million) and current and five-year capital budgets. Monitored, analyzed and reported
on all financial matters for operations.
Selected Accomplishments:
- Initiated preventative maintenance program, reducing operating costs by 33%.
- Successful opening of a 240,000-square-feet office building.
- Established and supervised operation of shuttle bus system for office park tenants.
- Established systems for processing maintenance calls more efficiently, reducing tenant
complaints by 10%. - Consulted and assisted in successful negotiations for leases in excess of 300,000 square
feet. - Assisted in the preparation of management proposals for third-party assignments.
RED COATS, INC., Bethesda, MD (1987-1988)
Division Manager
Supervised eight regional managers and 67 commercial properties, including shopping
centers, office buildings and hotels. Drafted operational budgets and analyzed income and
expenses. Developed and initiated follow-up program for Maryland division.
SMITHY BRAEDON, INC., Washington, D.C. (1984-1987)
Commercial Property Manager
Managed a portfolio of office and corporate buildings consisting of a million-plus
square feet valued in excess of $175 million. Supervised a seven-man engineering
department. Prepared annual operating, and capital-expense budgets (in excess of $30
million). Prepared and analyzed and reviewed financial reports. Oversight for risk
management and security for all locations.
Selected Accomplishments :
- Developed and established data base program to monitor utility consumption.
- Developed budgets, negotiated contracts and supervised the successful completion of over
two million dollars in interior renovations, garage rehabilitation and elevator retrofit
projects. - Responsible for the opening and start up of several new buildings in excess of 2Q0,000
square feet.
EDUCATION:
B.S. Degree, Barry University, Miami, FL
CPM – Institute of Real Estate Management
ASSOCIATIONS
Institute of Real Estate Management (IREM), President 2000 -2001
Apartment and Building Owners Association’s (AOBA)
National Associations of Office and Industrial Properties (NAIOP)
1997 Recipient of IREM Service Award
Christmas in April, Special Olympics
PERSONAL:
Married, two children. Excellent Health. Willing to travel.