Prior Work Experience
DELOITTE FINANCIAL ADVISORY SERVICES LLP 1997 – 2009
Real Estate Consulting, New York, NY, USA; Brussels, Belgium; and Amsterdam, Netherlands
(Started with Arthur Andersen - real estate consulting practice merged with Deloitte in 2002)
* Senior Manager, September, 2007 – August, 2009
* Manager, September, 2004 – August, 2007
* Senior Consultant, September, 1999 – August, 2004
* Consultant, October, 1997 – August, 1999
* Intern, April, 1997 – June, 1997
* Responsible for leading engagements involving real estate acquisition and disposition due diligence, financial modeling, risk/return analyses, restructuring, feasibility and cost/benefit benchmarking, highest-and-best use studies (e.g., development studies and alternative use studies), market surveys (e.g., economic, demographic and real estate market), and site inspections of real estate assets.
* Managed loan underwriting, re-underwriting, and advisory in securitization of real estate portfolios.
* Led real estate valuations and appraisal reviews for domestic and international structured lease transactions, tax appeal, strategic financial planning, and financial reporting under various US GAAP statements (e.g., SFAS 141/142, 141R, 144, 146, 157), IAS and IFRS.
* Analyzed various property types, including vacant downtown and suburban multi-tenant and single-tenant office buildings, incl. medical office buildings, hospitals, assisted living and senior housing, schools, convention centers, storage, warehouses, light and heavy industrial manufacturing buildings, flex space, distribution space, neighborhood shopping centers, regional malls, and other types of retail space, hotels, resorts, golf courses, multifamily, and also “green” buildings. It further included land for various uses such as agriculture, residential, industrial, office, and retail.
* Analyzed properties located in various locations throughout the Americas, Africa, Europe and Asia.
* Advised Fortune 500 clients on improving business performance related to changing local, national, and cross-border real estate needs resulting from consolidations, mergers, and expansions.
* Designed qualitative and quantitative business models to compare and value business sites across the world for site selection and space rationalization.
* Performed valuations of real estate assets for internal planning for corporate real estate purposes, such as monetization of owned assets and cost restructuring (consolidation of operations), and expansions.
Also responsible for day to day business tasks such as
* Project Management;
* Staff Development; and
* Business Development
Robert J. Meulmeester, MRICS's Blog
On June 30, 2011, we presented our webinar “Latin American Real Estate Market Outlook. What are the Opportunities and Risks in Latin American Real Estate”. Please watch our recording - see link: Recording Latin American Real Estate Market Outlook.
Although many of us seem to rush to various up and coming markets like Brazil, Colombiaand Peru, success is not guaranteed and perhaps few and… Continue
Posted on July 1, 2011 at 10:17am — Comments
As 2010 draws to a close, it now appears that the U.S. economy is experiencing neither a V- nor a W-shaped recovery. What best describes the trajectory of this cycle is L-shaped. Let's face it: Our (US) economy seems adrift near the bottom of this cycle without any clear indication of where the market will turn next.
The significance of broader economic trends for the commercial real estate capital markets cannot be overestimated. Both economic fundamentals and prospects aren't…
Posted on December 31, 2010 at 8:36am — Comment
Wall of equity will ‘stay on sidelines’ until economic uncertainty clears
The estimated $1.1tn of equity sitting on the sidelines of the US real estate market will largely stay put until property fundamentals start to show signs of improving.
Posted - 10 Dec 2010 13:00 GMT CET
By Zoe Hughes - PERE…
Posted on December 10, 2010 at 11:00am