REAL ESTATE EXPERIENCE
Since the early 1980s Darryl has successfully discharged a variety of real estate-oriented responsibilities, including the following representative matters:
Directed the project development hard and soft cost budget process, managed construction draw submittals and approvals, and provided oversight for franchisor-mandated “PIP” (Property Improvement Program) and market-driven renovations at several properties (Holiday Inns, Hiltons, Radissons, Sheratons and other branded and independent non-franchised lodging properties).
Served in operations management capacities for certain hospitality and golf community projects, and in owner’s representative / asset management roles at other projects, which included the following components: leased retail, office space, parking and associated facilities; membership club amenities; apartments and single family residences; marinas; air strips for member use; and other mixed-use commercial and privately owned elements.
Provided input serving on various project design and development teams for new developments, expansions and renovations (Buena Vista Palace Hotel and Spa at Disney World, Lodge and Club at Ponte Vedra Beach, others).
Represented developers, owners, lenders and other parties-in-interest with respect to the enforcement and administration of their declarant rights and other entitlements, by serving on HOA boards or in ad hoc liaison capacities, at various times over the past two decades, for a number of residential golf communities (Lakeway Resort Community, River Wilderness, PGA West, Isleworth Community, and other projects).
Developed from ALTA documents and field work in 2005 a comprehensive understanding of the permitted uses, rights and entitlements associated with each of the real estate parcels (approximately 3,000 acres and 162 holes of golf) comprising the La Quinta Resort & Club and PGA West projects (Palm Springs), during a purchase due diligence period, for the purpose of negotiating lot line adjustments favorable to CNL Hotels and Resorts (a REIT) in its $2.2 billion stock purchase of KSL Recreation Corp, and assessing value-adding opportunities for future development and possible highest and best use conversions.
Resolved longstanding vandalism problem, via threatened use of a prescriptive easement claims strategy, by securing an exclusive in-perpetuity right to install a fence within an easement between the Norman White Course at Doral Golf and Spa Resort and the adjoining apartment-turned-condo project.
Also at Doral, headed up a team in 2004/2005 that set the parameters ensuring the non-intrusive development by the land purchaser of a planned resort condo project on a tract juxtaposing fairways 12 and 13 of the world famous Blue Monster golf course.
- Hospitality -
- Golf & Leisure -
- Real Estate -
* Shoppers Service *
* Performance Analysis *
* Forensic Accounting *
* Investment Due Diligence *
*Asset Management *
* Receiverships & Other
Judicial Appointments *
* Distressed Assets
Workout Assistance *
