Joe McChesney

• Negotiate and complete the acquisition of new-to-industry ("NTI") properties.
• Identify, propose, acquire and develop NTI gasoline convenience store opportunities in conjunction with corporate objectives and operating group needs for NTI properties.
• Maintain effective and appropriate communications with external bodies such as city authorities, developers, brokers, and appraisers, and internally with company departments needing real estate assistance.
• Coordinate land acquisitions adjacent to existing stores which improve operations or results, and/or assist in land dispositions.
• Assist in various strategic projects as needed by company executives. Show less

• Assisted the EVP and Chief Strategic Officer on a wide array of special projects integral to strategic planning initiatives.
• Acted as Project Coordinator for a major initiative to divest a region of stores.
• Prepared board materials and presentations for quarterly board meetings.
• Aided in preparation of extensive 5-year strategic plan.
• Demonstrated resourcefulness and initiative in coordinating with numerous departments to gather data and information and compile into succinct and informative presentations.
• Exhibited poise and professionalism in collaborating with various top level managers. Show less

• Worked directly with Real Estate Representatives and Sr. Manager of Real Estate on Letter of Intent (“LOI”) preparation and distribution while maintaining correspondence with involved participants to insure final execution of LOI and inception of Contract Negotiation.
• Provided leadership and training to the Real Estate Advisors and lead special project assignments for the New-to-Industry (“NTI”) Group to help facilitate the growth and management goals for the NTI program.
• Assisted Real Estate Representatives and Sr. Manager of Real Estate in contract reviews with the Legal Department, working together to execute contracts and assure continual progress on all contract provisions and closing conditions.
• Responsible for economic analysis and compilation of documents needed for management approval and monitored the approval process while addressing issues as they arose.
• Supported Lead Real Estate Specialist and Senior Manager of Real Estate on due diligence review including the ordering, tracking and review of outside site development reports, title commitments, surveys, traffic impact studies, and plats.
Show less

• Responsible for special Real Estate related projects assigned by the Executive Director of Real Estate which were used for decision making and/or presentation to top level management.
• Worked closely with Real Estate Specialists and Managers to analyze real estate data related to core operating units and prospective NTI sites and assembled site level informational package material.
• Responsible for managing a purchase timeline to insure that all critical dates are met and that management is timely updated on all activities in order to meet their objectives.
• Ordered survey, site development reports, soil test and environmental reports on properties under contract.
• Maintained and enhanced the NTI tracking system and distributed various tracking reports dealing with statistical information on both operating and NTI sites. Show less

• Supervised and assisted other real estate analysts in completion of in-house appraisal projects.
• Coordinated with the Chief Appraiser to review appraisal requests and assign workflow.
• Bid out and review third party appraisals with an emphasis on ensuring compliance and accuracy.
• Remained apprised of current real estate market conditions through analysis of market reports and discussions with key participants including brokers and appraisers.
• Shifted to leadership-focused role with other analysts while continuing to perform the duties of Commercial Real Estate Appraiser Analyst

Show less

• Appraised and exercised due diligence in the valuation of retail/commercial, industrial, office, vacant land, ranches and special use properties throughout the state of Texas for internal collateral purposes.
• Actively involved in valuing and monitoring all properties held in Frost’s real estate portfolio.
• Analyzed leases and financials and account for current market conditions to evaluate ongoing collateral coverage and appropriately apply market-level rents and expenses.
• Read, analyzed, and interpreted various lease structures and types.
• Reviewed construction plans, specifications, budgets and pro-formas for proposed commercial projects.
• Collaborated with loan officers and market participants to obtain current property and market data.
• Responsible for maintaining knowledge of current banking and appraisal rules and regulations to ensure the bank’s compliance.
• Performed discounted cash flow analyses for income producing properties.
• Supported senior reviewers in managing work flow and assisting with further due diligence.
Show less

• Appraised over one hundred commercial properties in the first two years of employment and logged over 3,500 hours of work experience.
• Performed unique valuation projects including regional medical centers and large retail/power centers, triple net leased properties, and proposed governmental office buildings.
• Collaborated with specialized group on complex retail center appraisals.
• Initiated communication and built relationships with established market participants in the real estate industry including brokers, investors and developers.
• Analyzed leases and company financials in the valuation of income producing properties and employed the discounted cash flow method of analysis utilizing ARGUS software.
• Demonstrated self-sufficiency throughout the appraisal process of inspecting, researching, analyzing and report writing.
• Utilized a variety of resources for data collection and market analysis.
Show less

• Negotiate and complete the acquisition of new-to-industry ("NTI") properties. • Identify, propose, acquire and develop NTI gasoline convenience store opportunities in conjunction with corporate objectives and operating group needs for NTI properties. • Maintain effective and appropriate communications with external bodies such as city authorities, developers, brokers, and appraisers, and internally with company departments needing real estate assistance. • Coordinate land acquisitions adjacent to existing stores which improve operations or results, and/or assist in land dispositions. • Assist in various strategic projects as needed by company executives. Show less

• Assisted the EVP and Chief Strategic Officer on a wide array of special projects integral to strategic planning initiatives. • Acted as Project Coordinator for a major initiative to divest a region of stores. • Prepared board materials and presentations for quarterly board meetings. • Aided in preparation of extensive 5-year strategic plan. • Demonstrated resourcefulness and initiative in coordinating with numerous departments to gather data and information and compile into succinct and informative presentations. • Exhibited poise and professionalism in collaborating with various top level managers. Show less

• Worked directly with Real Estate Representatives and Sr. Manager of Real Estate on Letter of Intent (“LOI”) preparation and distribution while maintaining correspondence with involved participants to insure final execution of LOI and inception of Contract Negotiation. • Provided leadership and training to the Real Estate Advisors and lead special project assignments for the New-to-Industry (“NTI”) Group to help facilitate the growth and management goals for the NTI program. • Assisted Real Estate Representatives and Sr. Manager of Real Estate in contract reviews with the Legal Department, working together to execute contracts and assure continual progress on all contract provisions and closing conditions. • Responsible for economic analysis and compilation of documents needed for management approval and monitored the approval process while addressing issues as they arose. • Supported Lead Real Estate Specialist and Senior Manager of Real Estate on due diligence review including the ordering, tracking and review of outside site development reports, title commitments, surveys, traffic impact studies, and plats. Show less

• Responsible for special Real Estate related projects assigned by the Executive Director of Real Estate which were used for decision making and/or presentation to top level management. • Worked closely with Real Estate Specialists and Managers to analyze real estate data related to core operating units and prospective NTI sites and assembled site level informational package material. • Responsible for managing a purchase timeline to insure that all critical dates are met and that management is timely updated on all activities in order to meet their objectives. • Ordered survey, site development reports, soil test and environmental reports on properties under contract. • Maintained and enhanced the NTI tracking system and distributed various tracking reports dealing with statistical information on both operating and NTI sites. Show less

• Supervised and assisted other real estate analysts in completion of in-house appraisal projects.
• Coordinated with the Chief Appraiser to review appraisal requests and assign workflow.
• Bid out and review third party appraisals with an emphasis on ensuring compliance and accuracy.
• Remained apprised of current real estate market conditions through analysis of market reports and discussions with key participants including brokers and appraisers.
• Shifted to leadership-focused role with other analysts while continuing to perform the duties of Commercial Real Estate Appraiser Analyst

Show less

• Supervised and assisted other real estate analysts in completion of in-house appraisal projects. • Coordinated with the Chief Appraiser to review appraisal requests and assign workflow. • Bid out and review third party appraisals with an emphasis on ensuring compliance and accuracy. • Remained apprised of current real estate market conditions through analysis of market reports and discussions with key participants including brokers and appraisers. • Shifted to leadership-focused role with other analysts while continuing to perform the duties of Commercial Real Estate Appraiser Analyst

• Appraised and exercised due diligence in the valuation of retail/commercial, industrial, office, vacant land, ranches and special use properties throughout the state of Texas for internal collateral purposes.
• Actively involved in valuing and monitoring all properties held in Frost’s real estate portfolio.
• Analyzed leases and financials and account for current market conditions to evaluate ongoing collateral coverage and appropriately apply market-level rents and expenses.
• Read, analyzed, and interpreted various lease structures and types.
• Reviewed construction plans, specifications, budgets and pro-formas for proposed commercial projects.
• Collaborated with loan officers and market participants to obtain current property and market data.
• Responsible for maintaining knowledge of current banking and appraisal rules and regulations to ensure the bank’s compliance.
• Performed discounted cash flow analyses for income producing properties.
• Supported senior reviewers in managing work flow and assisting with further due diligence.
Show less

• Appraised and exercised due diligence in the valuation of retail/commercial, industrial, office, vacant land, ranches and special use properties throughout the state of Texas for internal collateral purposes. • Actively involved in valuing and monitoring all properties held in Frost’s real estate portfolio. • Analyzed leases and financials and account for current market conditions to evaluate ongoing collateral coverage and appropriately apply market-level rents and expenses. • Read, analyzed, and interpreted various lease structures and types. • Reviewed construction plans, specifications, budgets and pro-formas for proposed commercial projects. • Collaborated with loan officers and market participants to obtain current property and market data. • Responsible for maintaining knowledge of current banking and appraisal rules and regulations to ensure the bank’s compliance. • Performed discounted cash flow analyses for income producing properties. • Supported senior reviewers in managing work flow and assisting with further due diligence.