application/x-httpd-php executiveresumesdetails.php HTML document text Michael Panzer

Name : Michael Panzer
Industry Type : VP of Construction
City & State : Royal Palm Beach, Fl
Job Title
Relocation Preferences : Building Owners
Objective : Texas
Resume :  

Project Manager with 16 years of successful management of construction project scope, budget, schedule and quality of construction. Project management experience with quantifiable success in increasing revenue through product repositioning and reducing operating costs by driving efficient design, reducing energy usage and increasing engineering efficiency.


Construction Project Management
Contract Negotiations
Energy Efficiency and Savings
Capital Planning and Budgeting
Engineering Systems
Job Costing and Project P&Ls
Building Envelope Repairs
Critical Systems and Critical Systems Maintenance
Identification and Integration of Best Practices
Environmental Repairs


Innkeepers USA, Palm Beach, Florida 2008 - Present
VP Architecture, Construction and Capital Projects
Managed the design, construction, purchasing and engineering function through direct reports for a 74 hotel REIT owned by a private equity group. Directed $69 million dollars of a $125 million dollar spend until owner funding was stopped and revenue proceeds deteriorated. Financial reporting, budget and schedule forecasts, engineering standards, brand communication and project reporting are also included as part of the responsibilities.
Reduced yearly capital expenditures by 40% by instituting a comprehensive engineering program that detailed and tracked preventative maintenance and promoted in house repair without an increase to year over year operating costs.
Reduced energy usage in excess of 20% at some locations through minor capital investment, equipment rebates, utility incentives and driving engineering and operating standards. Most projects had an ROI of les than 2 years.
Increased engineering labor efficiency through the development of SOPs, engineering standards, preventative maintenance system, candidate evaluation and testing, and associate training.
Increased efficiency of project management and capital budget approvals by instituting a simplified but comprehensive documentation and tracking system.
Designed a website that increased the completeness and accuracy of long term capital budgeting and to better maintain the corporate assets through document tracking and control, capital approvals, property audits, and property inventories of capital equipment.

Sunstone Hotels - San Clemente, California 2006 - 2008
Senior Project Manager
A contract management position responsible for the repositioning of mid and up-scale full service hotel assets and helped direct other members of the project management team. Sourced and selected designers, architects, contractors and suppliers. Provided on site management, coordinated with operations, and prepared budget and schedule updates for senior management.
Increased rentable revenue per square foot in the renovation of the Hilton Times Square hotel by repositioning 32 suites and a fitness center into rentable rooms and converting storage to rentable meeting space. Total Budget: $12million
Completed renovation of the Westchester Renaissance Hotel including a new restaurant concept, renovated meeting space, and a partial lobby renovation. Total Budget: $9 million
Reduced property expenses by reducing the FTEs and increased rentable meeting square footage at the Embassy Suites Chicago Downtown property. Increased social revenue through HVAC system upgrades that allowed larger functions to be comfortable.
Re-branded the 274 room Wyndham Houston North to a Hilton resulting in a better a higher ADR, and increased meeting space and room bookings. The rebranding effort included new guest rooms, public space, meeting rooms, and food outlets. Total Budget: $20 million

Omni Hotels - Irving, Texas
2005 - 2006
VP of Project Management
Directly managed the more complex renovation and repositioning projects of the companys portfolio of upscale hotels while managing a small staff of project managers to complete capital renovations, emergency capital, and ongoing maintenance capital.
Developed standards for detailed and concise project scopes, budgets and schedules that resulted in efficient communication to ownership and operations reducing rooms out of order
Developed new contracts and contract procedures for the design and construction group resulting in reduced contract liability.

JP Morgan Chase - Dallas, Texas 2001 - 2005
Vice President - Market Director of Real Estate
Served as the face of the organization to the brokerage community in the North Texas and Oklahoma region. Developed market plans for each region, sourced sites through brokers, prepared transaction packages for committee approval, and negotiated sales and lease contracts. Also managed lease terms on existing portfolio of assets and made recommendations for renewal or re-positioning of branch banks based on the real estate parameters. Worked with retail operations to drive consensus on new site selection and repositioning.
Secured and closed sites to provide optimum store coverage for banking network that projected 5 year deposit growth in excess of $325 million.
Secured first-in sites by managing relationships with several developers and brokers.

Vice President Senior Project Manager
Managed construction projects for new retail banks in Texas, Oklahoma, and Louisiana. Managed the project from site identification through the completion of the project including due diligence, planning and zoning, entitlements, cost estimating, design management, construction management, and ultimately turn over to operations. Participated in the formation of standards and procedures for the nation wide expansion of the retail branch network and later the post merger integration of the two real estate groups (Bank One and JPMorgan Chase).
Brought product to market faster and less expensive than competitors and counterparts through standardized design, utilization of selected contractor pools, and close coordination with internal stakeholders.

Wyndham International - Dallas, Texas 1998 - 2001
Capital Project Manager
Managed full service hotel capital budgets for Wyndham branded and non-branded assets across the US and Canada. Budgets exceeded $50 million annually and included capital renovations (guestrooms, lobbies, restaurants, meeting spaces, and exteriors), major mechanical and building system upgrades, and emergency capital expenditures.
Served as the primary design and construction interface between Shulas Steakhouses and Wyndham hotels in the development of 7 Shulas restaurants.
Participated in the re-organization of the departmental processes and procedures that reduced project approval and delivery times.

Wet n Wild International Arlington, Texas 1993 - 1998
Development Manager
Managed the design and construction of capital improvements to the existing US water parks in Texas, Nevada, and Florida. Developed design standards and practices for the in-house development of internationally franchised water parks.
Built the companies first franchise water park in Salvador, Brazil serving as an architectural, engineering and water amusement ride expert. Approximate project value: $50million
Managed the design and site work of a $60 million, 50 acre water park in San Diego County that was ultimately sold prior to completion of the utilities for a better use development.


Bachelor of Science in Building Construction - Texas A&M University
Bachelor of Science in Environmental Design - Texas A&M University

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