Asset Manager for The Atchison, Topeka and Santa Fe Railway, often abbreviated as Santa Fe or AT&SF, was one of the larger railroads and landholders in the United States, AT&SF railroad lines are located throughout the West from Chicago Illinois to Los Angeles and San Diego, California. The railroad officially ceased operations on December 31, 1996, when it merged with the Burlington Northern Railroad to form the Burlington Northern & Santa Fe Railway. Ms. Mitchell, as one of the Directors of Real Estate for the railroad, was responsible for the Asset Management of the land grants acquired by the railroad in 1860’s, including but not limited: industrial buildings and parks, shopping centers, and housing, and acquisition development and the sale of properties.
Asset Manager and Property Manager for Deuel International Group Inc., (DIGs). Over the last 16 years, as Vice President of DIG;s Property and Asset Management, Ms. Mitchell has been involved in the asset management of DIG”s projects located in California and Hawaii. See list of DIG’s projects. Ms. Mitchell became the Asset Manager of The Financial Center, a four-story office building containing 120,000 square feet of general and medical office space. This project was acquired from an illiquid partnership containing over 100 investors. Initially when project was transferred to DIG, DIG, become the General Partner to take this project through Chapter 11 reorganization and a negotiated new refinance scheme. This projected was repositioned in the market place and operated for period of 10 years before being sold at substantial profits. For each DIG investment project handled by Ms. Mitchell, as Asset Manager, she was involved in early in the acquisition process, evaluating the property's physical condition, reviewing the existing leases, and, if appropriate, arranging for a transition to a new property manager. Ms. Mitchell responsibilities included but not necessary limited to:
- Create annual operating and capital plans and monitor financial performance
- Select and manage local third-party property managers and leasing agents. DIG’s seeks to select the best third-party property managers and leasing agents within each market. The asset manager retains ultimate decision-making control at the asset level through the approval of annual budgets, leases, and capital expenditures
- Oversee the detailed operation of each property with special emphasis on leasing, tenant relations, preventive maintenance, fire-life safety systems, code compliance, environmental conditions and energy conservation.
- Ensure that competitive position within the marketplace is maintained.
- Conduct an annual hold/sell analysis to maximize returns to our clients.
- Create and implement a strategic plan for the disposition of each property, when appropriate.
- Provide annual operational report to all investors and handle all investor inquiries for information and documentation.
- Coordinated the filling of all Federal and State Tax returns.
- Coordinated all distributions of project cash flow to the Investors.
Education
- MBA, University of Chicago - Marketing, Finance and Project Management
- B.S., Carnegie Mellon University - Project and Corporate Management
- Stanford University – Property and Asset Management
- Northwestern University – Marketing, Finance and Organizational Management
CA DRE Lic. #02044941 Sales Associate
Magnum Asset International Network (MAIN) CA DRE Lic. #00336342 858.261.0032 Jmitch@MAIN-PM.COM
