William H. Winn is the Chief Executive Officer and a partner of Resort Asset Management, LLC. Mr. Winn is responsible for leading the company, including its development and acquisition strategy and structuring and seeking the capital for the company’s real estate ventures.
Prior to joining Resort Asset Management, Mr. Winn was CEO/President of ValueRock Realty Partners, a firm focused on the acquisition, development and management of retail shopping centers in the western U.S. and Hawaii.
Prior to joining ValueRock, Mr. Winn was CEO of Passco Companies Development LLC and President of Passco Companies LLC, positions he held for over 10 years. During his tenure at Passco, the company acquired 32 primarily grocery anchored centers throughout the U.S. between 1998 and 2013. Additionally, the company acquired and managed over 12,000 (22) Class A apartment projects throughout the U.S. between 2004 and 2012, and 2 million square feet of multi-tenant industrial projects in California and Nevada between 2001 and 2005. Mr. Winn personally sourced retail acquisitions between 2000 and 2004. As CEO of Passco Companies Development, the company acquired 12 land parcels for development projects for multi tenant industrial, multi-family, self storage, retail, office, and single-family homes. The company Built 30 industrial buildings and 200 single family homes between 2000 – 2005 and entitlement raw land for over 1,500 single family home lots that were sold to merchant home builders.
Mr. Winn structured real estate projects for private capital /high net worth investors using various investment vehicles, including private/public REITS, LLC’s, funds, Delaware Statutory Trust, and Tenant In Common for single assets, portfolios, income properties and development projects. During his tenure, the company raised between $30 and $120 million per year of private equity capital for real estate projects through it own broker dealer and over 75 selling broker dealers.
Mr. Winn developed and maintained institutional relationships and joint ventures and negotiated the joint venture terms. The company entered into relationships with CB Richard Ellis Global Investors to take over and asset manage 19 DST & TIC Class A multi-family and one Class A 300,000 square foot office buildings and a $50 million fund with Oak Tree Capital Management to recapitalize TIC properties, thereby creating a funding source for Discounted Payoff’s and acquiring distressed real estate.
Mr. Winn negotiated loan maturity defaults and other defaults with CMBS loan servicers for a portion of CBRE Global Investors TIC/DST portfolio of 22 multi-family properties, communicated and organized investor borrowers, and successfully modified the loans. He negotiated with banks and CMBS servicers and obtained lender agreements to modify or purchase eight Passco land, development, and income property CMBS and bank loans for extensions, maturity defaults, discounted pay off’s, and recapitalizations.
Under Mr. Winn’s leadership, Passco grew its investor base from zero to 4,500 investors and provided best in class investor services, communication, and financial reporting.
Mr. Winn was instrumental in developing asset strategies with a team of managers and leasing professionals while also creating an institutional quality asset and property management platform
For the ten years prior to joining Passco, Mr. Winn served in many capacities at the Charles Dunn Company, including Vice President from October 1994 through June 1998, with responsibility for asset management of an office, industrial, and retail portfolio, and as Executive Vice President of The Lease Management Group, a subsidiary of the Charles Dunn Company. Mr. Winn was responsible for asset strategy, leasing, and tenant improvements for a portfolio of over 3,000,000 square feet of office and industrial properties. From 1990 through 1998, Mr. Winn was Regional Manager, supervising and managing the Orange County/San Diego County office for the Charles Dunn Company and its portfolio of office, industrial, multi-family, and retail properties in Orange and San Diego counties. From 1988 to 1991, Mr. Winn was an asset manager for an office and industrial portfolio owned by Mass Mutual Life Insurance Company and Principal Mutual Life Insurance Company.
Mr. Winn is a Certified Property Manager and a Certified Shopping Center Manager. He is also a member of the Institute of Real Estate Management, the Building Owner’s and Manager’s Association, and the International Council of Shopping Centers. Mr. Winn holds a Bachelor of Science degree in Business Administration from California State Polytechnic University and a Masters in Business Administration from Pepperdine University.
Mr. Winn was President of the Real Estate Investment Securities Association (REISA) in 2009, a national association of professionals who offer and sell real estate investments as a security. He was an elected Director of REISA from 2011 to 2013, has been the co-chair of the REISA Conference Planning and Education Committee since 2012, and was previously the chair of the Legislative and Regulatory Committee. Mr. Winn has worked with various institutional clients which include: Bank of America, CB Richard Ellis Investors, LLC (CBREI), Haseko (CA), Mass Mutual Life Insurance, Principal Mutual Life, and Wells Fargo. He served various roles for these companies including asset management, acquisitions, and property management.