Jon

Jon D. Fleming

CONTACT INFORMATION

Phone
858-793-6000
Address
16870 West Bernardo Drive, Suite 400, San Diego, CA, 92127

Over 35 years of active involvement in financing and investment in various commercial real estate properties and notes throughout the United States. Solid experience as a court appointed receiver on a variety of different types of real estate assets and projects.  B.S. in Economics & Business. Excellent business acumen and knowledge of financial and business strategies.

Key strengths and expertise include:
 Excellent fiduciary agent as state and federal equity receiver
 Former founder and principal of an EB-5 USCIS approved regional center
 Extensive travel throughout Asia with strong market connections
 Real estate investment management – maximizing investor return
 Investment analysis and market research
 Thorough knowledge of the EB-5 program and immigration guidelines
 Skilled negotiator in various types of turnaround situations

 Astute decision maker and problem solver
 Excellent communicator and leader
 Excellent project manager

 

Key Successes:
 Extensive EB5 marketing with 4 investor roadshows throughout China in 2013-2016.
 Developed several influential relationships with EB5 migration agents in China, India & Vietnam.
 Actively involved in EB5 capital raise up to $50m for a timeshare resort project in Nevada.
 Negotiated the purchase and management of a $2.5 million non-performing loan on a 10 story parking garage in downtown Detroit. Investors achieved a 72% annualized IRR.
 Negotiated the purchase and management of a $5 million B-note secured by a 250,000 square foot retail center located in Cherry Hill, NJ.
 Negotiated the purchase and sale of a $47 million portfolio of sub-standard commercial real estate loans, which produced a $2.5 million gain.
 Negotiated the purchase of a $75 million national portfolio of drug store loans from a life insurance company and traded the portfolio at an 18% gain on sale.
 Negotiated the purchase of a defaulted loan on an office building in Fairfax, VA. The building was 40% occupied upon acquisition. Successfully foreclosed and stabilized the asset at 95% occupancy and realized a $3.0 million gain on the investment.
 Established a successful relationship with a Managing Director at Bank of America and completed over $35 million of loan acquisitions through this relationship.
 Financed the construction of over $350 million of residential subdivisions, neighborhood shopping centers, office buildings throughout San Diego County and Las Vegas.
 Served as VP of Finance for Peacock Radaker Corporation, master developer for Rancho San Jacinto, a 512-acre master-planned community in San Jacinto, CA.
 Served as receiver on over 20 multi-family projects in Southern California and Chicago, consisting of over 300 residential units and a country club. Total value of assets managed in receivership exceeds $250 million.
 Negotiated multiple school facility leases for King Chavez Charter Schools in San Diego.