1. Robert Frazitta
Naples, FL E-mail: bob@summit-management.com Phone: 239-206-0980
WORK EXPERIENCE:
Consultant - Summit Management Group of Florida - Naples, FL - April 2015 to Present
Consult the new ownership group of Naples Bay Resort & Marina as the property transitions out of Bankruptcy. The property
consists of hotel condominiums, residential condominiums, and 30,000 square feet of retail space, 97 slip marina and a club
consisting of approximately 400 non-equity club members.
• Oversaw financial reporting for 97 slip marina consisting of long term and transient slip rentals; as well as a boat rental
operation with approximately $1,000,000.00 of annual gross revenue.
• Supervised $3,000,000.00 of capital improvements that included the new restaurant 1500 South by Chef Art Smith, Catalina
Cafe coffee shop, 85 room hotel renovation and refurbishing of the Naples Bay Club’s spa, fitness room and pool areas
• Consulted on interpretation and implementation of the governing documents for the various Associations, Management
Agreements and contracts.
CFO/Asset Manager - Antaramian Development Corp of Naples - Naples, FL -January 2001 to March 2015
Responsible for the day to day operations of real estate assets of a major developer in Southwest Florida. Real estate assets
included condominiums, office buildings, marinas, hotels and clubs.
• Analyze risk associated with legal issues, interface with legal counsel, recommend courses of action to mitigate issues
and oversee mitigation implementation.
• Supervise CAM reconciliation process for entire property portfolio.
• Responsible for all aspects of accounting, including financial reporting, budgeting, cash management, accounts
receivable and accounts payable.
• Performed extensive and comprehensive due diligence reviews for potential acquisitions.
• Oversaw major operation at Naples Bay Resort to ensure maximum revenue generation.
• Able to effectively and efficiently oversee all daily hotel operations that achieve planned goals for integrity, revenue,
house profit, and maintain company standards for guest satisfaction, quality assurance, and asset protection.
• Worked with leasing brokers to recommend changes to the financial aspects of a lease.
• Performed all record keeping and documentation tasks
• Managed and maintained various documents regarding asset management.
• Controlled expenses within the established operating budget.
• Coordinated with corporate marketing group to execute marketing initiatives.
• Strategic planning, financial modeling, analysis, controls, systems development, forecasting and reporting on over
$100,000,000.00 of capital development assets.
• Developed and executed plans to improve property management.
• Administered daily functioning of properties – Inspected sites regularly to ensure compliance with organizational
established policies, safety measures and quality standards.
• Ensured asset disposition plans are completed for all loans.
• Reported directly to the President/Owner
Controller/Property Manager
Started as a part-time bookkeeper while attending Bentley University
- Antaramian Realty & Construction, Inc. - Newton, MA -June 1976 to December 2000
• Performed all full charge bookkeeping duties for a realty and construction services business.
• Set up the companies and the Chart of Accounts
• Set up all A/P, A/R, Employee, Vendor and Supplier accounts
• Comfortable working with the General Ledger
• Generated all financial reports: Balance Sheet, P/L and Budgeting Reports
• Tracked and reported on aged payables and receivables
• Prepared and submitted all Federal and State income, licensing and payroll reports and deposits
• Made bank deposits, withdrawals and cash needs projections
• Did all bank and accounts reconciliations
• Reported directly to the President/Owner
2. Became controller as the Companies expanded. In addition to my duties as controller I managed residential, commercial and retail
properties. Properties varied from small apartment buildings, mixed-use properties and large condominium developments.
• Responsible for all aspects of accounting, including financial reporting, budgeting, cash management, accounts receivable
and accounts payable.
• Performed extensive and comprehensive due diligence reviews for potential acquisitions
• Worked with leasing brokers to recommend changes to the financial aspects of a lease
• Managed financial operations of various properties – Payments for leasing, taxes, maintenance, insurance and others.
• Analyzed and calculated all essential information required, such as property taxes, building’s physical condition and area
population.
• Coordinated marketing initiatives, sales and leasing of properties.
• Assisted tenants in monetary transactions and sorted out clients’ complaints effectively in a professional manner.
• Documents and reports all financial transactions related to the properties.
• Reported directly to the President/Owner
COMPUTER SKILLS:
Working skill in QuickBooks, MS Word, MS Excel, MS PowerPoint and MS Outlook
Self-motivated, multi-tasking team player with a high attention for detail. Exceptional written and verbal communication skills.
Exceptional leader, motivator, and team builder who is goal-oriented and excels in a fast-paced, high-pressure environment.
SKILLS:
EDUCATION:
Accounting - Bentley University - Waltham, MA 1975 to 1977
Liberal Arts - Westfield State University - Westfield, MA 1971 to 1975
Authorized to work in the US for any employer