1. TIMOTHY J. LARSON
3427 Cedar Springs Road
Dallas, Texas 75219
Phone: 407-832-9364
Email: bbtiml@msn.com
A extensive history of: distressed asset management (loans and real estate), real estate acquisitions,
development, capital sourcing and structuring, due diligence, project management, research, land
use analysis, financial modeling, and dispositions.
FIRSTCITY SERVICING CORPORATION, Waco, Texas
Senior Vice President/Team Leader 5/2013 – Present
Actively manages high functioning team of six professionals and multiple asset classes
across the risk/return spectrum.
Develops and executes loan and asset resolution strategies with the team through real
estate investment analysis, borrower analysis.
Team Servicing over 300 assets, 175 relationships and 200 million in value.
Vice President/Asset Manager 5/2011 – 05/2013
Developed and organized distressed asset resolution objectives to maximize the value
of loans and real estate.
Significantly exceeded performance against budget.
Closely monitor property management teams, receivers, brokers and lawyers.
Review recommendations from the construction team in the context of asset strategy.
KISSIMMEE BAY MANAGEMENT, LLC, Orlando, Florida
Owner and Chief Executive Officer 5/2000 – 10/2010
Developer of exclusive Residential and Commercial projects.
Achieved $3.6M revenue (2006); $3.2M revenue (2005); $2.5M revenue (2004).
Responsible for all operational areas (site selection, entitlements, P/L, financing and sales).
Acquired Projects:
Kissimmee Bay (gated golf community)
$10M in sales and development. Managed multi-family construction,
development, sales, contracts
and marketing. Responsible for HOA, budgeting, legal filings, monthly and
annual meetings.
Northshore Plaza (18 acres - commercial and retail development of over
240,000 sf).
Site Plan Development, Engineering, SFWMD mitigation, environment
approvals. City Annexation,
Site Planning, City Entitlements. Achieved $1M savings through negotiated
preferred Impact Fee.
2. Timothy J. Larson bbTimL@,m sn.com, (407) 832-9364 Page 2
Negotiated Sale to Wal-Mart.
Kissimmee Bay Real Estate Co. (8 & 9 acre sites for apartment, commercial
and retail development)
Falcon Development (252 units) - market rate apartments.
Wendover Properties (120 units) - workforce housing.
40,000 sq.ft. of commercial and retail entitlements.
FEDERAL TRUST BANK, Winter Park, Florida
Vice President - Residential Lending 3/1997 - 4/2000
Member of Senior Management Team instrumental in successful company public
offering.
Managed production, operations, underwriting, agency sales/securities and post
closing,
including wholesale lending, retail originations and builder relations.
FHA and FNMA Approved Underwriter.
CHASE MORTGAGE (previously “American Residential”), Orlando, FL
Regional Vice President - Florida Region 1/1993 - 2/1997
Responsible for Wholesale; Retail (VA, FHA, Conventional), Operations,
Underwriting,
Pricing, Five Retail Branches, Regional P/L, including Quality Control and Post
Closing.
Achieved 125% average annual sales growth in four years.
Negotiated the acquisition of retail branch, including production of $30M in annual
retail
operations (included processing, underwriting and closing).
Opened retail offices in Orlando, Boca Raton, Tampa, Clearwater and Jacksonville.
FIRST FEDERAL SAVINGS BANK, LaCrosse, WI
Vice President 2/1985 - 1/1993
Increased Residential Lending Division production from $50M to almost $1B in five
years.
Achieved #1 market share in 5 of 7 branch areas, and #2 market share in remaining
branches.
Recruited and trained over 100 production staff members.
EDUCATION AND ACTIVITIES
University of Wisconsin, Platteville, Wisconsin - Bachelor of Science
3. Timothy J. Larson bbTimL@,m sn.com, (407) 832-9364 Page 3
College Basketball - All Conference
Professional Basketball - DeGermann Amsterdam, Holland
Computer skills include Microsoft Office Suite (Outlook, Word, Excel & PowerPoint), QuickBooks.