Jim
Cramer
Principal
James P. Cramer is a co-founder
and principal in K2 Group. The Company is a commercial
real estate development and advisory firm which
concentrates on the development of relatively
smaller upscale retail centers (lifestyle centers)
situated in affluent yet underserved urban neighborhoods.
For its own account and on behalf of institutional
clients, the Company also specializes in the
placement of debt and equity. Further, K2 Group
offers consulting services to commercial real
estate companies that range from the structuring
of complex lease or debts transactions to more
traditional management / finance guidance. Focused
primarily on commercial real estate portfolios
throughout the US and Canada, the firm offers
a highly specialized financial discipline in
support of the investments under its management.
In terms of development activity,
K2 Group is currently focusing its efforts on
an upscale
lifestyle retail center of approximately 105,000-SF
in the Dublin, Ohio market. The project will
be completed and open spring 2006. Consulting
engagements are ongoing with both national and
local organizations and, further, K2 Group is
in discussions with both equity and debt sources
for both its own projects as well as certain
client requirements.
Jim's career has included
ten years as EVP & Treasurer with The Pizzuti
Companies; as well as several years with Deloitte & Touche.
Leveraging his extensive background in public
accounting and industry, Jim helped the Pizzuti
Companies to implement the technology, processes,
reporting and modeling capabilities required
to support the growth of the business from $50
million to over $600 million. Jim was instrumental
in Pizzuti’s initial venture with an institutional
capital provider; ensuring that asset-specific
modeling, portfolio roll-ups and venture-level
reporting consistently exceeded requirements.
Jim’s modeling and reporting expertise extends
beyond operating properties to commercial land
development. Understanding senior management’s
high-level requirements for condensed information
presented so as to facilitate critical decisions
has been key to Jim’s high level of achievement
during his career as a financial executive in
commercial real estate.
A CPA and graduate of
Otterbein College, Jim’s affiliations include
the AICPA, the OSCPA and the Advisory Board of
Otterbein’s MBA Program. |