PDF - Garfield Traub Development

ALEXANDER P. BEATON April 15, 2011 Mr. Greg Garfield Principal & CFO GARFIELD TRAUB DEVELOPMENT 13455 Noel Road, Suite 2150 Dallas, Texas 75240 REGARDING: LETTER OF RECOMMENDATION FOR CONSTRUCTION MANAGEMENT SERVICES Dear Greg, I would like to take this opportunity to thank the Garfield Traub Development team for the successful job your team did acting as the construction manager for the Juhl Condo project in Las Vegas, Nevada. As the development executive on behalf of CityMark Development during the development and construction of Juhl Condos, I worked with your team on a daily basis to meet the rigorous challenges of the project. Garfield Traub Development’s commitment to the success of our project and your team’s ability to anticipate and solve problems were keys to maintaining our budget and schedule, even through some of the most challenging times. It was a pleasure to work with a firm that operated with such professionalism and integrity. The staff was organized, capable, and responsive. Rick Wilczak’s attention to detail was exemplary and Tony Traub’s local market knowledge is second to none. I would highly recommend Garfield Traub Development for a future construction management position and look forward to working with such dedicated and talented team of professionals in the future. Sincerely, Alex Beaton (619) 571‐9030 February 2003
Re: Garfield Traub Development
To Whom It May Concern:
In November 2002, the City of Overland Park, Kansas opened its new Sheraton Hotel and
adjacent Convention Center. The dual project was a challenging goal of the City for
fifteen years. The financing and development of a project of this magnitude is the most
daunting and crucial phase of a project such as ours. Financing of the hotel component
was key to the ultimate success of the complex and necessary for the City to move
forward with the financing and development of the convention center.
Serving as City Manager of Overland Park from 1977 – 2002, I was deeply involved with
all aspects of this project. Most important of all was the financial impact of the
undertaking. Overland Park is a city of approximately 165,000 residents and enjoys a
AAA general obligation bond rating from Moody’s and Standard and Poor’s. It was
imperative that the City hire a strong, knowledgeable group to work on the financing and
construction of the hotel.
Development proposals were gathered and carefully analyzed. Garfield Traub was
selected as the most qualified and able to successfully negotiate all project documents
and to structure and place the financing for the hotel. During the negotiations and
structuring of the financing, Garfield Traub also provided vital leadership over the
design, value-engineering and pre-construction process. The group exhibited extremely
competent leadership and creative financing skills allowing us to break ground on the
convention center and hotel for a 2002 grand opening.
The group also provided oversight of construction and pre-opening activities for the hotel
and the facility was completed ahead of schedule and approximately $1.5 million under
budget. Garfield Traub is also the Asset Manager for the city’s Hotel Corporation.
I highly recommend Garfield Traub Development. Their expertise proved to be
invaluable to the City of Overland Park. Anyone considering site visits during the
selection process is urged to include Overland Park on your visitation agenda.