Fred Hemmer Resume
Hemmer Consulting, LLC, 2011 to present, Florida
Managing partner for private investment group focused on the purchase and development of residential and commercial projects including repositioning of distressed properties and notes.
National Real Estate Investors, 2010, Safety Harbor, Florida
Executive Vice President and Chief Financial Officer
Responsible for all financial affairs and operations of corporate offices of this national company specializing in the acquisition, management and disposition of REO properties purchased from FNMA.
Flagship Community Bank, 2005 to 2019, Clearwater, Florida
Founding director of this locally owned community bank which opened in January, 2006. Chairman of the Audit and Compliance Committee and Loan Committee. Member of the Capital Committee and Executive Committee.
Northstar Capital Partner, 2000 to 2010, Florida
Managing partner for investment group which owned and operated several diverse operations including a thematic commercial arts company, a children's video series and real estate investments. Responsibility included complete operational control of all business operations which included 75 employees.
Republic Bank, 1991 to 2000, St. Petersburg, Florida
Sr. Executive Vice President/Chief Lending Officer
Division Head reporting directly to the President and CEO. Responsible for the daily operation and staff of all Corporate Lending Production offices, Default Management, Special Assets and Cash Management Departments. Member of Board of Directors from 1986 until 2000.
Rutenberg Corporation, 1980 to 1991, Clearwater, Florida
Executive Vice President
Responsible for operation of corporate office for major real estate development and banking group, including supervision of 65 staff. Reported directly to president and acted as liaison with other members of staff and outside organizations. Routinely completed complex negotiations with lending institutions involving over $100,000,000 annually in construction loans, permanent loans and operating lines of credit. Negotiated and administered over $75,000,000 in sales of income-producing properties. Oversaw operation of in-house legal department and title company. Responsible for consolidated business plans for corporation and over 70 related entities including short-term and long-term cash projections.
Arthur Andersen & Co., 1976 to 1980, Tampa, Florida
Complete field responsibility for major audits for a diverse group of companies including banking, construction, development, insurance, manufacturing, hospitality and NFL football. Responsibilities included audit planning, internal control review, staff supervision, preparation of final audit report, including complete financial statements.
EDUCATION & LICENSES
Certified Public Accountant, 1978 inactive
B.A. Degree, Accounting, University of South Florida, 1976
Florida Real Estate Broker, 1983 inactive
Florida Certified "Class A" General Contractor, 1989 inactive
About the firm
Mr. Hemmer has served as a bank board director and has extensive experience in special assets and commercial property development as well as over 30 years of banking contacts giving him a strategic advantage.
Through these strategically and personally developed banking relationships, Hemmer strives to:
- Purchase distressed notes and real estate from banks and other sources
- Improve asset's condition when necessary to increase value including full development services
- Sell the Assets within 6-9 months on average
- Net a profit of 25% on each Asset Sale