Mike Sarimsakci
Position:
Board Member
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With an extensive experience in leading and directing major domestic and international infrastructure as well as real estate development projects, Mike Sarimsakci is responsible for financial and real estate development activities for Alterra International, LLC located in Dallas and Istanbul. 

Over the past 20 years, Mr. Sarimsakci has worked on real estate projects worldwide with a strong track record of completing infrastructure and real estate development projects on time and on budget. Currently, as the Founder & President of Alterra International, LLC Mr. Sarimsakci is responsible for development and construction of projects that offers superior returns to investors. His formula is simple "$ 1 million to $ 5 million in 5 years. He has been able to deliver on this premise. 

His latest project is a 65,000 square meters of mixed use development which consists of 238 residences, 274 key Marriott dual branded hotel and retail space in the heart of downtown Dallas slated to open in April 2016. Another recently completed project, Alto 211 is an 18 story office tower, known as the “Tech Mecca” of Downtown Dallas is set in the vibrant city center district and brings urban lifestyle and modern business culture to the entrepreneurial community. Alto 211 is the headquarters to such renowned tech companies such as Tech Wildcatters, Health Wildcatters, Traxo, Velocis, Launch DFW and Fort Work coworking space. 

Throughout his career, Mr. Sarimsakci has been actively involved in development projects on an international level. Most recently, Mr. Sarimsakci was the guest of the Panamanian government to explore public private joint venture development opportunities in Panama. He advised to President of Niger to increase FDI into real estate projects in the region.

Before joining Alterra International, LLC, Mr. Sarimsakci was the Managing Director of Polidev International, LLC. With Polidev, Mr Sarimsakci was responsible for real estate development projects in the Americas. 

Prior to his re-development activities in the Americas, Mr. Sarimsakci was with AECOM as Vice President in Saudi Arabia and later became a Board Member with Ibra Holding in Azarbaijan. With Ibra Holding, Mr. Sarimsakci has established corporate policies and procedures while successfully managing 1.5 billion dollar Baku Yoo Real Estate Mixed use development in addition to managing 100 hectars of industrial development project in Romania. 

Mr. Sarimsakci started his career with Bechtel in San Francisco where he was a Construction Manager and a Civil Engineer for two massive park projects in Dubai and Euro Disney. During his time with Bechtel, he was in charge of design and site development of projects and was awarded for his outstanding performance. 

Followed by Bechtel, Mr. Sarimsakci became the CEO of BSG Development in San Francisco where he was responsible for all profit and loss as well as all business operations. During his time with BSG, Mr. Sarimsakci managed industrial and commercial development and worked on construction and redevelopment projects where he was recognized with prestigious awards by the City of San Jose, City of Santa Rosa, City of San Luis Obispo and City of Monterey for innovative design and development of various projects. 

Mr. Sarimsakci also served as a Senior Consultant at Ben C. Gerwick in San Francisco. His responsibilities included management of IHNC storm protection project in New Orleans with a capital of 1.2 billion dollars, the largest project United States Army Corps of Engineers has ever undertaken. He also successfully participated in tender design effort for Panama Canal bid with a capital cost of 5 billion dollars. 

Mr. Sarimsakci holds a Bachelor of Science in Civil Engineering from Colorado State University and a Certificate of Pre-Law from UCLA. He is a graduate of Stanford University with a Master of Science in Construction Engineering and Management 

Mr. Sarimsakci is currently working towards an executive degree for Advanced Management Development Program in Real Estate (AMDP) at Harvard University to be completed in 2017.

 

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