Construction Advisory Leadership Team

Bio

Colby Durnin is the founder and CEO of CREDE (Commercial Real Estate Development Enterprises). Founded in 2001 while working with Oaktree Capital Management, Mr. Durnin and CREDE have been involved in the development and redevelopment of more than 100 projects, including all asset classes, spanning 15 states and 5 countries. Prior to starting CREDE, Mr. Durnin was the Director of Special Projects for Urban Partners, worked at Keller CMS and was a founding partner of Vortex Construction and Vortex Development. He started his career working for Pacific Energy Management Company as an Owner’s Representative in Baja California.

Mr. Durnin holds a BA from the University of San Diego and an MBA from the University of Hawaii; he is a licensed California, Nevada, and Texas Real Estate Broker. Mr. Durnin is a member of YPO and on the executive committee of their real estate network, a council member of the Urban Land Institute, ICSC, Team 100 Foundation, and is a Past President of the Avalon Tuna Club.

Mr. Durnin’s projects have received various awards, including:

  • Portland Business Journal – Transformer Award
  • NAIOP 2018 Development of the year, 2nd place
  • NAIOP Best of the Bay 2018 – Best Lease Transaction
  • NAIOP Best of the Bay 2014 – Best Investment Transaction
  • NAIOP Hawaii 2003 Commercial Renovation of the Year Award
  • Builder Institute of America Hawaii 2003 Renovation of the Year Award
Colby Durnin

Colby Durnin

Chief Executive Officer | Principal
colby@credegroup.com

Bio

Joe Kilar has over 30 years of construction experience in both the Domestic and International markets. His expertise centers on the planning and delivery of a diverse set of construction and development projects thru practical management in a way that ensures efficient usage of time and resources. He has consistently shown skills in program management, creating and following policies and procedures, process improvement, design planning, development of strategic goals, solution management, status and reporting, and an outstanding ability to lead.

As the Chief Operating Officer of the Construction Advisory Services Division at CREDE, Joe is responsible for providing his vast experience on all areas of our operations. His hands-on approach and commitment to each project will ensure that the proper staffing and resources are available as required and in a timely manner. The breadth of his experience includes healthcare, pharmaceutical, hospitality, residential, commercial, transportation, education and sports facilities.

Prior to joining CREDE, Joe was Executive Vice President and Head of Global Construction for Samsung Construction & Trading responsible for their work in the Middle East primarily Saudi Arabia and Dubai. Prior to moving to Samsung Joe was Chief Operating Officer for EMAAR Economic City at King Abdullah Economic City in Saudi Arabia.

Joe Kilar

Joe Kilar

Chief Operating Officer | Principle
joe.kilar@credegroup.com

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Bio

Mr. El-Maissi brings 30 plus years of capital construction and International experience to the Paragon team. After receiving his Civil Engineering degree from the University of Wyoming, he began his career as a Project Engineer, building the royal palace for the King of Saudi-Arabia as well as 85 governmental buildings for a combined $2.6 billion contract.

Mr. El-Maissi’s extensive experience includes pre-construction, design-build, business development, contract negotiations, budgeting and project controls, construction engineering, planning and scheduling, claims and disputes, as well as implementing and maintaining OSHA safety requirements, His projects have included mixed-use, healthcare, hospitality, education, commercial and industrial.

His role on major capital construction projects has included management of the planning and programming phase, conceptual budgeting, preliminary scheduling, development of bid packages and all RFP Documents, managing the pre-qualification bid phase, and managing the construction phase through occupancy.

Tarek Elmaissi

Tarek Elmaissi

President | Principal
CREDE International
tarek@credeinternational.com
KSA +966-56-356-3361

Bio

Tim is very well known and highly regarded in the construction and commercial real estate industry. With over three decades of experience in the hospitality, retail, and multifamily residential markets, he has been involved with many high-profile brands such as Marriott, Ritz Carlton, Hilton, Hyatt, Four Seasons, Morton’s Restaurant Group, The Irvine Company, Rancho Mission Viejo, Atria Senior Living, and Neiman Marcus. A natural at cultivating genuine and long-lasting relationships, Tim has built an extensive network of invaluable connections that stretch from coast to coast.

From his many years at RD Olson Construction and Hopkins Development, he brings a unique combination of skills to clients on both new development and redevelopment projects, assisting in project team selections, site acquisitions, land planning, entitlements, and marketing, and finance.

Tim’s career started in San Diego, where he sold and leased commercial real estate before specializing in urban redevelopment projects. In addition to developing several neighborhood and community shopping centers, he is credited with the development of the La Mirada Town Center, the area’s most prominent mixed-use project, where he negotiated an owner participation agreement with the City and closed over 100 tenants on lease buyouts, renewals, and pad sales.

Tim Cromwell

Tim Cromwell

Vice President of Strategic Development
tim.cromwell@credegroup.com

Bio

Stephen Opp serves as Managing Director of CREDE’s Development Advisory division, focusing on the development of urban infill, hospitality/residential mid to high-rise projects, and master-planned communities. In this capacity, Stephen oversees new and existing projects, providing value and vision while acting as project executive of development.

For more than 20 years, Stephen has deftly managed the entitlement and development of thousands of hotel rooms and residential units across North America, with a particular focus on mid to high-rise city center developments. Stephen possesses the vision and know-how to deliver results in various areas in the real estate development pipeline – from industrial re-purposed assets to large-scale residential/mixed-use master-planned communities. An experienced and multifaceted developer, Stephen has managed projects for foreign and domestic clients ranging from high net-worth individuals to Fortune Global 100 companies.

Before joining CREDE, Stephen functioned as a development consultant to foreign individuals and companies trying to impact the highly competitive Southern California market. Prior to his consultant work, Stephen served as the special projects lead in a joint venture between Kajima Real Estate Inc. and The Austin Company. He oversaw underwriting and entitling while performing executive-level due diligence tasks for over $2 billion in adaptive reuse and ground-up projects in Los Angeles. Early in his career, Stephen owned his multi-state construction firm, serving as RMO for the company and all projects.

Stephen possesses a unique understanding of the real estate development process that can help create value where others may not.

Stephen Opp

Stephen Opp

Managing Director
steve.opp@credegroup.com