ABOUT ME

RESUME  –  MILTON  ZAIONTZ,  SR.

 

BORN – MAY 11, 1931

MARRIED – JULY 29, 1950

1963 – PRESENT      Active in all types of real estate development. Mr. Zaiontz has been involved in all facets of the development of hotels, motels, condominiums, apartments, single family residences, townhomes, subdivisions, office buildings, schools, country clubs, affordable housing, shopping centers, rural ranch subdivisions, retail strip centers and historic restorations.

 

In 1966 Mr. Zaiontz became associated with Southern Land Title Corporation in New Orleans, Louisiana and their French Quarter conversions and restorations. Southern Land acquired buildings in the “Quarter” and did historic restorations and conversions of the buildings into apartments, retail and hotels. Some of the properties that were developed were Le Richelieu Hotel, 1107 Bourbon, 807 Bourbon, 1121-1127 Bourbon, 1124 Royal, entire 1300 block of Chartres, Olivier House plus many other buildings located in the “Quarter”.

 

From 1968 to 1975 Mr. Zaiontz was a 50% partner in the Oakdell companies of San Antonio, Texas. The Oakdell Companies had a number of affiliated and subsidiary companies: Oakdell, Inc., Oakdell Manor Townhouse Apartments, Oakdell Medical Professional Center, Montebello Apartments, Deer Valley Ranch, Inc., M & B Cattle Co., Soldiers Meadows Ranch, Children’s Learning Center, Oakdell Fourplexes, Various Subdivisions, Single Family and Multi Family Residences.

 

In 1975 Mr. Zaiontz and his partner were awarded a Coors Beer distributorship and operated the distributorship for Southwest Bexar County plus Medina, Frio and Atascosa Counties until 1978 when he sold out to his partner.

 

Mr. Zaiontz bought the Chapparal Country Club in Seguin, Texas in 1977 and operated it until he sold it in 1979 to a group from Houston, Texas.

 

In 1980 Mr. Zaiontz founded Condovelopers, Inc. and for the next several years developed various real estate projects. The projects included 50 unit luxury townhomes, 80 unit townhomes, 88 unit townhomes, 120 unit resort condominium, 48,429 square foot office building. Total developed value exceeded $ 35,000,000.

 

In 1987 Mr. Zaiontz became Chairman and CEO of Property Solutions USA, Inc., a public company that was involved in real estate acquisitions, development and management, with special emphasis on the development of multi family low income housing tax credit properties. In 1993 Mr. Zaiontz was appointed to the low income housing tax credit advisory committee for the Texas Department of Housing and Community Affairs.

 

While with Property Solutions Mr. Zaiontz arranged for the purchase of the Robert E. Lee Hotel in downtown San Antonio, a ten story historic property constructed in 1923, that had been shut down and boarded up for over 15 years. Under Mr. Zaiontz’s supervision the property was converted to affordable housing for senior citizens, and a complete historic restoration, in conjunction with the Texas Historic Commission, was completed. In 1998 Mr. Zaiontz received an award from the San Antonio Conservation Society for the “Outstanding Historic Restoration of the Robert E. Lee Hotel”.

 

From 1990 through 1995 Mr. Zaiontz was the Executive Vice President and Treasurer of Trimark Construction Management, Inc., a construction company specializing in the rehabilitation and restoration of existing properties damaged by natural disasters. Trimark completed over $ 20,000,000 in Charleston, South Carolina after Hurricane Hugo and over $ 25,000,000 in Miami, Florida after Hurricane Andrew.

 

In 2003 Mr. Zaiontz became associated with C F Land to develop single family subdivisions in San Antonio, Texas. Also in 2003, Mr. Zaiontz agreed to become a consultant to Tesoro Homes of San Antonio to develop a 190 lot subdivision in Southwest San Antonio, Texas. Mr. Zaiontz was involved in the following subdivision developments: Highland Heights, a 267 lot subdivision developed as a TIF in East San Antonio; Pleasanton Farms, a 342 lot affordable housing subdivision on Loop 410 and Pleasanton in San Antonio; and Tesoro Hills, a 190 lot affordable housing subdivision located in Southwest San Antonio.

 

In 2005 through 2010 Mr. Zaiontz acted as a consultant to Tesoro Homes, Ltd. of San Antonio, Texas for the development of the following townhome, duplex and fourplex developments: The Villas, a 52 unit townhome development; Raintree, a 44 unit duplex and fourplex development; Kingsbury, a 120 unit fourplex development; Gardens at the Summit, a 82 unit duplex and fourplex development, and Wurzbach Meadow, a 128 unit townhome development.

 

In 2005 Tesoro Homes, Ltd., owned by Clay Schlinke, joined with Mr. Zaiontz to apply to the City of Del Rio, Texas for Tax Increment Financing (TIF) for a 363 lot subdivision on fifty (50) acres in Del Rio. The City Council issued an ordinance to create the TIF as requested.

 

In 2010 and 2011 Mr. Zaiontz bought an undeveloped property in South San Antonio at Ray Ellison and Loop 410 and plans were formulated to develop a 410 unit self storage. During that same time frame Mr. Zaiontz formulated plans to develop an 80 unit Townhome project in the South Texas Medical Center at Fredericksburg Road and USAA Boulevard. Prior to their development Mr. Zaiontz sold both properties.

 

In 2011 Mr. Zaiontz identified an opportunity to purchase the exclusive dealership rights for the State of Texas from ADG ECO, a manufacturer of Induction Lighting and other lighting products. Mr. Zaiontz, along with his oldest son, Milton, Jr., formed Green Lighting Solutions LLC (GLS) and became the exclusive Dealer for ADG ECO for the states of Texas and Utah. They have since terminated the relationship with ADG and have now formed new alliances with major manufacturers and suppliers which gives them a degree of flexibility that was not available with ADG. GLS has successfully completed lighting retrofits and installations for Churches, Automobile Dealers, Convenience Stores, Office Buildings, Retaurants, and many others. In April, 2018 Mr. Zaiontz conveyed all of his interest in GLS to his son, Milton Jr.

 

!n 2016 Mr. Zaiontz identified a development opportunity located in Elmendorf, South Bexar County, Texas. The development consists of 28 developed and platted single family lots, plus 47 undeveloped acres that had Master Plan approval from the City of Elmendorf. The undeveloped 47 acres will be constructed into 200+ single family lots. The entire property had previously been awarded the approval for a Tax Reinvestment Zone (TIRZ) and Public Improvement District PID), both of which are extremely advantageous to the developer. Mr. Zaiontz discussed the development with a San Antonio based developer and construction company. It was agreed that Mr. Zaiontz would develop the property as a “fee developer” as he had extensive experience with development, construction TIRZ and PID, and the property was purchased in early January, 2017.. Subsequently, Mr. Zaiontz conveyed his interest in the development.

 

In 2014 Mr. Zaiontz was appointed to the Board of Trustees for Father Flanagans Girls and Boys Town of San Antonio, with the main office located in Omaha, Nebraska. Mr Zaiontz served as a Board member and held various offices until 2017 when Omaha announced that it was closing the San Antonio Campus along with three other campuses in the United States. The San Antonio campus was located on a 26 acre tract of land in the vicinity of Bandera and 1604 in Northwest San Antonio. Mr. Zaiontz contacted the Omaha office and negotiated a contract to purchase the 26 acres. He then finalized an arrangement with some development friends and closed on the purchase of the property. It is now being developed as a duplex/fourples development.

 

In 2019 ceased real estate activities due to fractured hip and other minor health issues. Zaiontz has examined many online marketing opportunities and made a decision to join Dean Holland and his Internet Profits. Within two weeks of the affiliation became a Certified Partner and will continue that association. With the advice and assistance of Dean Holland he recognizes the tremendous ongoig and sustainable profit opportunity.