Chief Operating Officer, Executive Vice President
BA – Business Economics
UC Santa Barbara, 1984
Masters of Business Administration
San Jose State University, 1989
Professional Registrations &
Licensed Real Estate Broker
Placer Hills Education Foundation,
Founding Board Member
KVIE, Sacramento Public
Broadcasting Television Station,
Summary of Qualifications
Frank Myers is the Executive Vice President and Chief Operating Officer of
McClellan Business Park and Stanford Ranch I, LLC and is responsible
for financing, financial reporting, management and controls. In addition
to coordinating the various financing requirements of the Stanford Ranch
and McClellan Park projects, Mr. Myers oversees administrative
functions, tax and reporting compliance, human resources and IT
functions. He also has significant experience underwriting real estate
development projects and structuring partnerships and debt facilities.
Over the last ten years, Mr. Myers has arranged financing of over $1
Billion for the two companies and has formed multiple Mello-Roos
districts. During his tenure with the companies he has been responsible
for various projects, including:
Underwriting and due diligence of McClellan Park
Development of the public financing plan component of the McClellan Base
Assisted with preparation of the Final Reuse Plan for McClellan Park
Assisted with the conversion of McClellan Airfield from military to public use
Implementation of the first Mello-Roos acquisition bond district on a closed
He led the financing efforts, which included originating and closing a working
line of credit and several project loans at the Park.
Assisted in applying for and procuring federal, state and local grants totaling
over $100 Million.
Mr. Myers processed the annexation of McClellan Park to the Sacramento
Foreign Trade Zone.
Mr. Myers originated EB-5 financing of $138 Million, using funds to repay bridge
financing and recapitalize the partnership structure for McClellan Park.
Arranged $20 Million of Tax Increment Financing
Formed the Sacramento Regional Community Development Corporation and
applied for receipt of a 2013 allocation of New Market Tax Credits for use in the
greater Sacramento MSA.
As Chief Financial Officer of McClellan Business Park, Mr. Myers
has arranged companywide financing, and various project specific