Wallace "Bud" Smith - Vice President Facilities and Engineering
Wallace “Bud” Smith is Vice President of Facilities and Engineering. With more than 30 years of experience in institutional asset management and commercial real estate, Mr. Smith is responsible for bringing process continuity and quality to the building operational management component of YPI’s commercial portfolio on a nationwide basis. Mr. Smith’s extensive knowledge in facility management and engineering, coupled with his capability to analyze a building’s infrastructure, accelerates the firm’s current progress to achieve world-class operating standard and 6-sigma efficiency for all of YPI’s assets.
Prior to joining Younan Properties, Mr. Smith served as Senior Vice President of National Operations for one of the most respected and diversified service firms in the United States - Lincoln Property Company (LPC). For more than 18 years, Mr. Smith was responsible for developing a national program for LPC-owned and third-party management contracts including bundling power, negotiating retail and free-wheeling contracts. In addition, Mr. Smith is the co-founder of Lincoln University, an educational program that teaches asset managers, property managers and corporate level engineers in energy conservation methods and engineering principles. Mr. Smith also is the author of numerous articles that have been published in various trade magazines including District Heating and Cooling and American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE). He is also licensed as a class “C” chief engineer in the state of Minnesota. His past memberships include Sheet Metal Workers International and International Union of Operating Engineers.