Associate Asset Manager Resume Connecticut - Hire IT People

SUMMARY

Highly motivated, results - oriented finance professional with excellent communication and multi-tasking skills and a high aptitude for developing creative solutions to positively impact operational performance.

PROFESSIONAL EXPERIENCE

Confidential, Connecticut

Associate Asset Manager

Responsibilities:

Provide support and asset management to the NYC and Puerto Rico portfolio of 248 LIHTC properties including asset management for NYCHA portfolio.
Analyzed and review quarterly and annually the financial data for quarter end reporting and year end reporting for investor updates and Regulatory companies.
Work with Senior Asset Manager to identify, evaluate, and mitigate risk factors as it pertains to investor equity.
Coordinate with developers and management companies to analyze data during stabilized and lease - up phases in order to report to investors and lenders.
Audit and review tenant files during annual site visits to ensure compliance with LIHTC regulations.
Perform annual inspections of properties to assess building conditions and compliance with investor requirements.
Established viable relationships with project sponsors, lenders, property management companies, and accountants within the affordable housing sector.

Confidential, New York

Analyst (Asset Management)

Responsibilities:

Real Estate asset management analyzes income statements, conduct benchmarking analysis, and create optimal ways to minimizing expenses seeking to implement loan workout/restructuring strategies.
Asset management of residential multifamily assets, commercial and hotel asset management.
Prepare, review, and manage all hotel accounting daily journals, bank deposits, cash flow and financials on REO Hotel assets
Screening of new deals mortgage requests and market analysis for Commercial and Multifamily assets.
Oversight for the existing loan and hotel portfolio including, operational analysis, management company interaction and supervision, approval of major decisions, capital expenditure strategy and approvals, leases, contract negotiations, budgeting/forecasting and key decisions with REO hotel management.
Executing strategic asset management oversight of a diverse portfolio of hotel assets, and REO loans.
Assist in developing successful strategies and decisions relative to ADR’s RevPAR, occupancies, and daily expenses
Collect market data and maintain database of all factors affecting markets and submarkets for each hotel and/or portfolio, including demographics and changes in supply and demand.
Write Quarterly investor updates for CDOs and prepare valuations for quarterly and annual reporting for Publicly Traded REIT

Confidential, ueens, New York

Real Estate Finance Analyst

Responsibilities:

Managing and budgeting monthly, quarterly, yearly revenue/ expenses for multifamily, Commercial Assets, and hotel assets, and forecasting future cash flow projections including payroll analysis.
Acquisition analysis, lease negotiations, leases analysis, budgeting quarterly revenues and expenses for commercial real estate assets.
Hospitality Room Revenue and Food & Beverage revenue forecasting and budgeting for full service hotel assets.
In - depth knowledge from pre - phase construction to completion phase of high rise construction projects in NYC.
Knowledge of local and state sales tax audit/ franchise audit, accuracy of financial data for corporate purposes.
Gather information on new investments and development opportunities in the New York Metro area, including finding new sites through brokers, auctions and or other development companies and doing independent market research.
Assist and take lead in meeting and preparation of Investment Committee presentations supporting recommended investment activities, prepare if necessary Joint Venture and loan request packages to various investment partners.
Perform discounted cash flow analysis on various land development, building acquisition, debt and joint venture financing opportunities relating to retail, Commercial, multifamily, & hotel projects.
Team up to administered and management of multifamily residential assets of the portfolio overseeing the development of financials, budgeting current and future budgets.