Vice President, Director or Asset Management Resume Example

Operations Management

• Created Asset Management department; revising analysis and reporting mechanisms utilizing existing accounting staff and fully implementing accounting/management software capabilities.
• Spearheaded water savings initiative on 9 properties reducing consumption by more than 30% resulting in savings of over $116K thus increasing property values in excess of $1.3M ($2K/unit).
• Led revenue enhancing strategies resulting in direct rent increases on a number of properties as well as growth in ancillary income of 35% across the portfolio.
• Recruited fee management business of over 700 units, establishing relationships with developers expected to result in another 500+ fee-managed units in the next two years.
• Leader of Organizational Development Team; initiating development plans for individual employees, and promoting team work through cross-functional teams.

Acquisitions and Development:

• Complete oversight and management of the recapitalization of properties through HUD's mark-to-market program. This portfolio of 26 properties and 1263 units was funded with $30M of new debt with property rehabs totaling $3.8M.
• Directed first Low Income Housing Tax Credit (LIHTC) in ALCO's portfolio. Directly managed six Tax-Exempt bond/LIHTC recapitalizations generating $6.2M in tax credit equity, $5.3M in rehab funding, and $1.5M in developer fees.
• Recently completed ALCO's first two "Green" initiative debt restructuring deals; $4.8M in debt financing and $1.75M in "green" physical improvements.