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Bryan Rasche is a Accounting Manager at Third Millennium Group. He possess expertise in yardi voyager, argus modeling, microsoft office, due diligence, gaap and 22 more skills.
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Accounting ManagerThird Millennium GroupChicago, Il, Us -
Director - Asset ManagementEq Office Dec 2022 - Feb 2024Chicago, Illinois, Us• Managed strategic analysis for sixteen office assets totaling more than six million square feet located in the Midwest, east coast and west coast.• Collaborated daily with Blackstone, Revantage, property management team, JV partners and leasing and construction teams in order to make informed decisions based on financial analyses. Presented analyses and recommended next steps to EQ Executives and Blackstone counterparts.• Oversaw real estate cash flow models to support acquisitions, dispositions, repositionings, debt refinancings and debt restructurings• Served as the lead transaction manager for four closed asset sales, working closely with external brokers on opinions of values, offering memorandums and ongoing due diligence and signing off on all financials as well as closing documents.• Completed comprehensive market/asset review and debt restructuring decks for Blackstone Executives.• Monitored assets’ cash flows, capital spending, contributions/distributions, and budget comparisons on a monthly basis.• Assisted with preparation of annual budgets/business plans, market leasing assumptions, and capital expense spending.• Worked as a project manager to implement an aged receivables dashboard with a third-party consultant. This dashboard was used on a daily basis by EQ Executives and Blackstone to monitor percent of rent collected during the pandemic.• Supported the overall Argus Enterprise workstream for the team assisting with the quarterly and year end processes.• Informed strategic lease decisions through a variety of lease analysis to ensure deals are accretive to value of assets managed as well as in line with the overall strategic business plan.• Managed a team of four Analysts as well as completed numerous trainings for Blackstone and Revantage.• Monitored market trends by reviewing quarterly Broker materials as well as talking with local Brokers and touring markets -
Manager - Asset ManagementEq Office Jun 2019 - Dec 2022Chicago, Illinois, Us -
Assistant Vice President - Finance ManagerAlter Domus Feb 2018 - Jun 2019Luxembourg, Lu• Managed the preparation of quarterly and annual fair value financial statements using GAAP standards. Completed the reports of Heitman’s flagship core comingled fund with a net asset value of approximately $10 billion, including the consolidation, partners’ capital account statements and portfolio overview for the fund, as well as leading the annual audits. • Reviewed property managers’ monthly and quarterly financial packages and annual CAM reconciliations for accuracy. • Communicated with property managers and property accountants on a regular basis concerning different topics. • Have extensive knowledge and experience with the operations of the following property types: multifamily, industrial, office, retail, student housing, senior housing, hotel, and self-storage as well as mezzanine and senior loans. • Have extensive knowledge in simple and complex joint venture waterfall structures. • Supervised a team of four Senior Portfolio Accountants and Portfolio Accountants while monitoring their career development. • Assisted Senior Management in completing service level agreements for the relationship between Alter Domus and Heitman. • Calculated liquidated and projected IRRs and time weighted returns. • Calculated cash distributions, capital calls, line of credit draws, and asset fees for the fund. • Have extensive knowledge of REIT rules, including preparing and reviewing annual and quarterly REIT tests, as well as foreign tax requirements. -
Assistant Vice President - Finance ManagerHeitman Jun 2013 - Feb 2018Chicago, Illinois, Us• Managed the preparation of quarterly and annual fair value financial statements using GAAP standards. Completed the reports of Heitman’s flagship core comingled fund with a net asset value of approximately $10 billion, including the consolidation, partners’ capital account statements and portfolio overview for the fund, as well as leading the annual audits. • Reviewed property managers’ monthly and quarterly financial packages and annual CAM reconciliations for accuracy. • Communicated with property managers and property accountants on a regular basis concerning different topics. • Have extensive knowledge and experience with the operations of the following property types: multifamily, industrial, office, retail, student housing, senior housing, hotel, and self-storage as well as mezzanine and senior loans. • Have extensive knowledge in simple and complex joint venture waterfall structures. • Supervised a team of four Senior Portfolio Accountants and Portfolio Accountants while monitoring their career development. • Calculated liquidated and projected IRRs and time weighted returns. • Calculated cash distributions, capital calls, line of credit draws, and asset fees for the fund. • Assisted Asset Managers on the preparation and review of annual budgets, annual meeting materials, and business plans. • Assisted in preparing and reviewing hold/sale analysis as well as investment briefs for dispositions and other significant asset events such as underwriting changes and debt refinancings. • Assisted in reviewing closing statements and prorations of acquisitions and dispositions of assets. • Prepared and analyzed quarterly internal valuations as well as worked with third party appraisers in discussing their assumptions that were used in external appraisals. • Have extensive knowledge of REIT rules, including preparing and reviewing annual and quarterly REIT tests, as well as foreign tax requirements. -
Senior Portfolio AccountantHeitman Dec 2009 - Jun 2013Chicago, Illinois, Us -
Portfolio AccountantHeitman Jan 2007 - Dec 2009Chicago, Illinois, Us
Bryan Rasche Skills
Bryan Rasche Education Details
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Purdue UniversityAccounting
Frequently Asked Questions about Bryan Rasche
What company does Bryan Rasche work for?
Bryan Rasche works for Third Millennium Group
What is Bryan Rasche's role at the current company?
Bryan Rasche's current role is Accounting Manager.
What is Bryan Rasche's email address?
Bryan Rasche's email address is br****@****way.com
What schools did Bryan Rasche attend?
Bryan Rasche attended Purdue University.
What skills is Bryan Rasche known for?
Bryan Rasche has skills like Yardi Voyager, Argus Modeling, Microsoft Office, Due Diligence, Gaap, Financial Accounting, Real Estate, Variance Analysis, Finance, Valuation, Portfolio Management, Financial Analysis.
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