Darius Barrett

Darius Barrett Email and Phone Number

Senior Investment and Advisory Manager @ Ebiara Fund
Detroit, MI, US
Darius Barrett's Location
Detroit, Michigan, United States, United States
Darius Barrett's Contact Details

Darius Barrett work email

Darius Barrett personal email

n/a

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About Darius Barrett

As a dynamic professional, I am a real estate developer, strategist, change catalyst, and fin-tech advocate, dedicated to driving innovation and growth in the real estate industry. With a strategic mindset and a deep understanding of market dynamics, I identify and capitalize on emerging trends, transforming ideas into profitable real estate ventures. Serving as a change catalyst, I am adept at implementing transformative strategies that push boundaries and redefine traditional approaches. By embracing technology and advocating for fin-tech advancements, I leverage digital tools and platforms to streamline processes, enhance operational efficiency, and deliver exceptional experiences to stakeholders. Passionate about creating lasting impact, I bring together my expertise in real estate development, strategic planning, and technological innovation to shape the future of the industry and drive positive change.

Darius Barrett's Current Company Details
Ebiara Fund

Ebiara Fund

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Senior Investment and Advisory Manager
Detroit, MI, US
Website:
urgeimprint.com
Employees:
3
Darius Barrett Work Experience Details
  • Ebiara Fund
    Senior Investment And Advisory Manager
    Ebiara Fund
    Detroit, Mi, Us
  • Urge Imprint
    Associate
    Urge Imprint Jun 2022 - Present
    Developed a comprehensive Pro Forma to assess the financial feasibility of a segmented 40+ acre site, comprised of various parcel sizes. Conducted in-depth analysis of programming, construction costs, and financial projections for over 2000 residential units and 100,000 square feet of commercial space. Utilized financial modeling techniques to evaluate revenue potential, expenses, and projected returns on investment. Incorporated market research and industry trends to inform assumptions and ensure accurate financial forecasts.Created a persuasive pitch deck to attract qualified co-developers. Highlighted the unique features and investment opportunities of the project, resulting in successful partnerships and collaborations. Collaborated with a team of architects, environmental consultants, and civil consultants to design and develop the infrastructure and vertical site programming for residential, commercial, and parking components.Demonstrated expertise in real estate development, financial analysis, regulatory compliance, and community engagement throughout the project lifecycle. Led the ownership team in meeting municipality requirements, community benefits ordinances, and development initiatives. Engaged with local authorities and addressed community concerns to ensure project compliance and gain necessary approvals.Played a supporting role in an adaptive reuse school project, involving the conversion of 40+ units and the construction of 60+ new units. Secured financial assistance through a 4% Low-Income Housing Tax Credit (LIHTC), contributing to the successful completion of the project.Supported the development of two new construction mixed-use buildings comprising 60+ units each, strategically located in residential communities. Played an integral part in creating vibrant, mixed-use neighborhoods that combine residential and commercial spaces.
  • Ebiara Fund
    Associate
    Ebiara Fund Jun 2022 - Present
    Assisted in the successful launch of an $11 million private equity fund aimed at supporting and growing B.I.P.O.C. (Black, Indigenous, People of Color) development firms in Detroit, MI. Leveraged industry relationships and developer acumen to provide technical assistance to clients regarding design, Pro Forma analysis, construction, and legal aspects of their projects.Led a team in underwriting and approving seven loans to development firms, totaling approximately $5 million, within the first 12 months of operations. Effectively managed the entire loan process from application to approval and closing, ensuring smooth and efficient operations. Collaborated with clients, underwriters, and loan officers to gather and analyze necessary documentation, assess creditworthiness, and evaluate loan feasibility.Hosted weekly introduction calls with seasoned and emerging developers to gain insights into the current market supply and demand dynamics. Underwrote and provided equity financing to B.I.P.O.C. development firms for multiple significant mixed-use development projects in Detroit totaling a $200M in economic impact.Expanded underwriting criteria to include accurate refinancing assumptions and evolved the investment memo to evaluate the development firm's capabilities, project viability, mission alignment, impact potential, and ability to repay. Collaborated with the technology team to establish a Salesforce dashboard for tracking key performance indicators (KPIs) and addressing deployment process bottlenecks.Successfully underwrote and received loan approval for a $150M historic adaptive reuse development project spanning approximately 560,000 square feet to support equity and working capital needs.
  • Ford Motor Company
    Connected Data Business Strategist
    Ford Motor Company Dec 2020 - Jul 2022
    Dearborn, Michigan, United States
  • Ford Motor Company
    Manufacturing Business Engineer
    Ford Motor Company Aug 2017 - Jun 2022
    Sterling Heights, Michigan
    Assessed over 40 manual and automatic stations to ensure workstation readiness compliance for the 8F57 powertrain launch. Conducted thorough evaluations and implemented necessary improvements to optimize production processes.Collaborated with manufacturing departments to identify areas of opportunity and prepare for ISO 9001 Audit. Worked closely with cross-functional teams to address compliance gaps and ensure adherence to quality standards.Assisted in the integration of new machining operations by conducting gage R&R analysis and machining capability studies. Provided preventative measures and recurrence analysis to mitigate potential failure modes in the 8F57 transmission assembly process.Successfully resolved temperature timeout faults, resulting in a significant reduction in downtime and increasing production jobs per hour from 17 to 22. Implemented effective solutions to optimize system performance and minimize operational disruptions.Coordinated activities among three departments, ensuring smooth operations and effective communication between teams. Managed a team of 18 tradespeople and provided training to 25+ operators on daily processes, ensuring adherence to safety protocols and quality standards.
  • Ge Oil & Gas
    Advanced Manufacturing Engineer
    Ge Oil & Gas Feb 2016 - Nov 2016
    Houston, Texas
    Achieved a significant milestone by decreasing quality escapes from 100% to 0% through the automation of BOP (Blowout Preventer) nameplate processes. Implemented innovative solutions to eliminate operator errors, ensuring consistent and error-free operations. This accomplishment was part of a Six Sigma Certification Project.Took the initiative to lead the research efforts for manufacturing inspection routers, overseeing the alignment of 50+ work centers and 50,000 inspection descriptions. The goal was to establish streamlined processes and data collection plans within the Oracle ERP system, enhancing operational efficiency and facilitating accurate data analysis.Conducted benchmarking activities for Oil and Gas Operating Standards (OGOS), identifying best practices and industry benchmarks. Implemented the findings to increase shop floor engagement, enhance visual management practices, and foster a stronger focus on safety, quality, and delivery within the organization.
  • Ge Oil & Gas
    Strategic Sourcing Leader
    Ge Oil & Gas Jul 2015 - Feb 2016
    Houston, Texas
    Implemented measures resulting in a 100% reduction of 3,000 unpaid and unassigned invoices, totaling in an $800k cost reduction. Achieved this by redirecting delivery locations and removing non-employee user accounts, effectively streamlining invoice management processes and improving financial efficiency.Led a team of five engineers in the development and implementation of a daily reporting software called "Tableau Spend Report." This software provided detailed insights into employer spending in emerging markets such as Mexico, India, and China, enabling informed decision-making and cost optimization strategies.Utilized the supplier data spend report to identify sole/single source suppliers, leading to the consolidation of spending across multiple suppliers. This consolidation effort resulted in obtaining a volume discount of one million, further reducing costs and enhancing purchasing efficiency.

Darius Barrett Skills

Microsoft Excel Engineering Time Management Powerpoint Microsoft Word Matlab Mechanical Engineering Manufacturing Fundraising Management

Darius Barrett Education Details

Frequently Asked Questions about Darius Barrett

What company does Darius Barrett work for?

Darius Barrett works for Ebiara Fund

What is Darius Barrett's role at the current company?

Darius Barrett's current role is Senior Investment and Advisory Manager.

What is Darius Barrett's email address?

Darius Barrett's email address is ba****@****msu.edu

What is Darius Barrett's direct phone number?

Darius Barrett's direct phone number is +131347*****

What schools did Darius Barrett attend?

Darius Barrett attended Michigan State University, Wayne State University.

What skills is Darius Barrett known for?

Darius Barrett has skills like Microsoft Excel, Engineering, Time Management, Powerpoint, Microsoft Word, Matlab, Mechanical Engineering, Manufacturing, Fundraising, Management.

Who are Darius Barrett's colleagues?

Darius Barrett's colleagues are Ciera Smith, Mba, Q. G. Love, Mba, Dylan Hengy, Charday Ward.

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