David Busch Email & Phone Number

Denver, CO, US

Remote

Greater Denver Area

• (Strive Communities) A TPG private equity owned manufactured housing investment and management company with significant portfolio concentrations in the Midwest, Western US & Texas and major platform improvements.
• Advised executives, board of directors and ownership in platform and portfolio strategies from startup through exit including the seed investment transaction, shared services agreements, management company split.
• Assisted private equity partner in disposition underwriting and assisted investment bank in marketing the sale of the Strive Communities real estate portfolio and management company.
• Underwrote valuations of major portfolio transactions including a 21 asset disposition and a 95 asset and management company disposition.

Denver

• Architected, implemented and managed all FP&A processes including annual planning with a monthly rolling model, annual G&A forecasting, capital planning, and monthly variance reporting.
• Developed FP&A modeling and reporting assets utilizing advanced Excel methods (including VBA), Power BI (SQL and OLAP), and custom functions within the Yardi ERP.
• Expanded business intelligence through development of reporting (i.e. daily and monthly operating KPI’s, financial statement review, G&A review, consolidated cash flow analysis) and proposal for implementation of.
• Established treasury management tools via creation and review of a mid-term cash flow forecast resulting in the discovery of liquidity risk in 2019 which was resolved with a $124M refinance.
• Created and managed monthly operating report and quarterly board of directors meeting reports.
• Collaborated with human resources and operations leadership in annual staffing plan / payroll expense forecast, annual compensation proposal review, and quarterly & annual bonus proposals.

Louisville, Colorado

• (Real Capital Solutions) A highly entrepreneurial real estate company that invests in value-add opportunities striving for and achieving high risk-adjusted returns with $2.5B in total acquisitions over 35 years and.
• Assisted in the management of the development portfolio with $186M in work in progress including $165M in multifamily communities and a $21M Senior Living Facility.
• Managed underwriting of $295M in development and build-to-suit investments with creative capital sources across various asset types including multi-family for sale and for rent, corporate and R&D offices, land.
• Standardized underwriting and performance tracking models and created new reporting processes for quarterly and annual reporting.
• Continual reforecasting of work in progress assets for change management and sale negotiations.
• Created investment offering memorandum for management, lenders and equity partners.

Louisville, Colorado

Denver, CO

• REIT platform that builds funds with national footprints. During employment period, the company managed Industrial Income Trust (liquidated in 2015 via $4.6B merger), Industrial Property Trust (aggressive acquisition.
• Managed cash and interest expense for two industrial REITs with over 400 assets through the use of $1.9B in credit facilities used to execute aggressive acquisition strategy.
• Developed cash balance and purchasing power forecasting model which was utilized in closing the $4.6B merger and equity sale of the Industrial Income Trust REIT.
• Modeled and underwrote office, industrial and retail assets for request for financing proposals including two major financings ($65M MetLife loan for a power retail center in northern DC suburb and a $70M TIAA loan for.
• Assisted in procurement of term loans, credit lines and swaps for floating rate debt.

Denver, CO

O'Hare Airport, Chicago, IL

PAVING ENGINEERSelf Perform Concrete Paving Operations (June 2011- August 2013)- Assisted superintendent with strategy, work movement, and scheduling multi-year projects- Estimated and tracked $50M budget for concrete paving across multiple and concurrent projects- Reported efficiency and costs to estimating department directly impacting future project.

Project engineer for small projects division of Detroit based construction company

Master Of Business Administration (Mba), Real Estate Finance & Investment

Activities and Societies: NAIOP Rocky Mountain Challenge 2015, ULI Hines Student Competition 2015

B.S., Civil Engineering