David Kurtz Email & Phone Number

Florida, United States

Chicago, Il, Us

Oversees all financial analysis, due diligence and underwriting of potential projects as well as property and asset management of Echo’s portfolio of assets.

Self manage portfolio of multifamily properties across the northside of Chicago.

Chicago, Illinois, Us

Miami, Florida, Us

-Manage a portfolio of distressed Financial and Real Estate assets from initial potential loan workout through foreclosure, stabilization and disposition to achieve above average returns for the investment fund.-Devise and execute investment-specific strategy for each individual asset through intensive management and aggressive marketing campaigns to reposition the property for maximum value within stringent timeframes.-Build rapport and proactively negotiate with non-performing borrowers to reach a resolution and streamline an exit strategy that maximizes investor return.-Hire, direct and motivate local third party Attorneys, Property Managers, Leasing Agents and Sales Brokers to increase property cash flow by reducing expenses, increasing occupancy and rental rates, and creatively identifying additional income generating opportunities.-Continuously monitor financial return of the assets and update strategy to achieve investment requirements.-Perform financial underwriting and due diligence analysis for potential acquisitions of commercial loans and properties across the country.

•Property Management- Oversee the management of growing 500 residential unit mixed-use portfolio, with additional 20,000sf of retail space, including all tenant relations, maintenance services and outside contractors/ vendors, throughout the north side of Chicago and northern suburbs.•Construction/Project Management- Manage construction and rehab work, including outside contractors/tradesmen on various units across portfolio from unit turnover to individual gut rehab of units.•Leasing- Oversee a team of 4 in-house leasing agents, while coordinating with outside leasing companies, ensuring all units are marketed, rental values are maximized, and vacancies are minimized.•Operations- Oversee the in-house assistant property managers, responsible for all tenant screening and selection, lease preparation, management and fulfillment, and general crisis management and coordination.

Aided in construction of multiple houses, at all stages of construction.Recruited numerous volunteers for both the Southern and Northern Illinios Chapters to assist with duties on site.

Calabasas, Ca, Us

-Experience in Sales, Leasing and Investment Analysis of Retail and Single-Tenant Net Leased Restaurant properties throughout the Midwest.-Proactively market listings through an aggressive local and national targeted marketing campaign, unique to the industry.-Negotiate with Principals, Brokers, Attorneys, Lenders and other parties to the transaction from initial prospecting, through due diligence, to final closing and transfer of the asset.-Research and analyze specific market and property information to determine Market Value of the asset.-Correspond with owners to provide regular updates throughout the marketing and escrow process.

-Represented ownership for 240,000sf Shopping Center in various responsibilities of management and operations including: Lease Negotiation, Property Management, Tenant Relations and Construction Coordination.-Assisted with Tenant Relations and Asset Management of Single Tenant Net Leased portfolio of Quick Serve restaurant properties located throughout the Midwest and Southwest regions.-Aided in Site Selection and Lease Negotiation work for National, Regional, and Local fast casual and quick serve restaurant chains expanding in various locations throughout the US including Chicagoland, the Southwest and the Southeast with additional regions planned.-Represented ownership in the analysis, acquisition and disposition of assets within various Real Estate funds. -Generated reports and correspondence to High-Net-Worth investors within the various portfolios and funds.Accomplishments include: -As Landlord representative, increased occupancy by over 20% in Shopping Center located in Southern Wisconsin.-Renegotiated and backfilled over 23,000sf of lease space within Shopping Center to new and/or expiring tenants.-Identified new markets and sites for the successful opening of 5 restaurants over the past 12 months with additional sites approved and pending.-Lead the $16.5 million refinance of a portfolio of 21 Single Tenant Quick Serve Restaurant locations.-Negotiated the Sale and Due Diligence of multiple Single Tenant Net Leased assets located in the Midwest valued at over $5 million.-Represented ownership on $160,000.00, 54,000sf interior demolition project to prepare space for new user.

Boston, Ma, Us

-Experience in Sales, Leasing, and Investment Analysis for numerous property types including: multi-family apartments, office, self-storage properties, and transitional land sales.-Closed on nearly $5 million in Sales transactions.-Significantly improved office efficiency through updated technology and streamlining daily activities.-Established systems for Information and Office management to allow better utilization of Owner’s time and contacts.-Concurrently acted as Office manager managing a staff of 1-2 employees in addition to Sales activities.

-Involved in numerous aspects of the architectural process from initial design, to overall completion.-Concentration on mid- and high-rise mixed use residential across the country. Accomplishments include: -Oversaw the completion of several projects by acting as project manager.-Brought in new business to the company for architectural services.

Mba With Real Estate Concentration, Business, Real Estate

Bachelors, Architecture, Business