Dave Conway Email & Phone Number

Cleveland/Akron, Ohio Area

I am an experienced Real Estate Executive. A large part of my career has focused on market rate, multi-family apartment communities with an emphasis on operational improvements, new construction and major renovations, budgeting and partner negotiations. I have also held positions in financial analysis, general accounting, and internal audit. I am currently seeking new and challenging roles. I can be reached through LinkedIn or at daveconway440@gmail.com

Cleveland/Akron, Ohio Area

Promoted to lead 17 Forest City managed assets in three separate markets in OH, MD, and MI representing luxury high-rises, multi-use facilities, and conventional residential housing. Managed multi-million dollar portfolio. Reported to Senior Executive Vice President.• Developed affordable housing (765 units) focused on the underserved senior population and created relationships with third-party health and wellness providers.• Supervised reposition of several assets in the market place improving occupancy and rental rates.• Managed major renovations in multiple communities including project scope, design elements, and construction.• Created, evaluated and managed RFP process and submitted for executive approval achieving cost containment. • Secured LEED status for each new building achieving corporate sustainability initiatives.• Led disposition of assets held by five outside managed partners including partner sale, asset swap, or third-party transaction. • Co-leader for acquisition and disposition of a 322 unit luxury senior living complex in Florida generating significant multi-million dollar proceeds for a solid return.• Led team to change 20+ entities from partnership to tenant-in-common structures representing a tax savings of $16 million.• Convinced partner to purchase revenue management program resulting in increased rental income.• Influenced partner to purchase utility revenue sharing program recovering significant utilities costs.• Provided Forest City presence at city, county, and state meetings to obtain necessary permits.• Negotiated and led transaction for sale of three office buildings in Cleveland, OH as part of a corporate disposition plan.• Led sale transaction of vacant land in Cleveland, OH for multi-million profit.• Negotiated sale of 869 luxury units to Hyatt generating significant proceeds. • Met quarterly with executive leadership ensuring Sarbanes-Oxley compliance in relation to outside managed portfolio.

Cleveland/Akron, Ohio Area

Newly created position developed by executive ownership to oversee outside managed partnerships and new business segment focused on senior living with a portfolio valuation of $900 million. Reported to Senior Executive Vice President.• Piloted creation of a company to purchase, develop and manage 12 luxury senior living communities with 1,525 units in NY, CT and PA. Created accounting, policy and procedure and reporting infrastructure in collaboration with outside partnership. Reviewed financials and negotiated contract of acquisition of five properties valued in the millions. Partnered with team for the design, permit, and build of 7 facilities. • Conducted monthly operational and financial review for cost control and revenue growth.• Created annual budgets, quarterly projections, and 5-year forecasts for outside managed properties.• Completed regular site visits to all properties for evaluating competitive landscape, facility management reviews, health & safety, and general facility operations. • Established corporate office in NY and conducted the recruiting, hiring, onboarding and training of professional staff including CFO, President, and Senior Accountant.• Worked with Forest City Corporate IT to develop customized financial and operational reporting.• Planned pre-leasing up to stabilization of properties achieving near 100% occupancy.• Negotiated sale of senior living segment for significant multi-million dollar profits.

Cleveland/Akron, Ohio Area

Recommended and promoted by corporate ownership in a newly created position for financial oversight and owner representation of three luxury independent, assisted living and memory support care facilities managed by the outside management group, Classic Residence by Hyatt. Represented FC at partnership meetings for review of annual budget, strategic operations, and physical assets.• Served as key partner in the building of a 310 unit, multi-million Yonkers, NY facility Conducted regular meetings with contractors and outside management group. Consulted with contractor reviewing change orders, timeline, status updates, and local inspections.  Developed pre-leasing strategy determining marketing and advertising to meet 15% signed leasing agreements. Oversaw and monitored the lease-up and stabilization of the property achieving near 100% occupancy. • Conducted quarterly reviews with partnership determining new and innovative strategies for adoption.

Cleveland/Akron, Ohio Area

Promoted to oversee a team of four financial analysts responsible for monthly reporting, forecasting, preparing annual budgets, and completing the annual audit package for external audit firm for approximately 30 properties. Provided consultation with outside auditor to complete annual year-end financials. • Served as lead financial representative on the Forest City team for first bankruptcy filing Worked with internal and external attorneys, executive leadership and court appointed receiver  Negotiated a cash access agreement to continue funding monthly operation of the property. Provided monthly financial documentation and reconciliation justifying expenditures. • Completed associate hiring, onboarding and training. • Conducted site visits to properties in Detroit, MI, Cleveland, OH and Washington DC to create forecasts and budgets.