Eric Bialke Email & Phone Number

Minneapolis, Minnesota, United States

* Oversee all areas of Joint Venture Real Estate Division* Executive Team Member

Minnetonka, Minnesota, United States

Investor / Partner - Bialke Allstate Insurance Agency https://bialkeinsurance.com/

Greater Minneapolis-St. Paul Area

Helping local developers/builders/real estate firms execute their strategies and achieve profitabilityCash Flow Modeling | Market & Product Feasibility | Due Diligence Underwriting | Equity & Debt Sourcing | Investment Structuring | Land Acquisition

Responsible for real estate equity origination, deal structuring, and relationship management of builder/developer equity JV partnerships across the United States. Key contributor to executive level growth strategy of investment platform. Voting member of Asset and Land Committee at top 50 US Home Builder prior to sale of the company in 2017. Responsible for sourcing $250+ million in capital placement across 5 national markets resulting in $300+ million net profits to investors. ACCOMPLISHMENTS:* Sourced investments with top 150 national builders and developers contributing to $1 billion origination platform * Managed underwriting process of investment acquisitions including all aspects of due diligence, financial valuation and presentation to investment board for approval* Negotiated terms sheets and partnership agreements with real estate partners * Managed executive level relationships with builders, developers, and brokers across national markets* Designed underwriting and approval process for company and select real estate partners * Continuous market research to determine optimal geographic locations for real estate investments* Assisted partners with creation of project business plans with annual reviews maximizing partner/investor IRR and cash multiple returns* Authored investment books and negotiated sale of assets to achieve targeted investor returns * Worked with national lender relationships to leverage investments enhancing returns

Responsible for growing REO group in infancy stage to 8 person team managing $2 billion of debt/equity real estate investments across national markets. Drafted key management and valuation policies of platform. Directly responsible for $200+ million of real estate sales above internally set valuation targets. ACCOMPLISHMENTS:* Oversight of key REO management areas including asset possession, legal mitigation, financial projections, and strategic plan execution for each asset to maximize return to investors * Negotiated contracts and managed all aspects of sales process with real estate partners * Reviewed financials and covenants to ensure solvency and compliance under lending agreements* Worked with local jurisdictions to mitigate engineering, permit and entitlement issues

Responsible for due diligence and underwriting of real estate investments across $7 billion debt, equity, model home and resort financing platforms. Group had investments with 60 of the top 200 national home builders/developers. Worked closely with relationship managers to oversee cash flow modeling and IRR analysis of individual investments.ACCOMPLISHMENTS:* Authored board of directors packages and investor relations presentations * Supported loan officers and relationship managers with investment management* Analyzed real estate metrics/market indices to define investment parameters and risk mitigation strategies * Managed economic capital and treasury reporting

Responsible for managing annual budgeting process of $7 billion real estate business unit of GMAC ResCap. Business Unit representative and corporate liaison for strategic planning committee of $100 billion parent company GMAC ResCap. ACCOMPLISHMENTS:* Worked with business divisional executives optimizing capital allocation and risk adjusted returns* Developed, measured, and tracked key operating metrics for division business units* Managed distribution of monthly forecasting package to executive leadership* Analyzed project profitability of divisional product revenue streams

Bachelor’S Degree, Accounting; Emphasis In Finance

Education record

Education record