Vice President Of Asset Management
Rait Financial Trust
Greater Philadelphia Area
Responsible for repositioning, stabilizing and disposing of commercial real estate assets across the United States.• Developed and implemented an ancillary income platform for a 15,000-unit multifamily portfolio which generated income and savings more than $2 million dollars.• Performed business development for the lending and property management divisions.• Responsible for all facets of third-party client relationships including leasing, property management, reporting, communication, and asset management.• Responsible for Leasing strategy, broker oversight and lease negotiation for all managed assets.• Led and managed a team of over 35 in-house and third-party property management personnel.• Managed all aspects of strategic planning, lease negotiations, restructuring, workouts, and rebranding for assigned Loan and REO portfolio. • Directed and implemented a $15 million capital improvement, rebranding and redevelopment plan for a 640,000 sf enclosed retail shopping mall.• Utilized legal experience to manage outside counsel on legal proceedings throughout Rait’s $5.4 Billion of assets under management, including complex commercial litigation, foreclosures, bankruptcy proceedings, guarantor actions and workout