Jade Stone Email & Phone Number

Washington Dc

• Works with the acquisition team to review potential property purchases. • Oversees the development of annual operating budgets and evaluates ongoing performance. Works with property management to identify potential synergies among properties, highlights opportunities, and implements required corrective actions.• Prepares all investor and lender reporting (monthly, quarterly, annually) with an emphasis on quality analytics of each property’s financial and operational performance tailored to satisfy the requirements of each investor. Works with property management to develop appropriate performance indicators and assists in decision making.• Works with Institutional Limited Partners to satisfy all reporting requirements and coordinate responses to inquiries.• Reviews monthly financial and operational results to ensure proper accounting practices and treatment. Reconciles accounting reports to financial statements as needed. Educates and trains property management personnel regarding proper coding of financial activity. Provides input on capital improvement projects, building renovations, tenant buildout, leasing activities, marketing initiatives, revenue enhancement alternatives, and expense management.• Prepares analysis and support of property valuations.• Assists in the development of renovation project scopes, timelines, budgets, and contract review and monitoring. Hands-on responsibility for the preparation of construction draws (both lender and equity).• Prepares cash forecasts and distribution analyses.• Coordinates and leads portfolio reviews with management.• Strategic, proactive focus on revenue optimization, ancillary income identification opportunities, and tracking.• Mines portfolio and 3rd party data to convey clear, actionable insights to property managers to help maximize performance.• Ensures that properties are performing as budgeted.• Monitors controllable expenses and identifies areas of potential cost savings.

Washington, District Of Columbia, United States

• Oversaw the valuation process for fifty core commercial real estate properties in 30 different U.S. markets valued at $9.2 billion. • Served as the firm lead with the appraisal management firm in applying appraisal principles and concepts, resolving any conflicts that arose.• Monitored and reported on the status and progress of work to senior management, applying varied valuation approaches to a broad range of properties.• Researched and developed technical advice on complex valuation issues.• Reviewed financial models including the income approach, sales comparison approach, and cost approach in determining the overall value conclusion and highest and best for each asset.• Reviewed discounted cash flow models, waterfalls, and entrepreneurial profit calculations to ensure consistent and accurate presentation of complex deal structures.• Continually reviewed industry surveys, benchmarks, economic, and demographic trends using data from CoStar, ESRI, Real Estate Alert, Green Street, National Council of Real Estate Investment Fiduciaries (NCREIF), and Altus to provide best advice to senior management.• Calculated expected portfolio return impact and estimated expected value change (“handicapped”) for each asset and communicated findings via briefs to senior management.• Prepared and presented summary of quarterly valuation results for investment committee to explain, support, and defend the valuation opinions and the assumptions and methodologies used to support the conclusions.• Acted as the primary conduit for marketing efforts and shepherds all materials through legal and compliance.• Served as primary interface with internal and external auditors on asset valuations.• Processed all PRI/PNC contractual relationships through PNCs enterprise third party management system.

Washington, District Of Columbia, United States

• Maintained key aspects of the firm’s data infrastructure featuring all information relevant to financial reporting including leasing and occupancy, financial information, capital activity, construction activity, debt information, and valuation metrics for 100+ real estate properties across 48 different U.S. markets.• Reviewed quarterly appraisals and summarized valuation data for assets valued at $10 billion.• Served as technical authority on NCREIF initiatives to analyze and evaluate newly emerging guidelines to establish conformity with industry standards, and communicated those standards to the firm. • Calculated statistics, KPIs, and visual aids (charts and graphs) for investment reporting for dissemination to management team, board, consultants, investors, and prospective investors.• Reviewed portfolio information for due diligence requests (RFIs and DDQs) and ensured accuracy of responses prior to submission.• Utilized regulations, rulings, procedures, and policies to ensure SEC compliance.• Reviewed property-level cash flow projections and calculated and summarized fund-level cash flow forecasts for presentation to senior management.• Reviewed financial statements and rent rolls from joint venture partners.• Tracked data submission for Environmental, Social and Governance (ESG) sustainability initiatives. • Responsible for calculating fund-level statistics for consultant, investor, lender, and internal data requests.• Assisted in the composition of investor marketing materials, quarterly reports, white papers, and other fund publications, and participated in quarterly investor presentations.• Led years-long data governance overhaul and software implementation, ensuring that data source owners provided accurate data. Established and monitored key metrics to test and measure data quality and tracked progress. Worked with external software provider to build SQL reports that relied upon validation rules and definitions.

Bethesda, Maryland, United States

• Served as engagement lead on multiple engagements, taking responsibility for pre-engagement planning, execution, and final delivery of financial statements. • Supervised and reviewed the work of 1-4 associates on multiple engagements simultaneously while meeting client and investor deadlines.• Reviewed audit workpapers supporting audited financial statements.• Performed government compliance test work for FEMA .• Experience preparing agreed-upon procedures engagements, cost certifications, and partnership tax returns.• Regularly interacted with quality control and partner review to resolve audit and disclosure issues.• Clientele included affordable housing funds, historical tax credit funds, and new market funds.

Chattanooga, Tennessee, United States

• Assisted on audits, prepared financial statements, and prepared business and individual tax returns.• Prepared the following tax returns: 1040s, 990s, 1120s, and 1065s.• Clientele included contractors, small businesses, non-profit organizations, and government entities.

Chattanooga, Tennessee, United States

• Assisted on audits and prepared financial statements.• Prepared the following tax returns: 1040s, 990s, and 1120s.• Clientele included non-profit organizations, individuals, and small businesses.

Master Of Professional Studies, Real Estate Development And Finance, 3.967

B.S., B.S. Accounting & B.S. Finance (Double-Majored

Activities and Societies: Member of Mortar Board National Honor Society Member of Beta Alpha Psi Accounting ClubActive alumni and Mocs.

A.A., Economics

Activities and Societies: Member of Phi Theta Kappa National Honor Society