Jessica Stein Email & Phone Number

Hollywood

Miami, Fl

Proactively recruited to manage a portfolio of 250+ investment properties totaling more than $85MM in value and 250,000 square feet of commercial space. Oversaw all aspects of daily operations, financial administration, P&L, property management, property acquisitions, AP/AR, leasing operations, budgets, tenant and vendor relations, contract bids, security, capital projects and renovations. Emphasis on reducing annual property operating costs and optimizing ROI.Property Management▬▬▬▬▬▬▬▬▬▬> Successfully achieved investment objectives and sustained profitable growth for this diverse portfolio of properties.> Provided financial overview and leadership for major operating considerations. Evaluated financial statements (P&L) and other performance data to determine areas needing cost reduction and process improvement.> Active in property acquisition, due diligence and negotiations across the region. Managed purchase and sale agreement contract terms.> Formulated the initial and ongoing budget for the portfolio, as well as the property management plan. Developed all accounting, management, bidding, and vendor contracting procedures for commercial property management.> Implemented new property management software Rent Manager which increased portfolio visibility and enhanced reporting capabilities.> Accountable for all aspects of tenant relations, pre-marketing work, market analysis, appraisals, pricing, MLS listings, executing contacts, and closing to liquidate properties expeditiously and seamlessly. > Implemented cost saving initiatives in insurance, maintenance, staff, vendors and utilities. Consistently improved NOI on an annual basis on all properties managed.***Continued below

Miami, Fl

Construction Management▬▬▬▬▬▬▬▬▬▬▬> Accountable for site coordinating and scheduling of all field staff and subcontractors and monitored performance to ensure that work was performed on time and to the quality required by the Contract Documents. > Developed/maintained productive working relationships with clients, city officials and sub-contractors.> Conducted contract negotiations with subcontractors including scope of work, timeframes, custom options and pricing, and site improvements. Reviewed and approved all subcontractor requisitions and invoices on projects for payment. > Consistently met project deadlines and budgetary requirements with the highest quality standards.

Fort Lauderdale, Fl

Managed lease up of the South Florida branch for startup private equity portfolio growing from to 0-3000+ properties in the first years of operation with a book value exceeding $400M. Successfully built Property Management division. Recruited, hired, trained and managed a team of high performing area coordinators, leasing staff and maintenance personal.Residential Property Management▬▬▬▬▬▬▬▬▬▬▬▬▬▬> Emphasis on enhancing and maximizing the value of the owner’s investment and turning around a sale as quickly as possible. > Worked closely with Leasing Team to successfully market and close leases on 25+ new properties per week.> Supervised rent collection, reviewed monthly lease renewals, and verified vacancies and deposits.> Approved all marketing materials, managed real estate brokers, negotiated business deal terms and negotiated legal documents.> Closely monitored monthly financials to ensure budget requirements were met.Construction Management▬▬▬▬▬▬▬▬▬▬▬> Oversaw capital projects including complete renovations, rehabilitations and building improvements.> Supervised the completion of all construction by engaging contractors and managing them including the inspection and completion of all work, and the evaluation of all contractor and subcontractor compliance and completion.> Monitored progress of projects and performed regular inspections to ensure that project plan including budget, schedule and quality are being maintained. Ensured conformance with project design and client expectations.

Fort Lauderdale, Fl

Managed the acquisition and disposition of real estate investment portfolio of 275+ REO properties assets valued at $100MM. Areas of accountability encompassed, purchase and sale agreement negotiations/oversite, asset management, market analysis/due diligence, permitting, feasibility studies, capital improvements, operating expense control, and maximizing NOI and cash flow.Acquisitions/Analysis/Evaluation▬▬▬▬▬▬▬▬▬▬▬▬▬> Key thought leader in evaluating real estate opportunities through conducting pro-forma analysis, cash flow modeling, and preliminary due diligence to evaluate properties including short sales, REO, wholesale, auctions, FHA 203k renovations, and 1031 exchanges.> Conducted complex negotiations to secure contracts and maximize return on investment transactions with buyers, sellers, agents, banks, mortgage lenders, investors, owners, property managers, and renovation vendors.> Managed feasibility studies for prospective acquisitions and prepared property summaries for senior management’s approval.> Monitored monthly property financial performance (P&L), identified budget variances, and ensured the timely completion of performance reports. > Maintained consistent knowledge of markets trends in order to provide recommendations to senior management of potential opportunities and risk profiles. #1 salesperson within first year of employment.

Fort Lauderdale, Fl

Hired to oversee on-site sales and management for new construction, luxury homes, and multifamily communities throughout South Florida ranging from $500k to $2MM. Involved in the entire sales process including marketing/advertising of property, initial consultation, showings/presentations, execution/negotiation of all contracts, closing on properties and customer satisfaction.> Created an extensive business plan to generate customer base through realtor networking, referrals, and trade shows. > Conducted in-depth competitive market analyses of activity, trends, and price, utilizing research and software platforms while gathering due diligence and financial data to meet clients' specific investment needs.> Organized meetings with local real estate offices to showcase the upcoming community to review preliminary floor plans, future site plans, features, and amenities.> Top Salesperson for 3 years, achieving average closing ratio of over 97% and selling over $50MM in real estate.

Hollywood, Fl

Hired by this premier real estate developer to manage 7 condo conversion properties responsible for advancing sales initiatives. Acted as a liaison between the customer and developer up to and including the closing.> Managed sales transactions by representing clients in contract negotiations, coordinating and reviewing due diligence and appraisals, as well as communicating between clients and 3rd parties to facilitate timely closings.> Consistently ranked as a top salesperson meeting/exceeding sales goals and outselling other reps by a significant margin.> Responsible for the sale and closing of 100% of the units in the condo conversion projects within 30 days.