John Oster Email & Phone Number

Rochester, New York Area

Rochester, New York Area

Rochester, New York Area

Rochester, New York Area

Scouted new markets for future multi-family developments, including vacant land, infill housing, and historic rehabs. Worked with local and state governments to determine needs and come up with creative solution to housing issues (PA and NY). Analyzed demographic data to identify future market demand for different income bands and age cohorts. Reviewed third-party reports, including appraisals, environmental reports, and market studies. Presented to governing bodies regarding planning, zoning… Show more Scouted new markets for future multi-family developments, including vacant land, infill housing, and historic rehabs. Worked with local and state governments to determine needs and come up with creative solution to housing issues (PA and NY). Analyzed demographic data to identify future market demand for different income bands and age cohorts. Reviewed third-party reports, including appraisals, environmental reports, and market studies. Presented to governing bodies regarding planning, zoning, and financing applications. Collaborated with many stakeholders, including local and state governments, non-profit and for-profit developer partners, architects, contractors, attorneys, accounts, investors, and lenders. Applied for funding from numerous local, state, and federal financing agencies including all grant writing and administration of funds post award. Negotiated with lenders and investors to secure favorable terms for developments. Educated development partners on pertinent deal points and the overall development process. Created project development and operating budgets. Monitored budgets and project timeline during construction, and addressed any issues that arose. Show less

San Francisco Bay Area

Worked with potential borrowers to collect due diligence materials. Determined best product and source of funding for the client's situation. Underwrote pre-development, acquisition, construction, bridge, and permanent loans from five different loan pools. Performed thorough credit analysis on borrowers including loan sizing, risks and mitigation, borrower financial statements, appraisals and environmental reports, board capacity, and debt service coverage. Presented credit analyses to loan… Show more Worked with potential borrowers to collect due diligence materials. Determined best product and source of funding for the client's situation. Underwrote pre-development, acquisition, construction, bridge, and permanent loans from five different loan pools. Performed thorough credit analysis on borrowers including loan sizing, risks and mitigation, borrower financial statements, appraisals and environmental reports, board capacity, and debt service coverage. Presented credit analyses to loan committee for review and approval. Reviewed loan documents to ensure accuracy prior to closing. Provided support to loan administrator and program manager during loan closings. Managed outstanding portfolio of 50+ loans by providing quarterly financial condition and performance reports on borrowers and outstanding loans, including assessment of credit, market, and operational risks. Tasked with managing database and ensuring timely reporting for program analysis. Helped prepare New Markets Tax Credit funding applications. Show less

Rochester, New York Area

Underwrote potential projects. Worked with senior development team during construction and permanent financing closings. Reviewed LOIs and commitment letters from investors and lenders. Monitored construction to ensure compliance with budget and timeline. Applied to local, state, and federal agencies for funding.

Greater New York City Area

Collected due diligence for potential investments. Underwrote multi-family developments. Input information into database and ran reports for internal and external use. Prepared LOIs for equity investments. Toured sites prior to construction.