Associate Asset Manager
Los Angeles, California, United States
• Prepared weekly reporting for various equity partners and led calls discussing strategy to achieve business plan.• Completed annual operating and capital budgets for 1,500 units, inclusive of modeling and P&L review to ensure accurate costs and revenues were used for projections. Conducted monthly budget variance reporting. • Worked with Acquisitions Team to purchase ~$560MM of assets. Inclusive of PF modeling & Due Diligence review. • Managed diverse range of capital improvement projects, coordinated with property staff, contractors, and cities.• Submitted future funding requests (loan draws) with lending partners. Process included actively managing budgets, reallocations, and providing updated reporting to lenders. Oversaw $50MM of capital flow.• Coordinated with the property management to ensure efficiencies were achieved in staffing, marketing, & leasing.• Procured bids and completed bid comparison analyses for capital projects, inclusive of contract review.• Conducted quarterly ESG review of portfolio to monitor progress & create additional goals.