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Specialties: Section 42 Compliance, Due Diligence Processing, Fair Housing Compliance, Marketing Program Implementation
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Senior Vice President, Equity ClosingsMerchants Capital Jan 2024 - PresentCarmel, In, Us -
Vice President, Tax Credit Equity ClosingsMerchants Capital Apr 2021 - Jan 2024Carmel, In, Us -
Avp, Fha Loan ProcessingMerchants Capital May 2020 - Apr 2021Carmel, In, Us -
Avp, Closing CordinatorCrea, Llc Apr 2018 - Apr 2020Indianapolis, Indiana, Us -
Senior Closing CoordinatorCrea, Llc Jan 2017 - Apr 2018Indianapolis, Indiana, Us -
Closing CoordinatorCrea, Llc Mar 2015 - Jan 2017Indianapolis, Indiana, Us -
Senior Asset ManagerCrea, Llc Jan 2015 - Mar 2015Indianapolis, Indiana, UsIn addition to Asset Manager duties - Review, research and provide recommendations to Committee for approval of the proposed Management Companies as part of due diligence on new projects. Train new staff on the Asset Management team and ensure consistency in our operations. -
Asset ManagerCrea, Llc Jan 2012 - Jan 2015Indianapolis, Indiana, UsProvide oversight of properties in portfolio by collecting and analyzing data on a monthly, quarterly, and annual basis.Assess property and partnership risk factors including items related to compliance with Section 42 provisions, terms of the partnership agreements, loans and insurance.Determine annual tax credit amount and calculate actual first year credit delivery. Cross reference with projections and guarantees in the partnership agreement to determine any upward or downward adjustments in equity.Monitor draws on the construction loans and process equity draws in accordance with the partnership agreements and manage the disbursement of equity for developer fees, and reserve account funding.Monitor compliance with terms of partnership agreement, including construction completion guarantee, permanent loan conversion, DCR, and tax credit delivery.Annually conduct site visits for potential issues property compliance reviews and physical inspections and follow compliance issues, deferred maintenance, or health and safety conditions. Watch list projects are visited more often.Review the annual operating budget for each property for performance in comparison to original projections and evaluate trends.Communicate with General Partners to ensure timely submission of tax returns and audits.Maintain project documents and collect and enter database information in the Investor Portal and Internal programs. -
Vp Property Management, Area Manager, Community ManagerH Jul 2002 - Jan 2012Supervise operation of 12 communities with approximately 950 units. Indianapolis, INConduct site visits and implement plan of action to improve any deficiencies notedEnsure consistency in our operations throughoutReview, provide recommendation and assist in preparation of updates to policies and procedures. Lead in the implementation and set up on new acquisition properties.Responsible for Human Resources activities, staffing and training at the properties.Ensure expenditures are within the budgets for each property.Assist in determination of need and execution of Capital improvements.Answer requests from the Indiana Department of Workforce DevelopmentLIHTC and HOME Compliance oversight on all propertiesPrepare and submit Annual Owner's Certification of Compliance to the state agencies Ensure successful REAC and MOR inspections for HUD funded projectsProven success turning apartment "projects" into "thriving communities" for both the resident and the investor.
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Property ManagerOakwood Management Company Nov 2001 - May 2002Reynoldsburg, Ohio, UsThree phases totaling 432 total units, 144 of which were new construction lease up.Consistent enforcement of an effective collection programBudget control through effective oversight of expendituresImplemented marketing programs and employee motivation reward programs.Through many perfect "secret shopper" scores, I earned designation in the "Gem Club". -
Site ManagerIntermark Management Corp Apr 2001 - Oct 2001350 unit acquisition rehab Section 42 community.Worked with Section 8 Vouchers and the inspection process associated with the program.Responsible for all functions of the community, excluding cutting checks for the payables. The management company was in South Carolina, and did not have other properties in the state. Operated the project under extreme financial hardship with success maintaining and gaining residents. -
Community ManagerAimco Apartment Homes Oct 2000 - Apr 2001Denver, Colorado, UsManage all facets of 224 unit market rate property.Duties included customer service, vendor relations, scheduling, budget control, leasing and marketing, resident retention, and curb appeal.Finished the first Quarter of 2001 in the top 5% of the region in increased CNOI -
Auditor, Leasing, Manager, Regional In TrainingBigelow Management Inc Jul 1994 - Oct 2000Managed sites with 350 to 450 units. Regional and Auditor positions covered 6 properties with 1800 units.All management systems were manual. Service Request, Rent Ledgers, Availability Reports.Conducted audits of all resident accounting, resident files, market ready units, curb appeal, OSHA adherence and liability issues for my regionMaintained no less than 93% occupancy during my tenures as manager.Oversaw reconstruction and small lease up of 24 fire-damaged units. Regained 100% occupancy of those units within 7 days. Professional Designations and Certifications: CAPS - Certified Apartment Portfolio SupervisorDesignation through the Nation Apartment AssociationAll-encompassing property management HCCP - Housing Credit Certified ProfessionalDesignation through the National Association of Home BuildersTax Credit specialty (LIHTC)NCP-Exec - National Compliance Professional, Executive Level achieved by passing exam at 97%Designation through Housing Credit CollegeTax Credit Specialty (LIHTC)AHM - Assisted Housing ManagerDesignation through Quadel ConsultingHUD-subsidized multifamily housing specialtyNational Crime Free Multi-housing CertificationCertified by; Crime prevention techniques including removing physical barriers and deterrence at application
Lori Kocevar Skills
Frequently Asked Questions about Lori Kocevar
What company does Lori Kocevar work for?
Lori Kocevar works for Merchants Capital
What is Lori Kocevar's role at the current company?
Lori Kocevar's current role is Senior Vice President, Equity Closings.
What is Lori Kocevar's email address?
Lori Kocevar's email address is nk****@****ail.com
What is Lori Kocevar's direct phone number?
Lori Kocevar's direct phone number is +131763*****
What skills is Lori Kocevar known for?
Lori Kocevar has skills like Property Management, Fair Housing, Real Estate, Apartments, Lihtc, Leases, Real Estate Development, Investment Properties, Section 8, Tax Credits, Affordable Housing, Property.
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