Louis Devos

Louis Devos Email and Phone Number

Senior Vice President of Property and Commercial Asset Management at Woodmont Properties. @ Woodmont Properties
Louis Devos's Location
Fairfield, New Jersey, United States, United States
Louis Devos's Contact Details

Louis Devos personal email

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Louis Devos phone numbers

About Louis Devos

■ RESULTS DRIVEN LEADER ■ MULTIFAMILY PROPERTY MANAGEMENT EXECUTIVEOver 25 years of progressive responsibility in the multifamily property management sector working for highly regarded public and private real estate owners. I have served at the Regional, Director and Executive levels with responsibility for owned and fee managed portfolios that have included 8300 apartment homes/47 properties. By remaining focused on the right balance between operations management and leading teams, I have established a consistent track record of significant year over year NOI growth while developing direct and indirect reports.SELECT LEADERSHIP ABILITIES AND HIGHLIGHTS:■ Associate Growth/Satisfaction - Led cross-functional team through analysis and change of company regional/on-site bonus structure and Key Performance Indicators. Evaluated new hire on boarding process and augmented the program to provide increased quality and depth of training.■ Change Management/Continuous Improvement - Designed and implemented strategies to restructure administrative processes that resulted in significant economies of scale and reduced delinquency. Led team in drafting operating procedures for rent control properties that reduced liability and opened surcharge opportunities. ■ Overcoming Challenges/Exceeding Expectations – Collaborated with cross-functional team to drive successful renovation strategy. This culminated in 1500 apartment homes being renovated one year ahead of partnership schedule. Exceeded forecasted yield targets in down economy for New Jersey developments valued at $127 million. Have overseen disposition of multiple communities at lower than market cap rates.■ Deep and Diverse Industry Knowledge/Proven ability to quickly understand unique characteristics of new markets - New York/New Jersey metro, Washington DC metro, Richmond VA metro, Charleston SC and Savannah GA market experience │All asset types and classes │ Acquisitions│Development/Lease-ups │ Dispositions │ Renovations │ Due Diligence│Management take over

Louis Devos's Current Company Details
Woodmont Properties

Woodmont Properties

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Senior Vice President of Property and Commercial Asset Management at Woodmont Properties.
Louis Devos Work Experience Details
  • Woodmont Properties
    Senior Vice President Of Property And Commercial Asset Management
    Woodmont Properties Jul 2024 - Present
    Fairfield, Nj, Us
    As Senior Vice President of Property and Commercial Asset Management, Louis oversees a diverse portfolio of multi-family and commercial properties. His responsibilities include ensuring the highest levels of service, resident/tenant experience, and profitability. Additionally, Louis acts as the Asset Manager for all owned and non-managed multi-family properties, and continues to participate as a key member of the Senior Executive leadership team, contributing to long-term strategic planning.
  • Woodmont Properties
    Vice President Of Property Management
    Woodmont Properties Jun 2015 - Jul 2024
    Fairfield, Nj, Us
    Oversee a growing multifamily portfolio which consists of class A Garden and mid-rise product in the North and Central New Jersey and Eastern Pennsylvania markets.
  • Bell Partners Inc
    Regional Operations Manager
    Bell Partners Inc 2013 - Jun 2015
    Greensboro, Nc, Us
    Initially requested by Bell Partners to temporarily direct operations for their Maryland and Delaware portfolio during a period of transition within the company. This resulted in an expanded, full time role where I currently oversee a portfolio consisting of class b, market rate communities in the Dover Delaware, Baltimore Maryland, Richmond Virginia, Charleston South Carolina, and Savannah Georgia markets. ■ Serve as direct contact for Owners. Coordinate information flow and processes across functional groups for all operational activity. ■ Have transitioned challenged portfolios to ones that meet or exceed Bell/Owner expectations. This is accomplished through an immediate focus on excellence in basic operational standards, while identifying and maximizing areas of opportunity. ■ Operational lead for challenging dispositions and management takeovers.
  • Morgan Properties
    Area Vice President Of Property Management Operations
    Morgan Properties Mar 2009 - Mar 2013
    King Of Prussia, Pa, Us
    Oversaw diverse multifamily portfolio of up to 47 residential properties in New York and New Jersey. Assets varied from class A mid-rise product with structured parking and retail, to age restricted luxury mid-rise product, to class B/C high rise/garden product which was either market rate or rent controlled. Oversaw and provided support to a Regional Executive team, whose main focus was to ensure the best possible teams managed the properties. Select accomplishments include:■ Increased year over year NOI by an average of 4.0% through implementation of revenue management software and expense reduction initiatives.■ Restructured entire region through implementation of best practices after large acquisition. ■ Drove successful renovation strategy throughout the portfolio which culminated in 1500 apartment homes being renovated one year ahead of partnership schedule.
  • Avalonbay Communities, Inc
    Property Management Portfolio Operations Director
    Avalonbay Communities, Inc 2005 - Jan 2009
    Arlington, Virginia, Us
    Oversaw multifamily portfolio of residential properties in New Jersey which included high rise, mid rise, garden, market and affordable rate. Mentored, managed and developed up to ten direct reports including two executive level managers. Led development, redevelopment and acquisition teams to meet and/or exceed company objectives. Select accomplishments include:■ Increased year over year NOI by an average of 5.3%.■ Designed and implemented strategy to restructure onsite administrative processes. This initiative resulted in improved efficiencies, payroll cost savings, reduction in delinquency. The success of this pilot aided in the implementation of a company-wide centralized accounting and customer service center.
  • Avalonbay Communities
    Property Management Portfolio Operations Manager
    Avalonbay Communities 1999 - 2005
    Oversaw multifamily portfolio of residential properties in the Washington DC market which included high rise, mid rise, garden, market and affordable rate. Mentored, managed and developed up to eight ten direct reports. Led development and acquisition teams to meet and/or exceed company objectives. Select accomplishments include:■ Functioned as lead executive for $1 million relocation program involving 700+ households in Arlington VA. The success of this program paved the way for two new development communities totaling 943 units.■ Investigated benefits of centralized leasing call centers and presented findings to senior management. As a result, all communities started to be serviced by a center for sales calls as well as a 24 hour maintenance call center.
  • Avalonbay Communities
    Senior Property Manager
    Avalonbay Communities 1996 - 1999
    Led leasing, financial, and maintenance teams to achieve budget and customer service goals for four high-rise residential apartment properties in the Washington DC metro market. Selected to represent Avalon Communities on the merger integration team during the Avalon and Bay Communities merger.
  • Avalonbay Communities
    Property Manager
    Avalonbay Communities 1995 - 1996
    Led leasing, financial, and maintenance teams to achieve budget and customer service goals for a high-rise residential apartment community in the Washington DC metro market.

Louis Devos Skills

Property Management Apartments Real Estate Budgets Leases Contract Negotiation Management Team Building Leadership Real Estate Development Disposition Lease Administration Marketing Customer Service Yardi Negotiation Landlords Acquisitions Strategic Planning Real Estate Economics Dispositions Due Diligence Fair Housing Customer Satisfaction Real Estate Transactions Property Training Commercial Real Estate Operations Management Tenant Financial Analysis Expense Management Change Management Asset Management Lease Ups Executive Management Redevelopment Analysis Revenue Forecasting Renovation Rent Control Mentoring Associate Development Visionary Goal Setting Maintenance Management Organizational Development Lro Vendor Management

Louis Devos Education Details

  • American University
    American University
    Psychology
  • The George Washington University - School Of Business
    The George Washington University - School Of Business
    General
  • South Kent School
    South Kent School
    General Studies

Frequently Asked Questions about Louis Devos

What company does Louis Devos work for?

Louis Devos works for Woodmont Properties

What is Louis Devos's role at the current company?

Louis Devos's current role is Senior Vice President of Property and Commercial Asset Management at Woodmont Properties..

What is Louis Devos's email address?

Louis Devos's email address is lo****@****ies.com

What is Louis Devos's direct phone number?

Louis Devos's direct phone number is +197331*****

What schools did Louis Devos attend?

Louis Devos attended American University, The George Washington University - School Of Business, South Kent School.

What are some of Louis Devos's interests?

Louis Devos has interest in Skills, Or To Maximize Resident Satisfaction.

What skills is Louis Devos known for?

Louis Devos has skills like Property Management, Apartments, Real Estate, Budgets, Leases, Contract Negotiation, Management, Team Building, Leadership, Real Estate Development, Disposition, Lease Administration.

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