Mark Schultz Email & Phone Number

Irvine, CA, US

Irvine, California, US

• Business Partner: Finance, Accounting, Tax, FPA, raising debt/equity; 5 direct reports and 18 total FTE’s
• Restructuring: Reporting to CEO, restructured accounting department; hired 7 FTEs from junior to executive level
• Family Office: Cash planning, forecasting, tax planning; personal financial statements
• Integration: Initiated Concur; issued 5K K-1’s; oversaw 24 audits; streamlined reporting functions

Omaha, Nebraska, US

• Capital Raising: Raised $50M+ equity from HNW investors; raised $100M debt; met in person with HNW investors regionally to present pitch decks; introduced PACE financing to leverage/improve returns
• Business Partner: Managed accounting, finance, legal and investor reporting and relations; led conversion to Appfolio
• Development: Led a 267 unit multifamily project utilizing HUD’s 221(d)4 program

Newport Beach, California, US

Interim CFO for the Picerne Group to manage accounting, family office and finance groups (5K multifamily units). Other roles included CFO/COO for Lloyd Jones Capital specializing in value add multifamily/senior investments & development.

• Business Partner: Managed regulatory and debt reporting, hired new COO; developed new banking and consulting relationships; engaged agencies (Fitch/Moody’s) to establish credit rating
• Management: Restructured accounting department; hired new Controller/FPA; established KPI’s across multiple business lines; improved team development with cross training; established accounting procedures and processes
• Cost Savings: Managed investment portfolio of $700M; restructured fees and investment criteria resulting in annual savings of $2M; revised benefit programs resulting in reduction in costs of $1M
• M&A / Growth: Led initiative acquiring senior projects while overseeing development of 500 new units; increased revenues by $25M, AUM $125M
• Integration: Automated financial reporting systems eliminating 2 FTE’s; installed Ultipro payroll system
• Restructuring: Led consulting study of PACE program and initiated a 30 “point” initiative resulting in annual $8M operating losses reduced to zero; completed comprehensive IT review, eliminated and upgraded systems.

Residential mortgage company and investor/developer company for retail projects in Southern California

• Business Partner: Working with CEO sold a 40 property joint venture with a REIT recouping original equity investment during great recession; member of Acquisition Committee; led new development, acquisitions and.
• Management: Promoted to Director of Real Estate in addition to CFO; led management of property operations
• Growth / M&A: Acquired $400M of discounted non-performing bank debt with IRR of 50%; equity partner with Starwood Capital, $125M private equity to acquire 50 commercial and residential properties; led team on.
• Restructuring / Cost Savings: Restructured accounting department; hired new Controller and eliminated 8 FTE’s saving $1M annually; completed review of portfolio insurance requirements and reduced fees by $300K
• Finance & Accounting: Managed tax planning, risk management, cash forecasting and treasury functions
• Integration: Led forensic accounting study, reissued prior financial statements while installing new YARDI software

• Business Partner: Closed multi-billion-dollar discounted note business and settled all international currency transactions while minimizing tax liability
• Business Development: Selected by CEO to structure a senior living development platform in Japan
• Finance & Accounting: Managed accounting, finance, IT and asset management of a $1B office project in Los Angeles

• Business Partner: Member of the Board of Directors (BOD) and Acquisition Committee
• Strategy & Growth: Initiated 1M SF Sears Distribution acquisition for mixed use retail development in Los Angeles and acquisition of 50 acres of land in Carson, CA including structuring bond financing for a potential.
• Finance & Accounting: Originated $200M construction loans for new retail development; managed accounting, cash forecasting, tax planning, and risk; closed $100M of private equity investments with Rockwood Capital.

Originated debt, primarily Fannie Mae, Freddie Mac and Bridge loans on multifamily properties. $1.5B originated.

Mba, Finance

Cpa, Accounting

Bachelor Of Business Administration - Bba, Accounting