Michael Bergh Email & Phone Number

Waleska, Ga, Us

New York, New York, United States

Weighed many opportunities before deciding to re-enter the workforce. This firm, Lafayette RE, is the best decision I ever made. Better culture, leadership and management by far. My initial project was to create a complete, operating, Transaction Management platform for 1x1 acquisitions. The platform we initiated was created by a transaction developer which we customized. The goal to launch was October, but it was completed ahead of schedule. Shortly after, I was privileged to add two fantastic totally remote Transaction Coordinators. Both with strong & diverse backgrounds that know how to work, get the job done, and be leaders to propel the company to greater heights. The initial software platform developed was sunsetted by year end so, as a strongly united team, we developed a replacement platform which was more complex, but also more comprehensive in its' operational capacities. As a result, we can compete with the best of them and do even more.

Greater Atlanta Area

Work closely with real estate partners to establish efficiencies and standard methodologies tomarket homes. Analyze market data metrics to optimize listing price and days on market metrics. Evaluate incoming offers for individual properties, determine counter-offers and handleinspection period items. Establish listing price and price adjustment strategies to optimize & maximize portfolio return.

Greater Atlanta Area

Underwrite SFR's which includes purchase and sale pricing, reviewing renovation estimates and general property characteristics, providing insight and analysis to the Market Teams. Evaluate ROI, analysis of upgrades and define market conditions influencing values & marketing times. Work closely with Asset Managers and the Field Teams on price adjustments during Due Diligence periods or closing processes of acquisitions in resale. Responsible for verification of AV pricing, initial pricing & final pricing .

Marietta, Georgia

Duties included Asset Manager, Acquisition Operations Manager, Dispositions, Transaction Manger and assisted with Property Tax & HOA. Developed the Transaction department operations.

Alpharetta, Ga

2.1B from assessment cycle, payments, due diligence, lien research & validations withina proprietary, Excel based, software platform. Clients are a mix of national builders,banks, capital markets & REITS. Responsible for staffing which including hires, reviews,training, cross-training, planning, HR compliance and implementing increases andbonuses within budgets. Construct property tax projections for clients tax accrualsapplying varied economic models. .Appeals: Assumed managerial oversight of the Appeal Department to hire a CertifiedGeneral Appraiser, experienced Assessor Commissioner staffer and contracted marketdata resources (CoStar, MLS & FMLS) to define values for client’s properties.Implemented data scrapping to capture client’s Assessor tax data and co-chaired withAppeals Director to implement 3rd party vendors for markets restricted by mandatorycertifications. Client’s appeals portfolios cover 27 states within 128 jurisdictions.Managed on-time filings and coordinated with Appeals Director/Attorney for hearingschedules and settlements at the informal & formal levels.

Oakland, Ca

Property Tax: Remotely managed a staff of 8 responsible for 16,500 assets. Departmentwas responsible for 85 jurisdictional payments on installments, benefits by early paymentdiscounts, and YOY assessment deltas that triggered review for appeals. Teamed withcompany IT architect to redesign fields within Salesforce/Compass system for increasedefficiencies, coordinated new reporting formats, re-structured accrual projection methods(for SOX compliance) for reporting and implemented comprehensive appeal protocols tomaximize tax relief. Vetted vendor Property Tax software platforms and recommendedmost comprehensive, cost efficient, systems by constructing Cost Benefit Analyses.Acted as Project Manager for all phases of integration.HOA: Analyzed complete HOA process from Acquisition to Leasing. Re-structuredCompass fields for tracking and ensuring HOA’s were identified and complete. Approvedpayments, supervised internal HOA personnel and re-structured monthly HOA accrualprojections.

Chicago, Il

Investment Analyst/Underwriter for Chicago Metro acquisitions. Analyze & verifyprojected values (ARV’s), market rent analytics (1 year stats of Proforma vs. ActualRents within $300), verify Buyer’s CapEx projections, review Construction estimates(Scopes), review external influences & functional utility on market values and liquidity.Provide final determination for acquisition’s Highest & Best Offers, define projectedProperty Taxes/Appeals for application to initial underwriting, apply median incomesstatistics to minimize vacancies & rental defaults. Responsible for Livability &Functional Utility training for field personnel. Conducted field inspections and workclosely with all Acquisition personnel, Construction team, Leasing & Marketingdepartments. Work closely with outside legal counsel regarding property tax appealprojections & analytics. Negotiated a 50% reduction is property tax attorney fees.Provided management reporting to determine impacts of Proforma vs. Target ROI.

Chicago, Il

Independent Contractor conducting appraisals defining ARV (As Repaired Values) &projected rents for acquisitions. Identified new markets, absorption ratios,marketing/exposure times and created reporting mechanisms for upper management.Worked in Salesforce cloud & provided in-depth MLS data analysis.

Chicago, Il

Helped organizations plan the future development of their business. Analyzed their clients' business environments and researched market trends and political, economic and social developments that could impact them in the future.

Lombard, Il

Identify and analyze real estate investment opportunities, review financing options andnegotiate with lenders, investors, asset managers and real estate agents/brokers.Underwrote property acquisitions: including comprehensive market research, definingabsorption times and foreclosure ratios/inventory, predominant financing and currentlyapplicable financing programs & methods, obtained and negotiated contractor bids forR&R, defined holding costs/times, property tax impact studies, constructed financialstatements/projections, reviewed property surveys and Title searches/reports. Conducteddetailed on-site property inspections and reports. Determine DCF and IRR for incomeproperty acquisitions. Performed due diligence on properties acquired through Short Sale,REO and wholesale properties sold to investors.

Las Vegas, Nv

Patented medical soft good orthotics for back & spine patients. Traveled to China & the Phillipines for manufacturing and Pan-Asian distribution.

Las Vegas, Nv

Responsibilities included negotiating commercial & equipment leases, implementation of computer & telecommunication networks, client development/relations/correspondence and employee/staff appraiser technical training. Hired, managed (schedules, promotions, reprimands & terminations) & reviewed staff and outsourced appraisers for compliance to company and regulatory guidelines, QA/QC. Developed internal operating policies & procedures. Conducted inspections for high profile properties.

Chicago, Il

Independent Real Estate valuations covering Northern Illinois for mortgage brokers, wholesale lenders, banks & attorneys. Scope of work included: expert testimony, eminent domain, ad valorem & easement disputes, estate valuations, partial releases, compliance inspections and scattered site development analysis. Worked with local & county Planning, Zoning, Right-of-Way, PUC, FEMA, EPA. Reviewed engineering reports, blueprints for retrofit and new construction, developed Project Analysis on newer developments and demographic/feasibility studies. Commercial/Industrial appraisals & financial analyses for major Lenders.

Elk Grove Village, Il

Executive Program, Interviewing, Management & Leadership, Executive Training

Activities and Societies: Middle management courses

General Studies, Honors

Activities and Societies: Orchestra, Jazz Band, Marching Band, Brass Choir