Michael Silberman Email & Phone Number

Los Angeles, California, US

• Responsible for day to day operations of the firm including: Deal Sourcing, Due Diligence, Debt Financing and Asset Management. Oversees Element's more than 5,000 units in various stages of renovation, as well as.
• Element focuses on value-add workforce housing opportunities that generate returns via near term cash flow, physical repositioning and market growth.

Fort Worth, Texas, US

• Led the transactions team for all acquisitions and dispositions nationally, covering eight states.
• Completed 20 acquisitions between 11 separate markets totaling ~$700 million.
• Responsible for debt placement at acquisition, closing nearly $500 million in loans.
• Doubled the size of the portfolio while purchasing well-located properties with strong current returns to investors.
• Interfaced with current and potential investors to raise money for future acquisitions.
• Developed renovation budgets with national construction team.

Irvine, CA, US

• Charged with managing overall acquisition process from property identification, initial proforma and market analysis, to due diligence, debt procurement and closing.
• Tracked portfolio performance, as well as market activity in target markets of Washington, Oregon, Utah and Northern California.
• As acquisitions velocity slowed during the recession, focused on completing refinances and loan extensions/modifications with existing lenders, and increased oversight of property operations focusing on lease rates and.
• Prepared financial analysis for institutional investors and commercial lenders, and was responsible for quarterly investment and operating updates to equity investors.