Nick Weddle Email & Phone Number

Leawood, Ks, Us

Overland Park, Kansas, United States

Overland Park, Kansas, United States

Responsibilities:• Execute and recommend modifications to the property level business plans in order to maximize investment return for client;• Assess property performance relative to original underwriting or budget, competitors, and market conditions;• Critique/track and approve operating budgets;• Review property operating statements to evaluate underlying performance• Review of and/or analysis of property operations including Sponsor and property management… Show more Responsibilities:• Execute and recommend modifications to the property level business plans in order to maximize investment return for client;• Assess property performance relative to original underwriting or budget, competitors, and market conditions;• Critique/track and approve operating budgets;• Review property operating statements to evaluate underlying performance• Review of and/or analysis of property operations including Sponsor and property management company• Highlight potential issues and concerns for client, then make appropriate recommendations. Recommendations include hold/sell analysis, property management evaluation (or replacement), and renovate (or stop renovating) based on market returns• Review and analyze loan modification and refinance opportunities• Conduct property site inspections and market research• Interact with property management companies, onsite property management staff, Sponsor and client representativeReporting:• Review weekly leasing report and follow up with property management and Sponsor accordingly• Review monthly reports prior to submittal to client• Prepare, update and approve quarterly cash flow projections (re-underwrite) and asset narrative reports• Prepare quarterly property level valuations, which includes third party appraisal review on a rotating basis• Most importantly, participate in preparation and presentation of quarterly asset reviews to client partnersMarket Awareness:• Maintain broad overview knowledge of major markets (trends, drivers, rents, values, etc.) to support sound assessment of property operations. Make appropriate recommendations (renovate vs. don’t renovate, etc.) Show less

Overland Park, Ks

Overland Park, Kansas

In this position, my responsibilities include:- Understanding the regulations, guidelines, and policies that govern the Agencies.- Reviewing loan documents, policies and procedures and Agency Guide.- Using industry guidelines, processes and policies to collect and analyze quarterly and annual operating statements, balance sheets, cash flow statements, tax returns and occupancy reports.- Traveling as required: Meeting with borrowers, guarantors, property… Show more In this position, my responsibilities include:- Understanding the regulations, guidelines, and policies that govern the Agencies.- Reviewing loan documents, policies and procedures and Agency Guide.- Using industry guidelines, processes and policies to collect and analyze quarterly and annual operating statements, balance sheets, cash flow statements, tax returns and occupancy reports.- Traveling as required: Meeting with borrowers, guarantors, property managers, etc. to conduct physical inspection/assessments on all loans within the assigned portfolio, and reporting findings accordingly.- Monitoring assigned portfolio in order to ensure compliance with specific requirements pursuant to contractual servicing agreements. Instituting and administering directives involving changes in servicing standards (i.e. establishing and implementing new technologies for reporting property inspections and financial analysis). - Performing intensive loan servicing for those loans designated by investor or servicer as not meeting their standards for performance. Intensive servicing typically involves in-depth physical inspections/assessments, comparable financial analysis, market analysis, cash flow auditing, sponsor analysis, and administering rehabilitation/repair agreements. - Completing comprehensive loan reviews by specific scheduled dates and presenting the reviews to a Credit Committee. - Developing Action Plans for any loans that are not meeting established standards for overall property performance and report these plans on specific, scheduled dates to the investor. - Working with borrowers, assumptors, legal counsel, internal production, underwriting and closing personnel, investors, and other outside parties to negotiate, document and close proposed transactions.- Generating income through transaction fees and the timely collection of late charges and default interest.- AND MORE! Show less

Overland Park, Ks

Overland Park, Ks

Overland Park, Ks

Overland Park, Ks

- Performed supporting functions for the insurance, tax, escrow analysis, document control and delivery teams.- Ensured all UCC documents were up to date and filed correctly.- Inputted and updated data from various sources into core servicing systems supporting various functions across the operations department.- Generated system reports and letters that monitored delinquencies for both tax parcels and insurance policies.- Executed searches to find and account… Show more - Performed supporting functions for the insurance, tax, escrow analysis, document control and delivery teams.- Ensured all UCC documents were up to date and filed correctly.- Inputted and updated data from various sources into core servicing systems supporting various functions across the operations department.- Generated system reports and letters that monitored delinquencies for both tax parcels and insurance policies.- Executed searches to find and account for missing documents including, but not limited to UCCs, mortgages, assignments, etc. Show less

- Received, disbursed, and accounted for up to $5,000,000 cash used for any variety of missions.- Organized and executed missions out of the country to move hundreds of thousands of dollars in cash to support operations downfield. - Processed non-judicial Navy Court Hearing Punishments by creating and submitting all legal paperwork required and reducing pay entitlements as needed.- Handled unauthorized absentees by processing all required paperwork and providing… Show more - Received, disbursed, and accounted for up to $5,000,000 cash used for any variety of missions.- Organized and executed missions out of the country to move hundreds of thousands of dollars in cash to support operations downfield. - Processed non-judicial Navy Court Hearing Punishments by creating and submitting all legal paperwork required and reducing pay entitlements as needed.- Handled unauthorized absentees by processing all required paperwork and providing transportation for absentee back to his/her command.- Organized and spearheaded numerous fundraising and morale-raising events as President of Morale, Welfare, and Recreation.- Conducted part-time transient receipts and departures and set up proper pay entitlements and travel arrangements.- Managed student receipts and departures and established proper pay entitlements and travel arrangements. - Organized and led indoctrinate procedures for students and transient personnel. Show less

Bachelor Of Business Administration (Bba), Finance, General

Bachelor Of Business Administration (Bba), Entrepreneurship/Entrepreneurial Studies

Minor, Economics