Patrick Bruce, Cpm Email & Phone Number

Emory, Tx, Us

Dallas/Fort Worth Area

Dallas/Fort Worth Area

• Hired as a Regional Manager to turn around a 1200 unit property with serious performance issues, located in Lewisville, TX market. • 11% Year over Year income growth.• Increased occupancy from 90% to 94.3%. • Improved economic occupancy from 78% to 89%.• Lowered monthly delinquency from 10% to under 1%.• Oversaw $3.5MM exterior and $600K interior renovation of the asset since starting my position.

Dallas, Tx

• Hire, train, supervise, and evaluate performance of five Property Managers responsible for daily operations.• Portfolio consisted of 1200 units• Oversaw and managed nearly $6 million in rehabs for all communities.• Negotiated contracts with vendors to ensure best pricing.• Created monthly cost reports for owners detailing progress on interior and exterior renovations.• During renovation process increased NOI from time of purchase to October 2014 by 27%• Achieved year 2 proforma rent amounts within 8 months of ownership. All assets achieved year 3 proforma projections within 18 months.• Conducted regular weekly meetings with owners to go over property performance• Met with investors and ownership on a monthly basis.• Performed regular financial analysis throughout accounting month:• Reviewed monthly income statements with community manager and maintenance supervisor outlining areas for improvement.• Worked with property manager on a weekly basis to discuss overages and ways to keep general ledger categories in line with budget.• Prepared monthly consolidated reports for investment groups outlining portfolio performance.

Dallas/Fort Worth Area

• Hire, train, supervise, and evaluate performance of seven Property Managers responsible for daily operations.• Improved productivity, accuracy, and efficiency of Property Managers:• Developed workflow guide to explicitly state responsibilities and expectations.• Created customized reports to enable on-site staff to better track important information.• Standardized data entry on leasing software by establishing companywide policies to ensure information accurately reflects demographics, etc.• Ensured bank reconciliations were error-free by implementing new deposit procedures.• Developed efficient and comprehensive month-end closing procedure that was adopted companywide.• Assist in developing operating budget for each property; recommend cost control measures and monitor expenses.• Cut time spent on payroll, overtime, and administrative costs in half by bringing payroll function in-house.• Reduced errors and paperwork significantly by using advanced computer skills to replace manual system with electronic operation, including automatic calculations.• Develop customized marketing plans appropriate for demographics of each market. (For example, implemented 3-D postcards featuring upgrades and amenities to attract attention of potential affluent renters, create more basic promotions such as giveaways for less up-scale markets.)• Keep owners informed about all occupancy rates, major maintenance issues, marketing and advertising plans.

Texas Region

• Hire, train, supervise, and evaluate performance of seven Property Managers responsible for daily operations.• Portfolio consisted of 1300 class C units.• Improved occupancy to an average of 96% with an average gain of 5.75% throughout my portfolio and improved property cash flow by 3.62% from previous year.• Handled capital expenditure projects and discussed the ROI possibilities directly with owners of property.• Worked together with all property personnel outlining owner’s goals and objectives and devised ways in which meeting the goals benefited both the employees and owners.• Met with investors of property on a regular basis.• Worked one on one with onsite personnel training and reinforcing the correct policies and procedures.• Reviewed monthly financials and explained variances from actual to budget and devised a plan to improve areas in which there was an overage.

Norfolk, Virginia Area

Transformed production center from highest cost to run in company to least expensive.Streamlined entire production process to increase reliability and efficiency and reduce errors.Maintained daily communication with 20+ customers.Co-authored production manual and trained personnel in program use.

Ba, Advertising, 3.6

Undergraduate

Activities and Societies: Delta Tau Delta