Patrick Fenner Email & Phone Number

Cleveland, Oh, Us

Cleveland, Ohio, Us

Cleveland, Ohio, Us

Manage the operations of several class A medical office buildings nationwide Report directly to ownership, with often daily communication on strategy, spending decisions, tenant matters, etc. Work alongside the Asset Management Team closely on acquisitions and dispositions, taking care of all tasks required with onboarding, arranging contracts, assisting with underwriting, leasing assumptions, etc.Direct several third-party property managers in various markets on the day-to-day oversight of all assetsPrepare and implement the annual operating budgets, working with ownership on CAPEX and leasing assumptionsProject management of several TI and CAPEX projects annually, ranging from $25k-$1MMOversee the architects and contractors with respect all projects from start-to-finish - to include plan review, contract execution, progress decisions, and close-out inspections - securing AIA documents, lien waivers, etc.Help the Transactions Team and local brokers on all leasing efforts with respect to renewals and new deals Review the bookkeeping of all assets within Yardi – directing the Accounting Team in the matters of budget implementation, rent collection, monthly financial reporting, and year-end CAM reconciliations.Support outside legal counsel on all matters - to include acquisitions/dispositions, collections, and settlements

Jacksonville, Florida, Us

Fiscal management of all properties within assigned territory including maintenance of AR/AP, managing operating expense control, completion of budgeted items for capital improvement plans, and assistance in preparing budgets including monthly and annual financial reportsManaged all aspects of physical performance of properties including inspections, signage approval through local ordinances, collection of tenant improvement paperwork, and soliciting bidsAssisted in establishing and maintaining rapport with tenants and vendors to ensure highest level of satisfaction Provided operational oversight pertaining to issues such as tenant transition, processing of assignments, collectionof rent relief application paperwork, and billing collectionsCoordinated management of tenant improvements to ensure tenant construction was completed on-schedule

Cincinnati, Oh, Us

Oversaw project financing that leveraged a variety of funding including historic tax credits and TIF amounts Completed property opening and closing procedures in adherence to company policyDirected new and existing project contracts including competitive bidding and property work requestsSupervised future real estate investments - including utility monitoring, repair bids, legal compliance and reporting Managed and prepared yearly operating budgets for 3CDC-owned, -leased, or –managed propertiesPromoted and handled high quality, multi-contract maintenance program for the Over-the-Rhine business district Supported development and implementation of annual capital repairs and Capital Improvement PlansRegulated leasing of 3CDC properties for use as restaurant, retail, office, and residential establishments Monitored POS systems and established yearly PCI compliance for Fountain Square and Washington Park Administered pre-development process of 3CDC-owned real estate assets from early acquisition

Cleveland, Oh, Us

Performed financial analysis to support complex multi-million-dollar credit requestsParticipated in due diligence of corporations and significant stakeholdersCompiled pitch book material and data for credit and debt facility pitchesModeled future financial performance of prospective clients, specifically downside scenariosPrepared thorough analysis reports identifying industry concerns, market share trends, and financial trendsSupported Portfolio Managers with approvals regarding lending commitments, amendments and waivers to credit facilities, and monitored the financial performance of multiple portfolio companiesCreated pro forma financial statements through staying abreast to market and company-specific developments Analyzed SEC filings and information obtained through private bank meetings and lender presentations