Severin Quaranta Email & Phone Number

Rancho Cucamonga, CA

• Development project manage financial restructures and resyndications on existing poorly performing properties
• Prepare and update financial proformas as terms and information change, while maintaining financial feasibility
• Refinance permanent debt turn operations positive
• Collaborate with leadership and operations to identify candidates for financial restructuring

Rancho Cucamonga, California

• Provide portfolio and strategic recommendations to address issues related to the financial performance of the property, capital planning or operational issues to property management and senior leadership
• Identify Watch List properties and work with Property Management personnel to prioritize issues and develop action plans to address them
• Prepare projections and work to increase cash generated from operations for payment of sponsor debt, fees and cash flow distributions
• Create and calculate annual owner distribution calculations by interpreting partnership and loan documents
• Prepare breakeven/debt service test reports and work with perm lender to ensure conversion at the full committed loan amount on time
• Played a role in successfully completing the buyout of a limited partner in 20 deals by interpreting partnership and loan documents and working through gaining consents with all necessary partners and partner-agencies

Irvine, California

• Provide financial analysis, evaluate KPI’s, present quarterly status reports, and provide recommendations for watch list properties
• Create annual strategic plans during the budgeting process
• Perform physical and file inspections of communities and prepare report of findings
• Monitor lease up process to ensure critical benchmarks are met by the managing agent
• Collect and prepare due diligence required for lender construction/rehab conversions
• Establish compliance matrix for each property and monitor all reserve funding and partner distributions and payments

Anaheim, CA

• Consult on property operations in order to protect and ensure the long-term viability of portfolio assets and optimization of payments on outstanding seller notes, deferred developer fees, and other payments in.
• Coordinate strategies for financing or purchasing existing properties completing their 15 year tax compliance period
• Perform site visits to properties; inspecting physical condition of buildings and figuring out where to make capital repairs/replacements
• Implement new policies and procedures for the Asset Management function
• Supervise and monitor the day-to-day/month-to-month effectiveness of property management’s operations
• Prepare reports and perform analysis to proactively identify potential loan delinquencies and revenue losses

Irvine, CA

• Interpret and communicate verbal and written analysis of monthly and quarterly financial statements
• Facilitate the process of gaining documents and assembling Capital Contribution packages
• Calculate and determine Pricing and Timing adjusters in Capital Contributions
• Engage in communication with asset managers and general partners regarding different issues in the Capital Contribution process
• Analyze and verify accuracy of year-end audits
• Calculate Return to Owner fees using extensive formulas in MS Excel

Irvine

• Formulated market analyses for proposals to gain potential clients
• Developed strategic marketing efforts to generate prospective clients
• Performed market research to help dictate what future clients’ needs will be and to improve current procedures
• Generated market comparables to formulate current market prices
• Managed inventory from ordering supplies to verifying order accuracy and delivery
• Coordinated supply orders and negotiate prices resulting in a large savings for the company

Manage the team's roster to increase organizational efficiencyTeach fundamentals and tactics to improve knowledge of the game