Solomon Berger Email & Phone Number

New York, New York, United States

• Spearhead the entire acquisitions process from sourcing deals, underwriting, touring, submitting offers, managing the due diligence process, DHCR review, and ultimately pushing the properties through closing.• Develop a business plan for each property in our pipeline including ground-up development, value add, JV partnerships and present the highest returns for each deal.• Implemented a corporate underwriting process for Holliswood, consisting of a dynamic detailed financial analysis containing a dashboard, sources and uses, monthly and annual cash flows, loan sizing, sensitivity tables, and an equity waterfall.• Redeveloped Holliswood’s equity marketing materials, resulting in potential partnerships with institutional capital and international investors.• Further advanced underwriting and deal marketing by introducing deal memos, consisting of market data, project business plan, and key deal metrics, allowing investors to understand key parts of every deal.

Westport, Connecticut, United States

• Constructed financial models using Microsoft Excel that compared different developments in the pipeline. • Conducted market research to validate assumptions, driving optimal due diligence for senior management to pitch capital partners. • Identified and worked to complete capex projects of 17 assisted living facilities.• Built general floorplates and building envelopes for development opportunities.

Cedarhurst, New York, United States

• Acquired properties leased to USPS throughout the country; over $100M in acquisitions.• Hired inspectors, contractors, interviewed onsite employees, and contact taxing authorities to aid with the due diligence process for over 300 properties. • Performed market research on properties to assist with acquisitions and lease negotiations to maximize rental income, by using online resources such as Costar and talking with local real estate specialists in the area.• Lead the dispositions of vacant properties in the portfolio, resulting in the removal of 50% of the negative income properties to minimize operating expenses for these assets.

Rockville Centre, Ny

• Performed weekly upkeep of properties, to ensure all safety standards are met and tenant satisfaction.• Prepared vacant spaces for realtors and tenants as needed, maximizing client experience for a possible tenant, by ensuring that the space is clean and updated.• Processed online listings for properties typically resulting in leasing vacant spaces within two months, minimizing revenue loss.• Performed administrative duties for the portfolio, including bookkeeping, lease negotiations, and tenant relations.• Acted as project manager on all capital improvement projects, hiring and coordinating vendors.

New York, New York

• Contacted new and existing clients to broker available deals, resulting in 10 new residential and development listings for the firm.• Organized walk-throughs of properties throughout the five boroughs with clients, building relationships for the firm.• Analyzed property information and financials, to construct financial models for brokers and clients.• Constructed deal sheets for brokers and clients using Microsoft Excel to ease the underwriting process for my team.

Greater New York City Area

• Prepared and executed approximately 4,000 NYC tax petitions, preserving the rights of landlords to contest their real estate taxes.• Reviewed and analyzed approximately 300 financial statements for properties in NYC, allowing me to play a key role in building cases by properly categorizing income and expenses for each property.• Filled approximately 4,000 real estate tax appeals to assist landlords with lowering their property taxes, typically resulting in thousands of dollars in savings per landlord.

Masters, Real Estate Development

Bachelor Of Science In Business Administration (Bsba), Real Estate Management And Development, Finance

Activities and Societies: Global Learning Community Pennoni Honors College Chabad at Drexel