Steve Kalka

Steve Kalka Email and Phone Number

Managing Director at The Comras Company @ The Comras Company
1261 20th Street, Miami Beach,FL 33139,United States
Steve Kalka's Location
Miami, Florida, United States, United States
Steve Kalka's Contact Details

Steve Kalka personal email

Steve Kalka phone numbers

About Steve Kalka

Senior commercial real estate professional with 20+ years experience leading complex development / value-add projects, valuing distressed debt acquisitions, restructuring non-performing commercial loans, debt placement, comprehensive due diligence and market research, detailed financial analysis, and overall portfolio management.Self-sufficient, analytical, detail-oriented and productive, demonstrating a unique ability to manage both processes and people in fast paced and high-pressure situations. Capable of driving projects from inception to successful disposition.

Steve Kalka's Current Company Details
The Comras Company

The Comras Company

View
Managing Director at The Comras Company
1261 20th Street, Miami Beach,FL 33139,United States
Employees:
25
Steve Kalka Work Experience Details
  • The Comras Company
    Managing Director
    The Comras Company Dec 2014 - Present
    Miami Beach, Fl
  • Fifteen Group
    Director Of Portfolio Management
    Fifteen Group Feb 2014 - Dec 2014
    Miami/Fort Lauderdale Area
    Responsible for comprehensive oversight of asset management and business plan execution of the firm’s nationwide real estate investment and development projects.
  • Bayview Asset Management, Llc
    Vice President
    Bayview Asset Management, Llc Jan 2010 - Feb 2014
    Miami/Fort Lauderdale Area
    Direct and mentor a team of 6 Asset Managers (AM's) responsible for resolving a complex portfolio of non-performing construction / commercial real estate loans in the US and Puerto Rico for banking and investment fund clients with aggregate UPB of $400MM+, resolving $150MM+ to date since 2011. Significant focus on resolving FDIC "Loss Share" portfolios. Hands-on management of the firm's largest and highest risk assets, both loans and REO, requiring renovation, stabilization, legal negotiations, and/or environmental mitigation. Responsible for review and approval of AM's workout / resolution strategies and supporting analysis including detailed borrower & guarantor financials, property operating statements, and NPV / DCF models, ensuring each proposal represents the highest value, least loss option available. Oversee team portfolio of litigation and bankruptcy cases in various jurisdictions, driving successful resolutions while continuously monitoring litigation and holding costs against asset valuation. Maintain strict compliance with client policies & procedures, and FDIC / regulatory agency guidelines. Collaborate with clients to develop quarterly reporting templates and protocols, including individual asset status reports, loan level cash flow models, and various portfolio statistical reports. Led the firm's application for an initial CMBS Special Servicer ranking from Fitch, Moody's, and S&P. Coordinated multi-department project to complete comprehensive application package including creating new policies and procedures, special servicer profile, agency questionnaires, detailed portfolio data, and on-site presentations.
  • Bayview Financial, Lp (Nka Bayview Asset Management, Llc)
    Sr. Project Manager
    Bayview Financial, Lp (Nka Bayview Asset Management, Llc) Sep 2003 - Dec 2009
    Miami/Fort Lauderdale Area
    Promoted to Sr. PM in 2003 and gained significant experience managing complex commercial real estate development / value-add / reposition projects. Project types included office, condominium (commercial and residential), retail, multifamily, and hospitality. During tenure as Sr. PM, directly negotiated or contributed significantly to over 100 transactions, with total aggregate value in excess of $500MM. Project oversight responsibilities included acquisition due diligence; market research; detailed proforma and budget creation; asset valuation; negotiation and review of legal documentation; application to various municipalities for zoning and/or land use change; construction oversight; engage and manage various service providers such as architects, contractors, legal counsel, property managers; financial statement review and approval; and creation of quarterly reports for senior management and investors.
  • Bayview Financial, Lp (Nka Bayview Asset Management, Llc)
    Senior Transaction Analyst
    Bayview Financial, Lp (Nka Bayview Asset Management, Llc) Jan 2001 - Sep 2003
    Miami/Fort Lauderdale Area
    As Senior Transaction Analyst in Bayview's Commercial Lending Group, managed entire lending process from initial underwriting to closing, including Borrower / Guarantor financial analysis, coordinated internal and external diligence, ordered and reviewed title, on a rolling pipeline of 15-20 loan originations / acquisitions. Closed most transactions within 3-4 weeks from submission. Typical loan amounts ranged between $300M - $7MM, on all income-producing property types. Worked closely with IT to implement underwriting model fixes, enhancements, and reporting functions, improving data collection, efficiency, and portfolio insight.
  • Axiom Capital Corporation
    Associate / Analyst
    Axiom Capital Corporation Jan 1997 - Oct 2000
    Albany, New York Area
    While at Axiom, a boutique CRE financing and advisory firm, I cultivated my commercial real estate foundation, including financial modeling, loan analysis, and financial materials creation. I played a integral role in expanding the firm's technology capabilities by modernizing the computer network, developed a contact database to better target financing proposals, and created the firm's initial website, brochure, and national advertisements. Saved approximately $100k annually, and hundreds of man-hours by transitioning financing proposal distribution online.

Steve Kalka Skills

Asset Management Real Estate Commercial Real Estate Real Estate Development Due Diligence Loans Disposition Financial Analysis Underwriting Acquisitions Valuation Portfolio Management Investors Management Investment Properties Financial Modeling Investments Dispositions Real Estate Transactions Property Management Brokerage Loan Origination Mortgage Lending Leases Marketing Strategy Synchronous Learning Negotiating Leases Condos Strategic Repositioning Real Estate Lending Dcf Valuation Microsoft Excel Argus Modeling Proformas Planning Budgeting And Forecasting Commercial Mortgages Real Estate Due Diligence Distressed Debt Market Research Npv Investment Valuation Real Estate Financing Cash Flow Forecasting Non Performing Loans Mortgage Servicing Construction Loans

Steve Kalka Education Details

Frequently Asked Questions about Steve Kalka

What company does Steve Kalka work for?

Steve Kalka works for The Comras Company

What is Steve Kalka's role at the current company?

Steve Kalka's current role is Managing Director at The Comras Company.

What is Steve Kalka's email address?

Steve Kalka's email address is st****@****ail.com

What is Steve Kalka's direct phone number?

Steve Kalka's direct phone number is +130553*****

What schools did Steve Kalka attend?

Steve Kalka attended State University Of New York At Albany.

What skills is Steve Kalka known for?

Steve Kalka has skills like Asset Management, Real Estate, Commercial Real Estate, Real Estate Development, Due Diligence, Loans, Disposition, Financial Analysis, Underwriting, Acquisitions, Valuation, Portfolio Management.

Who are Steve Kalka's colleagues?

Steve Kalka's colleagues are Jeff Evans, Carla De Sales, Brenda O'campo, Mauricio Ospina, Rezba Karim, Vicki Siokis Freeman, Michael Comras.

Not the Steve Kalka you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.