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Real Estate Manager

Location:
United States
Posted:
August 27, 2014

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Resume:

Jeff Gevertz

Greater Atlanta Area 404-***-**** acfmo1@r.postjobfree.com

www.linkedin.com/in/jgevertz

Finance and Asset Manager

Strategic, results-oriented finance and asset manager. Background includes

commercial real estate, RE development, REITs / private equity, and

hospitality firms. Proven success developing and implementing short,

intermediate, and long-term strategies designed to sustain or improve the

value of the portfolio or company. Core competencies include:

. Valuation, market due diligence, and capital sourcing: At Tivoli, sourced

$600M in project capital by identifying and negotiating with investors.

At Portman, performed valuations on commercial and hospitality assets

throughout the U.S. and in multiple countries including United Arab

Emirates, Vietnam, and China.

. Capital expenditure and property development projects: In the past 10

years, oversaw 15+ major repositioning PIP's totaling $60M, and numerous

CAPEX and property development projects including expansions,

comprehensive property renovations, and new hotel development. At Tivoli,

oversaw a $200M property development project.

. Value enhancement and revenue management: At Apollo, negotiated multi-

year labor concessions necessary to salvage lodging investment; realized

increases of $2.3M in NOI within a year. At Hibernian, introduced revenue

management techniques resulting in $1M in improved NOI for all four hotel

and multifamily assets within the first year.

Professional Experience

Safeguard Financial Atlanta, Georgia

2011 -

Present Founder / Director

. Created a consulting firm that works with the City of Atlanta to help

revive residential neighborhoods as well as consults with commercial real

estate owners and lenders regarding valuations and effective asset

management.

. Masterminded unique turnkey property investment model for investors

locating financing, property acquisition, rehabilitation and operational

management through a joint venture program.

Hibernian Pacific Holdings, Inc. Alpharetta, Georgia

2009 -

2011 Vice President of Asset Management and Finance

. Managed the assets of four hotels and multiple multifamily properties

across the U.S. for a strategic real estate owner.

. Introduced revenue management techniques resulting in $1M in improved NOI

for all four hotel assets within the first year.

. Drove improved flow-through from 50% upon acquisition to 63% by applying

revenue management, internal controls, and forecasting / cash flow

modeling strategies.

. Reviewed and critiqued monthly and annual operating statements, annual

marketing plans, and annual capital plans among other regular and special

reports.

. Completed a property review for each asset in the portfolio no less than

twice per year.

Tivoli Properties, Inc. Atlanta, Georgia

2006 - 2009 Vice President of Asset Management and Finance

. Managed assets and oversaw feasibility, due diligence, revenue

management, and cash flows for multifamily and hospitality developments

in the southeast U.S. for a local Atlanta-based real estate firm.

. Captured savings of over $20M on a project by obtaining specific tax

abatements passed through Atlanta development authorities. This was the

first multifamily project to accomplish this in Georgia.

. Sourced $600M in project capital by identifying and negotiating with

investors.

. Engineered all accounting, HR, and finance management requirements during

company's start-up phase.

. Increased development savings by $3M through execution of interest rate

hedges and interest rate elections.

. Oversaw a $200M development project for Mandarin Oriental in midtown

Atlanta.

Portman Holdings Atlanta, Georgia 2005 - 2006

Hospitality Asset and Finance Manager

. Responsible for project feasibility analysis, development, and financial

structuring on both domestic and international developments. Assisted

with asset management for two hotels and multifamily properties for an

international real estate development company.

. Helped build financial analysis and modeling for all commercial and

hospitality and multifamily project developments.

. Developed ongoing corporate relationships with key global clients,

including managing foreign currency and interest rate risks, which

sometimes led to penetrating new markets and in many cases development of

commercial and hospitality assets in multiple countries, including United

Arab Emirates, Vietnam, South Korea, and China.

. Improved speed of execution by 300% by designing and launching an

underwriting process to quickly and accurately analyze potential new

developments.

Apollo Real Estate Advisors Atlanta, Georgia 2002 - 2005

Hospitality Asset Manager

. Led accounting and asset management of eight hotels located across the

U.S for a leading international real estate investor and fund manager.

. Increased NOI by $1.7M, or 62%, after a takeover - despite a 38% decline

in supply and no change in product condition - by applying yield

management techniques.

. Negotiated multi-year labor concessions necessary to salvage lodging

investment; realized increases of $2.3M in NOI within a year.

. Directed profitability of seven U.S. hotels by managing lodging

investment to meet outlined company objectives.

. Instituted performance metrics and launched monthly financial analysis of

each hotel to drive goal achievement.

. Raised properties' ADR by 26% over a two-year period by coordinating with

regional team to increase BAR pricing strategies.

Marriott International Atlanta, Georgia 1999 - 2002

Accounting Controller

. In charge of accounting for a cluster of hotels in Atlanta. Responsible

for financial statements to ensure accuracy and integrity for worldwide

hotel operator with over 200,000 U.S. employees.

. Coordinated execution of $20M enterprise program, which streamlined

accounting procedures across multiple hotels.

Education and Community Service

Masters in Business Administration, specialized in Real Estate Finance

Florida State University Tallahassee, Florida

Masters Certification, Asset & Accounting Management Cornell University

Ithaca, New York

Bachelor of Arts, Finance Florida State University Tallahassee,

Florida

Community Service

Board Member - Children's PEACE

Board Member - Atlanta Seminole Club

Member - Urban Land Institute

Volunteer - Hands On Atlanta

Volunteer - Nicholas House



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