Nancye Fritz, CPM
Westport, CT 06880
acte0h@r.postjobfree.com
PROFILE
Real Estate Management Executive
Logical and analytical thinker, who quickly identifies and creatively solves management problems with a can do attitude. Possesses extensive experience in turn-arounds, lease-ups and due diligence. Well versed in governmental regulations and legal compliance. Enjoys building a professional team to maximize bottom line results and provide career development opportunities to staff. Eager to take on challenging properties. Successfully exceeds budget expectations by reducing costs and achieving highest possible rents.
PROFESSIONAL EXPERIENCE
GREENWICH HOSPITAL, Greenwich CT 2012-Present
MANAGER, REAL ESTATE & HOUSING
Management of off-site hospital owned and leased commercial properties and residential rental properties. Lead the Hospital Real Estate Committee to plan and analyze properties for acquisition, project growth, and new and existing commercial leasing opportunities. Plan property development through developer relations, site acquisitions, asset disposition and analyzing market conditions. Tracking the performance of both commercial and residential properties to accomplish hospital goals and meet revenue projections.
WILLIAM RAVEIS REAL ESTATE, Westport CT 2011-Present
BROKER
Team Leader. Top 5% in sales.
LCOR, INC., New York, NY 2004 - 2008
DIRECTOR OF RESIDENTIAL MANAGEMENT
Set up management operations for Development Company for in-house and financial institution ownership, including policy/procedure development and administration that resulted in standardized operations and reporting.
Reported to financial institution asset managers, including JPMorgan (Ranked #1 and #2 in Quality Management Assurance).
Oversaw new construction, lease up and management of residential and commercial buildings; maximized rental rates and minimized expenses and achieved 99% occupancy.
Increased leasing in Groton, CT from 82% to 99% in one year.
Established non-union staffing for 545 Madison Avenue, NY, which reduced payroll expense by 50% and increased resale value.
Turned around failed project in Langhorne, PA that resulted in $20 million profit.
Performed market studies and developed budgets for new acquisitions.
Conducted due diligence for new acquisitions and set up management plans for take over.
Participated in architectural design meetings, which resulted in efficient utilization of building space and cost savings.
WILLIAM PITT REAL ESTATE, Westport, CT 2008 – 2011
BROKER 2001 - 2004
Top 25% sales performance. Managed marketing and sales of REO properties for various financial institutions.
PARKCHESTER SOUTH CONDOMINIUMS, INC., Bronx, NY 1998 - 2000
GENERAL MANAGER
Directed and supervised management of 8,300-unit condominium complex, including 25 retail spaces.
Oversaw Director of Operations, Administrative Director, Human Resources Director, Security Department, and Chief of Heating Plant, totaling approximately 400 staff members, as well as back office accounting contract staff.
Negotiated contracts with 8 different unions and handled arbitrations.
Established condominium for self-management (created Human Resources Department and developed accounting procedures, work order systems, inventory control, and administrative policies and procedures).
Instituted OSHA policies/procedures for plumbing, carpentry, heating plant, etc.; established safety training, and negotiated with Department of Environmental Protection regarding PCB contamination resulting in elimination of $250,000 in fines.
Developed annual budget of $39 million; oversaw variance reports and annual audit. Eliminated condominium fee increases for 2 years and saved $6 million for future capital improvements.
Prepared bids and contracts, and oversaw capital improvements, including $130 million renovation.
NHP/AIMCO MANAGEMENT CORP., Tarrytown, NY 1995 - 1998
VICE PRESIDENT
Managed P&L and operations of over 10,000 units of residential property in NY, NJ and CT, including market rate and Section 8.
Nancye Fritz, CPM
53 Newtown Turnpike
Westport, CT 06880
acte0h@r.postjobfree.com
Succeeded in turning around 11 properties.
Supervised seven District Managers, with 350 employees.
Established in-house training programs, devised monthly reports, developed policies, monitored marketing techniques, and evaluated management systems. Successfully transitioned territory through IPO and eventual sale of company.
Developed management plans/agreements, created budgets and accounting procedures, and liaised with governmental agencies.
WILDER RICHMAN MANAGEMENT CORP., Elmsford, NY 1993 - 1994
EXECUTIVE VICE PRESIDENT
Directed and managed portfolio of 5,000 units in 10 states including market rate, LIHTC, Section 8, and FmHA, as well as establishing management and leasing of new construction.
Interacted and established relationships with auditors, legal counsel, architects, engineers, and city and state agencies.
CONSOLIDATED ASSET RECOVERY CORP., Bridgeport, CT 1992 - 1993
(Chase Manhattan Bank of Connecticut N. A.)
SECOND VICE PRESIDENT
Supervised management and marketing of diverse REO portfolio.
Developed business plans, budgets, and sales strategies; handled leasing, and environmental, legal and appraisal issues.
Performed financial and physical analysis of properties and developed workout strategies.
COLUMBIA UNIVERSITY, New York, NY 1989 - 1992
SUPERVISOR
Managed 26 multiple-use properties.
Supervised over 100 Local 32BJ employees; oversaw court proceedings and handled arbitrations.
Hired and directed contractors for preventive maintenance, repairs, and capital improvements.
JOYCE EQUITIES, INC., Kew Gardens Hills, NY 1987 - 1988
INDEPENDENT BROKER
Marketed co-op apartments in Queens for sponsor. Created marketing strategies and negotiated contracts.
M. RAPAPORT CO., INC., New York, NY 1975 - 1987
VICE PRESIDENT (1983 - 1987)
DIRECTOR OF RESIDENTIAL MANAGEMENT (1979 - 1983)
PROPERTY MANAGER (1975 - 1979)
Managed all functions and phases of operations for owner-management firm, servicing 4,000 residential units with retail space and 54,000 square feet commercial space.
Supervised co-op conversions from acquisition through conversion plan; supervised property managers, brokers and office staff.
Performed financial analysis for new acquisitions and prepared budgets.
EDUCATION
COLUMBIA UNIVERSITY - MBA - 1992
BARUCH COLLEGE - BBA Specializing in Real Estate - 1980
Beta Gamma Sigma (Business Honor Society)
NEW YORK UNIVERSITY - Certificate in Property Management - 1978
PROFESSIONAL DESIGNATIONS
Member, Institute of Real Estate Management (IREM)
COS, FmHA, National Center for Housing Management
Assisted Housing Manager, HUD Multifamily Regulations
New York State and Connecticut Licensed Real Estate Broker
AFFILIATIONS
Westport Lions Club- Charter President