Dwayne Walker

***** ** **

Eustis, FL ***** 321-***-**** home

321-***-**** cell

407-***-**** fax

dob8jz@r.postjobfree.com email

Objective

To obtain an asset management position, consulting or partner level position with a national or regional real estate organization.

Experience

2004-Current Eques Development Corporation Lake Mary, FL

President

 Owner, investor and developer of a single family land development company with annual sales in excess of $20 million.

 Fee based consultant to LIHTC developers in Texas and Florida regarding site selection, budget and compliance issues.

 Provided third party assistance in contractor and property management selection process to LIHTC developers.

2006-2008 Altman Development Corporation Lake Mary, FL

Senior Vice President

 Established a new regional office for a national developer, contractor and manager of luxury apartment communities.

 Hired and trained a professional development staff responsible for locating and developing properties throughout Florida, Texas, North Carolina, South Carolina and Georgia.

 Responsible for preparation, implementation and monitoring of income, overhead and detailed cash management for a new regional office.

 Assisted in hiring and organizing a new construction office responsible for third party general contracting for owner/developer.

• Creation of detailed P&L and operating budgets and presentation to partners for approval of a new LIHTC business line.

• Preparation of construction documents for new tax credit unit and building design.

• Preparation of complex computer monitoring and reporting software for compliance, IRR, P&L, Income and Expense and Cash Flow.

 Preparation of Investment Committee packages for LIHTC properties

 Oversee and manage the entire development process from conception through construction and permanent loan closing.

 Negotiate complex financial transactions including partnerships, equity, bond and loan agreements.

 Oversee working relationship with in-house General Contractor, including budgeting, construction draws, scheduling and quality control.

 Oversee and manage outside consultants including attorneys, lobbyists, engineers, architects, appraisers and financial consultants.

 Resolution of complex political, legal and zoning issues related to housing.

1989-2004 Picerne Development Corporation Altamonte Springs, FL

Senior Vice President of Development

 Responsible for the supervision of a professional real estate development staff developing luxury, LIHTC apartment communities and single family for-sale communities nationwide.

 Responsible for the creation of one of the nation’s most successful LIHTC developers consistently in the Builder’s Top 50 list.

 Responsible for detailed cash flow analysis and planning for Development, Property Management, Construction and Accounting Departments with annual pre-tax net income exceeding $20 million

 Successfully completed in excess of 10,000 units with an estimated market value in excess of $1 billion in over twenty states.

 Responsible for organizing and directing a fee-based asset management program for troubled real estate assets of major financial institutions. Activities included detailed financial analysis, continuation of entitlement process and construction supervision.

• Direct management and training of Compliance Department staff responsible for ongoing tax-credit compliance, carryover, placed-in-service applications and issuance of 8609’s in accordance with Section 42 of the tax code.

 Direct management and training of Application Department specialists responsible for preparation of initial tax-credit application and ongoing reporting to state agencies, limited partners and lenders

 Negotiate complex financial transactions including partnerships, equity, bond and loan agreements.

 Selection and management of all third party consultants including real estate council, tax council tax accountants, appraisers and property tax experts.

 Resolution of complex legal and tax issues including tax credit timing adjusters, permanent loan resizing and payment of deferred development fees.

 Preparation of complex computer monitoring and reporting software for compliance, credit production, IRR, P&L, Income and Expense and Cash Flow for multiple properties.

 Preparation and administration of project proforma budgets including tax-credit purchase, residual values, reserves and DSC for multiple properties.

 Selection and management of aggressive property tax consultants to assure income approach treatment for the entire LIHTC portfolio.

 Regular property site visits to confirm construction and property maintenance issues are properly addressed.

 Review of monthly property income and expense, vacancy, absorption and concession reports.

 Oversee working relationship with in-house General Contractor, including budgeting, construction draws, scheduling and quality control.

Education

West Virginia University Montgomery, WV

 BSCE, Bachelor of Science in Civil Engineering

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