Darren J. Caterino, CFA
* ********** ****, ******* ** 19355
Home: 610-***-**** ( Mobile 610-***-****
( Email: abms7q@r.postjobfree.com( LinkedIn:
www.linkedin.com/in/darrencaterinocfa
Finance & Risk Management Executive
Extensive experience in the areas of real estate finance and risk
management including portfolio and asset management, strategic planning,
insurance and business development. Proven track record of recruiting,
training and motivating financial professionals. Areas of Expertise:
( Acquisitions ( Dispositions ( Investment Analysis & Due Diligence
( Bankruptcy Restructurings ( Distressed Asset Management (
Asset/Liability Management
( Equity/Debt Offerings ( Project Budget & Pro Forma ( Board &
Management Presentations
( Credit Analysis ( Lease Evaluation
Professional Experience
WHITEWOODS REALTY GROUP, Malvern, PA 2007-Present
Real estate and construction related advisory service provider
Principal
1. Prior Projects
2. 380 Starr Road, LP - Global Development Advisory Services ($10
million project)
3. Comprehensive acquisition/pre-development budget
4. Project pro-forma and prospective lease evaluations
5. Preparation, sourcing and closing of debt financing
6. Equity solicitation offering
7. Sourcing and managing of environmental, environmental, engineering
and brokerage consultants
8. Lease negotiation (W.L. Gore - 10 year NNN lease of entire
premises)
9. Mirarchi Brothers, Inc. - Interim CFO for Bucks County based
Electrical Contractor
10. Negotiated & closed multiple working capital debt facilities
11. Implemented new accounting software (MasterBuilder) and job-cost
accounting system
12. Provided comprehensive cashflow management, budgeting and contract
administration/negotiation services
13. Current Projects
14. Acquisition due diligence for $25 million multi-family Massachusetts
40b project - Lender discounted loan takeout
15. General financial services for MD based firm that provides structural
services via proprietary patented technology to the real estate and
construction industries
O'NEILL PROPERTIES GROUP, King of Prussia, PA 2003-2009
Largest privately held portfolio of approved, multifamily, commercial and
retail properties in Northeastern US and national leader in the recycling
and redevelopment of brownfield sites
Director of Finance & Risk Management-Transactions & Distressed Assets
2008-2009
16. Manage insurance risk management practices, including global compliance
initiatives as well as comprehensive construction wrap-up exposures
17. Prepare financial plans for distressed assets to the firm's
institutional equity investors and lenders
Chief Financial Officer-Commercial & Retail Division
2005-2008
18. Prepared and managed financial due diligence on 21 asset acquisitions
totaling $150 million and 14 commercial and residential dispositions
totaling $375 million
19. Portfolio Manager for 15 commercial properties totaling 1.3 million
square feet with a market value of over $240 million
20. Spearheaded an operating cost reduction initiative resulting in an
average $0.75/PSF reduction in operating expenses across the
portfolio which added an estimated $5 million to the aggregate
proceeds recognized from a June 2006 portfolio sale
21. Provide financial & strategic oversight over the firm's commercial and
retail operating and development pipeline of assets
22. Lease evaluation, negotiation and abstracting
23. Construction & general refinancing initiatives
24. Asset disposition strategies and execution
25. Strategic capital and budgetary planning
26. Provide Capital Markets Department with financial models, budgets and
project demographics used to implement an optimum capital stack with
institutional equity investors, financial institutional debt and public
finance conduits
Senior Portfolio Analyst
2003-2005
27. Analyze and underwrite potential acquisition and development
opportunities including the preparation of business plans, financial
due diligence, discounted cash flow, IRR and valuation modeling, and
economic and demographic market studies
COMMERCE GROUP, INC., Deerfield Beach, FL
1998-2002
A $60 million Entrepreneurial Commercial Real Estate Development,
Construction and Property Management Company
Chief Financial Officer & Chief Operating Officer
28. Initially recruited to rebuild the entire operational infrastructure of
the company. Significant improvement in financial reporting and
operating processes allowed for enhanced strategic planning, the
ability to recognize significant tax and expense savings, and set the
foundations to expand business lines and opportunities
29. Primary responsibilities included oversight over Finance, Accounting,
Property Management, and IT Departments
30. Focused responsibilities included strategic planning, asset
dispositions, investment analysis & due diligence, specialized tax
transactions, new business development, bankruptcies, and corporate
special projects
31. Managed bankruptcy reorganization process for company's $10 million
flagship shopping center property, thereby preserving over $4 million
in equity for the principals
32. Prepared comprehensive business plan with the goal of creating a new
venture aimed at maximizing fixed resource efficiency and cross-selling
opportunities by targeting new types of clientele
FEDERAL RESERVE BANK OF BOSTON, Boston, MA 1995-1998
Nation's Central Bank and Federal Regulator for Banks, Bank Holding
Companies, and Foreign Branches
Examiner
33. Charged with global risk management evaluations of regulated
institutions including banks, holding companies, foreign branches and
specialized subsidiaries
34. Key role in 70 on-site reviews of banks, holding companies and foreign
branches ranging from $50 million to $97 billion, including core
residency at Fleet Financial Group, at the time New England's largest
financial institution
35. Performed analyses of specialized areas including venture capital, M&A,
asset/liability management, and foreign exchange
36. Represented the Federal Reserve Bank of Boston in a high-profile FDIC
initiative designed to streamline the examination process. Received
Letter of Appreciation from FDIC Director
MPI OUTDOOR SAFETY PRODUCTS, INC., Windham, NH 1994-1995
Manufacturer and Distributor of Outdoor Camping, Hunting and Survival
Equipment
Interim Finance Director/Consultant
37. Established all financial and operating systems, including the proper
capitalization and recording of spin-off transaction
38. Interfaced with partners to align company profile with aggressive
acquisition activities and new product introductions
39. Implemented Electronic Data Interchange (EDI) system with major
customers (REI, Sports Authority, Target, Wal-Mart)
40. Developed an automated inventory tracking system, facilitating greater
cost structure management which led to a 53% improvement in annual
asset turnover and a 20% reduction in inventory carrying costs
41. Reduced monthly closing time requirements 88% through automation of
systems
BROWN BROTHERS HARRIMAN & CO., Boston, MA 1992-1994
Oldest and Largest Privately Owned Bank in America
Treasury Analyst
42. Tracked and managed domestic liquidity position of Boston office within
largest private bank in United States
43. Monitored all cash management activities of 80 individuals charged with
custodial activities for 350 mutual funds
44. Captured substantial long-term savings through daily balance sheet
repositioning
45. Successfully fostered client relationships and networked with senior
management
46. Identified $100 million custodial overdraft and arranged for overnight
financing which saved private bank significant overnight carrying costs
Education
Masters of Science in Finance Boston College, Chestnut Hill, MA
Bachelor of Business Administration University of Massachusetts,
Amherst, MA
Affiliations
47. CFA Institute (Formerly the Association for Investment Management &
Research)
48. CFA Society of Philadelphia
49. Business Leaders Network-Philadelphia Region
50. West Chester Cycling Club