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Sales Project

Location:
San Antonio, TX, 78230
Posted:
March 09, 2010

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Resume:

Chad E. Feldman

**** ***** ***** #**** - *** Antonio, TX 78230 – 210-***-****- abns9l@r.postjobfree.com

EDUCATION

The University of Texas at Austin, McCombs School of Business Aug 1999- Aug 2002

BBA in Finance, High Honors, Magna cum Laude

• 3.95 overall GPA/ 4.00 McCombs School of Business specific GPA

• Ranked 7th out of graduating class of 143

• Ranked #5 Business School by US News and World Report

PROFESSIONAL EXPERIENCE

Melrose Sep 2008 – Present

Financial Management/Analysis Consulting

90 store retail clothing chain with headquarters in San Antonio, TX

• Performed extensive financial, demographic, and regression analyses of past sales history in order to better

project future performance on potential new stores

• Completed dozens of pro-formas for potential store openings in TX, NM, AZ, and CA, in addition to developing a

new and enhanced format for the proforma model

• Researched comparable store data on publicly traded companies

• Performed analysis and audit of the company’s health benefit program

Crescent Heights of America, Inc. Jun 2003 - Jul 2007

Vice President/ (Feb 2005 – Jul 2007 (project completion))

Director of Finance, Budgeting, Asset Management, Financial Analysis and Acquisitions (Co-Managed staff of 20)

Financial Analyst (Jun 2003 – Feb 2005)

Multi-family real estate development firm with headquarters in Miami, FL, over $8 Billion in revenues and over 30,000

units closed

Project: The Renaissance on Turtle Creek, 3225 Turtle Creek, Blvd., Dallas, TX 75209

Description: Luxury high-rise condo conversion Units: 604 Sq. Ft.: 611,143

Total Closings: $136,000,000 (project completed in July 2007)

Finance/Budgeting/ Asset Management/ Financial Analysis Responsibilities:

• Managed and maintained operating budget and pro-forma budgets for the project as a whole

• Adjusted unit prices based on sales patterns and revenue/profit goals

• Worked on the successful refinancing of remaining first lien balance of $32,500,000 from GE Capital to Bank of

America

• Developed new accounting tracking system for the construction department on a unit by unit basis. Helped

design and implement the system at other company properties in Chicago, Minneapolis, and Boston.

• Signed off on all invoices construction, maintenance, sales, marketing, general overhead, etc.

• Served as treasurer of the HOA (from 2/05 until turnover to the homeowners at 75% closed in 6/06) and

formulated $2,000,000 HOA budget for fiscal years 2005 and 2006 as well as monitored revenues and expenses

on a monthly basis

• Negotiated prices and product selection with various construction vendors on renovations for the units and

common areas

• Audited common area electric bills and with aid of energy consultants obtained over $400,000 in refunds due to

excess billing charges from TXU

• Worked with property tax consultants and attorneys to reduce property tax expenses. Over $50,000,000 in tax

value was successfully reduced resulting in savings in excess of $1,500,000

Acquisitions Responsibilities:

• Preformed due diligence and market on hundreds of multi-family, office, retail and ground up development sites

throughout Texas, Florida, Louisiana, Arizona, Massachusetts, Minnesota, and New Mexico

• Preformed in-depth pro-forma analysis and multi-level cash flow computations to project rates of return on

investment

• Interacted with brokers from major firms as well as property owners to identify potential acquisition candidates

• Set-up dozens of site visits and toured properties of interest

• Advised the company on formulating letters of intent and making hard offers on properties of interest

• Contributed to the acquisition and start-up of three multi-family condominium conversion buildings in Boston

(Regatta Riverview Residences, Cambridge Glass Factory) and Minneapolis (Falls and Pinnacle) totaling over

$250M in sell-out value and over 700,000 sq. ft

Sales Negotiations/Contracts/Closings Responsibilities:

• Negotiated and approved final sales contracts and addendums

• Managed the entire contract process from contract signing until closing

• Reviewed and signed the contract with the buyer and/or agent/attorney

• Collected escrow deposits and coordinated any contract changes due to rolling-in of extra construction upgrades

• Aided buyer in procuring mortgage financing

• Served as the main point of contact for on any given contract for the buyer, agent/lawyer, lender, appraiser, and

Title Company

• Submitted seller side closing instructions to the Title Company

• Approved all preliminary HUD-1 closing statements

• Signed for Seller on final HUD-1 closing statements and attended closings when necessary

• Coordinated distribution of final seller closing funds and monitored start and completion of unit upgrades

Aug 2007 – Jul 2008

After the completion of The Renaissance on Turtle Creek project, I wed in August 2007 and spent the subsequent year

studying in Israel until returning to Texas in July 2008

INTERNSHIPS

Sun America Securities/Archon Advisors Summer 2001

Investment Company Summer Intern

Dallas, TX

• Performed equity research

• Developed client portfolio allocation strategies

• Completed income tax returns

Regal Asset Management Summer 2000

Hedge Fund Summer Intern

Dallas, TX

• Performed equity research for the president of the hedge fund, Mr. Howard Rachofsky



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