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Manager Management

Location:
Kennesaw, GA, 30101
Posted:
April 01, 2013

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Resume:

J ames Pat r ick (Pat) McAuliffe

Acworth, Georgia 30101

C-404-***-****

************@*****.***

CAREER OBJECT IVE

A career operations / asset management leadership position in the multi-family industry.

E XPER IENCE

R EG IONAL MANAGER 2011-

P RESENT

CORTLAND PARTNERS Atlanta,

Georgia

Responsible for the operation of 2,024 apartments on six communities. Operated these communities

t hrough extensive occupied renovations up to $20,000 per unit. The properties were able to increase

revenue

i n 2012 by an average of 13.5% due to the renovations and operational improvements.

Accomplishments

• Mentored and developed the skills of two brand new community managers who achieved above

budget results including a 6.3% average increase in economic occupancy.

• Positioned one property for sale after just a two year hold period at a sale price that

exceeded our five year proforma sale price.

• Reduced expense to income ratio of the portfolio an average of 8%.

A REA D IRECTOR

2007- 2010

H ERCULES REAL ESTATE SERVICES

A tlanta, Georgia

Opened a satellite management office for Southeastern U.S. operations. Directed and

managed 2,500+ LIHTC units in three states through two Regional Managers and a Regional

M aintenance Director. Directed the acquisition of four properties and managed through an

eventual comprehensive renovation.

Accomplishments

• Consistently managed delinquency and bad debt at 2.2% of GPR in depressed economic

conditions.

• Successfully managed two properties through a $30,000/unit renovation that repositioned both

and produced revenue increases averaging 9%.

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P RESIDENT OF PROPERTY MANAGEMENT

2001- 2005

T HE CANNON COMPANY Atlanta,

Georgia

Responsible for the operation of 2,422 l uxury apartments in two markets while

d irecting a Regional Manager, regional maintenance director, and landscape

supervisor. Personally directed the lease-up of five properties totaling 1,497 units over a

t wo-year period. Participated in development functions including due diligence, site assessment,

u nit design

and mix, proformas, and analysis. Responsible for investor communication and reporting. Directed

budgeting,

capital improvements, marketing, compensation, recruiting, hiring and training, property and

employee

i nsurance and some accounting functions.

Accomplishments

• Increased portfolio occupancy from 72% to 92% in a twelve-month period, which required a net

gain of 485 units occupied among eight properties.

• Initiated and directed company-wide conversion from DOS software to web-based OneSite

A REA V ICE-PRESIDENT 1999-

2001

RAM PARTNERS (POST PROPERTIES) A tlanta,

Georgia

Responsible for the profit and loss performance of 2000+ fee-managed

C lass A, B, and C units in Atlanta, Nashville, Tampa, and Orlando, Florida. Communicated

verbally and by written reports to investors regarding property goals, marketing efforts, and

results.

P roperty owners included small independent investors, pension funds, independent developers, and

banks. Properties ranged from Class A lease-ups to distressed properties in need of capital

i mprovements and repositioning.

Accomplishments

• Oversaw $6,000 per unit renovation on a 120-unit property in Gulfport, Florida that

repositioned the asset obtaining $120 per month per unit.

• Increased occupancy of struggling 180-unit high- rise in Nashville, TN. from a previous high of

81% to 95%, allowing for permanent financing.

S EN IOR OPERAT IONS MANAGER 1996-

1999

ARCHSTONE-SMITH Richmond,

V irginia

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Opened a satellite management office for Mid-Atlantic operations with overall profit and loss

responsibility for six properties with over 2,000 u nits. Successfully directed the simultaneous lease

up in an eighteen month period of four new development communities comprised of 1,088

units. Produced budgets, proformas, and projections for all communities.

Accomplishments

• Increased leasing activity during a three-month period by over 100 rentals through an

i nnovative, high profile portfolio-wide leasing promotion.

• Completed the lease-up of a 188-unit second phase in less than five months without sacrificing

occupancy in Phase I.

A REA D IRECTOR, V ICE-PRESIDENT 1994-

1996

U NITED DOMINION REALTY TRUST Richmond,

V irginia

Responsible for total P&L operations of 5,800 u nits and supervision of four Regional Managers in

m ultiple markets. Designed and implemented upgrade and renovation programs on existing units

and

new acquisitions; assessed regional apartment trends and developed strategy to maintain a

competitive advantage; developed annual operating and capital budgets; and interfaced with asset

managers to determine the long-term hold/sell decision of portfolio properties.

Accomplishments

• Reduced portfolio delinquent rent from 2% to 1.1% in a one-year period.

• Directed budget and execution of a portfolio-wide upgrade of unit interiors to enhance rent

potential 4-6%.

R EG IONAL D IRECTOR, V ICE-PRESIDENT 1990-

1994

A LLSTATE MANAGEMENT CORPORATION Atlanta,

Georgia

Overall profit and loss responsibility of 4,000+ u nits in Georgia and South Carolina

t hrough the supervision of two Regional Managers. Established a satellite management office for

Southeastern operations. Developed operating/ capital budgets, proformas, and projections.

CAREER ACCOMPL ISH MENTS

• Wrote the management and marketing plans, and then directed the successful lease-up of four

new developments (1,088 units) simultaneously in Richmond, Virginia.

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• D irected the lease-up of five new Class A properties (1,497 units) simultaneously in Atlanta,

Georgia.

• Oversaw the renovation of 15+ communities up to $30,000 per unit to reposition for greater

f inancial results.

• Named Regional Manager of the Year twice. Set company record by exceeding budgeted

NOI and cash f low for my portfolio.

• Named Outstanding Manager of the Year. Set company record for the largest NOI increase

for one year on a single community ($263,000) .

E DUCAT ION

BACHELOR OF SCIENCE

A rmstrong Atlantic State University Savannah, Georgia

Post-graduate studies at Georgia Southern University Statesboro, Georgia

REM-301 course completion toward Certified Property Manager designation

Georgia Department of Community Affairs L IHTC certified 2007

Post University-2001 graduate (Post Properties)

R EFERENCES AVAILABLE UPON REQUEST

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