MARC MCCARTHY 469-***-**** ac0gvj@r.postjobfree.com LinkedIn Profile

REAL ESTATE ASSET MANAGER

A real estate leader who focuses in commercial and multifamily buildings offers 15+ years’ experience in underwriting, acquisition, turnaround, asset management, marketing, and disposition of institutional owned assets/multimillion-dollar portfolios. Plans and executes achievable action plans to drive profitable investor returns while providing leadership in negotiations and relationship management with executives, joint venture partners, property management, leasing brokers, financial, legal, and construction teams across the enterprise.

CORE STRENGTHS:

ASSET MANAGEMENT – NEGOTIATIONS – VALUATION – UNDERWRITING – BUSINESS PLANNING – CONTRACT NEGOTIATIONS ACQUISITION – DUE DILIGENCE – PROPOSALS – PROJECT MANAGEMENT – P&L / BUDGETING – MARKETING ANALYSIS – OPERATIONS INVESTMENT CONSULTING – IMPLEMENTATION – FINANCIAL ANALYSIS / MANAGEMENT – CUSTOMER SERVICE – COST CONTROLS SELECT CAREER HIGHLIGHTS

• Negotiated new leases and lease renewals with major retailers in order to lift occupancy from 82% to 96% for the 179,000 sq. ft. Bannockburn Green Shopping Center in Bannockburn, IL; elevated NOI from $1.95M to $2.67M, representing a 37% improvement overall.

• Managed a portfolio for Hudson Advisors that averaged 28 to 30 defaulted loans in Illinois, Indiana, Ohio, New York, Maryland, Georgia, Tennessee, North Carolina, Texas, Louisiana, and Arizona; resolved more than 25 loans during tenure with solutions that ranged from full payoff to foreclosure.

• Sold 60 Class A multifamily, retail, and office projects valued in excess of $1.2B while managing a portfolio with an average of 52 properties in conjunction with 9 JV partners.

• Repositioned, leased, and sold three suburban office buildings as part of a JV with Hines; buildings were located in Kansas City, Atlanta, and Manhattan Beach, yielding 20%+ returns in each case.

PROFESSIONAL OVERVIEW:

BENCHMARK OPPORTUNITY PARTNERS –DALLAS, TX 2012-2016

INSTITUTIONAL ASSET MANAGER

Served as the senior professional responsible for the asset management, acquisition, lease negotiation, budgeting, valuation, underwriting, business planning, contract negotiation, and disposition of a portfolio of institutional owned real estate. Provided a single point of contact for the investor while directing all aspects of third party leasing, property management, legal, and accounting functions at the property level.

• Drove occupancy from 82% to 96% in a 179,000 sq. ft. Bannockburn Green Shopping Center in Bannockburn, IL; elevated NOI from $1.95M to $2.67M, representing a 37% improvement overall.

• Negotiated new leases and lease renewals with a broad range of tenants, including Burlington Coat, PetSmart, Michaels, Barnes & Noble, Total Wine, Big Lots, Dollar Tree, and numerous small shop tenants.

• Worked with joint venture partners such as Guggenheim Real Estate, ARES Real Estate, Long Wharf Real Estate, and Protective Life.

HUDSON ADVISORS –Dallas, TX 2011-2012

ASSET MANAGER

Provided asset management for a pool of distressed multifamily and commercial loans purchased by various Lone Star Real Estate funds and asset managed by Hudson Americas.

• Managed a portfolio that averaged 28 to 30 defaulted loans in Illinois, Indiana, Ohio, New York, Maryland, Georgia, Tennessee, North Carolina, Texas, Louisiana, and Arizona.

• Oversaw site inspections, budget reviews, lease prep, marketing plans, annual business plans, and resolution pitches while executing strategies for quick foreclosure or disposition of each loan.

• Resolved 25+ loans during tenure via full payoff, short sales, discounted payoff, deed, or foreclosure.

FANNIE MAE – Dallas, TX 2009-2010

SENIOR ASSET MANAGER – HCD LOSS MITIGATION GROUP

Successfully resolved 25+ multifamily loans in 15 states that were held by Fannie Mae; oversaw reinstatement, restructuring, full payoff, or taking deed in lieu of foreclosure, and foreclosure efforts. Collateral managed included numerous Class A, B, and C multifamily assets, including tax credit and HUD properties.

• Coordinated legal, environmental, property condition, underwriting, valuation, and receivership efforts for each defaulted loan, ensuring compliance to state and federal requirements.

GE CAPITAL REAL ESTATE – Addison, TX 1997-2008

SENIOR EQUITY ASSET MANAGER

Owned full accountability for managing for multiple JV portfolios containing multifamily, retail, and office assets located in 21 US states. Provided ongoing planning, review, approval, and implementation of business plans as well as operating budgets, future lease projections, capital improvement plans, and exit strategies for assets.

• Developed, leased, marketed, and sold Class A multifamily apartments and student housing properties as part of a JV with JPI Residential of Texas; managed a $435M+ investment that yielded quarterly returns.

• Sold 60 Class A multifamily, retail, and office projects valued in excess of $1.2B while managing a portfolio with an average of 52 properties in conjunction with 9 JV partners.

• Repositioned, leased, and sold three suburban office buildings as part of a JV with Hines; buildings were located in Kansas City, Atlanta, and Manhattan Beach, yielding 20%+ returns in each case.

• Oversaw the repositioning and redevelopment of Fremont Hub Mall located in Fremont, California, resulting in 21% ROI to both GE and Apollo Real Estate during a 48-month investment window.

• Worked with multifamily JV partners such as JPI Residential, Simpson Housing, and Legacy Partners as well as commercial JV partners such as Hines, Apollo Real Estate Partners, KIMCO, and Weitzman.

EDUCATION & CREDENTIALS:

MBA, Finance – MARYMOUNT UNIVERSITY / BBA, Real Estate – SOUTHERN METHODIST UNIVERSITY Licensed Real Estate Agent – State of Texas / Certified Commercial Investment Member (CCIM) Certified Six Sigma Green Belt

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