Real Estate Insurance

KEVIN BONOMI

617-***-**** – ac1y2j@r.postjobfree.com

EXPERIENCE:

GRAND COAST CAPITAL GROUP - Quincy, MA Vice President - Underwriting & Risk Management (2016-Present)

Managed portfolio of 250+ real estate loans in 35+ states totaling over $100MM. Developed relationships with 150+ unique borrowers including monitoring progress on permitting and construction, underwriting loan term extensions, advising on property list prices and selling strategies

Responsible for underwriting/supervising/reviewing Jr. Underwriter on 200+ loans. Determining property values, analyzing location/market risk, evaluating borrowers’ financial profiles. Presenting Deal Write-Ups for Investment Committee approval. Managing pipeline of 25+ loans at a time

Reduced principal losses on loans to under $10K in 2016 and $0 in 2017, compared to over $1MM combined in 2015 and 2014

Resolved troubled assets, including managing construction, foreclosure proceedings, negotiating sales and divesting properties. Performing on-site visits to gauge property conditions and communicate strategies to contractors, brokers, and property managers

Trained and supervised 3rd party Construction Inspection Company, reducing borrower issues/complaints by 80%

Established stricter loan terms, increasing fees collected on loan term extensions from approx. $100K in 2015 to over $400K in 2016

Created Excel-based Pricing Model used to standardize pricing adjustments for all property/borrower/deal risk components

Developed Portfolio Analytics Reports for investor reporting and for the raise of $39M of Institutional Capital

Created Excel Underwriting Model, including drafting Manual and Processes for training of Jr. Underwriters and Loan Originators

Project Manager for data transfer/upload of 550+ loans with 50+ fields/ea, 7K+ transactions from old system to new loan management software

Originated 7 new loans with 5 borrowers through personal networking efforts

COLONY NORTHSTAR (fka Colony Realty Partners) - Boston, MA Portfolio Analyst (2012-2015)

Conducted Scenario Planning and Fund Roadmaps utilizing Excel Macros and Pivot Tables, driving executive strategy and decision-making on holding/selling real estate assets. Prepared related presentations for Investment Committee and Investors

Determined quarterly fair market value of 70+ multifamily/office/industrial assets totaling approx. $400MM. Underwrote prospective investments using cash flow modeling, sensitivity analysis, primary and secondary market research, and evaluation of asset operations

Created system to track leasing activity via interlinked Excel models and Yardi exports with corresponding executive dashboards, allowing CFO and Senior Management to transition from overview of total portfolio activity to granular asset-level and transaction-type perspectives

Developed procedures to standardize budgeting and forecasting processes. Led budgeting processes, including training Asset Managers, supervising inputs and providing system support to Accountants

Automated preparation of materials for quarterly company-wide meetings. Used Excel Macros and linked PowerPoint/PDF/Excel reducing preparation time for 90-100 slides by approx. 40% and enabling meetings to occur 2-3 weeks earlier

Engaged sellers/buyers on all aspects of closing property purchases/sales, including financial analysis, reviewing contracts and leases

COLONY NORTHSTAR (fka Colony Realty Partners) - Boston, MA Senior Portfolio Accountant (2008-2011) Portfolio Accountant (2007-2008)

Reviewed accounting for $490MM real estate portfolio. Managed team of 10+ 3rd party Property Managers/Accountants, reviewed leases and calculated tenant revenue, prepared detailed explanations of asset performance for Senior Management, prepared budgets and quarterly reforecasts

Developed standardized Excel-based templates for calculating tenant revenue, reducing preparation and review time by approx. 50%

Improved bi-monthly accounts receivable analysis and presentations to Senior Management by identifying problem tenants and collection issues, resulting in decrease in uncollected average monthly balances of approx. $5.5MM to $3.5MM

Led insurance cost analysis, resulting in $700K savings by changing insurance providers, negotiation of retroactive change in property values that resulted in $353K refund, negotiation of insurance premium savings of $100-$200K each year

Developed system for reporting to Lenders, ensuring timely submission of quarterly reports for 20-30 loans

CLARKE, SNOW & RILEY - Quincy, MA Audit Staff Accountant (2005-2007)

Performed audits and prepared financials for privately-owned companies in various industries including real estate, technology, prof. services

Served as large client’s primary accounting contact to Big 4 firm’s Auditors prior to the client’s acquisition by a large private equity firm

Prepared income tax returns for individuals/LLCs/S Corps, and various bookkeeping and research projects

EDUCATION:

BOSTON COLLEGE, CARROLL GRADUATE SCHOOL OF MANAGEMENT

Candidate for MBA, Marketing and Information Analytics concentration, 2017

GMAT: 740; GPA: 3.7

UNIVERSITY OF MASSACHUSETTS

BS in Management, Accounting concentration, 2005

CERTIFICATIONS & COMPUTER SKILLS:

Licensed Massachusetts Real Estate Salesperson

Advanced Excel skills. Proficient in ARGUS DCF, ARGUS Enterprise, Yardi Voyager, Yardi Budgeting & Forecasting, SS&C Precision

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