Real Estate Management

Tenere A. Williams

***** ***** **., #*** ********, CA 90703 626-***-**** *******@*****.***

SUMMARY

Known for sharp analytical skills, strong client relations, and a proactive attitude.

• Commercial Real Estate Finance • Project / Account Management

• Financial / Pro-Forma Analysis • Executive Interface

• Client Engagement • Team Leadership

PROFESSIONAL EXPERIENCE

FIREFIGHTERS FIRST CREDIT UNION

Commercial Real Estate Loan Underwriter, Los Angeles, CA 4/2016 – Present

Review Loan packages received from in-house Loan Officer for firefighters and family members of firefighters throughout California

oUnderwrite all commercial property types including multifamily, office, retail, mixed use, self storage facilities.

oReview third party reports (Environmental, Appraisal, Property Condition Report, Seismic and Zoning Report)

oPerform Property Inspections.

oAnalyze cash flow from all properties listed on the Borrower’s Schedule of real estate

oPerform a global cash flow analysis on the Guarantors of the deal

oRequest letters of explanation to resolve any red flags / issues that may appear on a Borrower’s credit report or in their lending history.

oProvide my recommendation

oMaintain Third party due diligence files on third party vendors.

ONE UNITED BANK (Temp Position)

Asset Management Analyst, Los Angeles, CA 9/2015 – 3/2016

Performed annual reviews on properties held in the bank’s portfolio

Contacted Borrower’s of troubled loans to try find out source of problem and help resolve it.

FREDDIE MAC

Underwriting Associate, Los Angeles, CA 9/2014 - 8/2015

Reviewed Loan packages received from Brokers

oLooked at borrower’s past multifamily management experience .

oReviewed third party reports (Environmental, Appraisal, Property Condition Report, Seismic and Zoning Report)

oPerformed Property Inspections.

oAnalyzed cash flow from all properties listed on the Borrower’s Schedule of real estate

oRequested letters of explanation to resolve any red flags / issues that may have appeared on a Borrower’s credit report or in their lending history.

oPrepared Commitment Letters for clients

BROADWAY FEDERAL BANK (Temp Position)

Commercial Underwriter / Consultant, Los Angeles, CA 12/2013-6/2014

Reviewed Loan packages received from Brokers

oLooked at borrower’s past multifamily management experience

oAnalyzed balance sheets to determine borrower liquidity, net worth and recurring cash flow from current real estate holdings. Analyzed personal and business tax returns (including K-1’s) and operating statements from previous 2 years, backing out depreciation and other financial losses, to determine true income.

oReviewed Appraisals and Loan Officer Inspections of the subject property.

oAnalyzed cash flow from all properties listed on the Borrower’s Schedule of real estate

oWorked with management to request letters of explanation or resolve any red flags / issues that may have appeared on a Borrower’s credit report or in their lending history.

Analyzed Property Financials.

oPrepared repayment analysis to calculate Debt Coverage Ratios to determine if income generated from subject property was sufficient to repay proposed loan amount (minimum DCR of 1.15x)

LUTHER BURBANK SAVINGS

Major Loan Underwriter, Los Angeles, CA 2/2011 – 7/2013

Reviewed Loan packages received from Brokers

oLooked at borrower’s past multifamily management experience

oAnalyzed balance sheets to determine borrower liquidity, net worth and recurring cash flow from current real estate holdings. Analyzed personal and business tax returns (including K-1’s) and operating statements from previous 2 years, backing out depreciation and other financial losses, to determine true income.

oReviewed Appraisals and Loan Officer Inspections of the subject property.

oAnalyzed cash flow from all properties listed on the Borrower’s Schedule of real estate

oWorked with management to request letters of explanation or resolve any red flags / issues that may have appeared on a Borrower’s credit report or in their lending history.

Analyzed Property Financials.

oPrepared repayment analysis to calculate Debt Coverage Ratios to determine if income generated from subject property was sufficient to repay proposed loan amount (minimum DCR of 1.15x)

LOAN DEPOT

Mortgage Banker, Irvine, CA 9/2010-2/2011

Analyze borrower mortgage needs and provide residential financing to qualified individuals.

CALIFORNIA NATIONAL BANK

Commercial Real Estate Underwriter, Los Angeles, CA 12/2006 – 4/2009

Conducted borrower due diligence.

oLooked at borrower’s past commercial real estate development history to determine if the borrower had the experience necessary to complete the project.

oAnalyzed balance sheets to determine borrower liquidity, net worth and recurring cash flow from current real estate holdings. Analyzed personal and business tax returns (including K-1’s) from previous 3 years, backing out depreciation and other financial losses, to determine true income.

Conducted market research on subject property.

oUsed Google maps to take aerial shots of the subject site and see what was in the area.

oUsed Co-Star and Loopnet to look up current sales and rental comparables ($/SF) in the subject property market and confirmed my data once the appraisal was received.

oReceived general market information by contacting brokers in the area or obtaining quarterly reports from companies such as CBRE, Grubb and Ellis or other real estate companies.

Analyzed Property Financials.

oPrepared repayment analysis to calculate Debt Coverage Ratios to determine if income generated from proposed project was sufficient to repay proposed loan amount assuming take-out loan parameters of 8% interest rate amortized over 25 years.

oPerformed construction budget analysis to verify that costs were in-line with proposed project.

Submitted loan requests to a 7 person Loan Committee for final loan approval. Committee included the Chief Lending Officer (Los Angeles), Chief Credit Officers (Los Angeles and Chicago) and the Bank President (Chicago).

From 2007 to 2008, personal production included:

o119% increase in total loan amount approved (2007 - $169.5MM; 2008 - $371.3MM)

o90% increase in average deal size (2007 - $10MM; 2008 - $19MM)

Underwrote and received approval on $70 MM residential condo development in Brooklyn, NY (4th largest deal for our group in 2008).

EDUCATION

BA, Economics, Northwestern University, Evanston, IL

TECHNICAL SKILLS

Advanced Knowledge of MS Word and Excel

Co-Star

Loopnet

PROFESSIONAL DEVELOPMENT / TRAINING

USC Ross Program in Real Estate Development

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