SUZANNE M. WILLIAMSON
Laurel, MD 20707
301-***-**** (H)
240-***-**** (C)
****************@*****.***
ASSET MANAGEMENT EXECUTIVE
Portfolio Management . . . Relationship Builder . . . Process Improvement Accomplished Asset Management Executive with a track record for maximizing profitability. Develops and implements strategic plans for portfolio including refinancing, recapitalization, LP acquisitions and sale. Strong analytical and problem solving skills; allocates resources for long- term goals and quickly assesses/mobilizes in emergencies. Collaborative leadership style with proven successes managing and coordinating both technical and business groups. Excellent communication skills interacting with all levels, including the Senior Leadership Team, Board of Directors, Investors/Lenders, Property Management and Residents. Areas of strength include:
Operational Assessment/Improvement Plans
Risk Management and Reduction
Staff Development and Training
Budget Management
Portfolio Strategy and Tactics Development
Presentation and Facilitation
Refinance and Sale
Project Management
PROFESSIONAL EXPERIENCE:
COMMUNITY PRESERVATION AND DEVELOPMENT CORPORATION, Silver Spring, MD 2004–2016 Vice President, Asset Management (2010–2016)
Director of Asset Management (2009)
Asset Manager/Interim Director of Asset Management (2007-2008) Asset Manager (2005-2006)
Operations Manager (2004)
Developed and implemented strategic plans for the CPDC Portfolio of 5,000 units on 30 plus properties in DC/MD/VA. This included the acquisition of LP interests, the development and approval of recapitalization, refinancing, sale or Y15 exit strategies of each individual property as well as the management of the Asset Management team and the fiscal /physical operation of the portfolio. Managed team of 3 and several third-party property management agents.
Strategic improvement of portfolio operations improved cash flow distribution from $0 to in excess of $3 million annually.
Negotiated with HUD to remove a property’s limited distribution resulting in an annual increase of $1 million distribution to corporate.
Negotiated with DCHA for the collection of $430 thousand in a property’s unfunded overdue ACC payments.
Successfully managed the $4 million emergency repair of a 16 story building’s exterior façade.
Supervised the successful sale of 592 units located on 3 adjoining properties in two phases that resulted in an extra $3 million in sale proceeds.
Created and managed relocation plans on occupied rehab projects that included budget management, resident relocation/income qualification and LIHTC credit tracking; trained staff to do the same on subsequent projects.
Designed and implemented monthly trainings for 3rd party Site Managers to increase knowledge of financials/budget, exchange management ideas, increase ownership of each property and build team camaraderie.
Over period of 6 years, created and refined several portfolio financial reporting iterations required by the Board of Directors, Senior Leadership Team, Limited Partners and Lenders, that included desired benchmark achievements, trend analysis and management of Critical Properties List.
SUZANNE M. WILLIAMSON
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Initiated and completed refinance process for two properties which resulted in excess of $200 and $300 thousand of annual cashflow, respectively.
As Operations Manager, reduced corporate supply budget by $40K in first 6 months.
Organized first document library for all deal documents. Directed student intern in the creation of an online document library and the transfer of all documents from paper to electronic. ROYAL CASTLE DEVELOPMENT CORPORATION, Miami, FL 2002–2004 Office Manager/Asset Manager (2003-2004)
Executive Assistant to the President (2002-2003)
Managed all administrative and eventually, all asset management functions, of a for-profit affordable housing development corporation with 2,500 multifamily, senior, and mixed units on 14 properties located in 4 states.
Developed a streamlined efficient procedure for all application packages (federal/state/local).
Established process for ensuring all legal, financial, compliance and administrative issues were documented, calendared and met on all approved projects.
Instituted efficient measures to capture necessary information as RE developers exited the company.
Created deal summaries based on captured information, updated memos from lenders/partners. THE BROWN SCHOOLS OF FLORIDA, Hollywood, FL 1998–2002 Program/Accounting Coordinator (2000-2002)
Executive to the CEO (1998–1999)
Coordinated all administrative, compliance and regulatory documentation for all residents assigned by either state, county or local agencies of Level 6 Facility for State Monitored/Controlled Adolescents removed from parental homes.
Created policy and procedure handbook for all personnel in response to upcoming mandatory state inspection.
Assisted in physical management of site personnel and individual residents.
Reported to state and local agencies according to compliance regulations.
Handled CEO’s calendar/schedule/correspondence, and eventually, the coordination of program activities, as well as the overall accounting functions of the site. ADDITIONAL PROFESSIONAL EXPERIENCE:
NOVA SOUTHEASTERN UNIVERSITY, Fort Lauderdale, FL
Computer Support Liaison
JEWISH VOCATIONAL SERVICES, San Mateo, CA
Vocational/Technical Training Program Assistant
UNITED STATES AIR FORCE (USAF)
Production Control Supervisor
Plans, Scheduling & Documentation Supervisor
F-15 Jet Engine Mechanic/Supervisor
EDUCATION:
36 hours Interdisciplinary Coursework (4.0 GPA)
Nova Southeastern University, Graduate School of Social and Systemic Studies, Ft. Lauderdale, FL B.S. – Liberal Arts, Nova Southeastern University, Farquhar College of Undergraduate Studies, Ft. Lauderdale, FL (3.98 GPA– Degree with Distinction)