Manager Real Estate
Resume:
JAY R. BROWN
*** ************ **, ********** *****, NY
*********.*****@*****.***
EXPERIENCE
Hardscrabble Improvements Corp. Briarcliff Manor, NY 12/2015 - Present
President – Tree Mek Operator
Owner/Operator of large knuckleboom crane with 100’ reach utilizing a modern remote-control tree removal technique
Small business do-it-all owner (marketing, financial management, mechanic, etc.)
Jay Brown Properties Briarcliff Manor, NY 12/2015 - Present
Principal – Real Estate Investor and Consultant
Equity investor in private partnerships purchasing commercial and residential real estate
Assessment of private portfolios for buy/hold/sell strategies supporting increased valuations and unlocking equity
Design and implement repositioning plans, including oversight of capital improvements, contractors, and execution of cost saving measures
Review and advisement of debt and refinancing options
Bank of the Ozarks (formerly Intervest National Bank) New York, NY 10/1998 - 12/2015
Assistant VP / Loan Officer / Underwriter / Relationship Manager
Placement and negotiation of $1-15M commercial real estate mortgages on properties in the Eastern and Midwest US
Responsible for full loan underwriting, loan committee proposal, and closing
Performance of loan management and collateral review with reporting & grading of a revolving $160M portfolio
Financial analysis of cash flows, debt service coverage, rollover risk, balance sheets, and income statements
Conduct physical property inspections along with analysis of local market conditions and comparables
Strong knowledge of building construction for assessment of physical condition/defects and cost to complete
Monitoring of bridge loans and administration of construction draw downs along with re-inspections
REO management including approval of major capital improvement plans, construction, budgeting, marketing, sale, with oversight of third-party managers and contractors.
Accomplishments include extended oversight and repositioning of two garden apartment complexes with 800+ units.
Houlihan-Parnes, LLC White Plains, NY 12/1995 - 10/1998
Asset Manager
Portfolio manager of commercial properties & assets with a value of $100 million
Preparation of cash flow projections & budgeting of portfolio assets
Broker and negotiator of REO property and paper sales
Legal management of foreclosure and bankruptcy actions
Mortgage servicing and collection on performing and non-performing loans
Due diligence for property acquisitions
Negotiation of workouts and loan restructuring
Parker Duryee, et al. New York / Philip Aaron, P.C. Syosset, NY 11/1992 - 12/1995
Real Estate and Foreclosure Paralegal
Performed due diligence of commercial loan portfolios for acquisition
Conducted residential and commercial closings
Lease and mortgage drafting & abstracting, review of management contracts
Managed property foreclosures for major national banks
Examined title and mortgage modifications, environmental reports
EDUCATION
State University of New York at Oswego, Oswego, NY
Bachelor of Arts Degree in Public Justice - August 1992
LICENSES & CERTIFICATIONS
Notary Public
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