Anthony F. Navarro
North Salem, NY 10560
*********@***.***
Asset Management and Property Management professional – proven ability to develop and execute successful business plans.
Talent and experience to manage and lease all property types. Specialized loan workout, underwriting and REO skill set.
Extensive experience with complex loan and ownership structures including affordable and tax credit assets. Expert negotiator
possessing strong analytical, communication, reporting and due diligence strengths. Excellent team player and builder.
PROFESSIONAL EXPERIENCE
Hanover Street Capital, New York, NY 3/12 – 8/13
Director
- Managed several opportunistic real estate portfolios for Deustche Bank.
- Developed Hanover team and strategies to manage loans and REO assets.
- Developed annual business plans and budgets
- Direct marketing and disposition of 45 REO properties.
- Direct marketing and disposition of 10 loans - $10,000,000 gain
- Achieved the successful workout of several sub-performing loans.
- Portfolios included performing, non-performing loans and REO properties - $150,000,000 value.
- Asset types included hotel, office, and residential retail, industrial and vacant land.
New York University - Schack Institute of Real Estate 5/11 - Present
Adjunct Professor
- Teaching Strategic Real Estate Management in the Graduate Program.
- The course examines techniques for increasing the value of real estate assets under management
on behalf of ownership and reviews the components of asset management that directly affect the
cash flow and underlying value of a single asset or a portfolio of assets.
NRG LLC, New York, NY
Managing Director
7/10 – 3/12
- Developed workout and exit strategies for lenders and borrowers.
- Portfolio included 2,300 multifamily units and six office properties.
- Underwrite and obtain the re-financing of $45,000,000 of maturing debt.
- Developed best practice management policies plans.
- Marketed performing and non-performing loan portfolios.
Capmark Finance Inc., New York, NY 3/08 – 7/10
Vice President/Senior Asset Manager
- Managed the New York Structured Asset Management Group -$400,000,000 loan portfolio.
- Led asset management and disposition of REO assets.
- Restructured a non performing $142,000,000 loan - 15 multifamily properties (4,500 units).
T and M Real Properties, LLC, New York, NY 8/06 - 3/08
Asset Manager
- Directed real estate activities for this Chicago based private equity company.
- Acquired distressed debt and REO assets for redevelopment opportunities.
- Managed workout and foreclosure process for loan portfolio.
BUSINESS LOAN EXPRESS, New York, NY 4/02 - 8/06
Vice President/Senior Asset Manager
- Developed the Asset Management group and policies for this national lender.
- Managed the REO portfolio of SBA and conventional assets.
- Managed sales, broker relationships and real estate activities – sold over 150 REO assets.
- Underwrite SBA financing to facilitate the sale of REO assets.
RFR REALTY, New York, NY 2/01 - 4/02
Senior Vice President
- Managed a New York City office portfolio – 6,000,000 sq. ft.
- Properties included trophy buildings Seagram Building and Lever House.
- Directed property management, building maintenance and capital projects.
- Supervised tenant spaces plans and build outs.
NEW YORK CITY HOUSING AUTHORITY, New York, NY 7/99 - 2/01
Executive Director/General Manager
- Appointed Deputy General Manager of Management.
- Directed property operations for 180,000 public housing units.
- Directed leasing and social program departments.
- Appointed Executive Director, March 2000.
- Managed 47 operating departments with an annual budget of $2B.
- Awarded the 2000 HUD Best Practices Award – Outstanding Achievement.
CITIBANK, NA, New York, NY 12/91 – 7/99
Citicorp Real Estate, New York, NY 8/97-7/99
Vice President/Senior Asset Manager
Corporate Finance Real Estate, London, England 3/96-8/97
Vice President
Citicorp Real Estate, Chicago, IL 12/91-3/96
Vice President/Senior Asset Manager
- Managed several major office portfolios in the US, Canada and Europe.
- Negotiated over 2,000,000 sq. ft. of office lease transactions.
- Negotiated REO property sales in excess of $500,000,000.
EDUCATION
- London Business School, Investment Management Program
- Long Island University, Graduate Management Program
- New York University, Real Estate Finance
- St. John’s University, Bachelor of Science
PROFESSIONAL ASSOCIATIONS
- Eligible Receiver/Manager – New York State
- Real Estate Broker – New York State
- Licensed Real Estate Instructor
- Real Property Administrator (RPA) designation
PERSONAL ASSOCIATIONS
- Chairperson - Town of North Salem Housing Board