Jeff Gevertz
Greater Atlanta Area 404-***-**** ********@*****.***
www.linkedin.com/in/jgevertz
Finance and Asset Manager
Strategic, results-oriented finance and asset manager. Background includes
commercial real estate, RE development, REITs / private equity, and
hospitality firms. Proven success developing and implementing short,
intermediate, and long-term strategies designed to sustain or improve the
value of the portfolio or company. Core competencies include:
. Valuation, market due diligence, and capital sourcing: At Tivoli, sourced
$600M in project capital by identifying and negotiating with investors.
At Portman, performed valuations on commercial and hospitality assets
throughout the U.S. and in multiple countries including United Arab
Emirates, Vietnam, and China.
. Capital expenditure and property development projects: In the past 10
years, oversaw 15+ major repositioning PIP's totaling $60M, and numerous
CAPEX and property development projects including expansions,
comprehensive property renovations, and new hotel development. At Tivoli,
oversaw a $200M property development project.
. Value enhancement and revenue management: At Apollo, negotiated multi-
year labor concessions necessary to salvage lodging investment; realized
increases of $2.3M in NOI within a year. At Hibernian, introduced revenue
management techniques resulting in $1M in improved NOI for all four hotel
and multifamily assets within the first year.
Professional Experience
Safeguard Financial Atlanta, Georgia
2011 -
Present Founder / Director
. Created a consulting firm that works with the City of Atlanta to help
revive residential neighborhoods as well as consults with commercial real
estate owners and lenders regarding valuations and effective asset
management.
. Masterminded unique turnkey property investment model for investors
locating financing, property acquisition, rehabilitation and operational
management through a joint venture program.
Hibernian Pacific Holdings, Inc. Alpharetta, Georgia
2009 -
2011 Vice President of Asset Management and Finance
. Managed the assets of four hotels and multiple multifamily properties
across the U.S. for a strategic real estate owner.
. Introduced revenue management techniques resulting in $1M in improved NOI
for all four hotel assets within the first year.
. Drove improved flow-through from 50% upon acquisition to 63% by applying
revenue management, internal controls, and forecasting / cash flow
modeling strategies.
. Reviewed and critiqued monthly and annual operating statements, annual
marketing plans, and annual capital plans among other regular and special
reports.
. Completed a property review for each asset in the portfolio no less than
twice per year.
Tivoli Properties, Inc. Atlanta, Georgia
2006 - 2009 Vice President of Asset Management and Finance
. Managed assets and oversaw feasibility, due diligence, revenue
management, and cash flows for multifamily and hospitality developments
in the southeast U.S. for a local Atlanta-based real estate firm.
. Captured savings of over $20M on a project by obtaining specific tax
abatements passed through Atlanta development authorities. This was the
first multifamily project to accomplish this in Georgia.
. Sourced $600M in project capital by identifying and negotiating with
investors.
. Engineered all accounting, HR, and finance management requirements during
company's start-up phase.
. Increased development savings by $3M through execution of interest rate
hedges and interest rate elections.
. Oversaw a $200M development project for Mandarin Oriental in midtown
Atlanta.
Portman Holdings Atlanta, Georgia 2005 - 2006
Hospitality Asset and Finance Manager
. Responsible for project feasibility analysis, development, and financial
structuring on both domestic and international developments. Assisted
with asset management for two hotels and multifamily properties for an
international real estate development company.
. Helped build financial analysis and modeling for all commercial and
hospitality and multifamily project developments.
. Developed ongoing corporate relationships with key global clients,
including managing foreign currency and interest rate risks, which
sometimes led to penetrating new markets and in many cases development of
commercial and hospitality assets in multiple countries, including United
Arab Emirates, Vietnam, South Korea, and China.
. Improved speed of execution by 300% by designing and launching an
underwriting process to quickly and accurately analyze potential new
developments.
Apollo Real Estate Advisors Atlanta, Georgia 2002 - 2005
Hospitality Asset Manager
. Led accounting and asset management of eight hotels located across the
U.S for a leading international real estate investor and fund manager.
. Increased NOI by $1.7M, or 62%, after a takeover - despite a 38% decline
in supply and no change in product condition - by applying yield
management techniques.
. Negotiated multi-year labor concessions necessary to salvage lodging
investment; realized increases of $2.3M in NOI within a year.
. Directed profitability of seven U.S. hotels by managing lodging
investment to meet outlined company objectives.
. Instituted performance metrics and launched monthly financial analysis of
each hotel to drive goal achievement.
. Raised properties' ADR by 26% over a two-year period by coordinating with
regional team to increase BAR pricing strategies.
Marriott International Atlanta, Georgia 1999 - 2002
Accounting Controller
. In charge of accounting for a cluster of hotels in Atlanta. Responsible
for financial statements to ensure accuracy and integrity for worldwide
hotel operator with over 200,000 U.S. employees.
. Coordinated execution of $20M enterprise program, which streamlined
accounting procedures across multiple hotels.
Education and Community Service
Masters in Business Administration, specialized in Real Estate Finance
Florida State University Tallahassee, Florida
Masters Certification, Asset & Accounting Management Cornell University
Ithaca, New York
Bachelor of Arts, Finance Florida State University Tallahassee,
Florida
Community Service
Board Member - Children's PEACE
Board Member - Atlanta Seminole Club
Member - Urban Land Institute
Volunteer - Hands On Atlanta
Volunteer - Nicholas House