Sales Manager
Resume:
Michael Melamed
Langhorne, PA 19053
*******.********@*****.***
Education
Drexel University, Philadelphia, PA
Bachelor of Science in Business Administration, Graduated -
June, 2007
Finance Concentration
Job Experience
Berkadia Commercial Mortgage, Horsham, PA
Client Relations Manager (CMBS & Portfolio Loans), July 2013 -
September 2014
. Servicing a portfolio, primarily for Citibank, of Balance
Sheet and CMBS (Fannie Mae/Freddie Mac) Loans:
. Monthly billing for Weekly Variable Rate CMBS Loans
including monitoring of Principal Reserve Deposits/Redemptions,
along with Taxes, Insurance, Replacement Reserve and other
Escrows, and Calculating Fees such as Remarketing, Credit
Enhancement, Issuer, Trustee, etc.
. Becoming familiar with various aspects of the Loan Docs,
such as Replacement Reserve stipulations, Financial Reporting
requirements, Payoff conditions, and a multitude of other
specifications, in fulfilling the role of primary contact both
internally and for the Borrowers, Lenders, Investors, and
Trustees.
. Attaining approvals and facilitating Rate Cap Purchases,
Letter-of-Credit Bond Redemptions, Payoffs, Replacement Reserve
Disbursements, SWAP Payments, and other Escrow related
transactions.
. Increased the efficiency of Posting Payments by improving the
procedure for searching the Incoming Funds reports and upgraded
the process of Imaging Compliance Documentation by expanding the
use of available technology.
Rosedale Management Company, New York, NY
Controller/Office Manager/Benefits Administrator, May 2011 -
June 2013
. Controlling the financial activities of the entire Real
Estate portfolio consisting of approximately 30 properties,
each managed as its own company
. Responsibilities included the day-to-day supervision of
transactions, bank accounts, and banking relationships, monthly
reporting to ownership groups, administration of the employee
benefits package including the Pension, Profit Sharing, and
Medical Insurance plans, managing the accounts payable and
receivable staff, and overseeing the annual audit of the books
and benefits package
. Implemented a variety of procedural improvements which
increased efficiency and significantly reduced operating
expenses
Washington Mutual Corporation, Plymouth Meeting, PA
Loan Consultant/Financial Analyst, July 2008 - January 2009
. Assisting Senior Loan Consultant with analyzing deals he
sourced, i.e. financials, property, and borrower
. Working with customers to collect all necessary information
to expedite the due diligence and funding processes
. Researched and analyzed CMBS portfolios to compile a database
of properties, whose loans were approaching maturity and
conformed to bank guidelines, as a tool to source new business
Washington Mutual Corporation, Plymouth Meeting, PA
Commercial Sales Rotation Associate, July 2007 - June 2008
. Exposure to all critical aspects of the Commercial Term
Lending process by means of a 12 month rotational program
. Rotation assignments consisted of Underwriting, Commercial
Appraisal, Processing, Closing, Servicing, and Sales.
. Tasks within these rotations included evaluating a commercial
property's/market's value and analyzing a property's, entity's,
and sponsor's financials
NWJ Companies, Philadelphia, PA
Acquisitions Specialist, September 2005 - May 2007
. Analyzing the investment opportunities in various markets and
multi-family properties based upon designated criteria through
the use of Microsoft Excel spreadsheets
. Evaluating properties via sales and rental comparables
attained through communication with brokers and property owners
along with internet tools such as Realquest.com
. Travel to markets and specific properties to perform detailed
due diligence
. Locating and contacting owners to facilitate discussions of
potential acquisitions
Quaker State Mortgage Corporation, Bala Cynwyd, PA
Commercial Loans Analyst, September 2004 - April 2005
. Initial underwriting of all loan requests by deciding if
loans matched designated company standards
. Followed-up with borrowers and lenders
. Marketing to attract new business
Honors/Skills
. Microsoft Office User Specialist in Microsoft Excel
. Fluent in Russian
Contact this candidate