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Property Management Real Estate

Location:
Matthews, North Carolina, United States
Posted:
October 28, 2016

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Resume:

JAMES G. CERESNAK, JD

acxahs@r.postjobfree.com 704-***-**** www.linkedin.com/in/jamesgceresnak

PROFESSIONAL PROFILE

Financial and administrative professional with extensive experience in Real Estate Development, Construction and Property Management. Develop and implement new operational and financial processes utilizing the analysis of market and financial data. Excellent communication, relationship, and team building skills to drive long term ROI. Hands on professional who thrives on the challenges of working with property owners and tenants in changing market conditions and repurposing under- utilized assets.

Property Management

Lease Negotiation

Lease Preparation

Budget Preparation

Cash Flow Management

Procedures Development

Tenant Relations

Market Financial Analysis

Contracts / Negotiations

KEY ACCOMPLISHMENTS

Developed and implemented companywide procedures to track all commercial lease agreements so lease renewal negotiations between property owners and tenants would begin well in advance of lease expiration dates.

Developed a form Commercial Lease Agreement with clauses to fit standard leasing situations in an effort to minimize lease submission times and transaction finalization.

Developed and implemented a Business Plan that converted a vacant supermarket into a multi-vendor / tenant retail center. Assisted in the design of the building retrofit, negotiated all tenant leases, hired the sales staff, prepared budgets, and implemented marketing and revenue generating strategies.

Created a Business Plan, that converted the first floor of a single tenant office building into a multi-tenant “Single Office” business center. Managed the retrofitting of the space, prepared budgets, negotiated all leases, and formulated marketing strategies.

Analyzed market conditions to establish rents, developed budgets, hired leasing consultants / maintenance personnel, and implemented a marketing plan to lease 168 units in a newly constructed apartment complex. Achieved 97% occupancy rate, exceeding startup plan.

PROFESSIONAL EXPERIENCE

JAMES G. CERESNAK JD, BUSINESS SERVICES 1997 to Present

Accounting, Bookkeeping, Tax Preparation and Property Management.

PHOENIX RECONSTRUCTION SERVICES, President 2010 to Present

(concurrent with above position) Residential Property reconstruction and remodeling.

TYSON GROUP COMPANIES, Monroe NC 281109 (various positions) 1998 to 2010

President of RMMC, Inc. (Rental Maintenance & Management Co., Inc.) (1998 to 2010)

Managed the day-to-day operations of RMMC which included 369 residential apartment homes and 26 commercial buildings (retail, office and industrial) ranging in size from 5,000 square feet to 72,000 square feet and containing approximately 55 individual commercial tenants. Negotiated the commercial lease agreements, property management agreements and maintenance subcontract agreements for all properties. Worked with staff and in house Realtors to develop marketing strategies for managed properties.

Implemented detailed inspection, maintenance and reporting procedures for all managed properties and trained staff in the use of same. Result: Provided accountability for the condition of the properties and record keeping for property owners.

JAMES G. CERESNAK 704-***-****) Page 2

TYSON GROUP COMPANIES (continued)

Developed budgets, implemented cost reduction and cash flow management plans for RMMC and all managed properties on an annual basis. Closely followed market conditions to keep track of rental rates for lease renewals. Result: Increased net rents and profits.

Developed procedures within the accounting department to code and keep track of CAM expenses for all properties. Result: Improved bottom line for our client property owners.

Chief Operating Officer while President of RMMC, Inc. (2002 – 2010)

Directed all aspects of the Tyson Group’s operational policies, objectives, and initiatives. Worked with the CEO in the attainment of short and long term operational goals, negotiating real estate purchase / sale contracts, and construction and development contracts.

Developed the format and procedure to track multiple company and partnership revenues / expenditures to estimate company cash flow requirements: Result: Eliminated the need to borrow funds.

Negotiated property, casualty, medical and dental insurance contracts on an annual basis: Result: Minimized or eliminated the impact of increased rates on the company.

Chief Financial Officer while President of RMMC, Inc. (2000 – 2002)

Responsible for directing the Tyson Group’s overall financial policies. Developed and implemented programs for cost reduction, debt consolidation, cash flow management and reporting procedures. Worked with the management of each division within the Tyson Group to prepare annual budgets and business plans.

Developed the format and procedure for estimating the Net Profit, Rate of Return, Tax Implications, and Cash Flow Projections for all proposed commercial and residential projects: Result: Accurate projections to assist in the decision-making process.

Worked with the CEO in refinancing properties: Result: Reduction of interest expense.

Developed a cost analysis procedure to assist management in the plan selection process for all residential developments: Result: Elimination of unprofitable residential home plans.

H&H DISTRIBUTION SERVICES, INC., Charlotte, NC 28208 1997 to 1998

Vice President of Finance

Implemented plans for cash flow management, cost reduction, debt restructuring and consolidation, and negotiated settlements with creditors.

Calculated the true cost of operations, allocated overhead and developed budgets for each of the company’s warehouses: Result: Accurate and profitable customer storage proposals.

Utilizing revised costs, negotiated new storage contracts with all of the company’s customers renewed in 1997-1998 Result: The company made a profit on all newly negotiated contracts.

Obtained short term financing. Result: Assisted with cash flow requirements.

EDUCATION

Juris Doctor, Emphasis on Commercial and Real Property Transactions, and Taxation,

Seton Hall University School of Law, Newark NJ

B.S. in Accounting, (Academic Scholarship in Accounting) with a minor in Finance, Seton Hall University, South Orange NJ

COMMUNITY ACTIVITIES

Member of Cincinnati Lodge No. 3 of Free and Accepted Masons

Former Member of the Board of Directors of the Monroe Rotary Club

Past Chairman of the Rotary Foundation of the Monroe Rotary Club



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