Management Manager
Resume:
Lynne Jacob
Redondo Beach, CA 90278
**************@*****.***
Extensive real estate management experience with office, retail, commercial, industrial, residential, and condominium properties – expertise includes:
Property Management Budget Development & Finance Analysis Construction Management Tenant Design & Build-out
Leasing & Marketing Bid Specification, Evaluation and Award Acquisitions/Dispositions Asset Management
Professional Experience:
Regional Asset Manager 02/16- Present
Asset Strategies, LLC – Fort Lauderdale, FL
Contract asset management for commercial assets located in Washington, DC, Los Angeles, Florida and North Carolina to include budget development, transition management, cash flow analysis and property valuation.
Responsible for maximizing the performance and value of the company’s portfolio, formulating and implementing a long range real estate asset management or fund management strategy.
Direct asset strategies including leasing, physical improvements, capital structure and sell/hold analysis based upon financial analysis, market analysis, and valuation reporting for portfolio clients or fund.
VP of Property Management (Director) 07/14-02/16
Broad Street Realty - Bethesda, MD
Responsible for all aspects for property management and development work for 22 commercial, office and retail properties located in a multi-state region with a combined value of $500 million.
Oversee repositioning and renovation of the assets with a strong understanding of real estate finance, complex deal structures, leasing, property operations, and capital improvements for commercial retail and office properties.
Accountable for the overall financial performance of each asset including, cash flow, I&E, expense and revenue forecasts, and capital forecasts.
Developed and manage annual budgets and asset plan for each property. Worked with Asset team to develop property strategy, marketing and leasing objectives for each asset.
Assisted in the sale process and underwriting of new investment opportunities.
Prepared leases, lease amendment and other legal documents.
Consistently identified new sources of revenue while effectively managing costs and operational efficiencies.
Maintained an in depth knowledge about the economic and physical condition of the portfolio
Conceptualized development of design concepts including construction and contract administration including large capital construction projects.
Negotiated and executed all contracts to include the purchase of wholesale electricity, trash and service agreements.
Monitored property operations, including leasing, collections, CAM reconciliations, client services, maintenance, and lease administration.
Managed and coached a diverse staff including annual reviews for property managers, engineers and administrative staff. Created and implemented policies, procedures and practices. Director of Operations / Sr. Regional Commercial Manager 5/04 to 03/14 Capitol Management - Chevy Chase, MD
Overall responsibility for the financial and operational processes for 11 commercial, office, retail, industrial and residential properties with a combined value of more than $250 million.
Directed the analysis of asset performance in a variety of financial areas, including costs, income, income/expense ratios, value, return on investment, etc.
Negotiated, and prepared leases for each asset including Eagle Bank, Dunkin Donuts, Hertz, Five Guys, Avon and Maaco.
Established rental goals, prepare turnover estimates, establish proper staffing and project marketing and advertising programs necessary to reach occupancy and income goals.
Assisted in the due diligence assignments for properties in the region and assist the transaction officer with property tours and buyer due diligence.
Accountable for property operations, including leasing, collections, expense reconciliations, engineering, maintenance, and lease administration. Senior Commercial Portfolio Manager 3/00 to 05/04
The Lenkin Company – Bethesda, MD
Managed Class A assets for six properties comprising over 800,000 square feet of Class A commercial office and retail space in the Washington DC Metropolitan area. Senior Commercial Property Manager 12/91 to 3/00
AR Kronstadt Realty - Bethesda, MD
Directed asset management team with support to the property management, leasing and construction management for a portfolio in excess of 1.2M square feet of commercial, retail, and industrial property valued at over $85 million.
Professional Affiliations
Advisory Board Member & Volunteer – A Wider Circle – A charity organization serving those in poverty throughout the Washington DC Metro Area
Women in Business (WIB) Network
Professional Skills:
Microsoft Office Suite (Word, Excel, Access, PowerPoint, Outlook) Yardi, MRI, QuickBooks, Argus
Linked In:
http://www.linkedin.com/lynne-jacob
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