Marsha Marasco

973-***-****

ad3jp4@r.postjobfree.com

Portfolio Summary:

My portfolio began with luxury apartment and condominium construction with a private investor and developer before stepping into management. My experience over the years of supervision and working with trade personnel and suppliers has allowed quality control, identifying MEP Systems, capital improvements and operating expenditures, including assessment of forensic projects, audits, and correction of projects. My focus is working closely with the investors, and board members as a team player, submitting business proforma reports, variance reports and month to date reporting. I enjoy the participation and the involvement of residents in the communities and the focus of enforcing the governing documents.

Property Management:

Portfolio Manager and Onsite Manager: First Service Residential Corp. Eaton NJ and Collegeville Pa. HOA Master Community, Newtown Pa. and Condominium Assoc. Pa. 05-30-22 -01-02-24.

Both First Service Assoc. Assignments with Society Place of 326 units and 1600 Church Rd. Condo Assoc. of 116 units were closed and new management assigned with staff.

Community Manager; RCP Management Company, Cranbury, NJ. 11-09-2020-04-28-2022.

Townhome units/164 & Condominium units/112 on 43 acers in Lawrenceville, NJ.

The hire of new and existing vendors through inspections and ‘hands on’ projects,

Created Comparison Charts, Close Bid policies, negotiated annual contracts and new projects,

Restored projects within 6 months between 2021-2022 of twelve (12) major projects not started due to COVID and challenges in 2021, short of supplies of and resources with the interruption of two (2) tornados in July.

Project Completion: Recreation Courts in progress with the engineer, i) 1-tennis court, adding a pickleball court, 1.2 basketball court, ii) Close Bid landscaping of surrounding courts,

iii) Sidewalk correction of lifting and repairs to all home entrances & common walkways of 7 courts & major roadways. Iv) crackfil all roadway surfaces, v) seal coating all roadways, vi) two streets consisting of 5-buildings each of replacement of cedar sidings, garage door frames, caulking and power washing. vii) replacement of 2 exterior stairwells and CMU walls & drain system from wear & tear, plus 2 stairwells due to 2-tornados in July, viii) Removal of 21 Norwegian Pines, 20-50 ft. H-root ball and grinding, viii) Interior basement investigation of floods, in townhomes and condo common areas; total of 31” of rain fall within 6 weeks, ix) Replacement of new gutters, leaders and roof repairs, x) New ground grading around specific units due to summer storms, xi) Interior top floor unit explosion investigation with local & state officials & engineer with insurance companies, xii) Deck rot replacement inspection of townhomes a total of 6 deck floor surfaces and railing replacements.

Portfolio Manager; Taylor Management Company, Parsippany, NJ. 02-201*-**-****

A Four Seasons, K. Hovnanian Development of 108-unit high rise Active Retirement Condominium Community.

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Identifying and assisting with the Transition Period between builder and homeowners,

Proven accomplishments by streamlining and providing new preventive maintenance agreements for automated systems in the buildings and grounds,

Working closely with the technicians on site with sophisticated Building Systems and Controls for 10 buildings with underground garages,

Working with the municipality water company of pressure water controls for fire sprinkler systems, and irrigation systems of water and dry compressors engaging with town pressure,

Forensic inspections and audit of building materials for quality control, including unground water and garage foundations,

Active Adult Club House set up of events for daily, weekly, and monthly amenities of tennis court, putty green, boccie court, spa, and pool with gym. Food, and entertainment events,

Time management with maintenance involving event committees and set up of events.

Redefining the annual operating budget, deferred maintenance and capital improvement plans of 5-year budget cost after the transition period.

Family Community Portfolio: Total of 500 units in Morris County.

Family town homes and condominiums of older communities including Club Houses, pool and amenities,

Worked closely with the existing budgets and aggressively approached collections,

Due process of legal action with old delinquencies and cash flow issues,

Enhanced the roadways, grounds and landscaping with new budgets and capital improvements for the exterior of the buildings.

Accounting Program Services-Collections,

Regional Commercial Property Manager, New Jersey Employment 1980-2015

Portfolio consists of 14 Retail centers and 4 Free Standing Buildings and mix use.

Working directly with developers, private investors, enhancing marketing campaigns, capital improvements and preventive maintenance as third-party management,

Supervised tenant retrofit, construction, startup phases, commencement dates, certificates and insurance representing the Landlords.

Property Site Project Manager, ‘Hands On’ Inspections and Site Evaluations, Forensic and Life-Cycle Reports, Retrofits Construction.

Waterfront Management, Jersey City, NJ Employment & Contractual: 04/2012 -12/2014

11-Mid Rise and High-Rise Apartments and Condominiums with mix use retail as 'Hands On' Manager after Hurricane Sandy for 'Recovery and Restoring, by selecting new vendors, systems and preventative maintenance programs and new accounting assessments.

Direct contact with FEMA and Insurance carriers and continuous inspections; purchase of new building equipment, supplies and construction allowing residence to remain in the buildings offering routine services and restoring budgets.

Successful obtaining a 40ft. generator delivered from Hurricane Katrina in New Orleans to a 13-story high rise in Hoboken.

Successfully evacuated 213 residents from a high rise building with the National Guard and began the recovery process immediately.

Volunteered with groups with hot meals, water, blankets, and medical delivery remaining.

Managing of property sites with a team of 25; retrofit unit damages, common areas, community rooms and elevators. Remediation, reconstruction with the DEP and temporary practice of business to resume business.

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Forecast of building systems corrosion for future replacement costs and directing board members If special assessment were necessary for capital Improvements and major replacements.

Analyzed and established new financial goals, reviewed limited cash flow, Immediate forecasts, annual operating budgets and focused on new leasing of vacancies. marketing and promotions.

Developed new customer service for homeowners, tenants, vendor services and Board Members.

Director of Commercial/Residential Depart, K. Hovnanian Enterprises, Inc.

(Contractual) 2002-2004.The SEC Commission required closing of the commercial department.

Supervised Managers of Condominiums and Apartments built by the developer.

Upgrades to code; tenant retrofits and build outs under my supervision to increase leasing and to the sale of the properties.

Increased the sale of the Industrial/Commercial portfolio by $17M above predicted price.

Increased sale of the Industrial Park. Negotiated and standardized stronger tenant leases which brought the 33% vacancy rate down to 13%.

Increased sale appeal. Enhanced integrity and appearances of all properties by organizing team of contractors and architects. Achieved- capital Improvements under budget, increased the NOI.

Elected and appointed on the Contractor's Panel and Start Up of build to suit the new headquarters with CEO in Red Bank, for selection and qualifying of equipment systems, materials, shell, and core of building.

Certificate and Training:

1997-New Jersey Real Estate License

1992-New York Real Estate License

1980-Califomia Real Estate License

2011, 2010, 2007, 2000, 1999-Fair Housing Training

2003-2015-0SHA Training; National Fall &. Safety Stand Down, General Construction, General Industry

Safety and Health, Emergency Responder,

2006 & 2003 Construction Safety and Health,

Leadership and Staff Training:

2010,2004,2002,1996,1984,1979

2014-2004 Effective Employee Performance Evaluations and 2004-Sexual Harassment

Software programs for accounting purposes and lease abstracts:

MRI Commercial Rent Roll and Reports, Yardi Voyager Program, Rent Roll, AP & AR, Lease Abstract

Tops Accounting & Property Management Reports, Skyline and Timber Line Programs-Rent Roll, AP, AR Tenant Pro, Property Ware.

Continual Staff Training; On Site Property Managers, Maintenance Departments and Staff Members

Continual Training for Town and State ordinances, COH,

2014-2005-Training Maintenance and Preparation of REAC Inspections/Annual Inspections

2013-2012-FEMA Insurance Recovery Overview, Remediation, Construction

2004-2002-NFPA

References upon requests.

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