John H. FitzGerald, MBA, CPM
*******************@*****.*** 703-***-**** linkedin.com/in/john-h-fitzgerald Chevy Chase, MD 20815 SENIOR REAL ESTATE PROFESSIONAL
Respected Real Estate Executive with extensive experience in multi-family property acquisition, re-development, value- add, and asset management in the Washington, DC area and Southeast. Proven track record of improved property performance and value enhancement, property improvements and repositioning. Skilled communicator with significant market knowledge with the ability to build cross-functional collaboration and strategic partnerships. Client focused to achieve the owner’s goals and objectives. Core competencies includes: Project Management • Financial Analysis • Design Budgeting & Resource Allocation • Construction Oversight • Strategic Planning & Execution • Deal Origination and Structuring • Underwriting • Equity Raise • Design Value Engineering • Cap. Ex Execution • P&L Management • Corporate Governance • Data Analytics & Reporting • Regulatory Compliance
& Risk Management
SELECTED ACHIEVMENTS
• Successfully renovated over 850 apartments and 55 apartment buildings under tight time schedules and budgets to maximize cash flow through targeted cap-ex projects, to drive rents, decrease vacancy and maintenance costs, to ultimately increase property value
• Developed and extensively renovated high-end homes including all due diligence, entitlement, acquisition, design oversite, project management, finish selection, budget adherence, and disposition
• Managed a portfolio of 650+ residential and commercial units valued at $125MM+ with 7% YoY growth
• Improved the condition of all properties from Class C to Class B through targeted apartment renovations, exterior and interior building improvements and upgrades, including full-scale building wide renovations PROFFESSIONAL EXPERIENCE
Founder and Director, Chain Bridge Properties, LLC 2018-Present
● Acquired, entitled, and renovated several high-end, multi-million-dollar single-family homes in Maryland, Virginia, and Washington, DC
● Identified prospective properties, conducted analysis including design options and construction costs to establish profit projections and forecast revenue generation
● Created pro-forma statements and finance options to derive property value and acquisition price
● Supervised architect, zoning attorney, and structural engineer to subdivide, rezone, and gain approvals and permits
● Managed all aspects of the design and zoning process to achieve the highest and best use of the property
● Incorporated design features to respect and enhance historic architectural elements
● Developed relationships with various government agencies and neighborhood associations to allay concerns, foster collaboration, and secure support for community-building initiatives
● Built valuable relationships with various contractors, vendors, and professionals in the construction industry
● Evaluated, negotiated, and secured competitive contracts with construction firms and suppliers of interior/exterior finishes to maximize profitability, service/product quality, and ensure timely delivery
● Oversaw daily construction operations to track progress, excellence in craftsmanship, and budget adherence
● Oversaw the disposition process: engaged suitable real estate agents, designed marketing materials, engaged potential buyers, and managed the closing process including contract negotiations and inspections Partner - Acquisitions, NOVO Development Corporation 2014–2018
● Identified prospective multi-family properties in the Washington, DC and cities in the Southeast, created detailed underwriting and proformas to calculate anticipated returns according to income and expenses, condition and value-add opportunities
● Negotiated the purchase price and terms, raised capital, and created ownership entities, and closed each transaction
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● Implemented capex projects in adherence with proformas, in conjunction with property management teams, to maximize income and value enhancement. Oversee the life span of the asset from closing, start of turnaround and repositioning to ensure maximum NOI, ROI, and IRR
● Oversaw and directed the management of newly acquired properties, hired staff, conducted training, to ensure adherence to pro-formas to drive increases in NOI
General Partner and Director of Property Management, FitzGerald Properties Real Estate Management 1991 – 2014
● Managed a portfolio of 650+ residential and commercial units valued at $125MM+ with 7% YoY growth
● Directed and managed all operational divisions including property renovation and improvements, maintenance, leasing, rent collection, and personnel
● Improved the condition of all properties from Class C to Class B through targeted apartment renovations, exterior and interior building improvements and upgrades, including full-scale building wide renovations to maximize cash flow through higher rents and lower vacancy and credit loss, and decreased operation costs
● Oversaw all aspects of cap-ex improvements including kitchen and bathrooms renovations, building wide window replacement, new parking lots, roof replacement, electrical and plumbing upgrades, façade enhancement, HVAC replacement and elevator upgrades
● Created and implemented strategies for real estate acquisition/disposition, property development and management to maximize profitability, while adhering to regulatory compliance
● Directed all marketing and advertising of the company and the properties. Early adapter to on-line marketing to greatly enlarge exposure of the properties to improve leasing while reducing vacancy loss and advertising costs EDUCATION, CERTIFICATIONS, & AFFILIATIONS
Master of Business Administration, Georgetown University Bachelor of Architectural History, University of Virginia Certified Property Manager, Institute of Real Estate Management Advisory Board Member - Chain Bridge Bank
Mentor - Project Healing Waters, volunteer fly fishing guide and mentor for disabled Veterans