GILL GABBAY
*** ******* *** ***. *** York, NY ***16 I 718-***-****
****@**********.***
Equity READ LLC New York, NY
Director Oct 2014-Present
• Developed new software through proprietary data in order to source new deals for development and value add through GEO-Spatial analytics.
• Analyze distressed multi-family properties throughout the Tri-State for value add opportunities.
• Maintain & pursue new & existing relations with local lenders & PE entities for equity resource.
• Originate debt and negotiate JV/LP participation for new developments/ repositions to achieve maximum capital stack.
• Direct all feasibility and underwriting for new and existing developments and income producing assets.
• Responsible for the marketing & sale of repositioned assets including negotiation for sale/ lease back transactions.
Concept NYC Realty Inc New York, NY
Broker/ Director (Investments Sales) Jan 2012 – Oct 2014
• Canvass & call 50-80 property owners on a daily basis
• Manage staff of 4 and 3 salespersons.
• Maintain & pursue new & existing relations with local landlords, portfolio managers & asset managers.
• Primary focus on Manhattan West (Hudson Yards/ West Chelsea)
• Directed all land assemblage negotiations including TDRs (Transferable development rights) negotiations to maximize developments (as of right) for client offerings.
• Negotiated sale/ lease back for future developments
• All memorandums were offered after extensive zoning and feasibility studies within the specialty zoned districts to provide “bulk” realization.
Milestones:
• Negotiated the dissolution of partnership and sale of a 215 unit garden rise apartment complex in Hollis Gardens, NY at a rent multiple of of 11.0 or $113,000/ door.
• Negotiated the sale/ lease back of an adjoining lot assemblage including neighboring air rights for a procurement of a 45,000 sft development site (as of right) within the Hudson Yards perimeter.
• Negotiated DPO with JPM Chase for a 9 unit mixed use property; originate prelim pay off & construction loan with PE Fund; originate interim/ perm finance ($6,950,000), local community bank: 24 Month process. Assisted in repositioning/ underwriting/ deregulating (8 of 9 units) & occupancy (including long term NN lease of storefront).
• Negotiated and closed over $45,000,000 in Real Property transfers. El-Al Properties llc New York, NY
Dir. Of Acquisition/ Portfolio Management Nov. 2008 – Jan 2012 Roles & Responsibilities
• Maintained a diversified Real Estate portfolio spanning from Brooklyn, NY to Charlotte, NC. GILL GABBAY
160 Madison Ave apt. New York, NY 10016 I 718-***-**** ****@**********.***
• Consisting of two super centers, 3 office buildings (250,000 sqft) and 4 residential buildings (288 units).
• Managed all marketing campaigns and broker relations.
• Personally negotiating leases, build outs and covenants.
• Responsible for in-house underwriting/ proposition of 2 office buildings and 1 strip center for PE funding.
• Maintain existing and new relations with tenant reps. Achievements: Positioned the centers with national tenants/ anchor tenants such as:
• McDonalds (outparcel) - Negotiated with corporate and territorial franchisee for Build out/ lease duration and liability (NNN) Kroger's/ Peebles (anchors) - Repositioning of defaulted local supermarket after acquisition.
• Dunk'n Doughnuts, AT&T, 24H Fitness, Children's Place along with various mom & pop lease up.
• Maintained 94% occupancy rate throughout tenure through intensive marketing campaigns/ broker incentives
& critical tenant- lease negotiations.
• Negotiated the sale of a 2 office building portfolio to achieve a 37% ROI after a 24 month restructuring/ reposition campaign.
Meridian Capital Group New York, NY
Commercial Loan Specialist March 2007 – Nov 2008
• Establish & maintain relations with residential/ commercial property owners.
• Market Refinance, cash out, and construction/ development loans.
• Underwrite feasibility reports for new developments and capital stack thereof. Originate acquisition and development loans & arrange for exit strategy (permanent financing).
• Establish & maintain relations with community and National lenders/ PE funds. Globelend Mortgage Miami, FL
Senior Loan Officer July 2005 – Feb 2007
• Manage 11 residential loan originators
• Residential loan refinancing/ consolidation (NINA/ SISA/ FIFA). HELOC-origination.
• New purchase financing (SFH/ Condo/ Condo-tel)
• Foreign- National origination & financing
Paramount Properties Bayonne, NJ
Property Manager/ Maintenance Manager May 2002 – July 2005
• Managed portfolio of 475 residential units, comprised of 4-family to 85 unit properties. Managed two
(2) strip centers and 6 stand alone retail locations
• Managed a crew of 26 maintenance workers.
Personally maintained all inspections and code compliance. Oversaw all new lease negotiations/ commencements.
• Managed all work orders and state & locality regulated applications.
• Negotiated all construction contracts
• Over-see all construction production, material orders, change orders and permit procurements. GILL GABBAY
160 Madison Ave apt. New York, NY 10016 I 718-***-**** ****@**********.***
Achievements (Paramount Prop):
• Implemented sub-metering unit conversions along with IAI for 16 properties to achieve maximum capital return.
• Achieved 98% occupancy rate spanning a portfolio of 8 properties "Oranges Portfolio" (throughout E. & W. Orange), based on government subsidized tenancy.
• Obtained funding through CRA for a portfolio of 3 multi-family properties by way of subsidized tenancy and rehabilitation proposition.
• Negotiated construction contracts and maintained all change orders and 3rd party subcontractors. Special Skills:
o Proficient in Microsoft Word, Excel, PowerPoint, Quickbooks, Tableau, QGIS & Filemaker o Poses strong personable skills & Strong administrative skills. o Poses strong understanding of project oversight and management. o Able to put out fires and obtain an executive approach on problem solving. o Strong understanding of client/ entity relations and values thereof. o Strong ability to work under pressure and navigate through a tense environment. o Strong ability to multi task; Unfazed by working extended hours. o Extensive experience & knowledge in NY metro markets and trends in Real Estate. Certificates/ Licenses:
NYS Real Estate Broker (Since 2009)
NYS Salesperson License (G.C.)
EPA RRP Certificate
OSHA 30 Certificate