Acquisition professional

Michael J. Kassarjian

**** ***** ******* ****** ● Chicago, Illinois 60647 ● adll3j@r.postjobfree.com ● 312-***-****

Professional Experience

Lillibridge Advisors – Chicago, Illinois 2007

Director of Advisory Services for solutions in the real estate healthcare market

Led the planning, monitoring and execution of Advisory engagements related to Lillibridge’s healthcare real estate group. Tasks included planning and performing engagements; conducting market research; analyzing and recommending final estimates for valuation and market rent assumptions (including fair market rents and occupancies, highest and best usage, and capitalization and financing strategies); developing strategies for presenting properties as a third-party investment.

Brookdale Senior Living Inc. - Chicago, Illinois 2005-2007

Acquisitions Associate for US’s largest owner and operator of senior living communities and senior-related services

Managed the due diligence on the acquisition of $200+ million in Independent, Assisted Living, and Skilled Nursing facilities throughout the United States. Tasks included ordering third-party due diligence reports; analyzing risks; abstracting agreements and leases for operations analysis; summarizing facilities’ service contracts; marshaling contract review through due diligence process; monitoring transactions through closing; and establishing requirements for transitioning an asset from Acquisitions to Asset Management.

Federal Home Loan Mortgage Corporation - Chicago, Illinois. 2004-2005

Credit Analyst for US government sponsored consolidator of mortgage backed securities

Supported the mortgage purchase and securitization programs through the assessment and ongoing monitoring of loans purchased from partner financial institutions; this work included identifying material changes to lending patterns and tracking loan quality; provided ad hoc support for assessment of partner financial institutions’ continuing participation in the loan purchase program.

Urban Growth Property Trust - Chicago Illinois. 1997-2000

Vice President – Due Diligence, Corporate Finance and Secretary for private real estate investment trust

Responsible for contract negotiation, acquisition due diligence and internal reporting. Specific duties included: Due Diligence: Negotiated contracts, underwrote, and closed over 30 acquisitions totaling $420 million; prepared Investment Memos and presented these to the Board of Trustees. Asset Management: Managed the Trust’s investment portfolio; prepared monthly performance analyses and annual operating and capital budgets; updated monthly operating results, compared these to budget and reported results to the Board of Trustees. Leased retail space with local agents in numerous CBD markets. Corporate Finance: Monitored cash flow and scheduled equity calls with parent company based on operations, capital plans, acquisitions and dividend distributions; prepared financial reports for the Board and distribution to shareholders.

Ernst & Young Kenneth Leventhal Real Estate Group, Chicago, Illinois 1992-1997

Manager 1/96 – 5/97, Senior Real Estate Consultant 1/94 – 12/95, Associate Real Estate Consultant 7/92-12/93

Advised clients including private equity investors, REIT’s, life companies, pension funds and investment banks; Conducted, trained, and supervised staff in valuation activities including full narrative appraisals, appraisal updates; Derived real estate and mortgage investment valuations throughout the United States across multiple asset classes; Led due diligence efforts on two bulk sales totaling $535 million in mortgage loans and real property; provided comprehensive services for the formation of a private retail REIT including cash flow modeling and the creation of prospectus packages for equity investors and lenders.

Education

Rice University, Houston, Texas ● Jones Graduate School of Business Administration, MBA 1992

University of Michigan, Ann Arbor, Michigan ● School of Literature, Science and Arts, BA 1990

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