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Property Manager Regional

Location:
Waterford, MI
Posted:
February 01, 2023

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Resume:

Michael Forrest

**** ******** **. *********, ** *8327 248-***-**** adu19j@r.postjobfree.com

Summary of Qualifications

Extensive experience working with multi-site portfolios.

Instrumental with multi-million asset sales transactions as a seller and buyer representative.

Solid financial experience with budgeting, expense control, improving cash flow.

A teacher/mentor, a leader that inspires employees to increase performance levels and grow as individuals.

High energy salesperson that believes that the competitive edge comes from people and service. Education

MBA – DeVos Graduate School, Northwood University

BBA - Northwood University, Business Administration – magna cum laude Associate – Hotel Motel Specialist & Business Management COS, Tax Credit and Blended Specialist, Yardi Conversion Experience Broker License – Obtaining license in the next 2 months - Michigan Professional Experience

May 2020 Director of Property Management

Present Evergreen Parke Management/SSA Capital

Manufactured Housing

Instrumental with the growth of the portfolio that began with 4 small MHPs to 30 communities valued over 50 million.

Lead in all facets of acquisition and ownership transition for each transaction.

Continue to create and develop procedures for site growth. Instituted Rent Manager PM software that included website integration, e-pay systems, auto AP and online tenant approval process.

Worked with governmental agencies with regards to private water and sewer systems and projects.

Created policies and procedures for operations, HR and accounting processes. October 2014 Operations Manager

May 2020 Enterprise Estates & Construction

Manufactured Housing, Self-Storage, Residential, Commercial, Retail.

● Responsible for 18 residential real estate, retail, commercial entities.

● Divested several large properties due to owner retiring.

● Developed and constructed two climate control self-storage facilities and several residential homes.

● Improved cash flow at several sites by increasing revenue growth, expense management and collections.

● Set up new procedures, HR policies and objectives and goals to fit the total organization.

● Realigned assets to fulfill owners request to maximize profits in smaller commercial properties.

● Purchased and divested several assets to improve overall cash flow and value of the company.

● Responsible for all construction including commercial build outs and new home building. September 2012 Community Manager

October 2014 Sun Communities Inc. Southfield, MI 48197 Manufactured Housing Community, 550 pads.

● Started from the ground up to learn the business with a large company.

● Responsible for the day-to-day operations of the community.

● Drastically improved sale percentages of homes by selling 25 in 12 months compared to 5 from the previous year.

● Coordinated with the corporate office to pull older homes and purchase and set new homes on a quarterly basis.

● Improved CNOI by 10% from previous year.

● Improved relationships within the communities to improve customer service, retention, and cash flow. February, 2011 Regional Property Manager

July, 2012 Wallick Midwest Management, Columbus OH 14 sites, which included LIHTC and Section 8 housing, over 1,000 homes.

● Developed and executed successful plans to improve operations and cash position of distressed sites within portfolio.

● Drastically improved a distressed blended site from 65% occupancy to its current is 100% occupancy.

● Coordinated with the IT department for the Yardi conversion of portfolio.

● Throughout the portfolio we improved cash flow through a new revenue management initiative.

● Established a close TEAM culture with the Property Managers that grew as support, synergy & competition. December, 2008 Regional Property Manager

January, 2011 Lockwood Management, Southfield MI

17 sites, which included affordable housing and 2 luxury senior independent living sites, over 1,400 homes.

● Instrumental in the transition to positive cash flow of several distressed tax credit communities.

● Improved cash flow by 10% by a revenue management program and improved quality of services of the senior sites.

● Successfully transitioned a senior site from another management company to ours improving quality and cash flow immediately.

October, 2005 Regional Property Manager

November, 2008 Forest City Enterprises Inc., Cleveland OH Managed 10 communities, which included high end conventional and affordable housing over 2,400 homes.

● Responsibilities and accomplishments include stabilization of human resource issues within the region.

● Lead coordinator for the portfolio for the transition to One-site and SAP programs working with the IT department.

● Received 8 REAC scores above 90% within the first year of tenure.

● MOR and Ownership Audits received superior scores on many occasions.

● Employee recruiting and development, customer satisfaction through service excellence and product improvement. June 2004 Regional Property Manager

July 2005 Kaftan Enterprises Inc., Southfield MI

Managed 11 sites, which included high end conventional, condo conversion and commercial projects totaling 1500 homes.

● Intimately involved with the condo conversions of two large sites that included strategy for transition of current residents to condo sales, construction checklists and change orders.

● Performed Sales and Management for 2 commercial sites that included retail and light industrial.

● The conventional sites averaged 95% and we worked on deferred maintenance schedules for each since their age averaged 15+ years.

June 2002 Regional Property Manager

June 2004 Matrix Management, Livonia MI

Managed 3 large conventional properties in Southeast Michigan totaling 1,000 homes.

● Streamlined and improved the collection procedures to increase average rent collection by 15 percent.

● Implemented an effective marketing strategy to overcome current difficult market conditions increasing occupancy by 10 percent within the first 6 months.

● Currently assisting ownership with a refinance application for the total portfolio. Contributed with the writing of a new policy and procedure manual. Assisting with contract negotiations especially with respect to maintenance issues such as elevator modernization, large construction rehab and fire reconditioning. References available upon request



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