PATRICIA ALZAMORA
Collegeville, PA 19426 **************@*******.*** Cell: 917-***-****
Summary
Commercial real estate analyst with experience working for both private and public financial institutions. Developed strong valuation skills though positions in Asset Management, Credit Risk and Advisory and Consulting Services. Known for in depth knowledge of Argus, attention to detail and organizational skills.
Professional Experience
ERNST & YOUNG, Philadelphia, PA 2017-2023
Senior Associate, Seasonal Contract
Served as senior associate within the firm's Real Estate Transaction Advisory Services group performing the following key activities:
Acquisition due diligence and underwriting assessments of Client and Specialist models
Real property valuation for large M&A deals across a variety of industries including land, building, and site improvement analysis and valuation
Intangible leasehold valuation
Market research and analysis across multiple property types and markets including multifamily, office, industrial, retail and shopping centers.
PITCAIRN PROPERTIES INC, Wayne, PA 2012-2017
Asset Manager
Manage a portfolio of 2.5 million sf of office properties valued at over $300 million located in suburban Philadelphia.
Responsibilities include quarterly property valuations, annual budgets, lease analysis as well as identifying, screening and underwriting potential acquisition properties.
Developed and instructed a Summer Internship Program which focused on Real Estate Finance including topics such as cash flow modeling, valuation, IRR, NPV, Cap Rates and Discount Rates.
URDANG CAPITAL MANAGEMENT (Subsidiary of BNY Mellon), Plymouth Meeting, PA 2004-2012
Senior Analyst, Asset Management
Responsible for working with Asset Managers to maximize risk adjusted returns on value added, joint venture, private real estate investments.
Trained, managed and mentored the Asset Management Analysts and Associates in the following areas: creating and maintaining Argus models for all properties, reviewing appraisals, preparing Internal Valuations and Hold/Sell Recommendations, reviewing and analyzing Annual Budgets, reviewing monthly financial statements, analyzing leases, providing property information for quarterly reports and calculating monthly distributions.
Managed the Appraisal process; drafting the RFP, selecting, bidding and engaging the appraisers, coordinating the timely production of all deliverable materials, managing communications between operating partners and appraisers during the appraisal process.
Assisted in the due diligence process for proposed acquisitions including financial and lease analysis, developing proforma cash flow projections, market research analysis and reviewing third party reports.
GE REAL ESTATE, New York, NY 2001-2004
Underwriter, Global Valuation Team
Performed all aspects of underwriting and due diligence on all real estate property types including multi-family, retail, office and industrial:
Underwriting completed for debt and equity structures for large portfolio transactions, single asset transactions, corporate initiatives and business development.
Due Diligence included review and analysis of all relevant documentation in property files, perform a detailed site inspection, analyze individual markets, prepare detailed cash flow valuations and market analysis, integrate engineering, environmental and audit results into valuation and present comprehensive underwriting package to the investment committee.
JONES LANG LASALLE, New York, NY 1998-2001
Senior Analyst, Land Services
Provided clients with advisory services for land and under-utilized assets by creating strategies to maximize asset value.
Completed strategic disposition study for a university, managed portfolio valuation of 60 parking facilities located throughout the Northeast and drafted an Offering Memorandum to facilitate the sale of 35 acres of residential land.
Analyst, Strategic Advisory and Valuation Services, New York, NY
Executed single-asset and portfolio valuation assignments of commercial properties including office buildings, hotels, retail and industrial facilities.
Calculated real estate values and returns utilizing discounted cash flow and income capitalization approaches.
NLI PROPERTIES, INC. (SUBSIDIARY OF NIPPON LIFE INSURANCE), New York, NY 1995-1998
Junior Accountant/Analyst
Prepared quarterly real estate market reports and analyzed operating expenses of company’s real estate portfolio.
Maintained accounts payable and general ledger for five subsidiary companies, generated monthly cash flow statements, reconciled bank statements and maintained depreciation schedules.
Education
MBA, Finance, Leonard N. Stern School of Business, New York University, New York, NY
Bachelor of Science, Economics, Siena College, Loudonville, NY
Honors: Presidential Scholar; Academic Honors
International Studies Program, Siena College, London, England
Technical Training
Proficient in Argus Enterprise, Kardin, MRI, MS Excel, MS Word, MS PowerPoint, MS Publisher