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Real Estate Asset Manager

Location:
Atlanta, GA
Posted:
April 18, 2023

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Resume:

Tony Kim adwl4s@r.postjobfree.com

*** ***** ****** 201-***-****

Suwanee, GA 30024 www.linkedin.com/in/tony-kim-a1084131 WORK EXPERIENCE

Arbor Realty Trust – a direct multi-family lender 1/2022 – 12/2022 Asset Manager Atlanta, GA

• Assess performance of loan collateral relative to underwriting and business plan. Run compliance tests on loan covenant thresholds relative to DY, DSCR, LTV. Monitor watchlist assets and report to senior management.

• Prepare quarterly asset reports and risk rating analysis to investors and senior management.

• Monitor the implementation and completion timeline of borrower business plan(s) on multi-family collateral.

• Analyze strategies for loan modifications, workouts, foreclosures and asset dispositions and provide recommendation memorandum to senior management for approval.

• Liasson between borrower and senior management on loan modifications requests in compliance with legal docs.

• Conduct market research to determine factors impacting property level performance.

• Lead borrower/sponsor kick-off calls highlighting key loan terms and significant dates.

• Engage 3rd party consultants, attorneys, title agents and construction consultants.

• Conduct multi-family site inspections with borrowers, investors, property management. Trimont Real Estate Advisors – a loan servicer 2/2019 – 12/2021 Asset Manager - Director Atlanta, GA

• Review monthly or quarterly client asset reports for office, multi-family, hotel, retail, storage facility and mixed- use assets. Running a DCF and or NAV analysis.

• Assess performance of assets relative to original underwriting or business plans. Perform compliance test for loan covenants (DY, DSCR, LTV). Monitor watchlist assets and report to senior management weekly.

• Review cash management structure and process monthly waterfall payments. Review payoff quotes.

• Engage 3rd party consultants including attorneys, title agents and construction consultants as needed.

• Form lender consent cases on major decisions (lease approvals, amendments) for CLO conforming and non- conforming loans. Team up with the Special Servicer and Controlling Holder on decisions impacting the CLO.

• Review construction and/or lease up funding requests.

• Run DCF and NAV valuations in ARGUS or excel.

• Speak to loan collateral on weekly client status conference calls. G-Holdings Inc. – a real estate family trust 1/2017 – 1/2019 Senior Controller New York, NY

• Supervise a team of (5) five in the accounting department and report to the CFO and owners.

• Prepare and review monthly/quarterly management reports. Prepare and review annual budgets.

• Analyze and prepare acquisition and development cash flow pro-forma modeling.

• Review general ledger, intercompany balances and bank reconciliations, typically utilizing Excel.

• Package bank covenant tests (DSCR, DY, amortization)

• Run real estate equity waterfall models on joint venture/partnership development projects.

• Prepare loan/escrow draws on special projects as needed. Attend development pencil meetings and site walks.

• Review lien waiver files from general contractors are accurate and complete.

• Work with outside tax accounting firms to complete year-end reviews.

• Coordinate hiring needs and recommend/implement software upgrades for the accounting department. Tishman Speyer Properties – a CRE developer and owner operator 6/2005 – 1/2017 Senior Controller New York, NY

• Prepare monthly, quarterly, year-end financial statements and workpapers in GAAP, FV and tax basis in consolidation or entity stand alone.

• Support 3rd party accounting firms in completing interim, year-end and partner audits.

• Prepare partner and lender reporting packages on a monthly/quarterly basis.

• Prepare owner and partner capital calls.

• Reconcile intercompany transactions between project/property to corporate/fund entities.

• Provide various analyses to asset management, acquisitions and development teams.

• Report budget variances on CRE operating and development projects.

• Prepare loan draw package for developments projects and operating entities.

• Analyze and control the construction budget transfer process. Analyze remaining contingencies and cost risks.

• Set up budgets using various web-based programs for operating buildings.

• Review commitments, contracts and purchase orders to ensure anticipated costs are in line with budgets.

• Calculate tenant CPI escalations and provide P&L budget analysis for class A office tenants.

• Attend meetings with project managers and owners to discuss status of projects, budget and goals.

• Conduct trainings to bring management and staff up to speed on company technology policies. EDUCATION

Baruch College – Zicklin School of Business (CUNY) Bachelor of Business Administration, Finance and Investments, May 2003 SOFTWARE

MRI Real Estate, SAGE Fixed Asset (FAS), Prolog Project Management, PM Web Construction Management, SAGE Timberline, ARGUS, CoStar, RCA, Real Insight Asset Management, Microsoft Office/Excel.



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