Real Estate Asset Management

CAREER SUMMARY

• Growth-Focused Leader with a background in capital markets and asset

management, leveraging expertise in leading teams and projects to develop and implement independent risk analysis while keeping shareholder yield in mind.

• Deliver strategic asset management, due diligence support for private equity, family office, Development/Ground-Up Construction Sponsors, and Institutional Capital perspectives. This has entailed both the sponsor-side and fund management or capital-side, and has cultivated exposure to all real estate asset-classes

• Ensure appropriate credit analysis, loan documentation, counterparty risk, and quality controls are in place. Execute via stress testing, process controls, and reconciliation of Cap-Ex improvements and construction monitoring.

• Engaged in credit requests, due diligence and end-to-end capitalization and project management engagements at both the asset and portfolio levels to measure risk- adjustment return profiles and conduct quarterly reviews.

• Provided strategic direction and guidance in sourcing, underwriting, and deployning

$300M in equity capital for a multi-family, retail, and mixed use assets.

• Managed the sourcing and closing of $420M in debt for the acquisition, development and refinancing of raw land, multi-family development, and construction capitalization efforts for 2 portfolios totaling $800M in implied value.

• Key member of capital markets team tasked with managing the debt horizon of $2.8B portfolio (sponsor-side). PROFESSIONAL WORK EXPERIENCE

KOKUA CAPITAL, LLC – DALLAS, TX

Capital Markets & Asset Management Consulting August 2023 – Current

• Leverage extensive ability to provide strategic direction and guidance in the procurement, evaluation, structuring, and placement of capital arrangements across the capital stack.

• Sources acquisition and investment opportunities that aligned with objectives of Client(s) or Co-Invested Partners (Sponsor-Side) investment criteria and yield characteristics.

• Execute underwriting and evaluation and reconcile leasing assumptions and proforma to cavass business strategy to maximize shareholder return and seek optimal capital composition.

• Deliver strategic asset-level, portfolio, and project-level due diligence to support institutional capital, private equity, debt funds, family office, development projects and underwriting of real estate assets with primary focus on Multi-Family (Market Rate and LIHTC), SFR, RV, Event Venue portfolios, Marinas, and primary “food-groups” of Office, Industrial, Retail and Hospitality. Kinsman Ventures

Managing Director, Capital Markets and Asset Management 2013 – 2023

• Recognized for consistent top performance and promoted up through the organization to achieve Managing Partner for JHME Real Estate Advisors and Kinsman Capital, focusing on sourcing, structuring, and execution of debt and equity placement on behalf of the family trust and the client portfolios. As well as Asset Management Consulting engagements for the firm’s consulting practice.

• Developed and executed capital arrangements and due diligence efforts in securing four rounds of TASE (Tel Aviv Stock Exchange- Israeli bond market) capitalization structures totaling $700M.

• Oversaw a team of 21 Analyst Associates and Project Managers across the US, providing leadership in executing due diligence deliverables including: Financial Due Diligence, Construction Draw Monitoring, Property Condition Assessments, Environmental Reporting, Ad-Hoc stress-testing, evaluating inter-creditor agreements and understanding complex counterparty credit risk and regulatory requirements of loan covenants.

• Provided strategic direction and guidance in sourcing, underwriting, and securing $300M in equity for multi-family assets and the deployment thereof into the acquisition of $1B in commercial real estate & alternative assets.

• Manages the acquisition process from contact through closing and led investment committee and board meeting representation.

• Led sourcing & underwriting of over $5B in various CRE and Alternative Asset Class investments for committee consideration. Then supported the closing ratios thereof & was conduit for committee approval(s) and successful execution of terms. Jeremie B. Stenman

214-***-**** *********@*****.*** www.linkedin.com/in/jeremie-stenman CORE COMPETENCIES

Capital Markets

Asset Management

Real Estate

Structured Credit

Valuations

Financial Analysis

Due Diligence

Credit Risk & Stress Testing.

Investment Committee Presentation

Development & Construction

Capitalization

Financial Modeling & Argus

Deal Sourcing

Risk-Adjusted Evaluation

• Managed the sourcing and closing of $420M in debt, supporting the acquisition and refinancing of raw land, multi-family development, and construction capitalization efforts of a portfolio as an ongoing recapitalization strategy for HNW Family Office.

• Directed the execution of sourcing and recapitalization of an operating company and venue portfolio totaling $40M.

• Performed actively in all board and investor presentation meetings, often preparing, and presenting critical information and leveraging KPIs and performance analysis techniques for strategic and tactical problem-solving.

• Developed and cultivated relationships with internal and external stakeholders, taking part in investor relations “road shows” and continuing programmatic capital partnerships, creating partners for life. BANK OF AMERICA – DALLAS, TX

Vice President, Asset Servicing 2012 – 2013

• Directed a team of 150 bank employees, contractors, and overseas resources working collectively to design and implement quality control and regulatory reporting requirements for a loan portfolio of performing and nonperforming loans.

• Developed processes and procedures to synthesize reporting requirements to accommodate credit risk and quality control for regulatory requirements.

• Leveraged proper data to deliver and implement quality control reporting of servicing portfolio and rating agency regulation reporting for the existing performing loan portfolios, communicating regularly with the Rating Agency and reporting groups.

• Developed and managed governance structures for service management, acquisition integration support, and readiness. PILLAR INCOME ASSET MANAGEMENT – DALLAS, TX

Vice President, Capital Markets 2008 – 2012

• Sourced opportunities and debt or equity capital within the Capital Markets team charged with managing the debt horizon for three

(3) publicly traded REIT platforms, including Transcontinental Realty Investors, Inc., American Realty Investors, Inc.

• Executed due diligence of all acquisitions, recapitalization efforts, and development activities. Including pre-underwriting, Argus modeling, preparation of investment memos and scenario analysis with stress-testing or sensitivity analysis.

• Extrapolate partnership agreements, loans covenants, partnership agreements, ground leases and reconcile asset budgets.

• Streamlined the workflow by synthesizing and supporting a database of capital sources and partners across the capital stack (debt, mezzanine, preferred, and common equity), as well as providing critical reporting requirements for various investor types such as Family Office, HNW, Institutional, and Fund Platforms.

• Integral member in collaboration with fee-based developers on ground-up development projects and proficient in partnership structures for development partners, construction capitalization providers, and draw reporting.

• Leveraged HUD, Agency, CMBS, conventional bank debt, debt fund and partnership structures to provide the most efficient capital composition of portfolio recapitalization efforts and new acquisitions. Portfolio encompassed Multifamily, LIHTC, Office and Retail assets, as well as the development and disposition of various raw land holdings across Texas and the Southeast. As well as an extensive network of both Investment and Capital brokers across the country.

• Utilize Excel, Argus, benchmark indexing tools, and publicly traded annual reports, digging through data sets to deliver execution from scratch, developing extensive presentation and pitch-deck deliverables, investment committee materials, and capital presentations.

• Utilized baseline analysis and stressed proforma development, lease abstracting, asset management, lender coordination, and extension or recapitalization efforts. This entailed stress-testing for deployment or recapitalization efforts, evaluating inter-creditor agreements and understanding complex counterparty credit risk and regulatory requirements of loan covenants. EDUCATION

University of Wyoming -Master of Business Administration Studies (pursued did not complete) Stephen F. Austin State University - Bachelor of Business Administration-Business Marketing and Finance Activities included: Theta Chi Fraternity and Rugby Team

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