Accomplished real estate professional

DAVID J. BERRY

202-***-****

********@*****.***

Accomplished real estate professional with experience in portfolio management (lender and borrower), cash flow analysis, financial statement review, acquisitions, due diligence, project management, RFPs, bid packages, leasing, financial analysis, accounting, proformas and budgets TECHNICAL SKILLS

• Microsoft Word, Excel, Project, PowerPoint, • Costar Software Access • Quicken

• Yardi • Precision Database

CAREER HIGHLIGHTS

Completed 501(c)(3) bond refinancing for six multifamily properties. Financially managed over $1.59B of multifamily assets nationally and leased over 50K square feet of retail. Sold over $7M of real estate in two years. Physical inspections of over 500 properties.

PROFESSIONAL EXPERIENCE

Housing Initiative Partnership, Hyattsville, MD December 2023 to present Director of Real Estate

• Oversees development activities and monitors financial and physical performance of single and multifamily assets

• Develops financial proformas

• Engages and monitors third party consultants

• Identifies multifamily acquisitions, undertakes due diligence, and project financing

• Recapitalizes, repositions, and improve asset performance

• Monitor property managers

• Monitors compliance with LIHTC, Federal, State and County programs

• Performs site visits

• Oversees Single Family programs and staff

Consultant 3 months 2021

• Provided closing support for a LIHTC multifamily property for an affordable housing provider

• Reviewed loan, partnership, QAPs, and tax credit documents Volunteer 2 months 2019

• Assisted with site selection and due diligence for multifamily development JLL, Bethesda, MD 2021 - 2023

Asset Manager

• Providing comprehensive monitoring and reporting on the operational performance of a portfolio of affordable LIHTC multifamily housing loans.

• Review loan documents, LURAs, compliance and REAC inspections

• Site inspections/training

• Review construction contracts

• Approve draw requests

• Review financial projections

• Meetings with HUD on distressed assets

• Work with outside counsel on special loan documents

• Investor Reporting

• Identifies present and future issues that would impact the portfolio, analyze their implications and alternatives to foresee the warning signs of credit deterioration. Freelance, Washington, DC 2010 - 2021

Consultant

• Performed financial management for businesses

• Engagements have included: Financial management for businesses in Chapter 11 Bankruptcy, Document review, Database construction, Nursing home Operations, Real estate portfolio management, Tax-exempt bond financing, Investor Reporting, Non-Profits assistance with resolving complex HUD issues, Asset acquisition, Physical inspections, Due Diligence, LIHTC applications, Financial Analysis and Single and Multifamily home development. YRCI, Fair Oaks, VA

Senior Lease Abstract Analyst

Provided leadership and support for real estate lease abstractions for Overseas Buildings Operations

(US Department of State) OBO

Montgomery County, HOC, Kensington, MD

Portfolio Manager

• Provided asset management and underwriting support for an affordable housing provider

• Reviewed loan documents, HAP agreement, tax abatements, financial data

• Board presentations

• Determined critical dates and organized loan documents MD Dept. of Housing and Comm. Development, Crownsville, MD 2008 - 2010 Asset Management Officer

• Managed a portfolio of multifamily tax credit, state, or federally funded developments housing low/moderate income housing

• Performed cash flow analysis and projections

• Review loan documents, LURAs, and REAC inspections

• Approve draw requests

• Budget and financial statement review and approval

• Property management evaluations, reports, and LIHTC compliance

• Site inspections

Taylor Development and Land Company, Bethesda, MD 2006 - 2008 Manager of Acquisitions and Development

• Evaluated commercial and land opportunities for real estate developer through lease, proforma and market review.

• Reviewed retail leases for business terms with attorneys

• Negotiated with lessees

• Wrote abstracts for internal review

• Prepared acquisition proformas

• Performed day-to-day functions associated with the development of real estate totaling approximately $100M from conceptual site plan to closeout

• Coordinated with architects, engineers, and lenders

• Prepared reports, presentations and proformas for lenders, government officials, and owners. EDUCATION

Drexel University, Philadelphia, Pennsylvania

Finance

Consulting descriptions and references available upon request

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