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Argus Certification • Financial Modeling & Analysis • Real Estate Mark

Location:
New York, NY, 10014
Posted:
August 03, 2009

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Resume:

JOHN T. SHERMAN

*** ******** ****** #** • New York, New York 10014

917-***-**** • *******@********.***

Highly accomplished financial executive with demonstrated success in real estate debt and equity management for multibillion dollar organizations. Results-focused and effectual leader with proven track record of combining analytical and tactical financial expertise with strong qualifications in real estate and collateralized debt obligations.

• Adept in creating and developing comprehensive financial models, while executing short- and long-term investment strategies in profit-driven, customer-focused environments.

• Expert in establishing consensus among cross-functional lines and divergent levels of risk tolerance, with keen instincts to quickly affect change or improvement.

• Creative problem solver, big picture thinker, team mentor and communicator with exceptional ability to identify, focus, and execute pivotal priorities.

Argus Certification • Financial Modeling & Analysis • Real Estate Market/Transaction Expert

Asset Management • Due Diligence • Strategic Planning • Business Valuations • Risk Management

Deal Management • Team Leadership & Mentoring • Portfolio Management • Underwriting

PROFESSIONAL EXPERIENCE

PROKORE REALTY, LLC, New York, New York • 2008-Present

Domestic company providing advisory services, research and risk analysis for customers throughout the United States.

President / Founder

Provide due diligence for valuation of commercial real estate properties. Review assets for appraisal firms, commercial banks, investment banks and equity stakeholders. Provide strategic advice for distressed debt, from senior mortgages to subordinate mezzanine debt. Author reviews for specific markets for multi-family and office properties.

Specific Accomplishments:

• Authored a business plan for a commercial real estate equity fund that focuses on Brooklyn properties with five or fewer units per building. Rated 4 stars by Funding Universe.

• Created a multi-family valuation model for value based on repositioning the assets for a value-add opportunity.

• Advised on distressed debt for possible acquisition/disposition.

• Provided bond analysis for Commercial Mortgage Backed Securities (CMBS) based on current market dislocation.

MOODY’S INVESTOR SERVICES, New York, New York • 2006-2008

International company with 3,000 employees, providing credit ratings, research and risk analysis for 9,300+ customer accounts at 2,400 institutions worldwide.

Assistant Vice President

Directed all phases of deal management from initial quote through closing. Oversaw and reviewed Top 10 assets, implementing strategic planning, analytical forecasting, and financial modeling. Managed all other asset reviews and led rotating teams of senior associates in development and execution of transactions. Conducted extensive legal reviews of pool level documents and facilitated due diligence process. Ensured compliance with regulatory requirements and guidelines. Initiated and coordinated communications processes with stakeholders.

continued…

JOHN T. SHERMAN

Page 2

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

MOODY’S INVESTOR SERVICES Continued:

Specific Accomplishments:

• Created a multi-family model to value complex properties.

• Quoted on over $8 billion CMBS transactions and $3 billion CRE CDO transactions.

• Spearheaded creation of ‘Team New York City’ to streamline CMBS pools; team currently constitutes 20% of all CMS transactions by principal balance.

• Facilitated correlation study of asset types and MSAs.

ARBOR REALTY TRUST, Uniondale, New York • 2005-2006

National real estate finance company specializing in B Notes, Mezzanine, Preferred Equity and Direct Equity, with $1.2 billion of high yield real estate debt.

Director

Managed and maintained 75% of REIT portfolio, executing financial modeling, trend analysis and quarterly valuation of $900 million. Provided decisive team leadership and direction to 3 staff members. Assisted in underwriting new assets and conducted pre-funding financial, market, and credit analysis to determine loan risk. Performed quarterly asset review analysis and continuous due diligence process, ensuring legal documentation and covenant compliance.

Specific Accomplishments:

• Streamlined communication between underwriting and asset management teams to ensure proper completion of due diligence process.

• Pioneered condominium conversion model to advance understanding of cash flow management under varying stresses.

• Managed firm’s largest investment, The International Toy Building, valued at $600 million+.

• Maintained levered return of 15% by ensuring superior advance rates.

• Achieved advance rate of 90+% while managing 23 Wall Street, driving a levered return rate of 50+%.

• Developed Argus tutorial and models to accurately determine value of all assets.

• Launched extensive network of New York City real estate professionals.

HAMPTON RESORTS AND HOSPITALITY, Southampton, New York • 2002-2004

Multimillion dollar hospitality company in the Hamptons featuring boutique lodging, catering events, corporate outings.

Financial Analyst

Delivered strategic financial expertise and spearheaded use of economies of scope for potential acquisitions and mergers throughout the Hamptons. Built and managed solid client relationships by providing consistently superior service through hands-on interaction and investment solutions.

Note: Additional career history included roles as Operations Manager for Albert Oil Company (1998-2001); and Intern for Merrill Lynch (2002). Details on request.

EDUCATION

Post-Graduate Studies, Finance and Accounting

London School of Economics

Bachelor of Science, Economics

University of Louisville, Louisville, Kentucky



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