Cell 727-***-****
**********@***.***
Robert H. Loth III
PROFESSIONAL EXPERIENCE
Apartment Advisors USA –Jacksonville, Florida August 2009-Current
Property Management Company (LIHTC, Section 8, C and D distressed assets) Irealty Software
Regional Property Manager 2000 units (traveling 90% to eight states)
• Developed company policies, procedures, job descriptions and employee handbook
• Implemented collection and occupancy goals for each asset
• Trained Managers and staff
• Cut staff as needed and payroll where needed
• Negotiated all service and utility contracts
• Terminated several staff members for theft
• Turn around plans for all assets
• Created preventative maintenance plan for entire company
• Set up national accounts for maximum discounts on supplies
• Managed capital improvements on all assets
• Increased occupancy and decreased collections
Plant and Tree Nursery (Owner) -Largo, Florida May 2008-July 2009
Prospect Capital Group - Stanford, Connecticut May 2004-May 2008
Development/Asset Management
Senior Project Manager/Owners Rep.
• Managed the biggest condo conversion in Florida History ($110 Million purchase $50 million renovation 1006 units)
• Helped supervise and plan the conversion of over 1500 units in three Florida markets
Project Manager/Owners Rep.
• Negotiated and managed contracts with in-house projects and GC.
• Interview all new contractors
• Review and manage monthly draw
• Walk with Bank Reps and Equity Partners
• Review and approve all change orders
• Balanced budgets and variances
• Pull permits for in-house projects
• Oversee in-house projects
• Meet with city inspectors
• Daily site inspections
• Create and update schedules
• Manage closings timelines
• Manage escalated owner issues
ER Management- Birmingham, Alabama Nov 2003-Apr 2004
Property Management Company (A+ assets) Yardi Experience
Regional Property Manager
• Property inspections not limited to curb appeal, made and make ready units, code compliance, file audits
• Created aggressive schedules for make ready units to be all be completed by the 15th of the month
• Worked with key team members to increase the value of dated units
• Create goals, marketing plans, lease ending schedules and review each asset with Property Manager and Maintenance Supervisor
• Motivate and help train all employees
• Review budgets and variance reports
• Audit all vendors pricing and workmanship
• Trained Managers to run assets as an owner
Fifteen Asset Management- Miami, Florida Oct 2002- Nov 2003
Property Management (C and D assets, Section 8) Yardi Experience, LIHTC Experience
Strategic Management
• Reported directly to the Owners and Head of Operations.
Assisted with a hostile takeover of 15,000 units in over 20 different markets October-Dec. 2002.
• Jan.-Nov. troubleshoot distressed assets throughout the country with many structural and management issues.
AIMCO – Atlanta, Georgia April 2002–Sept. 2002
Property Management B and C assets (3750 units) Rent Roll Experience
Director of Marketing
• Create marketing plans for each asset
• Trained staff
Atlanta Apartment Guide – Atlanta, Georgia Nov. 2001–April 2002
Multi-Family Publication
Customer Service Representative
• Follow up with clients and up sell advertisement
• Responsibilities included working with all levels of management, creating contacts, generating sales, and creating a workable portfolio.
AIMCO – Longwood, Florida Jan 2001–Sept 2001
Property Management B and C assets
S.T.A.R.T Leasing Specialist
• Partnered with RPM to troubleshoot assigned assets throughout the United States
• Increased property occupancy through multiple troubleshooting tasks
• Increased traffic, resident retention, advertising, marketing, trouble-shooting, training (creating urgency, higher closing ratios).
Colonial Properties Trust – Gainesville, Florida Sept. 1998-Dec. 2000
Property Management B and C Student Housing (620 units) Rent Roll Experience
Leasing Manager March 2000-Dec.2000 $10.00+Bonus
• Supervising entire leasing staff
• Collection, outreach, hiring, training staff, setting up models
• Successfully scheduled 270 apartment turns in a two-week period
• Outreach and marketing plan
Leasing Consultant Sept. 1998–March 2000
• Toured property with perspective renters
• Assisted with rent collections and work orders completion
Performance and Awards:
Regional Manager-
Created a property management plan for owner (company handbook, policies and procedures)
Increased revenue across the board each month (February increased by $48,751).
Negotiated trash collection contracts to save approximately $60,000 annually.
Increased fiscal occupancy across the board by 10%
Developed utility savings plan
Senior Project Manager-
Promoted to Senior Project Manager in first 4 months of employment
Senior Project Manager of the biggest condo conversion in Florida history (1006 units on Tampa Bay, $110 million purchase, $65 million dollar renovation)
Regional Manager-
Three out four assets at $0 delinquency by the 15th of the month for the last three months. The fourth asset closed out at $1700 from $11,000
50% Vacant make ready completed by the 15th of the month and 75% vacant make ready by the 25th of each month.
Two communities have increased occupancy from 89% to 94%-95% occupied and 97%-96% pre-leased. The other two assets are lease ups and successfully moving forward.
Managed 1400 units in three different states/four different markets
Strategic Management-
First asset: Woodlawn Park St. Pete, Fl. (176 units)
Increased occupancy by 30% to 99% occupied
Delinquency less than $1500 from $21,455
Monthly Income increased by 53% in 60 days
Second asset: Harbor Island Alameda, Ca. (615 units)
Collected $30,000 more in delinquent rent and from previous month
Highest renewals closed in one month for the company (205 renewals). $17,000 increase in revenue one month of renewals
The previous year Harbor Island residents had over 8000 contacts with Alameda Police Department. Last two months (August-September) prior my departure, APD was averaging fewer than 250 phone calls a month
Director of Marketing-
Average occupancy was three occupancy points above market. Atlanta’s average occupancy in 8/02 was 88%.
Customer Service Representative-
Highest renewals in the month of February and service frequency fourth quarter 2001.
S.T.A.R.T Leasing Specialist-
Every property hit their goal within 45 days or less. Goals Increasing occupancy (95% occupied, 95% pre-leased), and CNOI to acceptable levels for the S.T.A.R.T. Team
Leasing Manager-
Increased property rental income by over $65,000 from previous year.
Responsible for the asset steady increase to 100% occupancy (560 units) for 12 months. Offered several opportunities for advancement at other assets. 1999 Southeast leasing consultant of the year.
EDUCATION
CAM
Santa Fe Community College 1998-2000
REFERENCE
Due upon request