Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Andrew Carroll

Rochester Hills,Michigan

Summary

A Chartered Financial Analyst (CFA) with over 20 years of experience in investment valuation and asset management. Analytical skill set with experience in valuation, due diligence and closing on new investments and portfolio Asset Management.

Overview

22
22
years of professional experience
1
1
Certification

Work History

Chief Investment Officer / Partner

BALDWIN HOUSE SENIOR LIVING
2022.02 - Current
  • Responsible for the investment, asset management and accounting departments
  • Origination, underwriting and closing of new investment opportunities
  • Responsible for performance of the existing portfolio and execution of refinancing and sale opportunities.

Chief Investment Officer

Lloyd Jones LLC
2021.02 - 2022.02
  • Responsible for the investment team with multiple direct reports
  • Originate opportunities and manage the capitalization, underwriting and closing of investment opportunities.

Director of Investments, Senior Housing

2016.09 - 2021.02

Manage the underwriting, due diligence and closing of investment opportunities for commercial real estate and senior housing. Transitioned to a full time Senior Housing focus in 2017. Lead the American House Asset Management team commencing in 2019.

· Responsible for the underwriting, due diligence and closing of new investments during a period of rapid growth for American House Senior Living, as the portfolio grew from 13 properties to over 55 communities.

· Lead on the recapitalization of a $450 million, 25 property senior housing portfolio. Responsible for coordinating the sale with three separate institutional investors along with the corresponding purchase and new joint venture with a new capital partner.

REDICO
2002.01 - 2021.02

Director of Underwriting

REDICO
2013.12 - 2016.09
  • Manage the underwriting, due diligence and closing of investment opportunities for commercial real estate and senior housing
  • Transitioned to a full time Senior Housing focus in 2017
  • Lead the American House Asset Management team commencing in 2019
  • Responsible for the underwriting, due diligence and closing of new investments during a period of rapid growth for American House Senior Living, as the portfolio grew from 13 properties to over 55 communities
  • Lead on the recapitalization of a $450 million, 25 property senior housing portfolio
  • Responsible for coordinating the sale with three separate institutional investors along with the corresponding purchase and new joint venture with a new capital partner.

Senior Financial Analyst

2007.12 - 2013.12
  • Prepare the financial projections and investment packages for all new investment opportunities and restructuring of existing investments
  • Lead the due diligence and closing process
  • Structured a complex, incentive based, financial structure for a formerly failed retail development utilizing Tax Increment Financing, New Market Tax Credits and Brownfield Tax Credits
  • Played a lead role in the underwriting, due diligence and closing of a 13 property Senior Living Portfolio, a new Asset Class for REDICO, and subsequent expansion of that business.

Financial Analyst

2002.01 - 2007.12
  • Responsible for the financial reporting and forecasting for multiple properties
  • Created financial models and projections for both existing properties and new investment opportunities
  • Transitioned focus to financial modeling for new investments and investment due diligence during a period of substantial growth and diversification into new markets.

Education

Master of Science - Finance

Michigan State University
East Lansing, MI
2001

Skills

  • Commercial Real Estate Acquisitions
  • Senior Housing / Multi-Family Acquisitions
  • Real Estate Development
  • Asset Management
  • Financial Modeling / Valuation
  • Argus Modeling
  • Investment Due Diligence
  • Deal Structuring
  • Senior Housing Operations
  • Economic Incentives
  • Dispositions
  • Partnership Structuring and Modeling
  • Real Estate Financing
  • Portfolio Management
  • Equity Markets

Certification

Chartered Financial Analyst (CFA)

Timeline

Chief Investment Officer / Partner

BALDWIN HOUSE SENIOR LIVING
2022.02 - Current

Chief Investment Officer

Lloyd Jones LLC
2021.02 - 2022.02

Director of Investments, Senior Housing

2016.09 - 2021.02

Director of Underwriting

REDICO
2013.12 - 2016.09

Senior Financial Analyst

2007.12 - 2013.12

REDICO
2002.01 - 2021.02

Financial Analyst

2002.01 - 2007.12

Master of Science - Finance

Michigan State University

Chartered Financial Analyst (CFA)

Andrew Carroll