Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Generic

Colin Marusak

Denver,Colorado

Summary

Ten years of experience in real estate finance, development, operations, and capital markets. Has had success in building and maintaining professional relationships with private equity and debt providers through sales and professionalism. Possess the ability to deliver results through organization, multi-tasking, due diligence, and collaboration. Expertise in commercial real estate project analysis, asset management, cash flow modeling, loan document review, joint venture document review, excel modeling, and operating budgets. Has participated in more then $1B of asset management and closing for commercial real estate.

Overview

10
10
years of professional experience

Work History

Investments Manager

AIR Communities
03.2022 - Current

· Lead investments manager in the debt and equity closings for five multifamily transactions totaling $830M. For each deal, analyzed cash flows and financial returns, created business plan, raised debt and equity, and asset managed transaction post closing.

· Participated in the strategic analysis and due diligence for potential acquisition targets, underwriting more then $5B of real estate, resulting in successful closing of more than $2B of closings since 2022.

· Managed relationships with external partners including Joint Venture partners, investment sale and debt brokers, and private capital.

· Involved in JV recapitalization and equity raise for $400M. Created pitch book and business plan for potential investors.

· Developed and implemented investment strategies to optimize portfolio performance and achieve long-term growth objectives, including creation of a new underwriting model, implementation of RedIq and third party market research, and creation of a improved capital program.

· Collaborated with operations, construction, and legal to prepare and execute business plans, budgets, and asset manage a $5B portfolio across the nation.

  • Produced comprehensive income and expense analyses based on historical and projected future performance, including underwriting and modeling property cash flows, lease rollover, market rents, vacancy, absorption, and capital improvement budgets, for each investment considered.
  • Developed strong understanding of the real estate markets in each of the target markets and property types, including real estate and economic trends, activities, developments, significant transactions, and major players.
  • Performed property due diligence and created business plans by touring properties and markets, reviewing lease and sale comps, assessing third party reports (physical property condition, title and survey, zoning, and environmental), and assisted in transaction closing.

Senior Real Estate Analyst

Berkadia Commercial Mortgage
07.2017 - 03.2022
  • • Key member of originations team that closed $7.3B in debt and equity real estate transactions over five years
  • • Underwrote and analyzed more then 500 real estate transaction worth approximately $3 billion in multifamily, office, retail, and development using Excel and Argus. Cash flow modeling includes loan analysis, equity analysis, yearly cash flow projections, and waterfall analysis.
  • • Lead analyst in underwriting, due diligence, and closing of 41 multifamily and office loans totaling $1.4 billion in loan volume. Managed loan underwriting, marketing process, term sheet and loan document negotiation, and closing process.
  • • Lead analyst for multifamily and office JV equity raise in 5 transactions for approximately $75MM. Participated in capital raise by underwriting assets, creating offering memo and business plan, marketing to capital providers, and negotiated term sheet and joint venture documents.
  • • Led due diligence process for all third-party reports (Appraisal, Environmental, Engineering, Zoning, and Green Reporting).
  • • Originated and closed 25 multifamily agency loans with Fannie Mae and Freddie Mac by submitting and reviewing loan models, narratives, cap ex budgets, borrowers’ budgets, and all credit materials.
  • • Led marketing process to source equity and debt for 30 real estate transactions by creating Investment Memos and pitching potential opportunities to investors.
  • Maintained professional relationships with loan producers, brokers, appraisers, third party vendors, and investment sales brokers.

Development Analyst

Alliance Residential Company
08.2015 - 08.2017

• Oversaw due diligence and closing of 8 projects for $247M in multifamily development.

• Oversaw approximately $5MM in multifamily capital improvements post acquisition including but not limited to assessing properties, gathering third party reports, and presenting CapEx budget to equity investors and lenders.

• Oversaw financing, due diligence, and asset management of two multifamily acquisition closings worth $115M.

• Provided monthly draw reporting and change order memos to equity partners.

• Underwrote new development and acquisitions by managing Excel pro formas.

• Created deal memos for new deals, updates, and closings.

• Updated and analyzed monthly construction project reforecasts.

• Created and maintained all development budgets, sales analysis, and profitability analysis.

• Managed relationships with equity and debt brokers.

Analyst

ACRE Capital
05.2014 - 08.2015

Education

Bachelor of Arts - Business- Real Estate Finance

Texas A&M University
College Station, TX
05.2014

Skills

administrative support, budgets, business development, business operations, closing, Council, client, clients, database, due diligence, financial analyses, industry research, Insurance, investments, letters, market, marketing materials, materials, Microsoft Excel, Outlook, PowerPoint, Word, modeling, negotiating, presentations, producing, proposals, real estate, San, surveys, underwriting, websites

Additional Information

  • Rhode Island College Providence, Rhode Island 1997 Real Estate Salesperson State of California License ID: 01886651 2012

Timeline

Investments Manager

AIR Communities
03.2022 - Current

Senior Real Estate Analyst

Berkadia Commercial Mortgage
07.2017 - 03.2022

Development Analyst

Alliance Residential Company
08.2015 - 08.2017

Analyst

ACRE Capital
05.2014 - 08.2015

Bachelor of Arts - Business- Real Estate Finance

Texas A&M University
Colin Marusak