Devona Gunn
Goldsboro,North Carolina
Summary
Seasoned Asset Manager with deep understanding of financial markets, investment strategies and regulatory compliance. Proven ability in managing diverse portfolios to maximize returns while minimizing risk. Strong interpersonal skills for fostering client relationships and experienced in utilizing technology for portfolio analysis. Previously led teams to exceed performance benchmarks through strategic asset allocation and selection. Direct experience with new construction, lease-up, affordable and conventional housing, building renovation, property acquisitions, due-diligence, HUD loan program requirements as well as subsidized housing programs.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Asset Manager
Excel Property Management
Raleigh, NC
04.2024 - Current
- Implemented measures to attain the financial targets of 9 affordable multifamily locations
- Developed strategies to enhance team members' productivity and foster a positive work culture, and maintained team morale and efficiency through consistent coaching and guidance.
- Maximized compliance with company practices, procedures, and state/federal regulations through resource utilization across all sites.
- Achieved financial objectives by spearheading major capital projects, comparing proposals, and tracking budgeted expenses
- Maintained compliance with vacancy reporting, the HOME and KEY program by monitoring the NCHFA database and preparing for upcoming inspections.
- Managed the lease-up of new communities by overseeing hiring, application approval, warranty information, and vendor establishment
- Remain informed about HUD, HOTMA, NSPIRE, and REAC updates to uphold compliance standards and adequately prepare for annual file and physical inspections.
Regional Manager
Lasso Capital
New York, NY
08.2023 - 03.2024
- Responsible for overseeing major CapEx projects, as well as all aspects of the onsite management including leasing, sales, and maintenance for multiple manufactured home communities throughout North Carolina
- Managed, mentored, and supported the onsite staff to include training, hiring, terminations and ensuring day-to-day operations are aligned with company objectives
- Spearheaded the implementation of various operational forms needed for the company’s progression
- Collaborated weekly with the Director of Operations to resolve on-site and operational concerns based on weekly KPI goals
- Established vendor relationships for a newly established and growing manufactured home company.
Regional Property Manager
Lawson
Norfolk, VA
12.2018 - 06.2023
- Managed 1000+ multi-family units including Conventional, LIHTC, Rural Development, HUD/Section 8. Led development and training for 30+ employees offering support to new corporate members.
- Consistent marketing, contract negotiation, personnel management and staff development and training of over 25 employees.
- Guaranteed conformity to Tax Credit norms and HUD demands by performing physical inspections and preparing REAC evaluation.
- Created monthly budget analysis reports using spreadsheets and letters to communicate variances to owners.
- Implemented appropriate action plans to achieve established goals for the portfolio and individual communities. Conducted inspections on properties, reviewed reports on financial and operational activities to evaluate progress made.
- Provided oversight to maintenance functions through collaboration with the Director of Maintenance, Renovation, Development and Construction Managers as well as Maintenance Supervisors
- Played a key role in establishing annual budgets for multiple properties while actively participating in the creation and implementation of new policies, procedures, and documents
- Successfully transformed multiple financially struggling and mismanaged lease-up sites concurrently.
Senior Property Manager/Property Manager
Lawson
Norfolk, VA
06.2013 - 12.2018
- Delivered high-quality work by ensuring seamless coordination between the leasing, renovation, and management teams.
- Provided strong leadership in staff management, expense tracking, and accounting for five properties, consistently meeting or surpassing company's financial goals at each site.
- Collaborated with the Regional Manager to facilitate cross-training of employees at various LIHTC and Conventional sites
- Implemented policies enabling smooth compliance with Fair Housing requirements through uniformly formatted letters
- Managed site compliance for military’s RPP program and facilitated contractual agreements.
Assistant Property Manager
Commonwealth Residential Living
Portsmouth, VA
08.2011 - 06.2013
Dept. Chair - Special Education
Portsmouth Public Schools
Portsmouth, VA
09.2005 - 06.2011
Property Manager/Leasing Consultant
Weinstein Properties
Hampton, VA
04.2003 - 09.2005
Education
M.Ed. - Special Education
B.A. - Interdisciplinary Studies
Skills
- Asset Management
- New Construction and Development
- Project Management
- Expense and Quality Control
- Recruitment and Training
- Contract Executions
- Budget Development and Forecasting
- Revenue Management System
- ADA/Fair Housing Regulations
- 10-year Capital Planning
- MS Office Suite
- Smartsheets
- Yardi
- Realpage
- Sales Force
- Rent Manager
- Lease-ups
- Market Analysis
- Contract Management
- VA/NC state inspections
- REAC inspections
Certification
- HCCP
- CAM
- HCM-R
- CPO
- CPM
- NC Real Estate Licensee
Awards
- Chair of Lawson’s Social Equity and Opportunity Committee 2021-2022
- CMHC Awards of Excellence-Regional Property Manager of the Year 2021
- Hampton Roads Apartment Council, ACE Awards-Property Manager of the Year 2016
Timeline
Asset Manager - Excel Property Management
04.2024 - Current
Regional Manager - Lasso Capital
08.2023 - 03.2024
Regional Property Manager - Lawson
12.2018 - 06.2023
Senior Property Manager/Property Manager - Lawson
06.2013 - 12.2018
Assistant Property Manager - Commonwealth Residential Living
08.2011 - 06.2013
Dept. Chair - Special Education - Portsmouth Public Schools
09.2005 - 06.2011
Property Manager/Leasing Consultant - Weinstein Properties
04.2003 - 09.2005
Cambridge College - M.Ed., Special Education
Virginia Polytechnic Institute and State University (Virginia Tech) - B.A., Interdisciplinary Studies
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