James Hochgertle
Atlanta,GA
Summary
Driven asset manager with 6+ years experience working in commercial real estate. Organized and collaborative team member with background in acquisitions, lease negotiation and financial modeling.
Overview
1
1
year of professional experience
Work History
Asset Manager
Voya Investment Management
Atlanta, GA
01.2024 - Current
- Manage $700M in senior and mezzanine debt across office, industrial, multi-family, and retail throughout the United States.
- Prepare trigger testing, draw requests, budget reallocations, lease approvals, and extensions across the portfolio.
- Re-underwrite deals quarterly to benchmark performance against the original underwriting.
- Prepare workout structures for deals in excess of $200M to protect investor capital using equity contributions, rate caps, rate adjustments, and cash sweeps.
- Manage a portfolio of 1 million square feet of office REOs, including preparing capital calls, annual budgets, leasing, and sales.
- Present weekly to both the internal investment committee and investors on the performance of loans and REO assets.
- Attend site visits with borrowers annually to understand performance, and prepare memos for investors.
Asset Manager
Bridge Investment Group
Atlanta, GA
2022 - 05.2024
- Underwrote acquisition of $68mm value-add office asset in Minneapolis; performed due diligence, created pro forma model, and wrote investment memo for review by investment committee
• Managed six office assets with responsibilities including lease negotiations, construction management, loan compliance, valuation, quarterly reporting, budget review and CAM recs
• Prepared 3 office assets totaling ~$80mm for disposition including gathering due diligence materials, creating returns analyses, conducting buyer interviews, and scrubbing Argus models
• Screened 30+ potential office acquisitions by building pro forma models, collecting market data, developing pitches, and presenting to CIO in weekly underwriting meetings
• Worked closely with property managers, construction managers, leasing, accounting, legal, and design to coordinate daily operations across East Coast portfolio
• Performed ad hoc analyses related to fund cash needs, refinancing, dispositions, capital spend, loan covenant calculations, investor reporting, and tenant financials
• Built Argus models from scratch for potential debt fund deals to provide investment recommendations on underlying asset quality
Senior Analyst - Global Transactions
JLL
San Francisco, CA
2021 - 2022
- Acquired over 1.5 million square feet of retail, office and R&D space in 2021 for Meta and AMGEN
- Worked cross-functionally with brokers, landlords, legal and finance teams to execute leases and acquisitions; two of which had obligations over $1 billion
- Created 10-year strategy for targeted acquisitions and optimized operations across portfolio
- Streamlined and downsized underutilized offices through subleases, sales and mothballing
- Identified and presented new opportunities to executive teams and managed projects from RFP to delivery
- Created and launched plan to dispose 3.4 million square feet of Class A/Trophy office space, to maximize recovery rate, by 2027
Education
Managerial Finance
University of Mississippi
University, MSTimeline
Asset Manager
Voya Investment Management
01.2024 - Current
Asset Manager
Bridge Investment Group
2022 - 05.2024
Senior Analyst - Global Transactions
JLL
2021 - 2022
Managerial Finance
University of Mississippi