Jane McKinney
Boston,MA
Summary
An expert in Real Estate Finance and Asset Management. With an impressive track record, she helps clients maximize their return on investment by evaluating real estate assets and investment opportunities. Her skills and experience have made her a valuable asset to the organizations where she has worked.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Director, US Finance & Portfolio Management
Optimum Asset Management
07.2022 - 10.2023
- Development & management of LifeSci Lab and Office space, residential and commercial properties in the US by a European-based fund
- Managing liaison between the US & European finance teams as well as between finance and portfolio management
- Manage all Financial Reporting for US Business at project and fund level including regular cash reporting, capital calls and distributions, quarterly financial statements and notes, partners’ capital statements, and ad hoc investor requests
- Assist in asset management/project management activities on theproject level for Residential and Life Science Offices
- Liaise closely with European counterparts and work on pricing activity management & pricing of Lux-based fund
- Lead the annual audit for US entities by coordinating closely with my Luxembourg counterparts & external auditors
- And other service providers for the US business
- Streamline the Accounting process for US entities and institutionalize a new accounting system
- Lead the audit process for the US entities
- Manage an accounting team and project vendors by building strong relationships
- Ensure corporate budgeting activities are carried out and frequently reviewed on the corporate and project level
- Full responsibility for the company's cash management including liquidity projections for US entities
- Provide monthly reporting to satisfy institutional-level reporting requirements of investors, partners, and lenders
- Update the US Entities accounting process
- Establish relationships with banks to streamline the accounts
- Open and Close down US entities
- Provide the Portfolio management team support when they prepare Budgets and underwriting models
- Assist in asset management/project management activities on the project level for Residential and Life Science Offices
- Negotiate terms and financials of leases and tenant buildouts between tenants and internally for lease administration of lab buildings and offices
- Negotiate and act as an intermediary internally and with banks, lawyers, and purchasers on sales of residential units.
Global Capital Expenditure Projects Lead
Takeda Pharmaceutical
06.2019 - 07.2022
- Lead Global CapEx Projects and budgets across asset management, refurbishments, extensions & relocations of Labs and Offices
- Create, implement, and manage a business process for all US & Austrian Capital Expenditure Projects
- Responsible for carrying out all CapEx projects and maintaining budgets, legal contracts, and working with contractors
- Ownership and management of a $45m CapEx budget to ensure no overages and allocate funds as needed across departments
- Ownership and management of a $15m OpEx budget
- Ownership and management of a $15m Integration budget
- Negotiate & manage all CapEx Project & Asset Management contracts across the division by working with the construction team, stakeholders, business partners, and vendors to remain within budget
- Develop and mentor a team to work toward successful and timely CapEx projects
- Create and communicate financial reports and processes across the wider organization
- Work cross-functionally & internationally within the organizational teams to ensure the space, technology, and funding needs of each team are met
- Manage Capital Assets post-acquisition working with end users to ensure needs are met
- Prepare analysis for the strategy of the portfolio going forward
- Create and project manage processes & KPIs related to integration costs, capital expenses as well as operational expenses
- Give visibility to what synergies have been achieved through the integration and merging of the two portfolios
- Manage the financial Integration costs of the 31m SqFt global real estate & facilities portfolio
- Contribute investment and market analysis for the global real estate portfolio
- Work with external consultants and internal teams to produce portfolio analysis
- Create, own, and function as PMO for tools, processes & KPIs to analyze progress and illuminate issues.
Director, Development & Asset Management
High Tide
01.2017 - 06.2019
- Finance: Sourced senior and mezzanine financing for assets and projects
- Managed Loans - work with lenders to meet requirements, manage drawdowns, documentation, refi & extensions
- Create and manage budgets, forecasts, and financial reports, including financial statements
- Review transactions & create investor reports, including waterfall calculations and investor& fundraising presentations
- Development & Project Management: Managed Commercial and Residential new builds, refurbishments, and fit-outs with budgets
- Oversaw full life cycle - acquisition, planning, construction, marketing, and sales
- Negotiated contracts with agents, property managers, consultants, contractors, lawyers, and investors
- Managed budgets, construction, and timelines and reported to necessary parties
- Managed & worked with the Project Team of 30 professionals
- Provided design & space plan clients' projects
- Asset Management: Presented project budgets for updates to clients, investor’s boards of directors, and stakeholders, including analysis
- Structured offshore and onshore SPV companies and all related administration, in line with the client's requirements
- Ownership of legal documents, reviewed, approved, and negotiated contracts including Asset Management, Property Management, Construction, and Agent agreements
- Leasing & Marketing - Negotiated Lease and their agents and designed marketing materials
- Due Diligence & Acquisitions: Sourced & evaluated investment opportunities from agents, developers, and personal contacts, including financial reports & models to determine the valuation price for acquisition based on the costs and financing rates
- Identified Equity Investors for new investment opportunities
- Acquire sites in line with the investor's appetite & budget
- Negotiate, and manage contracts budgets, and timelines.
Associate Director, Development & Asset Management
Aerium
02.2013 - 12.2016
- Oversaw a portfolio of UK developments with a total GDV of GBP500m and project budgets of GBP100m
- Maintained Ownership of the full life cycle, due diligence & acquisition through to planning & construction to occupation and disposition for all aspects including legal, financial, scheduling, planning, design & construction
- Strategy & Structuring - Approved legal, accounting, and structuring reports and agreements
- Stakeholder Relations – Nurtured relationship with all project stakeholders, ensuring agreements are upheld by all parties, including investors to obtain equity and approval
- Managed Project Teams, each of 20 professionals, contractors, professional teams, consultants, accountants and offshore administrators, lawyers
- Budget & Cost Control -negotiated fees, tracked costs & payments, approved management accounts &loan documentation to produce the monthly project finance report
- Contracts – Negotiated contracts & appointments including DMA, SPA, JV agreements, Leases & Managing Agent agreements along with construction contracts and professional teams including lawyers
- Project Finance – negotiated, closed, and monitored facility agreements, and facilitate monthly drawdowns & equity top-ups
- Design & Space Plan - Collaborated with tenants, architect, designer, and contractor to establish a final design
- Financial KPIs– DCF, NPV, IRR, Valuations, and Cash on Cash for prospective acquisitions, ongoing asset management, and financing structure, and Investor/Equity return
- Created investment memorandum for investors, collaborated with agents to sell assets, and structured new purchasers.
Financial Analyst
Canary Wharf Group
02.2011 - 02.2013
- Investment Management: Day-to-day management of Equity Investment in a JV including funding, investor budgets & payments, investor reporting, monitoring valuations, ad hoc analysis, and managing relationships between investors, JV partners, Development Manager & Administrator
- Reporting: Produce quarterly portfolio reports for the board, including KPIs, valuation analysis, tenancy schedules, and debt commitments by working with the accounting team and exporting information from MRI
- Development Appraisals & Financing Models: Created loan models exploring the maximum facility on an ICR & LTV basis, financing costs, Peak Equity, DCF & IRR, structuring loans, and swaps.
Financial Analyst (Contractor)
Short Contracts
02.2010 - 02.2011
- Clients: The Crown Estate, Gerald Eve, Lambert Smith Hampton, Echo Research Ltd., Private Investors
- Created financial models and analysis tools for the investment strategy team, with a focus on the Regent Street Portfolio.
Financial Analyst
Resolve Technology
09.2007 - 08.2008
- Prepared financial due diligence, forecast, and M&A reports for clients (REITS) regarding property and portfolio acquisitions of all property classes
- Built financial models, including DCF, NOI, Valuations, Income Statements, Sensitivity Analysis, Debt Structuring, P&L, Forecasting, Budgeting, Feasibility Reports, Waterfalls and Drawdowns.
Assistant Manager/Management Accountant
Beal & Co.
09.2005 - 05.2007
- Managed daily operations and finances of mix-use retail and office property, including taking on the role of Property Accountant in the absence of a designated Property Accountant.
Property/Asset Manager
3M PROPERTIES
06.2004 - 09.2005
- Managed daily operations, finances, and investment strategy of mixed-use retail and office property.
Education
MBA -
Cass Business School
London, UK03.2010
BS in Business Administration -
University of Vermont
Burlington, VT05.2004
Skills
- Microsoft Office Suite
- Access & SQL
- VBA & Macros
- ARGUS/DYNA/Circle
- MRI & Yardi
- Strategies and goals
- Budget Management
- Negotiation
- Financial Reporting
- Contract Negotiation
- Facilities Management
- Capital Spending
- Investor Relations
- Effective leader
Certification
- Project Management Professional (PMP)
- Sustainability: The Challenge of Changing Our Institutions, Harvard University, Cambridge, MA & LEED Registered
- Certificate in Feng Shui, Feng Shui Institute, London, UK
Timeline
Director, US Finance & Portfolio Management
Optimum Asset Management
07.2022 - 10.2023
Global Capital Expenditure Projects Lead
Takeda Pharmaceutical
06.2019 - 07.2022
Director, Development & Asset Management
High Tide
01.2017 - 06.2019
Associate Director, Development & Asset Management
Aerium
02.2013 - 12.2016
Financial Analyst
Canary Wharf Group
02.2011 - 02.2013
Financial Analyst (Contractor)
Short Contracts
02.2010 - 02.2011
Financial Analyst
Resolve Technology
09.2007 - 08.2008
Assistant Manager/Management Accountant
Beal & Co.
09.2005 - 05.2007
Property/Asset Manager
3M PROPERTIES
06.2004 - 09.2005
MBA -
Cass Business School
BS in Business Administration -
University of Vermont
- Project Management Professional (PMP)
- Sustainability: The Challenge of Changing Our Institutions, Harvard University, Cambridge, MA & LEED Registered
- Certificate in Feng Shui, Feng Shui Institute, London, UK
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