Jeremy Lomax
Atlanta,GA
Summary
Dedicated commercial real estate professional with a strong background in capital markets and the acquisition, deposition and management of income-producing financial assets. Skilled in creating value using non-conventional approaches and processes.
Overview
1
1
Certification
Work History
Founder and President
Lomax Capital Management Inc.
Atlanta, GA
2018 - Current
- Invested over $2.5 million of proprietary and invested capital across various financial assets (stock options, equities, debt, commercial real estate, etc.)
- Generated compounded annualized returns of 15.3% since inception using various capital deployment strategies, such as value-add real estate investing, global macro and long/short equity, etc.
- Managed capital- and property improvement process to ensure compliance with budgeted spending and construction timeline within a defined acceptable variance
- Hired and managed third-party property managers to ensure properties were manage in accordance to defined budget and investor projections
- Developed proprietary, detailed underwriting models that captures macro- and micro- economic impacts of using 30+ economic indicators reported by various news outlets and sources
- Lead market research efforts in search of market inefficiencies and arbitrage opportunities to increase annualized return on capital by goal of 100bps year-over-year
- Executed and/or consulted on various real estate transactions totaling more than $160MM
- Supervised and assisted in preparation of P&L, balance sheet and cash flow statements
- Managed distribution processes to return capital to partners or debt-financiers included in capital stack
- Supervised preparation of K1 schedules by certified tax consultants
Asset Manager and Revenue Manager
Harbor Group International LLC
Norfolk, VA
2015 - 2018
- Preformed various, detailed financial analyses on 120+ property portfolio totaling more than $10.5 billion
- Used LRO Rainmaker (Revenue Optimization Platform) to adjust rental rates, concessions, rental fees, etc. across 50+ multifamily properties with over 20,000 rental units owned/managed
- Used Argus and Excel to provide senior management with detailed forecasts and underwriting used in making informed decisions such as, holding period adjustments, capital infusions, distributions, etc. across commercial and multifamily properties
- Reviewed and analyzed monthly, quarterly and annual financial statements compared to investor projections and budgets for each portfolio property
- Provided ad hoc financial analysis relating to significant transactions including commercial leases, recapitalization events, and dispositions
- Prepared quarterly and annual reports and business plans and provide related analytical support
- Monitored loan covenants and partnership agreements to ensure compliance with operational and reporting requirements
- Managed quarterly distribution analysis schedules to ensure LP investors received a preferred return of 8% on a quarterly basis, pari-passu
- Created, owned and provided proprietary key dashboard reports to executive team used in monthly asset management meeting
Senior Production/Financial Analyst
CBRE
Atlanta, GA
2014 - 2015
- Supported team of six brokers led by Jeff Ackemann and Robert LaChapelle with over $15 billion in combined transactions
- Used Argus and Excel to create detailed financial underwriting and due diligence in search of financing for clients across commercial and multifamily products
- Prepared marketing materials and packages for RFPs, finance request and pitchbooks distributed to clients and financiers
- Assisted in financing strategy and timeline for clients
- Worked directly with clients and financiers in gathering due diligence information for underwriting and loan closings.
Wheel Program Associate
CBRE
Atlanta, GA
2013 - 2014
- The Wheel Program is a 12-18 month rotational schedule designed to introduce real estate professionals to several facets of commercial real estate. The professional will gain invaluable exposure to CBRE's business lines, giving a holistic view of how CBRE operates within the commercial real estate.
- Multi-Family Investment Sales Team: Supported brokers Malcolm McComb, Kevin Geiger and Paul Berry. Tasked with underwriting BOVs and creating detailed financial analysis for clients. Conducted market analysis, rent roll analysis, and detailed aerials for marketing materials. Created sale and rent comparison models for the brokers to place inside marketing materials and use to accurately price assets.
- Research rotation: Created an interactive dashboard highlighting the Top-20, Class-A office buildings in the Midtown (Atlanta) submarket. The dashboard consists of information on current ownership, stacking plans, capital stacks, renderings, etc. for each building, along with market trends, current/proposed construction, and other general market information. Also rotated through project management and property management.
- Debt & Structured Finance rotation: Supported a team of six brokers. Created detailed financial analysis, market and sponsorship overviews within the finance requests for properties across all asset classes. Present for meetings with debt-financiers, soliciting a host of financial products advantageous to our clients. Generated leads for the brokers using reports from Real Capital Analytics, CoStar, Lexis Nexus, and internal databases.
- Brokerage rotation (Landlord Representation): Assisted brokers Eric Ross and Clark Gore with request for proposals (RFPs) on many of the assets within the portfolio. Conducted market research on tenants expiring to generate leads and solicit future tenants. Assisted with financial analysis on new/renewed lease payments, tenant improvements expenditures, leasing commissions, and sale-leasebacks transactions.
Education
MBA - Capital Markets And Real Estate
University of Georgia
Athens, GA05.2013
BBA - Finance
University of Georgia
Athens, GA08.2008
Skills
- Argus Certified
- Excel, Financial Modeling Certified
- MS Office Suite
- Excellent Negotiation Skills
- Great Understanding of Finance and Marco- & Micro- Economics
- Learned techniques of Persuasion and Compromise
- Master of Adversity
- Self-Motivated
- Entrepreneurial Spirit
- Critical/Cerebral Thinker
- Great Attention to Detail
- Flexible and Adaptable
- Excellent Communicator
- Teamwork and Collaboration
Certification
- Licensed Real Estate Salesperson in Georgia - 2013
- Chartered Financial Analyst (CFA) Level II Candidate
Timeline
Founder and President
Lomax Capital Management Inc.
2018 - Current
Asset Manager and Revenue Manager
Harbor Group International LLC
2015 - 2018
Senior Production/Financial Analyst
CBRE
2014 - 2015
Wheel Program Associate
CBRE
2013 - 2014
MBA - Capital Markets And Real Estate
University of Georgia
BBA - Finance
University of Georgia
- Licensed Real Estate Salesperson in Georgia - 2013
- Chartered Financial Analyst (CFA) Level II Candidate
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