Jon Palmer
Mineola
Summary
Dynamic professional possessing strong business acumen demonstrated through a successful tenure at Barone Management, where I managed over 2 million square feet of diverse assets, including educational facilities, self-storage, industrial spaces, and office properties. Proficient in financial modeling and portfolio management, with a passion for enhancing asset performance. My strong analytical and communication skills position me as an excellent candidate for an asset management role. I am actively looking to become part of a company where I can further develop my skills and contribute to creating value.
Overview
9
9
years of professional experience
Work History
Asset Management
SMP Capital LLC
01.2018 - Current
Director of Property Management
Barone Management
03.2021 - 04.2023
- Managed a diverse asset portfolio of over 2 million square feet, encompassing performing properties and development projects across the five boroughs.
- Oversaw real estate taxes for the property portfolio, including tax abatements, EDC incentives, and 501(c)(3) exemptions.
- Recovered over $800K in overpaid property taxes across all assets within 6 months, significantly enhancing the firm's asset performance.
- Collaborated with the Finance department to manage multiple investment funds totaling over $30.2 MM, sourced through crowdfunding platforms and previous LP investors.
- Generated Pro Formas for potential value-add and opportunistic projects, primarily focusing on charter school and self-storage facilities, targeting an IRR of 18-22% within a 5-year hold period.
- The primary point of contact for all tenant relations, utilizing Yardi software to streamline communication to address tenant issues, facilitate rent collections, and coordinate repairs or maintenance as needed.
- Designed preliminary floorplans using AutoCAD to engage prospective tenants for the company's industrial and charter school properties.
- Reviewed and created lease abstracts to effectuate tenant and landlord obligations, including rent escalations, maintenance responsibilities, reimbursements, and monthly tenant billing.
- Oversaw all aspects of property maintenance and operations, which included negotiating vendor contracts, scheduling necessary building inspections, preparing annual reports for Local Laws 84 and 97, and ensuring that the properties met compliance requirements set by DOB regulations.
Licensed Real Estate Agent
Keller Williams NYC
02.2016 - 04.2020
- Successfully closed numerous transactions involving both rentals and home sales, all sourced from self-generated leads.
- Developed Market Analysis Reports for clients to provide guidance in establishing goals and setting expectations.
- Created KPI reports weekly to gain deeper insights into market trends, including comparisons, rent growth, absorption rates, occupancy rates, and inflation.
- Coordinated inspections, appraisals, repairs, and other steps in the transaction process as required by buyer or seller needs for efficient closings.
Education
Master of Science - Real Estate Finance And Investments
New York University
New York, NY01-2025
Bachelor of Science - Psychology And Economics
Hunter College
New York, NY06-2015
Skills
- Financial Modeling
- Waterfall Distribution Modeling
- Cash Flow Analysis Using ARGUS
- Asset Management Performance
- Portfolio Management
- Construction Methods and Protocols
- Microsoft Excel
Timeline
Director of Property Management
Barone Management
03.2021 - 04.2023
Asset Management
SMP Capital LLC
01.2018 - Current
Licensed Real Estate Agent
Keller Williams NYC
02.2016 - 04.2020
Master of Science - Real Estate Finance And Investments
New York University
Bachelor of Science - Psychology And Economics
Hunter College
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