Megan Borman

Maintained all aspects of daily operations for a $25MM 171-unit asset and a staff of 3

• Managed, analyzed, and administered $650,000 budget for operating expenditure.
• Negotiated contracts in effective yet honorable way
• Negotiated, prepared, and monitored all legal documents relating to Resident’s occupancy
• Evaluated, approved, and monitored all vendor contracts
• Led and supported staff including training, performance guidance, reviews, hiring, promotion, and termination. staff of 3

Selected Contributions:

• During COVID-19 Pandemic, maintained less than 1% delinquent monthly, while increasing rent for overall GPR increase of $17,1000 monthly
• Diligently reviewed Lease Contract upon hire date. Submitted findings of two crucial errors to senior management who then implemented corrections company wide.

Maintained all aspects of daily operations for a $76MM asset that consisted of 280-units and a staff of 7.

• Supervised Leasing staff to increase occupancy from 89% to 93% lowering exposure to 7% by developing clear understanding of influential market factors
• Developed thorough understanding and working knowledge of reviewing and reconciling accounts payable and receivable
• Trained new employees, coached, and developed existing employees, supported problem resolution and decision-making, conducting timely performance evaluations, delegated tasks with completion expectations.

Selected Contributions:

• Analyzed property’s “turnkey”; ensuring units are turned effectively, drew relevant conclusions, and implemented appropriate solutions to reduce expenses by 7%.
• Designed leasing incentive competition of “Chutes and Leases” to keep leasing staff engaged, and to encourage fun at work

Supported with daily operations for a $30MM asset that consisted of 308-units under the direction of the Property Manager

• Performed administrative tasks specific to Lease management, such as creating files, processing applications and background screenings, updating files with ongoing correspondence, managing Lease contract execution process, and scanning and entering executed Lease contracts into internal database.
• Reviewed and approved all prospective resident applications
• Assisted Maintenance with scheduling completion of work orders

Selected Contributions:

• Evaluated “bad debit”, submitted appropriate solutions to increase collection revenue by 18% to Property Manager who gladly approved and allowed for implementation.