Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Michael Gottilla

Pequannock

Summary

Dedicated asset management professional with a history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.

Overview

9
9
years of professional experience
1
1
Certification

Work History

Director of Real Estate Transaction & Asset Management

Picket Realty Services, LLC
09.2021 - Current
  • Lead and manage all aspects of asset acquisition and disposition via Picket's proprietary technology platform for institutional owners of single family homes with total transaction volume of $120 million in 2024.
  • Develop and execute asset-level business plans to maximize income and asset appreciation while working with in-house and third-party property managers.
  • Lead client calls to deliver portfolio and asset performance results while providing insights, addressing concerns, formulating strategies and strengthening client relationships.
  • Monitor and analyze KPIs including rental growth and operating costs to evaluate asset performance and develop asset strategies.
  • Collaborate with clients to evaluate properties to determine listing prices, needed repairs and/or enhancements and marketing strategies to maximize investor returns at asset disposition.
  • Train and coach transaction coordinators to drive efficiency, accuracy, and client satisfaction in a demanding, high transaction volume environment.
  • Design and implement comprehensive compliance policies and procedures through proactive hands-on management and regular training programs to ensure strict adherence with regulatory requirements.
  • Engage with software engineering teams to provide actionable feedback to improve proprietary product workflows, functionality and user experience.
  • Conduct periodic audits to ensure compliance with real estate commission rules and regulations across multiple states while also serving as broker of record.

Senior Asset Manager

Mapletree US Management, LLC
06.2018 - 09.2021
  • Responsible for all aspects of asset management for a portfolio of residential properties located in a variety of markets across the US with a total value over $700 million.
  • Developed property specific business plans consistent with objectives and risk/return profiles of ownership that are implemented by creating operating budgets and capital expenditure plans.
  • Produced monthly and quarterly reports as well as responded to ad hoc requests for asset specific analysis and other insights into asset performance for executive management teams.
  • Performed investment analysis for both value-add and stabilized asset acquisitions under various scenarios across a range of markets and asset types.
  • Drove asset performance by overseeing third-party property management companies via weekly conference calls to review high-level operational issues, interacting with leasing brokers and reviewing monthly variance reports to benchmark performance against budget.
  • Supervised and trained junior team members including analysts and lesser-experienced asset managers to develop and grow the ranks of the onshore asset management team.
  • Responsible for profit and loss statements for a portfolio of residential assets, while proactively leading and supporting third-party property managers to drive revenue, manage expenses and exceed key performance indicators.
  • Act as a leader within the company, providing mentorship and development to the Regional Operations Team and other assigned direct reports to drive company policies, procedures and accountability.
  • Work directly with underperforming assets to strategize and execute on improvements and results.
  • Complete regular site visits to mentor direct reports, engage with the site teams, and provide strategic oversight.
  • Attract, retain, and inspire the best talent; grow and develop an internal pipeline to support company growth. Participate in the coaching of underperforming associates and adjust personnel to the operations team, as needed.
  • Ensure all operating and product standards are in place; identify, develop and implement product and service standards to support company objectives.
  • Assist in the development and/or improvement of site and corporate operations and participate in the discussion and decision-making process of strategic partnerships.
  • Promote the identification and sharing of best practices in all disciplines between properties, regions and product classes; and drive implementation across the organization.
  • Together with the asset management team, facilitate the completion of annual budgets, reforecasting and capital plans by the Property Managers, Regional Managers and the corporate operations team. Continue to develop a learning environment which improves upon team member's aptitude in the drafting of annual financial budgets and ongoing financial decision making based on these plans.

Senior Asset Manager

DMG Investments LLC
06.2016 - 06.2018
  • Oversaw national portfolio of residential properties including both conventional apartments and student housing buildings.
  • Presented portfolio performance results at quarterly executive level management meetings.
  • Summarized prevailing data trends and provided strategic guidance to highlight risks to future performance.
  • Drove key metrics such as delinquency and leasing activity to maximize net income.
  • Assessed asset rental potential by analyzing acquisition costs, projected appreciation and renovation costs.
  • Conducted periodic on-site visits of assets under management. Issued inspection reports and provided feedback to third-party vendors as well as direct-hire managers to recognize accomplishments and identify deficiencies.

Education

Master of Science - Real Estate, Concentration in Finance

New York University
New York, NY
09.2003

B.A. - Business Administration, Concentration in Finance

Georgetown University
Washington, DC
05.1996

Skills

  • Real estate development
  • Lease administration
  • Negotiation expertise
  • Investment analysis
  • Due diligence
  • Property valuation
  • Asset management

Certification

Broker level licenses in: Arizona, California, DC, Florida, Georgia, Kansas, Kentucky, Maryland, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia & Washington State.

Timeline

Director of Real Estate Transaction & Asset Management

Picket Realty Services, LLC
09.2021 - Current

Senior Asset Manager

Mapletree US Management, LLC
06.2018 - 09.2021

Senior Asset Manager

DMG Investments LLC
06.2016 - 06.2018

B.A. - Business Administration, Concentration in Finance

Georgetown University

Master of Science - Real Estate, Concentration in Finance

New York University

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