Michael Namdar
Cedarhurst,NY
Summary
- Seasoned real estate professional with 12 years in the private sectors. Extensive experience in underwriting and acquisitions. Established working relationships across diverse populations at all levels.
- Performed both due diligence and underwriting analysis on real estate investment properties including Multi-Family properties, Retail, Self-Storage, Medical Office, Industrial/Warehouse, and other Commercial investments.
- Conducted cash-flow analysis, Global Property cash-flow analysis, as well as market data-based research and knowledge.
Overview
12
12
years of professional experience
Work History
Director of Acquisitions and Head Underwriter
Damis Holdings
09.2016 - Current
- Prospected and qualified new investment properties.
- Negotiated, facilitated, and managed all aspects of real estate transactions.
- Computed final estimation of property values, taking into account depreciation, value comparisons of similar properties and income potential.
- Managed contracts, negotiations, and all aspects of sales to finalize purchases.
- Completed inspections of properties and property improvements to determine market values.
- Gathered information on nearby comps to make value determinations on properties.
- Responsible for overseeing & directing acquisition team from inception till closing.
Executive Assistant/Acquisitions/Underwriter
Meyerson Management
09.2014 - 09.2016
- Generated lists of properties that were compatible with company's needs and financial resources
- Created Realtor and buyer incentives and strategies with agents, builders, and buyers
- Reached out to, and met with, property owners to purchase their properties
- Served as liaison between company president and clients regarding client accounts and new business
- Conducted market studies and property searches to identify profitable acquisitions
- Liaised effectively with contractors, property managers, accountants, attorneys, appraisers, brokers, and other service providers
Executive Assistant
Triple Five Group
09.2012 - 09.2014
- Collaborated with other administrative team members anddepartments on special projects and events
- Provided logistical support to visiting executives in coordination withother Executive Assistants
- Created and maintained computer- and paper-based filing andorganization systems for records, reports and documents
Acquisitions/Analyst
Citiwide Group
10.2011 - 09.2012
- Cold called clients to obtain their exclusives
- Assisted in developing marketing material for properties
- Communicated with owners regarding home and loan status
- Completed financial modeling and analysis for new and committed development projects
- Created thorough and concise investment packages
- Traveled to property locations on an as needed basis
Education
Talmudic Law
2011
Bachelor of Science - Marketing/Management
2009
Skills
- Commercial Real Estate Underwriting
- Analytics and Metrics
- Contract Negotiation
- Team leader
- Staff Management
- Tech Savvy
- Complete Understand of Real estate Transactions
- Great at Multitasking
- Purchase Agreements
- Effective communicator
Timeline
Director of Acquisitions and Head Underwriter - Damis Holdings
09.2016 - Current
Executive Assistant/Acquisitions/Underwriter - Meyerson Management
09.2014 - 09.2016
Executive Assistant - Triple Five Group
09.2012 - 09.2014
Acquisitions/Analyst - Citiwide Group
10.2011 - 09.2012
Shor Yoshuv Talmudic Law - , Talmudic Law
Touro College - Bachelor of Science, Marketing/Management