Summary
Overview
Work History
Education
Skills
Languages
References
Accomplishments
Affiliations
Certification
Timeline
Generic

Nestor Hermida, LCAM, CMCA.

Hialeah

Summary

Experienced and result driven General Manger with over 20 years of proven success in managing residential and mixed use communities, including high-rise buildings and large- scale homeowner associations. Skilled in budgeting, contract negotiation, capital project management, and board collaboration. Adept at leading multimillion-dollar initiative such as elevator modernization, waterproofing, and special assessments while maintaining strong resident relations and operational efficiency. Known for achieving substantial cost savings, enhancing property value, and ensuring compliance with local codes and industry standards. Committed to delivering high-quality service and fostering a safe, well-maintained living environment.



Overview

24
24
years of professional experience
1
1
Certification

Work History

General Manager

Bentley Bay Condominium Association
01.2024 - Current
  • Managed a $ 6 million annual operating budget.
  • Managed a 6.1 million special assessment and associated budget, overseeing fund allocation, and financial reporting to ensure accountability and transparency.
  • Attended meetings with Pistorino & Alam Engineering, CLAD Architecture and board members to finalize the water proofing of the pool deck, replacement of the expansion joint of five story parking garage and fire sprinkler system.
  • Achieved $574k in 2024-2025 and $78k in 2025-2026 in property/windstorm insurance renewal savings while maintaining full coverage and preserving the building's appraised value.
  • Generated cost savings of $73k for the association by optimizing resources (in-house projects).
  • Successfully negotiated a new bulk cable/internet contract with Breezeline, that expanded service to include all common areas, increasing service performance to residents, and $54k annual in savings for the association.
  • Monitored financial performance, set budgets and controlled expenses to provide financial stability.
  • Managed a diverse team of professionals, fostering a positive work environment and high employee satisfaction.

General Manager

Majestic Tower at Bal Harbour Condominium Association
03.2020 - 09.2023
  • Managed a $6 million annual operating budget.
  • Special Assessment of $ 5.5 million for remodeling of the pool deck, pool cabanas façade, interior of the restaurant, structural repairs parking garage columns, waterproofing of driveway, and replacement of expansion joint located in front of the building.
  • Led the replacement of the main expansion joint at the building's front entry in collaboration with the contractor and structural engineer to address water intrusion to the lower garage and restore structural integrity.
  • Led the successful execution of 2.2 million elevator modernization project , overseeing timelines, vendor coordination, and budget compliance.
  • Led the successful negotiation and execution of the pool cabana's roof replacement with Duro-Last PVC membrane. Achieved 320k in savings for the association through strategic in-house project management.
  • Oversaw concrete restoration for balcony areas and pool mechanical room.
  • Collaborated with restaurant operator to implement preventative maintenance strategies, minimizing equipment downtime and extending operational lifepan.
  • Planned, scheduled, and coordinated general maintenance and repair projects.

General Manager

Bayside Village Condominium Association
01.2018 - 03.2020
  • Work closely with Lerch Bates for the modernization of eleven hydraulic elevators.
  • Managed of the waterproofing of the cooper chimney caps, components, and flashings to prevent water intrusions.
  • Oversaw the installation of waterproofed conical hat vents.
  • Coordinated the installation of the garage sump pumps to mitigate flooding.
  • Replacement of terracotta tiles with travertine on four garden style elevator landings.
  • Conducted regular property inspections to ensure compliance with safety regulations and identify areas for improvement.

Sr. Property Manager

Sunset Lakes Master Homeowners Association
06.2010 - 01.2018
  • Managing a planned community of 1,865 single families and townhomes with eighteen subdivisions.
  • Supervision of the operations of Grand Bay Master, Doral.
  • Supervision of the operations of Coronado at Doral Condominium and St. Marteen Condominium Associations.
  • Operating a budget of $4.9 million dollars with fully funded reserves.
  • Reduction in monthly assessments from 2011-2016 due to the aggressive collection policy, re-negotiation of service contracts, and efficiently managing projects.
  • Expansion of the Gymnasium by adding over 1500 sq. ft. and the replacement of all fitness equipment at a cost of $ 1.1 million dollars.
  • Resurfacing the 300,000 gallons pool and replacement of pool equipment and filtration system,
  • Installation of a pool geothermal temperature control system at a cost of $ 150,000.
  • Supervised a team responsible for day-to-day operations at assigned properties, illustrating leadership capabilities.

General Manager

One Miami Condominium Associations
03.2005 - 05.2010
  • One Miami East- 451 condo residences.
  • One Miami West-453 condo residences.
  • One Miami Master Association.
  • Managing a collective budget of $ 15 million.
  • Participated in meetings with Related Group project manager, association's legal counsel, engineers, and board members to finalize the remediation of construction defects, ensuring with applicable Florida Statue Chapter 558.
  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Create a capital asset binder with clear instructions on how to operate and maintain all the association assets.
  • Formulated policies and procedures to streamline operations.
  • Coordinate with two restaurant operators' daily operations.
  • Maximized operational excellence mentoring personnel on management principles, industry practices, and company procedures.

Portfolio Manager

Miami Management, Inc.
04.2001 - 02.2005
  • Coral Seaview Condominium | Brickell Harbour Condominium Associations | Marbella Park & Marbella Park West HOA| Commercial Center III | Los Portales Phases II & III | Villa Canarias Phases I & II, River Run Condominium | River Run Yacht Club | Silver Lakes South HOA

Education

Bachelor of Arts - Real Estate Studies

Ashford University

CMCA - undefined

Community Associations Institute

CAM - undefined

Gold Coast Real Estate School

Real Estate Associate - undefined

Gold Coast Real Estate

Skills

  • Budget Management & Financial Analysis
  • Cost Reduction & Contract Negotiation
  • Leadership and Team Development
  • Project Management
  • Operation Excellence
  • Efficient multi-tasker
  • Deadline oriented
  • Problem Solving & Time Management

Languages

Spanish, Fluent

References

Letters of recommendation available upon request.

Accomplishments

  • 2016 - The Florida Communities of Excellence Awards - Finance Innovation Finalist.
  • 2012 and 2016 - Awarded Castle Group Property of the Year for excellence in management and operational efficiency.
  • 2011 - Implementation of an aggressive collection policy that reduced accounts receivable from $1.5 M to $393,000 in the first three years, improving cash flow and enabling the association to leverage the freed-up funds for operational growth.

Affiliations

  • Community Associations Institute (CAI)
  • Community Association Managers International Certification Board (CAMICB)

Certification

  • Certified Manager of Community Associations (CMCA).
  • Pursuing a Certified Associate in Project Management (CAPM).
  • Pursuing an Association Management Specialist Credential (AMS).

Timeline

General Manager

Bentley Bay Condominium Association
01.2024 - Current

General Manager

Majestic Tower at Bal Harbour Condominium Association
03.2020 - 09.2023

General Manager

Bayside Village Condominium Association
01.2018 - 03.2020

Sr. Property Manager

Sunset Lakes Master Homeowners Association
06.2010 - 01.2018

General Manager

One Miami Condominium Associations
03.2005 - 05.2010

Portfolio Manager

Miami Management, Inc.
04.2001 - 02.2005

CMCA - undefined

Community Associations Institute

CAM - undefined

Gold Coast Real Estate School

Real Estate Associate - undefined

Gold Coast Real Estate

Bachelor of Arts - Real Estate Studies

Ashford University

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