Niravkumar Patel
Orlando,FL
Summary
Quality-oriented professional with 5+ years of experience and a proven knowledge of commercial constructions systems, real estate finance and modelling, and project management. Aiming to leverage my skills to successfully fill the Commercial Real Estate Development Manager role at your company.
Overview
5
5
years of professional experience
Work History
Commercial Real Estate Development Associate
Kimaya Real Estate
Orlando, FL
01.2022 - Current
- Responsible for Mixed Use, Multifamily and Build For Rent projects around central Florida area.
- Currently working on project size greater than 250 units and project amount of $50M.
- Oversee and coordinate preconstruction and construction activities for the Apartment projects.
- Manage the pro-forma analysis as well as the development budgets for each project.
- Assist in the creation, tracking and management of internal reports, investment committee memos, project trackers, development updates/schedules including due diligence, entitlements, design, permitting and land closing.
- Assist in processing of entitlement, permitting, design development, civil plans CDs and Architectural Plans CDs through external consultants.
- Effectively communicate relevant project information to the Owners and other team members for appropriate decision making.
- Review and coordinate with attorneys different AIA contracts to reduce Owner liability and project risks.
General Manager
Ganesh Of Indiana LLC
Indianapolis, IN
02.2020 - 01.2022
- Renovated and remodeled the hotel to Sleep Inn by Choice Hotels
- Negotiated PIP and Franchise Contract, Solicited bids with franchise approved vendors
- Negotiated property taxes for the hotel with the Marion County, IN.
- Increased Revenue to 200% YOY - turned liability to an asset that is now income producing.
- Directed and coordinated finance and budget activities to fund operations, maximize investments, and increase efficiency.
- Manage, assign and prepare work schedules and job specific duties for guest satisfaction.
- Observe and monitor staff performance to ensure efficient operations and adherence to facility's policies and procedures
Development Associate
Washington Prime Group
Indianapolis, IN
01.2019 - 07.2019
- Prepared financial proforma for feasibility on mixed-used projects worth more than $200 M
- Created and assisted in preparing the project presentation file for the developer's investment committee meetings
- Analyzed local zoning laws to help prepare real estate development solutions for the different centers
- Analyzed and interpreted site plans, construction drawings, and construction documentation
- Worked on various projects directly or indirectly with assigned developers ranging between $1 M to $10 M.
Finance Analyst Intern
Becknell Industrial
Indianapolis, IN
04.2018 - 12.2018
- Supported the acquisition team during property acquisitions
- Includes due diligence and budgeting
- Assisted in preparing various proposals for the Investment Committee and other private equity investments
- Assisted in preparing responses for the RFP process for prospective tenants for on-going development projects
- Learned to evaluate the company's strategy for acquisitions and investment projects
- Learned to underwrite for industrial products ranging from 50k SF to 600k SF.
Construction Intern
Amba Maa LLC
Richmond, IN
01.2017 - 04.2018
- Worked closely with the hotel developer to assist in day-to-day remodeling activities
- Assisted with design by providing efficiency and cost savings ideas by adhering to Franchise rules for renovation
- Assisted with budgeting and materials procurement
- Assisted in the cost-effective management of resources by using project management scheduling techniques
- Evaluated local regulations, permitting, and zoning requirements (local entitlement)
- Worked with the developer and general contractor to maintain orderly records and documentation.
Education
Masters - Real Estate Development
University of Indianapolis
Indianapolis, IN05.2019
Bachelor of Technology - Mechanical Engineering
SVKM'S NMIMS UNIVERSITY
Mumbai, India05.2015
Skills
- Real Estate Development
- Financial Feasibility
- Financial Modelling
- Microsoft Office
- Communication Skills
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Commercial Real Estate Development Associate
Kimaya Real Estate
01.2022 - Current
General Manager
Ganesh Of Indiana LLC
02.2020 - 01.2022
Development Associate
Washington Prime Group
01.2019 - 07.2019
Finance Analyst Intern
Becknell Industrial
04.2018 - 12.2018
Construction Intern
Amba Maa LLC
01.2017 - 04.2018
Masters - Real Estate Development
University of Indianapolis
Bachelor of Technology - Mechanical Engineering
SVKM'S NMIMS UNIVERSITY
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