Joel Neuenhaus

Real Estate Advisor

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Resume

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    Joel Neuenhaus



    REAL ESTATE CONSULTANT – CAREER PROFILE

    Accomplished finance professional with a proven history of developing & executing strategies to improve operational efficiency & meet financial objectives. Led key initiatives resulting in superior cash-on-cash returns (767% & 105%) to investors by applying sophisticated cash flow forecasts, performing detailed market research & cultivating industry relationships. Acknowledged for exceptional analytic proficiency, problem solving skills & management ability. I aim to contribute & broaden my skills at an investment advisory firm. Strengths include:

    • Financial Stmt. Analysis
    • Cash Flow Modeling
    • Lease Abstraction
    • Tax Return Analysis
    • Asset Valuation
    • Budget Projections
    • Feasibility Studies
    • Credit Review
    • Investment Reporting
    • ARGUS
    • Excel/PowerPoint
    • YARDI

    PROFESSIONAL EXPERIENCE



    Duff & Phelps WTS-US                                                                                                                              New York, NY

    Transaction Associate – Financial Services                                                                                                2005–2008

    Conducting financial analysis on international M&A transactions for diverse clientele, involving the valuation of assets & allocation of income. Interpreting federal regulations & performing in-depth analysis of client financial statements, debt instruments & tax returns. Breaking down complex issues for presentation to clients by producing concise research memorandum.

    • Lead consultant to BlackRock on acquisition/integration of Merrill Lynch Investment Managers, increasing deductions by interviewing third party service providers & performing cost segregation study.

    • Review of loan syndication documents & real estate fund operating agreements, identifying cross-selling opportunities which culminated in 12% reduction & elimination of withholding on investor distributions.

    • NYC IDA lease analysis, identifying tenant improvements & eligible new hires, effectively expanding ICIP benefits by 20% & establishing procedures to apply credits through collaboration with accounts payable.

    • Discovered & authored memo supporting tax treaty exemption on interest distributions reducing tax from 35% to 0% for investment banks, requiring thorough analysis of investment management firm’s income statements.



    Real Estate Investor                                                                                                                                Weehawken, NJ

    Principal                                                                                                                                                                2003–2005

    Successfully initiated, designed & executed an entrepreneurial endeavor requiring sound analytical ability, research proficiency & effective negotiation skills. Management of entire transaction process; from sourcing the acquisition of a multifamily building & meeting underwriting guidelines, to its disposition.

    • Achieved 767% COC after-tax return on sale; exit strategy based on cash flow & economic forecasts.

    • Property management: regulatory compliance, capital projects & accounting. Attained a 0% vacancy rate.



    The Jaffe Group                                                                                                                                               Hoboken, NJ

    Real Estate Asset Manager                                                                                                                               2001–2005

    Private equity group acquiring & managing a portfolio of multifamily & mixed-use assets. Identified, analyzed & presented acquisition, disposition & re-financing opportunities to partners. Managed broker & vendor relationships, negotiated contracts & approved final deliverables. Established cash flow projections & annual budgets, consistently meeting targets; supervised on-site staff of 12; supported due diligence underwriting efforts, investor reporting & consistently exceeded client expectations.

    • Reduced default & vacancy rates by 1.5% via an innovative marketing plan & sound tenant credit analysis.

    • Initially responsible for performance of 500 units, increasing to 1,100.

    • Produced condominium conversion feasibility study, leading to 105% COC return at disposition of asset. Initiated & supported the entire sale process, including negotiation, due diligence & investor reporting.

    EDUCATION AND LICENSES


    • Zicklin School of Business, Baruch College – M.S. Real Estate, Candidate 2009

    • University of Delaware, College of Business & Economics - B.S. Economics

    • NYU, Institute on Federal Taxation - Topics: Trusts, estates & real estate

    • State of New Jersey - Real Estate License