Adam Watkins
Vice President of Operations at Artcraft Management, Inc.- Claim this Profile
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Bio
Experience
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Artcraft Management, Inc.
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United States
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Real Estate
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1 - 100 Employee
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Vice President of Operations
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Sep 2018 - Present
Richmond, Virginia Area
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Community Housing Partners
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United States
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Real Estate
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100 - 200 Employee
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Regional Property Manager
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Sep 2012 - Jul 2018
Richmond, Virginia Area • Oversaw up to 16 property investments and over 700 Affordable and Conventional units in the Central VA region • Ensure all affordable properties were compliant with Low Income Housing Tax Credit (LIHTC), USDA Rural Development, and Housing and Urban Development (HUD) guidelines • Proficient in creating and implementing budgets, analyzing financial reports, and corresponding with Rural Development and/or Tax Credit officials • Successfully develop and implement company policies among… Show more • Oversaw up to 16 property investments and over 700 Affordable and Conventional units in the Central VA region • Ensure all affordable properties were compliant with Low Income Housing Tax Credit (LIHTC), USDA Rural Development, and Housing and Urban Development (HUD) guidelines • Proficient in creating and implementing budgets, analyzing financial reports, and corresponding with Rural Development and/or Tax Credit officials • Successfully develop and implement company policies among all property personnel through outstanding communication and training skills • Increase and preserve asset value by escalating and maintaining occupancy, decreasing expenditures, and lowering delinquency rates • Enforce lease agreement policies, recognizing resident and ownership needs Show less
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Landura Management Associates
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Business Consulting and Services
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1 - 100 Employee
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Regional Property Manager - Tax Credit Compliance Director
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2007 - 2012
• Responsible for Tax Credit compliance for all LIHTC properties within Landura portfolio. Perform LIHTC training for all regional and site teams. Complete audits and annual reports required by state agencies. • Conduct internal audits to ensure compliance of resident files • Oversaw up to 14 property investments and over 600 Affordable Housing Units within company portfolio • Increased region’s Return On Investment to ownership by 4% within 1st year • Successfully develop and… Show more • Responsible for Tax Credit compliance for all LIHTC properties within Landura portfolio. Perform LIHTC training for all regional and site teams. Complete audits and annual reports required by state agencies. • Conduct internal audits to ensure compliance of resident files • Oversaw up to 14 property investments and over 600 Affordable Housing Units within company portfolio • Increased region’s Return On Investment to ownership by 4% within 1st year • Successfully develop and implement company policies among all property personnel through outstanding communication and training skills • Increase and preserve asset value by escalating and maintaining occupancy, decreasing expenditures, and lowering delinquency rates • Developed strategies for protecting investments by training site teams and residents on Loss Prevention • Proficient in creating budgets, analyzing financials, and corresponding with Rural Development and/or Tax Credit officials • Enforce lease agreement policies, recognizing resident and ownership needs Show less
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Property Manager
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2005 - 2007
• Managed 60 LIHTC units at Bay Harbor Apartments • Increased occupancy from 69% to %100 in 7 months - Increased NOI for 2006 • Maintained low delinquency rate – Improved & maintained Resident Satisfaction rate • Excelled in maintaining budget, processing site payroll, marketing & advertising for the community, purchasing supplies for office, and advising maintenance. • Conducted internal auditing of resident files for sister Evergreene properties
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Property Manager
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2003 - 2005
Orem, UT
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Aimco
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United States
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Real Estate
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700 & Above Employee
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Leasing Consultant
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2001 - 2003
Greater Salt Lake City Area
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Education
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Utah Valley University
Bachelor of Science, History Education