Adam Watkins

Vice President of Operations at Artcraft Management, Inc.
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Contact Information
us****@****om
(386) 825-5501
Location
Glen Allen, US

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Experience

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Vice President of Operations
      • Sep 2018 - Present

      Richmond, Virginia Area

    • United States
    • Real Estate
    • 100 - 200 Employee
    • Regional Property Manager
      • 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

    • Business Consulting and Services
    • 1 - 100 Employee
    • Regional Property Manager - Tax Credit Compliance Director
      • 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

    • Property Manager
      • 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

    • Property Manager
      • 2003 - 2005

      Orem, UT

    • United States
    • Real Estate
    • 700 & Above Employee
    • Leasing Consultant
      • 2001 - 2003

      Greater Salt Lake City Area

Education

  • Utah Valley University
    Bachelor of Science, History Education
    2002 - 2007

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