Ben Wax
Founder and CEO at Deals CRE- Claim this Profile
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English Full professional proficiency
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Yiddish Full professional proficiency
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Hebrew Full professional proficiency
Topline Score
Bio
Michael Sabbagh
Ben’s firm provided a first class due diligence service in connection with a recent acquisition. Ben is concise, responsive and extremely professional. We would certainly use his firm again.
Mordy Jurkowitz
Ben is a tremendous underwriter who really knows the nuances of a deal. I would highly recommend him.
Michael Sabbagh
Ben’s firm provided a first class due diligence service in connection with a recent acquisition. Ben is concise, responsive and extremely professional. We would certainly use his firm again.
Mordy Jurkowitz
Ben is a tremendous underwriter who really knows the nuances of a deal. I would highly recommend him.
Michael Sabbagh
Ben’s firm provided a first class due diligence service in connection with a recent acquisition. Ben is concise, responsive and extremely professional. We would certainly use his firm again.
Mordy Jurkowitz
Ben is a tremendous underwriter who really knows the nuances of a deal. I would highly recommend him.
Michael Sabbagh
Ben’s firm provided a first class due diligence service in connection with a recent acquisition. Ben is concise, responsive and extremely professional. We would certainly use his firm again.
Mordy Jurkowitz
Ben is a tremendous underwriter who really knows the nuances of a deal. I would highly recommend him.
Experience
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Deals CRE
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United States
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Real Estate
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1 - 100 Employee
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Founder and CEO
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2021 - Present
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Acquisitions Analyst
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2019 - 2021
- Performed acquisition analysis on industrial/office real estate across the US, totaling $100M - Produced comprehensive income/expenses analysis based on historical & projected performance, including underwriting & modeling property, cash flows, lease rollover, market rents, vacancy & capital improvement budgets, for each investment considered. - Communicated with parties familiar with prospective investment, including brokers, lenders, property managers, tax advisors, attorneys & appraisers. - Unique skill & expertise for auditing/analyzing complex Expense Reimbursements methodologies, saving significant value on the purchase price of future acquisitions Show less
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Inception Investors
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United States
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Real Estate
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1 - 100 Employee
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Financial Analyst
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2018 - 2019
- Performed pro forma analysis and & created sophisticated financial models to evaluate potential deals in the Northeast. - Reviewed term sheets from lenders and JV partners, constructed waterfall models, assisted management in negotiating terms. - Reconciled property/portfolio level income & expenses, return projections & overall performances, and prepared quarterly reports for investors. - Assisted manager in coordination of quarterly & annual audit process, annual budget process, monthly forecast and year-end process. Show less
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Bookkeeper
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2016 - 2017
- Monitored cash flows & bank accounts, verified transactions, performed money transfers, and bank reconciliations. - Reviewed and ensured payables have accurate GL codes & proper approvals. - Prepared & entered journal entries for month-end close, including accruals, depreciation, amortization, capitalization. - Analyzed variances, reviewed ledger details, recorded adjusted entries. - Prepared & analyzed financial reports, spreadsheets, forecasts, including balance sheet, profit & loss statement for management. - Prepared monthly reports to in-house management & quarterly reports & year-end financial reports to outside investors for each property. - Worked with an outside accounting firm on property tax returns. Show less
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Community
