Caleb Foraker
Asset Manager at Alliant Strategic Investments - A Walker & Dunlop Company- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Experience
-
Alliant Strategic Investments - A Walker & Dunlop Company
-
United States
-
Real Estate
-
1 - 100 Employee
-
Asset Manager
-
May 2023 - Present
-
-
-
Lincoln Avenue Communities
-
United States
-
Real Estate
-
1 - 100 Employee
-
Asset Manager
-
Mar 2021 - Feb 2023
• Managed a portfolio of affordable multifamily housing developments across multiple markets per the business plan agreed upon with the development teams • Worked closely with the development team to ensure investment goals were aligned and assets performed at or above expectations • Conducted monthly financial and operation reviews to compare actual performance vs. the annual budget and reported findings to senior leadership. Ensured an action plan to course correct was established and implemented • Coordinated large-scale capital projects including full property rehabilitations, elevator modernizations, balcony repairs, and smaller scale projects deemed necessary by capital needs assessments. • Kept properties in compliance with their respective Land Use Restriction Agreements, Extended Low Income Housing Agreements, and other local, state and regulatory agency agreements • Managed annual budget process by analyzing financial data and creating reforecast models to assist with budgeting income & expenses. Presented final budget to senior leadership and remained flexible where necessary so needs of Asset Management and Development teams could be met. Show less
-
-
-
JRK Property Holdings
-
United States
-
Real Estate
-
200 - 300 Employee
-
Analyst
-
Jul 2019 - Feb 2021
• Proactive management of a multifamily portfolio totaling 6000 units across 15 properties • Report directly to Director of Asset Management on monthly financial and operational performance • Negotiate and manage large expense contracts, budgeted over $600k in savings for 2020 • Managed the renovation project of a 700-unit multifamily property by communicating directly with vendors and scheduling contractors to ensure a smooth and timely renovation turnaround • Analyzed performance of in-unit upgrades by developing models that show T12, T6, T3, and T1 leasing velocity information along with 30-, 60-, 90- day availability for each respective in-unit upgrade. Show less
-
-
-
Currency
-
United States
-
Software Development
-
1 - 100 Employee
-
Business Development Intern
-
May 2018 - Aug 2018
-
-
-
Keller Williams Realty, Inc.
-
United States
-
Real Estate
-
700 & Above Employee
-
Intern
-
Jul 2017 - Sep 2017
-
-
Education
-
Universtity of California, Los Angeles
Bachelor's degree, Economics