Eric Domino
Associate, Acquisitions & Investments at Mission Peak Capital- Claim this Profile
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Bio
Credentials
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Real Estate License
State of MichiganAug, 2016- Nov, 2024 -
Candidate, Certified Property Manager (CPM)
Institute of Real Estate Management (IREM) -
Candidate, Housing Credit Certified Professional (HCCP)
National Association of Home Builders
Experience
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Mission Peak Capital
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United States
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Real Estate
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1 - 100 Employee
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Associate, Acquisitions & Investments
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Jun 2021 - Present
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Midland Loan Services
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Financial Services
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200 - 300 Employee
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Asset Resolution Consultant
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Sep 2019 - Jun 2021
Consulted with clients delivering customized asset management advisory services to large private equity real estate companies. Guided institutional clients through full asset life cycle from acquisition to deposition and managed highly structured real estate transactions. Minimized risk and losses to CMBS bondholders in collaboration with legal counsel. Negotiated highly complex real estate transactions and workouts with borrowers, legal counsel, and lenders. Oversaw hotel operating leases, partial releases, addition of collateral, encroachments, assumptions, non-permitted equity transfers, and other complicated consent matters. Show less
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Property Manager
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Jun 2016 - Aug 2019
Streamlined processes and procedures to optimize property management business operations. Identified process improvement opportunities and applied best practices to standardize processes. Directed maintenance and leasing staff as well as outside contractors handling capital projects. Performed market research and analysis of source data to calculate market rent and amenities. Compiled and submitted detailed reports on macroeconomic trends affecting real estate investment properties. Leveraged insight on tenant and landlord laws, Fair Housing Act, and grounds for eviction notices. ♦ Significantly improved occupancy rate and maintained a 95% occupancy rate through effective management of operational losses, lease renewals, new resident leases, and enforced late payment fees. Secured leases for over 300 apartment units over three-year period. ♦ Attained near 100% collection rate of all units with strategy to recover losses from delinquent residents. ♦ Accomplished closing ratio of 50% for each property tour given. Realized higher rent rates and first-rate resident services through vendor supervision, contract assurance, and revenue management. ♦ Minimized operational costs by 15% by negotiating favorable vendor pricing agreements by leveraging company economies of scale. Boosted property cash flows by more than 10% through marking rents to market and reducing redundant expenses. Show less
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Education
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Michigan State University
Bachelor of Arts - BA, Economics, cognate in Business -
University of Missouri-Kansas City
Master of Science - MS, Entrepreneurial Real Estate