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James Posman is a seasoned executive with a proven track record in property management, asset management, and strategic planning. As Director of Operations at BMHL Equities / AEDN Realty, he has spearheaded residential, commercial, and industrial real estate management, analysis, and development projects. With over 10 years of experience, James has successfully managed associations worth $85 million, with annual budgets of close to $1 million. His expertise spans complete financial management, budget planning, and risk management, making him a trusted leader in the industry.

Experience

    • Director Of Operations
      • Dec 2013 - Present
      • Montreal, Quebec

      Specializing in residential, commercial, retail and industrial real estate management, analysis, operations and development.

    • Founder, Executive Director of Operations & Controller (Property Management)
      • Apr 2005 - Dec 2013
      • Montreal, Canada Area

      Services de Gestion BENZAL Management Services Inc. - Montréal, Québec Founded business in 2005 specializing in the property management for many of Canada's Financial Institutions and their risk portfolio division and also full service property management to Condo Associations.Founder, Executive Director & Controller• Complete company financial management, overseeing all aspects of internal financial control of the company, identifying and develop controls and protocols to ensure all risks & opportunities are highlighted• Management of various Condo Associations, budget planning, financial management, management of sub-trades, problem resolution. Currently managing Associations worth about 85 million with annual budgets of close to 1 million.• Management of various accounting related issues, budgeting, estimates and awarding of contracts.Management of all sub-trades required during the management of each property including maintenance providers, general contractors, environmental protocol specialists, evaluators and Real Estate Agents.• Management of tenanted properties including rent collection, repairs and sub-trades, owner's representative at rental Board Hearings• Attendance at various legal hearings acting as representative/mandatory of the property owner.• Management of mortgage secured asset until the file has been settled, sold or transferred back to the mortgage insurer. This includes everything involved in getting the property ready to be listed for sale (emptying property with or without a Bailiff, cleanings, repairs, environmental remediation protocols (where necessary) such as in homes used as marijuana grows).• Working with various specialized software specifically designed and used by the banks risk portfolio division.

    • Controller & Director of Operations
      • 1992 - 2005
      • Montreal, Quebec

      Controller & Director of Operations (1999 - 2005)• Complete operational controls, oversights and decision making of Property Management division. • Responsible for managing all aspects of financial operations for all divisions.• Developed and implemented auditing control procedures for our residential construction division. Designed and managed a successful communication network supporting clients and involving sub-trades, notaries, legal professionals, financial institutions through after sales service. This smooth and effective flow of concise information resulted in an increase in customer satisfaction and a decrease in the level of after sales complaints.• Developed an in-house legal program defining and then resolving specific legal issues. This led to a dramatic reduction in legal expenses.• Responsible for overall office management and compromising a staff of 10 employees.Director of Property Management (1992 - 1999)• Design and implementation of a management database meeting specific Financial Institution criteria with respect to their debt recovery portfolio management requirements.• Proactively developed, implemented and pursued new property management policies and procedures. Immediate results were seen by an increase in both new clients as well as a doubling of properties under our management.• Hiring and management of province-wide staff of property inspectors and sub-contractors• Responsible for maintaining clear communication and documenting details of various legal issues between lawfirms, mortgage insurance companies (Canadian Mortgage and Housing and GE Capital), Evaluators, Bailiffs, Real Estate Agents and debtors.• Responsible for all aspects of rental management such as collections, renewals, legal notifications, Rental Board filings and representation at Rental Board hearings. • Always meeting client's stringent timeframes on per file debt recovery portfolio legal issues

  • DAPHCA Group of Companies
    • Montréal, Québec
    • Property and Rental Management
      • 1990 - 1992
      • Montréal, Québec

      Responsible to rent out a condo development projects. Developer halted construction at 70% completion due to limited sales during economic downturn. Convinced developer to complete construction of remaining 4 buildings totaling 24 units, keep ownership of all these units and lease to tenants allowing for increased cash flow with end goal to sell these rental units, as investments, once the market improved. In addition, also mandated to rent an additional 10 units in sporadically located in completed buildings within the same development. Designed and implemented a marketing plan resulting in leasing of all 34 units within construction completion timeframe. Following this mandate and based on our successful rental procedures, assisted other Montreal area contractors in renting out their unsold inventory of newly constructed condominium units.

  • Century 21 Jaycor
    • Montréal, Québec
    • Real Estate Agent
      • 1988 - 1990
      • Montréal, Québec

      Situated in NDG area of Montreal. NDG was and remains one of the most active real estate markets in Montreal.Real Estate Agent• Grew sales through creative strategies and personal branding techniques.• Strengthened inter-personal and communication skills.• Earned respect of fellow agents within office as well as agents of other firms.• Implemented a sales strategy based on honesty and respect.

Education

  • 1982 - 1986
    University of Ottawa
    Bachelor of Social Sciences, Major in Economics & Public Administration
  • 1976 - 1982
    Ashbury College
    Ontario Secondary School Graduation Diploma, Sciences

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