Michael Monteleone

About Michael Monteleone

In the last 10 years, played a key role in the acquisition of 20 multifamily assets and…

Experience

1. Senior Manager of Investments - Southeast

   Grand Peaks

   Mar 2016 — Present · Miami, TX, US

   Senior Manager – Investments: November 2023 - CurrentInvestment Associate: January 2020 – October 2023 Financial Analyst: March 2016 – December 2019• Acquisitionso Involved in the acquisition of 19 multifamily assets and developments totaling over 5,800 units and $1.3B in value.• Underwritingo Prepare investment memorandums and equity packages for internal review and external capital partners.o Develop business plans for acquisition opportunities by evaluating projected asset performance based on submarket trends, renovation potential, and operational strategy.• Market Researcho Continuously monitor market and submarket KPI trends across the Southeast, which include staying current on pipeline supply, employment drivers, population growth and affordability.o Produce detailed market research reports for acquisition strategy and business plan development.• Renovationso Involved in managing over $100 million in renovation budgets across 13 communities and more than 4,300 units.o Maintain renovation timelines by coordinating closely with contractors and project teams.o Prepare and distribute monthly renovation draw reports to investors and lenders.o Oversee budget management, invoice approvals, and scheduling to ensure project alignment with investment objectives.o Collaborate with Asset Management to monitor the implementation and success of renovation premiums in alignment with underwriting projections.• Due Diligenceo Facilitate preparation of due diligence summary reports, consolidating findings from third-party reports, unit inspections, and lease file audits.• Trainingo Train and mentor analysts, providing guidance on underwriting fundamentals and market research.