David Rimkus

Role
Finance Lead at Experience Senior Living
Location
Denver, CO, US
LinkedIn followers
500 followers

About David Rimkus

Chartered Financial Analyst. Experienced financial professional with a demonstrated…

Experience

  1. Finance Lead

    Experience Senior Living

    May 2022 — Present

    Underwriting • Underwrote 9-figure, 6-property portfolio refinance in 2022 and a 9-figure, 4-property in 2023 • Lead pro forma creation for all new developments in the pipeline (closed on debt for 2 new development deals in 2022, with 4 expected 2023 closings, while assessing dozens of other opportunities for 20••••25 and beyond) • Workshop complex capital structures with C-suite and capital partners Asset Management • Created annual budgets for all properties open and opening in each calendar year, while tracking pre-opening budgets for projects under construction • Present rolling operating and cash forecasts internally, with midyear forecasts distributed to capital partners • Establish treasury management function for new loans, managing to lender covenant testing • Ownership of operating assumptions for new developments and existing assets leveraging internal research, industry benchmarks, historical results, and team experience • Successfully mapped and transitioned the chart of accounts of two prior operators from 2022 to 2023 • Delegate to members of the Finance team as needed

Education

  • University of Illinois Urbana-Champaign

    Bachelor of Science (BS), Finance

    2011 — 2015

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David Rimkus — Finance Lead at Experience Senior Living in Denver, CO, US | Unifers