Violet Iwata
Senior Project Administrator at Crescent Communities | Commercial Real Estate | CBI Leaders Under 40 Class 11
- Role
- Senior Project Administrator at Crescent Communities
- Location
- Charlotte, NC, US
- LinkedIn followers
- 500 followers
About Violet Iwata
As Senior Project Administrator at Crescent Communities, I bring over five years of experience in supporting large-scale commercial real estate projects across multifamily, mixed-use, industrial, and build-to-rent sectors. Leveraging strong expertise in financial analysis and GAAP compliance, I contribute to the accurate reporting and accountability of development activity valued at over $500 million. My efforts in standardizing accounting workflows, redesigning invoice review processes, and resolving discrepancies have improved budget management and streamlined risk mitigation for projects spanning multiple states.Collaborating with cross-functional teams, I oversee construction invoicing, vendor compliance, and insurance tracking, ensuring operational efficiency and precision in financial operations. By onboarding and training staff across three states, I have enhanced team consistency and effectiveness in meeting project demands. My goal is to empower organizations to achieve operational excellence through meticulous financial oversight and collaborative problem-solving in dynamic, high-pressure environments.
Experience
Senior Project Administrator
Jan 2022 — Present · Charlotte, NC, US
Supported a $500M+ multi-state commercial real estate development portfolio, partnering with development, construction, finance, and asset management teams, along with lenders and external advisors, to ensure disciplined financial oversight, operational consistency, risk mitigation, and execution of due diligence and transaction documentation.• Managed construction invoicing, contracts, lender draw packages, and reporting across multi-state projects, ensuring compliance with loan agreements, approved budgets, and lender requirements.• Performed month-end close activities including journal entries, wire postings, and GL reviews, ensuring accurate financial reporting aligned with GAAP and lender reporting standards.• Partnered with development, accounting, property management, and external consultants to support successful transitions from construction completion into stabilized operations.• Delivered executive-level construction reports highlighting budget performance, schedule status, and key project risks for leadership and stakeholders.• Monitored vendor compliance, insurance tracking, and contractual obligations tied to collateral and loan covenants, improving COI compliance by 40% across 300+ vendor assignments.• Designed and standardized accounting and administrative workflows, including invoice review and approval processes, strengthening internal controls, budget oversight, schedule tracking, and risk mitigation, while reducing processing time by 25% and improving payment accuracy and vendor relationships.• Coordinated vendor prequalification for SDI programs in partnership with external consultants to support credit risk management.• Trained and mentored cross-state teams, fostering process discipline, accountability, and consistent execution.Leadership & Recognition• Selected for CBI Charlotte LU40 Leadership Development Program.• Served on DE & I Japanese cross-cultural initiatives, Crescent CARES, and Women’s Steering Committee.
Education
Sacred Hearts Academy
High School Diploma
University of Hawaii at Manoa
Bachelor of Arts - BA, Political Science, Sociology, Women’s Studies
2007
UNC Charlotte Belk College of Business
Master of Business Administration - MBA, Business Administration and Management, General
Kapi‘olani Community College
Associate of Arts - AA, Liberal Arts and Sciences, General Studies and Humanities
2005
iaelyon School of Management
Master of Business Administration - MBA, International/Global Studies
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