Executive Search
Real Estate Development, Construction, Finance & Management
The Founder of our firm has been involved nationally in the Real Estate Executive Search Industry working with the highest caliber of Professionals & Organizations in the industry since 1995 . AGA's continued success can be attributed in large part due to our core foundation from the beginning that:
"We are forging longterm relationships that matter"
The Consultants and Networking Partners of our specialized executive search firm have a combination of experience ranging in:
Real Estate Development
Construction Finance
Property & Asset Management in the areas of Commercial, Multifamily, Mixed Use, Retail and Hospitality.
Our Client engagements have been with market rate multifamily development organizations, both publicly traded and privately held as well as Retail, Mixed Use and Tax Credit 501(c)(3) - Non Profit Organizations. (Affordable Housing, Historic Tax Credit and Academic Institution Tax Credit.)
Right Fit, Right Talent
Allen Group Advisors is an Executive Search & Advisory Firm that was formed by real estate professionals with the single goal to more efficiently and fairly provide a "solution driven" service, unique to real estate development clients and related practices not only for our clients but also for our candidates...who will one day become our client.
Having recognized the need for better solutions in working with every candidate and their career growth or change as well as integrity and confidentiality in the way that each candidate's growth and opportunities are handled was one of our major priorities.
We will assist you and in many cases, guide you towards a path where there will be sustained growth or there is projected sustained growth within your sector. The possibilities are abundant!!
We are interested in hearing from you, our candidates and where you want to grow your career. The corporate culture you are seeking, the "personality" that makes up the team you may be working with, your geographic preferences, your family needs in terms of neighborhoods & school districts within commutable distance to your new office. If the candidate needs outside the office are being met, it makes it easier for the candidate to focus on his/her position and a transition is much easier.
Call us or email us to assist you as you begin or continue your professional journey....
We Are Your Partner In Growing Your Organization
An Action Oriented Business Advisor and Partner to business leaders in multiple disciplines of the Real Estate Industry. We have successfully assisted in efficiently managing the talent acquisition process as a human resource partner when clients have reorganized, expanded into new markets or needed services to outsource which saved money and improved performance of client organizations in some cases. We add value by facilitating positive change.
We are specialists within the Real Estate Development & Construction Industry, we are NOT generalists within the talent acquisition world.
With AGA's broad range of experience and a nationwide network of consultants who work with us to provide the very best service possible for our clients, we understand the processes, intricacies, disciplines and various needs of our clients business. Because we are specialists with a niche' in the real estate industry, we are able to perform in a way that sets our clients up for continued success. In understanding the varied processes, we are better able to provide a more efficient and timely completion of key searches for our clients across the nation.
Are you as hiring authority, your organization or institution hiring or thinking about expanding and need key talent within your group?
Call us or email us to set up a date and time to discuss your needs, work together to develop a strategy for on boarding the candidate that FITS your company culture, personality fit and has the background you're seeking in a valued new member of your team. We can walk you through the process of how we conduct our searches to best fulfill your needs in an efficient & timely manner.
We work with you from the inception of the search through successful completion/offer/negotiation and acceptance by new hire. We can assist in relocation when needed and assure that the transition is seamless.
With the support of our recruiters, researchers and administrators, it's easy!!
Our Current & Past Searches
Positions
- Chief Executive Officer
- Chief Operating Officer
- Chief Financial Officer
- Controller
- Assistant Controller
- Accounting Manager
- President Western Region/Multifamily/Mixed Use Development
- SVP Multifamily Development
- Development Partner/Retail/Mixed Use
- Development Executive Affordable Housing-LITCH, HOME, Historic, HUD
- Development Consultant/Affordable HousingTax Credit
- Development Manager/Multifamily/Mixed Use
- Development Analyst/Tax Credit
- Development Analyst/Commercial
- President Property Management/Multifamily
- SVP Property Management
- VP Property Management
- Regional Property Management/Multifamily
- VP Asset Management
- Regional Asset Management
- Asset Manager
- President Construction/Multifamily
- VP Construction/Multifamily/Retail/Mixed Use
- Construction Manager
- Project Manager
- Superintendent
- Consultant/Off Shore IT Hospitality
- Consultant/Hospitality
- Dir Development FEC/Gaming Industry
A Few of Our Current Candidates as of Summer 2019
Real Estate Development
Development Partner/Vice President of Development
BA/MBA-Real Estate Finance
An extensive background in multifamily development, responsible for approximately 10,000 units developed coast-to-coast. Additionally, a background in retail and mixed-use projects and HistoricTax Credits.
As a developer, this candidate has demonstrated a talent for finding unique opportunities, including interesting assemblages. With over 40 properties entitled, this candidate has never lost a zoning case. Successfully financed and raised debt & equity—including for portfolios--with numerous institutional lenders and investors.
Other strengths include project programming of ground-up projects and adaptive re-use buildings, generating conceptual designs and product marketing. Has worked for private and public companies, multi-regional organizations and local operations; he has been a consultant, partner in a national company, senior corporate officer and established multiple profitable businesses and effective operations. He is equally comfortable working in a team framework or in a self-directed environment.
Development Finance Partner/Director of Investment Services
BA
Procured $30MM financing commitment from a for a real estate investor client forming an investment fund focused on acquisitions of distressed loans secured by newly constructed yet under-leased multifamily properties. Procured multiple equity, subordinate debt, and senior debt commitments to finance acquisition and development projects as well as construction projects. Consulted with land developers, production homebuilders, lenders and equity providers to capitalize the acquisition and development of multiple distressed master plan community development projects (due to a large REIT’s inability to honor financing commitments).
Secured financing for all Acquisition and Development (A&D) projects in all operating markets (18 cities nation-wide). Prepared land development/homebuilding project pro-forma analysis (IRR/NPV calculation), prepared ad-hoc financial models under various “what-if” scenarios, prepared project investment and financing packages and distributed to (actual and potential) lenders, joint venture equity partners and land banking groups. Prepared all presentations to internal Land Investment Committee.
Maintained relationships and worked cooperatively with lenders, equity partners, investor groups in order to source project financing for all land development projects and bulk lot purchases. Worked cooperatively with internal/external counsel regarding all land closing matters including contract preparation as well as the formation of JV and borrowing entities. Responsible for preparation of forecasting reports, and tracking land buys/bulk lot purchases from contract to closing. Worked cooperatively with finance team and external partners on all aspects of $200MM senior unsecured notes (high-yield bond) offering. This bond offering consummated in early 2013. Prepared audience-specific presentation and pitch materials for a $50MM high-yield real estate investment fund. Prepared six month, twelve month and at-completion comparisons of actual operating results versus proforma estimates. Maintained quarterly lot pipeline database, and semi-annual strategic land plan. Reported directly to our CFO, and worked alongside Area & Divisional Presidents as well as all team members in our national land acquisition group.
**This candidate very much desires to become more focused on development with a developer or institution that values the development expertise as well as the finance expertise.
Senior Level Asset Managment & Property Management Professional
BSBA-Finance
MBA-Finance
Proven hybrid professional, who will benefit a firm looking for a Regional Manager that not only understands operating partnership agreements and audited financial statements; but has complete understanding on how assets should operate from the front line property level.
- Asset management consulting services to both affordable & market rate multifamily community
- Stabilization of troubled apartment assets
- Acquisition & Rehabilitation Strategic Advisory
- Comprehensive Site Visit Reporting & Multifamily Due Diligence Services
- Tax Credit Compliance Reviews
- Project Management & Construction Oversight.
- Stabilized the company’s portfolio of 19 apartment assets (3,100 units), with an average occupancy of 96% at time of departure. This was an improvement of 5% in occupancy. Portfolio is a combination of affordable and market rate housing. Their Class A premier property had yet to be stabilized in 3 years requiring significant partner deficit funding. It had occupancy of 98% and cash flowing for the 10 months prior to departure.
- Streamlined management reporting. Implemented an occupied unit inspection program requiring every unit to be inspected by the property manager at least twice each year for liability purposes and reduction of maintenance expenses. Identified weaknesses in curb appeal and implemented improvements, including signage to increase more drive-by traffic. Introduced check reader units on properties; now residents pay by credit cards or checks automating the payment and streamlining the administrative process; significant time savings.
- Representing the general partnership interests for 20 tax credit properties in 5 states totaling 3,336 units. The states included: Nevada, New Mexico, Colorado, Wyoming and Indiana. Evaluated and assessed assets; and prepared written plan of actions that included time lines to meet specific goals and objectives. The significant improvement of this portfolio provided flexibility to client to sell GP interests at a greater value than its cost basis. In August 2003 portfolio occupancy averaged 88% and in May 2005 averaged 95%. There was a significant shift in the resident profile to a more qualified household. Total collected monthly receipts increased approximately 20% from August 2003 to May 2005. Weighted average DSC increased from .89 to 1.30 for the Nevada portfolio. Deficit funding that had occurred on several properties in 2003 and prior years was minimal in 2004 and there was positive cash flow by 2005. There was significant curb appeal improvement through a concerted focus on details of properties. A substantial reduction in crime was realized through the implementation of a “zero tolerance” policy. On an Indianapolis property was involved in the oversight of $1.6 million rehabilitation.
- Has been responsible for management of sixteen multifamily LIHTC properties, totaling over 2,600 units located in Florida, California and Rhode Island. Identified area of operations under-performing and developed and implemented plans of actions improving economic performance and aesthetic appeal.
**These Summaries are not intended to represent the full background of any of the candidates represented here.
Just a few of our Clients!
Zaremba Group (M/F, Mixed Use & Retail)
Ernst & Young, Ken Leventhal
Ernst & Young
Camden
BRE
Buckeye Community Hope Foundation
Village Green
Apple Residential
Equity Residential
Avalon Bay
Picerne Development
Trammel Crow
Brisben
Flournoy
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Joy Allen
As Founder of Allen Group Advisors, Joy has worked extensively in the Real Estate Industry for a total of 27 years. For the past 24 years, she has worked exclusively in the Real Estate Executive Search Industry forging long term relationships with Industry Leaders in the areas of real estate development & construction, finance and management and established herself as a valuable asset to her clients. She has successfully been involved in hundreds of searches and continues to stay involved in industry activities and conferences.
Before forming Allen Group Advisors in 1999, Ms. Allen was SVP of another nationally recognized search firm where she received regional and national awards and developed their Multifamily Division.
Joy attended Indiana University where she studied Business Management. She also held her Real Estate License in Indianapolis, Indiana for several years where she was actively working with developers.
In addition to her professional endeavors, she is a former equestrian, a PADI certified scuba diver and practices yoga. She is a travel enthusiast (wanderluster) and has volunteered her time for several worthy causes including one dear to her heart, The Cerebral Palsy Network.
Ms. Allen also recently celebrated having served 2 years on the Board of Directors as a Director and a member of the Finance and New Deals Committees of a Non-Profit Affordable Housing 501(c)(3) Organization in an effort to make a difference in providing quality homes to the very low to moderate income families. The organization holds 20 developments with over 4500 units. Joy hoped to see several programs put into place for the residents with various needs in various communities. Her belief is that every person and family deserves a stable home and no child should worry about having a roof over their head.
Ms. Allen's direct office email:
joyallen@allengroupadvisors.com
"Uniting Key Players Within The Real Estate Development & Construction Industries"
(See bottom left photo: A beautiful project by one of our all time favorite Clients)
