About Me

Balance Development Group

I am a very creative and passionate individual, who has focused his career ambitions in the real estate development sector. My background and career path advances have transformed me into a unique hybrid within the industry.

I am capable of wearing hats as an acquisition analyst, banker, developer, asset manager, and operational manager. While at the same time I can switch into the hat of a construction project manager. As of May 2020, I completed a Master’s in Real Estate Development from NYU. This program further advanced my knowledge of architecture, engineering, underwriting, real estate law, construction, and market analysis.

I have been privileged to oversee and manage Industrial, multi-family, and residential ground-up projects in service levels spanning from financial feasibility analysis, schedule oversight, entitlement, acquisitions, and construction management. My total financial project exposure is $55,000,000, accumulating to 300,000 Sq. Ft.

Experience

2016

Sep-2016

MR Capital Group

VP of Business Development & Operations (Sep 2018‐ Feb 2019) | Assistant Manager of Compliance & Operations (Sep 2016 ‐ Sep 2018):

Skills

I have experience with residential lending .

Land Acquisition

Development Management

ASSET MANAGEMENT

Underwriting

Land Acquisitions

Analyze land for environmental conditions, utility service availability, geotechnical investigations, traffic impacts, roadway & utility improvements, mass grading, and significant construction site logistic issues.
Evaluate the survey, title, and purchase contracts to eliminate possible conflicts.
Produce a preliminary zoning analysis to determine building footprint & unit count.
Underwrite and produce a proforma budget to perceive the projects feasibility to meet a required return and purchase price.
I have developed many broker and sub-contractor relationships that allow me to access on & off market opportunities.
Strong ability to negotiate purchase agreements and construction contracts.
Forged bank relationships for financing and robust knowledge of bank requirements from my past employment at MR Capital Group.

Ability to facilitate and develop relationships with state and local agencies that govern land use, zoning, and utilities. Current relationships include Town of The East Windsor and the City of Bayonne in New Jersey.
Oversee and assist the design and entitlement team to meet deadlines. Capable to suggest value engineering opinions to help meet budget restraints.
Thoroughly review civil, architectural, and structural plans to drive quality and cost effectiveness.
Negotiate and review general contractor and sub-contractor contracts for protection in delays, costs overruns, and proper bidding of all plans.
Maintaining hard and soft cost budgets and project accounting.
Prepare and maintain the financial projections, monthly bank requisitions, & related analysis for the operation of the project.
Attend construction & architectural meetings and preparing reports to upper management on construction delays and design adjustments.
Capability to take over the management of sub-contractors to finish scope of work in case of general contractor default.
Coordinate and manage marketing, property management, and broker consultants including contract negotiations.

Licenses & Certificates

New York Real Estate
Loan Originator
BBA, Finance and International Studies
Masters in Talmudic Law
MS, Real Estate Development & Investment

Projects

B22 a 72‐unit luxury rental

View Project

100,000 Sq. Ft Office Feasibility

View Project

In Progress

168,000 SQ. FT Industrial Facility In Progress

View Project

Contact

Balance Development Group

Alex@balancedevelopmentgroup.com

973-883-5447

Opening Hours

Flexible

Have a project or an idea in mind? Contact me to book a free consultation. Or simply drop a line for suggestions and opinions. I normally reply within 24 hours.