Roger Wells
8404 Gustin Rider Road(513) 470-2884
Cincinnati OH 45107

Financial/Operations Management

Highly successful business leader seeks greater responsibility and challenge
with opportunity to advance into the senior leadership team for a stable, growing company

17-years of solid successes in property management, development, and project financing in a Strategic Asset Management position. Experienced large deal broker manages key relationships, financial negotiations, and capital assets. Project manager creates and implements major processes for project execution. Business manager drives operations to greater efficiencies for cost reductions. Great employee communicator. Solid judgment, realistic, analytical, and logical. MBA, Marketing; MA, Communication. Proficiencies include:

Budget Development/Management
Due Diligence
Business Analysis
Lean OperationsP&L Management
Cost Containment
Quantitative Analysis
Advanced Excel Financial Negotiations
Financial Analysis
Financial Modeling (Pro Forma)
Cost-Benefit Analysis


SELECTED ACCOMPLISHMENTS
Funding Development: Member of finance sub-committee that obtained $36,000,000 in funding from the UC Endowment and $18,000,000 each from Mass Mutual Insurance and US Bank.
Financing Analysis: Developed budgets, proformas, and underwriting analyses on projects to determine feasibility and monitored variances through construction and stabilization.
Business Development/Profit Growth: Grew a real estate management company from scratch to a $9,000,000 operation by acquiring and repositioning real property to meet market demands.
Cost-Benefit Analysis/P&L Management: Increased the value of a 16-unit apartment building by $270,000 through a carefully planned purchase and renovation investment.
Leadership/Trusted Decision Maker: Reorganized the Corryville Community Development Corporation into 4 distinctive sub-groups with defined decision-making authority in these areas: operations, budget, finance, and new development.
Financing/Financial Management: Managed proceeds from revenue bonds into appropriate taxable and non-taxable development expenses, after assisting with securing those bonds.
Community Collaborations: Created a team collaboration among nonprofits that had diverse interests and, sometimes, competing goals.
Merger Integration: Reduced costs and developed financial leverage for two real estate management companies by leading the integration in a merger and creating specialization of functions.
New Revenue Streams: Started up a small construction firm within the business group, including creating a $40,000 offset to employee costs the first year.
Turnaround Management: As president of the board, turned around several University of Cincinnati projects from loss to profitable by taking increased responsibility for operational decision-making during a UC leadership reshuffle.
Marketing Innovation/Strategic Marketing: Created one of the first branded real estate management companies in the Uptown area.
Cost Reduction/Cross-Functional Training: Cut costs by having maintenance employees trained in specialty tasks, including a licensed exterminator, a locksmith, and appliance repair.

CAREER HISTORY

President / Operations Manager1991-Present
RealSpaces Property for Rent, Cincinnati OH
$6,000,000 property management business
Full P&L responsibility. Identified and exploited opportunities to cut costs or bring in additional revenue. Managed up to 5 maintenance employees, 2 leasing agents, and 1 appraisal assistant in real estate property management, development and appraisal. Responsible for all day-to-day functions including payroll, personnel, accounting, and customer satisfaction. Made all buy and sell decisions based on due diligence. Resource allocation.

President of the Board
Corryville Community Development Corporation, Cincinnati OH1999-2008
King Highland Community Urban Redevelopment Corporation, Cincinnati OH2000-2008
Bellevue Gardens Community Urban Redevelopment Corporation, Cincinnati OH2000-2008
Led three 5-member boards and an executive director in real estate development focusing on local home ownership. Led meetings and introduced topics for discussion. Hired and supervised the executive director. Represented the community in negotiations with banks, University of Cincinnati, the city, and various interested parties. Created collaboration among parties with diverse agendas. Negotiated the purchase of properties. Final review and approval of all transactions. Nominated to the board by local business leaders and community members. Monitored the construction of a 5-story office and retail complex with underground parking. Financed construction through taxable and non-taxable industrial revenue bonds. Monitored the construction of a 252-unit high-end apartment structure. Member of the finance committee obtaining $72,000,000 from non-profit and for-profit organizations.

Assistant Manager1993-1995
McDonalds, Anderson Township OH

Market Researcher (Intern)1991-1992
Dunlop Tire Corporation, Grand Island NY

EDUCATION

Master of Business Administration (MBA), Marketing, 2003
Xavier University, Cincinnati OH

Master of Arts, Communication, 1993
University of Cincinnati, OH

Bachelor of Arts, Communication & Psychology (research methods), 1992
University of Buffalo, NY

Ohio Licensed Appraisal Assistant, 2006
78 credit hours of State-certified appraisal courses

Computer Skills

Microsoft Office/Advanced Excel training in progress
Tenant Pro Property management and accounting software
Click Forms Real estate appraisal software
T-Value Loan calculation and amortization software





Excellent Professional Level References Available Upon Request