About Chris Stroh
Professional Summary- Over 30 years of real estate and facilities management expertise.
- Property management experience: luxury commercial buildings, Class A and B office space, Flex buildings, Retail buildings and strip malls, industrial space, bare ground leases, HOA management, multifamily residential properties, mixed-use high rises.
- Extensive experience in Rehab/Construction oversight and management.
- Uniquely qualified to develop customized management solutions. Specialized in aggressive marketing, effective tenant retention programs, market research and analysis.
- Supervisory, organizational and financial analysis skills.
- Graduated Magna Cum Laude from Mount Holyoke College, BA in International Relations. Attended the London School of Economics.
- CCIM and CPM courses and candidacy.
Property Manager, Tomlinson and Associates.
Managed a multifamily portfolio of 1000 units-Conventional market rate multifamily properties, Section 42, HUD, Rural Development properties in Idaho and Oregon. (2010 - Present)
- Substantially increased property NOI, value and performance.
- Utilized market analysis to develop effective marketing programs.
- Developed / implemented best management principals/plans to ensure compliance with stringent HUD, IHFA, RD regulations.
- Analyzed property performance, developed and managed budgets, extensive reporting to owners, lenders, regulatory agencies.
- Supervised capital improvement/remodeling projects -- $300,000+ annually.
Owner, CS Property Management, LLC.
Developed a profitable property management firm of office and multifamily properties. (2008 - Present)
- Assumed management of a 500 unit troubled multifamily portfolio. Developed business and marketing plans, budgets, best management policies and procedures. Managed small office, multifamily properties, and single family homes, and duplexes.
- Within six months , significantly improved property performance.
- Supervised construction projects -- $500,000.00 annually. Prioritized capital needs, developed long term strategy for increased financial performance.
- Assisted in the development of a strategic plan for a non-profit owner, collaborated with social service, non profits, government agencies with the goal of neighborhood revitalization.
Director Multi-Family Housing, Colliers International.
Developed and managed a multifamily portfolio and division for Colliers International. (2005 - 2008).
- Solicited new business; created a profitable division within a year.
- Reached 12 month company goals within 90 days.
- Developed leases, contracts, policies, procedures, and accounting for new multifamily division. Hired staff, developed training and incentive programs to increase property performance.
- Brought new clients to Colliers that significantly contributed to Colliers brokerage business.
- Substantially increased NOI on new properties.
Commercial Program Manager, State of Idaho, Department of Lands.
Responsible for management of commercial leases throughout the State of Idaho. Performed feasibility/ financial analysis for Commercial Requests for Proposals (RFPs). Developed commercial program policies and procedures. (2003 - 2005)
- Responsible for oversight and management of the Department of Land's downtown Boise commercial office, retail and land portfolio.
- Developed and awarded a Request for Proposal (RFP) for property management and commercial leasing services.
- Modified the commercial office and retail leases for Department, solicited and incorporated Area Staff input, facilitated Attorney General review.
- Developed construction policy and procedures, Delegated Service Contracts in compliance with Department of Purchasing guidelines, Public Works statutes and procedures. Supervised construction/remodeling of Boise commercial buildings under 14 Delegated Service contracts, -- $400,000.00 per year.
- Developed Department procedures for coordination with the Division of Building Safety and Boise City Planning and Zoning.
- Successfully coordinated the renovation of the Public Utilities Commission building with the Department of Public Works, an architectural firm and contractor -- a project that had been delayed for many years.
- Coordinated the development of the Department's statewide commercial portfolio -- New leases for: Communication Sites and Outfitters and Guides. Reviewed and proposed changes in existing lease language. Renewed leases for Hagadone, Inc., Shoshone Ice Caves, etc.
- Issued four RFPs for the development of underutilized land. Analyzed, ranked and performed risk assessments of the leading proposals. Negotiated and developed a lease with one successful proponent. Formed an assessment team that solicited input from surrounding landowners, interested parties, Blaine County Commissioners and members of the private sector. Made recommendations to Executive Staff on the Buttercup parcel and Airport 7 parcel.
- Implemented a cooperative approach with Area staff to handle problematic lease negotiations.
Property Manager, Hammack Management, Inc. AMO, Boise, ID.
Responsible for managing a commercial portfolio of 12 commercial buildings and 10 residential properties. (2001 - 2003)
- Property Manager for a varied portfolio -- the Washington Mutual Building, the Veltex building, Class A office space, retail, flex and industrial buildings and residential multifamily properties.
- Designed, competitively bid and awarded contracts. Supervised capital and tenant improvements of $500,000 annually. Negotiated construction requirements with Boise City Building Department and Fire Department.
- Prepared and reviewed capital and operating budgets. Reviewed, analyzed monthly, quarterly and annual financial statements. Reported to owners, lenders, HOA's on property performance.
- Analyzed property cash flow and calculated value. Successfully negotiated significant property taxes reductions on the Washington Mutual Building and a 196 unit apartment complex.
- Prepared market analyses, and developed marketing programs for commercial and residential properties. Established innovative incentive programs for the brokerage community to move hard to lease spaces.
- Negotiated numerous commercial leases, e.g. a 7 year Class A office space lease for 7 years. Negotiated new and renewal leases -- office full service, retail triple net and full service with CAM charges.
- Negotiated the sale of a $540,000 office building. Sold Washington Mutual residential condominiums -- from $215,000 to $ 265,000.
- Reviewed/modified/coordinated legal review of CC & R's for a high-end, mixed use -- office, retail and residential-- downtown building.
- Supervised a staff of 22 employees.
Regional Manager, Dimension Real Estate, Inc. San Rafael, California.
Managed six multifamily properties in Idaho and Washington, totaling 614 apartments, with annual gross revenue of $4,000,000.00. (1991 - 2001)
- Supervised $500,000.00 in capital improvements annually. Designed scope of work in conjunction with architects/engineers. Negotiated contracts. Supervised construction.
- Successfully represented owners before: Boise City Council, the Planning and Zoning Commission, Ada County Tax Assessors, industry groups and the Army Corps of Engineers.
- Developed aggressive marketing programs. Substantially increased NOI. Improved property performance in soft markets. Consistently performed better than the market.
- Implemented innovative training, incentive and resident retention programs. Rewarded best management practices.
Property Manager, The Cottonwoods Apartments, United Property Services Inc., Boise, Idaho.
Managed 188 unit luxury complex. (1987 - 1991)
- Responsible for major improvement in profitability.
- Increased revenues 61% in four years.
- Reduced staffing costs by 40% over three years.
- Increased occupancy 78% to 99% in four months.
- Negotiated property tax reduction of 28%, 1.2 million dollar reduction of assessed value.
- Responsible for $75,000.00 per year in capital improvements.
- Implemented a corporate apartment program resulted in a substantial increase in profit.
- Successfully represented the owners with Ada County Planning and Zoning Commission.
Accountant / Administrative Assistant, Wimbledon Square Apartments, Johnstown Properties, Portland, Oregon.
(1986 - 1987)
- Responsible for property accounting for 491 units. Maintained delinquency of less than .5% of gross.
- Negiotiated construction contracts, resident and employee issues.
- Developed strong sales skills - maintained better than 60% contact to sale ratio.
Assistant Property Manager, Connie Rose and Associates, Atlanta, Georgia.
(1984 - 1986)
- Responsible for leasing, maintenance, accounts payable and receivable for 19 properties, containing 524 rental units.
Education, Honors, and Professional Development
- CCIM -- Certified Commercial Investment Manager Candidate.
- CI101 -- Financial Analysis for Commercial Investment Real Estate
- CI102 -- Market Analysis for Commerical Investment Real Estate.
- CI103 -- User Decision Analysis for Commercial Investment Real Estate
- CPM -- Certified Property Manager candidate, Chairman and Vice-Chairman, Boise ARM Committee, Sub-chapter, Institute of Real Estate Management.
- Vice-Chairman of the Lake Harbor Master Association for ten years.
- Institute of Real Estate Management, Boise City Ordinance Coordinator 1999 - 2000.
- Member of the Board, Association for A Sane Apartment Recycling Program (an industry political action group)
- Neighborhood Housing Services-Real Estate Development and Asset Committee member 2009 - Present.
- President, Vice-President, Applewood Townhome Association for three years.
- Portland State University completed 40% of courses leading to an MBA.
- Mount Holyoke College, B.A. 1982, Magna Cum Laude, Areas of Study: Economics, Geography, Politics and History.
- London School of Economics, junior year, 1980 - 1981.
- National Merit Semi-finalist 1979.
