Tracy Peacock, Property Management

Tracy Peacock

Property Management

Lincoln Property Company

Location
United Arab Emirates - Abu Dhabi
Education
Bachelor's degree, Business
Experience
16 years, 5 Months

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Work Experience

Total years of experience :16 years, 5 Months

Property Management at Lincoln Property Company
  • United States
  • August 2010 to April 2012

High rise residential property management.
300 up to 500 units in downtown Chicago, Illinois USA

Managing Director Rental Property Management at American Invsco CRS
  • United States
  • July 2005 to July 2010

Regional Operational Managing Director Condominium Converter
8 properties
Responsible for a rental portfolio consisting of 3000 units, at the largest point,
properties in Illinois, Florida, and Nevada supervising 60 plus employees; 12 direct
employees. Most properties consisted of between 300 and 450 units.
Multi-site management to train, maintain, and coach property and portfolio managers
in the management of policies, procedures, programs and ensured a well managed, luxury,
well maintained and fully occupied property.
Manage properties within financial guidelines to ensure optimal performance; multiple
budget preparation projects for all sites
Build and develop strong teams to out-perform sub-markets by providing on-going leasing
leadership and directions with continual focus on the physical and financial performance
of the portfolio with day to day site interaction
Develop one year, three year and five year plans for maximum business projections of the
assets

Train staff in budget comprehension and compliance along with developing software for the
department (One Site)
Develop and implement new programs to maximize fiscal property performance and sales
Negotiate favorable contracts on capital improvements and vendor contracts
Implement and train in the use of marketing tools for increased business
Accomplishments:
Increased NOI (up to 15%) on properties within the first year
Continued growth in profitability over the next two years
Collection practices with less than .05% delinquent at month end reporting for all
properties
Three day rental preparation standards perfected at all properties with white glove
leasing presentation and Champaign service

Managing Director at American Invsco
  • United States
  • May 1998 to July 2009

Property Management
Rental Management
Condominium Conversion
Multi Site Management
Corporate Department Managing Director

District Property Manager Condominium Converter Rental Program at American Invsco NVG Residential
  • United States
  • May 2003 to July 2005

3-4 properties
Start up of Property Management and take over of acquired properties for initial set
up, pre acquisition and conversion of management processes. Position entailed increasing
the overall performance of the properties through occupancy, revenue management, creative
marketing and the development of a successful service team including leasing, maintenance,
door attendant and management.
Trusted to lead, coach, train and monitor all property staff as a core contributor to the
development of company policies and procedures
Operations management responsible for the day to day follow up of all aspects of property
and management staff to ensure excellent service and minimum interruption of service while
aggressively leased communities in less than 12 months at above pro forma rents
Owners representative to be liaison for all resolutions of the group of employees, owners
and residents then advise on the property concerns utilizing sound business judgment to
resolve issues and conflicts
Successfully maintained and developed 90% of staff from takeover properties with an
approach, and vision, of a team attitude. Many of those staff members to later be
promoted due to growth under my leadership
Advised and coached with property budgets in a manner that supported the financial
expectations of ownership, association members and my supervisors
Develop and train cost effective methods of management of vendors, building systems and
procedures

Assistant Project Manager; Chicago High Rise at American Invsco
  • United States
  • February 1998 to May 2003

Multi Site Property Management always focused
on the property management and rental management of the buildings purchased
6 different properties for preparation of conversion to condominium

Property Manager at Wexenthaller Realty
  • United States
  • December 1995 to May 1998

High rise property Management Single Site.
Classs A high rise Chicago with commercial in Gold Coast

Residential Property Manager at Wexenthaller Realty
  • United States
  • December 1995 to February 1998

Responsible for the management of class A apartment communities with over 300 units, as
well as commercial/ mixed use space. Position entailed new property planning, supervising
employees, sourcing and negotiating all outside contracts, motivating staff to achieve
leasing occupancy goals, developing and implementing marketing strategies, creating and
managing budgets (rental and condominium), plus delivering operational and physical
improvements. Logistical arm for all management practices of the buildings/ communities
purchased by this developer prior to turning over to condominium association.
Deliver a professional approach to a changing environment for residents and staff
Implemented new management procedures, financial procedures and resident relation
procedures while gathering an understanding of the existing property, its staff and
residents to best preserve, but enhance, the property thru management actions and advise
my supervisors as to those actions
Conduct steps to implement all refurbishment and capital improvement projects in the
property
Supervise rent collections, leasing performance, vendor co ordination, maintenance work
tickets, payment of invoices and entire building management; Responsible for the management of 300 plus luxury rental units in downtown Chicago.
Transferred as employee of developer at acquisition of the community, gained significant
experience in all aspects of leasing, budgeting, cost control, and staff management.
Understood and complied with relevant legislation, Federal Fair Housing Amendment Act, and
local fair housing laws. Ensured that renting and management practices were developed and
implemented to create a luxury living experience in this Gold Coast high rise.

Earlier; Entered property management field as a leasing agent in 1992
Promoted to Property Manager of that community in 1993

Education

Bachelor's degree, Business
  • at Grand Valley State University
  • January 1992
High school or equivalent, Hospitality Management
  • at Grand Valley State University
  • January 1992

Specialties & Skills

Accounts payable and accounts receivables
Building Operations
Employee Management
Property Management and Leasing

Languages

English
Expert

Memberships

Institute of Real Estate Management
  • Real Estate Training
  • February 1995

Training and Certifications

CID (Certificate)
Date Attended:
August 1992
Valid Until:
August 1992