Loading...
Yechiel Ciment Application Package YECHIEL S. CIMENT 4101 Pine Tree Drive Apt. 1414, Miami Beach, FL 33140  (305) 458-8332  YCiment@gmail.com EDUCATION Syms School of Business, Yeshiva University, New York, NY Bachelor of Science in Accounting, May 2011 Study abroad: Yavneh, Israel, 2007-2008 LICENSURE Real Estate Sales Associate Licensure, State of Florida, 2010 - Present EXPERIENCE Director of Asset Management, 02/2015-Present Property Markets Group (PMG), Miami, FL • Responsible for leasing strategy, budgeting, reporting, and operations for PMG’s portfolio; including X Miami, a 590-lease luxury high rise in Downtown Miami and X Las Olas, an 829-lease luxury high rise in Downtown Fort Lauderdale due to open Q1 2020 • Work with development and construction teams throughout development process to ensure implementation of operationally efficient floor plans for units and common areas • Manage capital improvement projects for operational assets • Conduct market research to understand opportunities and trends • Responsible for interfacing with all investors; updating budgeting, reporting, distribution schedules and overseeing the raising of over $200MM in equity for various condominium and multifamily projects • Oversee the condominium closeout process of over 450 units • Participating in the due diligence and loan closing for loans in excess of $1BB; directly overseeing the closing of $80MM and paydown of over $416MM worth of loans • Responsible for tax analysis and structuring of new acquisitions including REIT’s • Oversight and coordination of Tax Reporting and tax return preparation between in-house and outside accounting teams • Responsible for the preparation of Principal Personal Financial Statements including management of liquidity, real estate holdings, and liability/recourse management Investment Analyst, 10/2014- 02/2015 Royal Meridian, Plantation, FL • Prepared Discounted Cash Flow Models and Pro-Formas using Microsoft Excel; potential buildings have been in markets across the USA with values in excess of $275MM. Finalized term sheets relating to acquisitions in excess of $50MM Tax Associate, 1/2012-10/2014 Berkowitz Pollack Brant, Miami, FL • Tax compliance for individuals, partnerships, and corporations; working extensively with multiple multi-national real estate development firms containing total development in excess of $5BB; usage of sophisticated tax strategies such as Percentage of Completion method and Interest Capitalization • Managed client relationship and tax compliance for Retail Property owner with investments in excess of $1BB; usage of new Tangible Property Tax laws and compliance for the sale of various properties with value of approximately $200MM • Consulted for High-Net worth individuals; especially with year-end tax planning strategies including preparation of year-end projection to analyze present year vs. prior year variances • Effectively and efficiently contacted and communicated with Client and Client representatives regarding financial transactions and tax issues • Compiled working papers using advanced Excel modeling to assist in the preparation of all tax returns VOLUNTEER WORK Member, Mayor of Miami Beach’s 41st Street Committee and Miami Beach G.O. Bond Oversight Committee Board Member, Israel and Overseas Committee at The Greater Miami Jewish Federation and Board Member, Greater Miami Jewish Federation Former Board Member, Treasurer, Beth Israel Congregation Graduate, Miami Beach Citizens Police Academy SKILLS Dynamic individual with strong communication, listening, and interpersonal skills Conversational Hebrew Proficient in CoStar, Yardi, Excel, Word, PowerPoint, Access, and MLS