Janet Silverman Application PackageSilverman Janet NAME:
Last Name First Name Middle Initial
520 west ave miami beachHOME ADDRESS:
Apt No.Home No./Street City
fl 33139
State Zip Code
9177678508PHONE:
Home Work
jsilverman27@msn.com
Email Address
miami beach
Street
520 west ave
City
fl
State
33139
Zip Code
Address:
self Position:Business Name:investor and lender
Pursuant to City Code section 2-22(4) a and b: Members of agencies, boards, and committees shall be affiliated with the city; this
requirement shall be fulfilled in the following ways: a) an individual shall have been a resident of the city for a minimum of six
months; or b) an individual shall demonstrate ownership/interest for a minimum of six months in a business established in the city.
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Yes
South Beach
No
I am a financial professional with roughly 30 years of experience in lending, private equity, and real estate investing. i am a non
Please list your preferences in order of ranking [1] first choice [2] second choice, and [3] third choice. Please note that only three (3)
choices will be observed by the City Clerk’s Office. (Regular Boards of City)
Choice 1:
Choice 2:
Choice 3:
Budget Advisory Committee
General Obligation (G.O.) Bond Oversight Committee
Committee on the Homeless
No2. Present participation in Youth Center activities by your children
Note: If applying for Youth Advisory Board, please indicate your affiliation with the Scott Rakow Youth Center:
1. Past service on the Youth Center Advisory Board:
No Years of Service:
ages, and which programs. List below:
if yes, please list the names of your children, their
CITY OF MIAMI BEACH
BOARD AND COMMITTEE APPLICATION FORM
* Board members are required to file Form 1 – "Statement of Financial Interest" with the State.
If you seek appointment to a professional seat (e.g., lawyer, architect, etc.) on the Board of Adjustment, Design Review
Board, Historic Preservation Board or Planning Board, attach a copy of your currently-effectively license, and furnish the
following information:
Type of Professional License_______________________________ License Number
______________________________
License Issuance Date ___________________________________ License Expiration Date
_______________________
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NoƔHave you ever been convicted of a felony:If yes, please explain in detail:
ƔDo you currently have a violation(s) of City of Miami Beach codes:No If yes, please explain in detail:
ƔDo you currently owe the City of Miami Beach any money:No If yes, please explain in detail:
ƔAre you currently serving on any City Boards or Committees:No If yes, which board?
ƔWhat organizations in the City of Miami Beach do you currently hold membership in?
ƔList all properties owned or have an interest in, which are located within the City of Miami Beach:
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ƔI am now employed by the city of Miami Beach:No Which department?
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The following information is voluntary and is neither part of your application nor has any bearing on your consideration for appointment. It is
being asked to comply with federal equal opportunity reporting requirements.
FemaleGender:
Physically Challenged:No
White
Race/Ethnic Categories
What is your race? Mark one or more races to indicate what you consider yourself to be.
Other Description:
Are you Spanish/Hispanic/ Latino? Mark the "No" box if not Spanish / Hispanic / Latino.No
NOTE: If appointed, you will be required to follow certain laws which apply to city board/committee members.
These laws include, but are not limited to, the following:
o Prohibition from directly or indirectly lobbying city personnel (Miami Beach City Code section 2-459).
o Prohibition from contracting with the city (Miami-Dade County Code section 2-11.1).
o Prohibition from lobbying before board/committee you have served on for period of one year after leaving office (Miami
Beach Code section 2-26).
o Requirement to disclose certain financial interests and gifts (Miami-Dade County Code section 2-11.1).
(re: CMB Community Development Advisory Committee): prohibition, during tenure and for one year after leaving office,
from having any interest in or receiving any benefit from Community Development Block Grant funds for either yourself,
or those with whom you have business or immediate family ties (CFR 570.611).
Upon request, copies of these laws may be obtained from the City Clerk.
“I hereby attest to the accuracy and truthfulness of the application and have received, read and will abide by Chapter 2, Article
VII – of the City Code “Standards of Conduct for City Officers, Employees and Agency Members.”
I Janet Silverman agreed to the following terms on
Received in the City Clerk's Office by:
Name of Deputy Clerk
Control No.
Date
Janet Silverman
520 West Ave. #1402
Miami Beach, FL 33139
jsilverman27@msn.com
Employment:
2017-Present Salus Capital Investors, LLC – Sole Proprietor/Manager
• Generate, analyze and close residential real estate debt investments.
Underwrite and syndicate investments.
• Completed 17 1st mortgages with return +10%. ($200-500k per).
2011-2017 URS Capital Partners, LLC – Managing Partner
Multifamily Real Estate Investment
• Develop relationships with brokers, property managers and other
professionals in targeted markets to generate and close multifamily
investments. Primary strategy of value-add/repositioning.
• Underwrite opportunities, conduct due diligence. Raise debt and
equity capital for transactions. Actively manage investments to
improve returns. Design and manage renovations. Communicate
with investors on strategy, performance, tax implications, etc.
• Source, qualify and market firm to high net worth investors.
• Co-manage the partnership including strategic planning, hiring and
supervising staff, budgeting and management, tax planning/investor
K-1 management. Supervise on-site management teams.
• Prior to selling to my Partner, completed 7 transactions
encompassing roughly 2,000 units. Six properties have since been
sold with an average IRR of over 20% to investors.
2009-2010 Actor’s Garage – Consultant
Children’s Programming
• Assisted the Chief Executive Officer in developing a business plan
with a focus on improving profitability and long-term value.
• Prepared a detailed 5-year financial budget and business plan.
2007-2008 BlackRock Kelso Capital – Managing Director
Business Development Company Focused on Leveraged Lending
• Originated, underwrote, structured, executed and managed secured
loans. Focus on middle market companies.
• Utilized referral base to originate deals with a focus on creating an
opportunistic pipeline including stressed and distressed situations.
• Supervised, trained and mentored associates.
2001-2007 Cerberus Capital Management – Managing Director
Opportunistic Lending Firm
Janet Silverman
Page 2 of 3
• Originated, underwrote, structured, executed, managed and
syndicated financings across the capital structure with primary focus
on senior and junior secured loans. Investments included tougher
credits including highly leveraged, stressed and distressed situations.
• Analyzed business plans, strategy, industry and management team to
determine appropriate credit structure to minimize loan losses.
Negotiated, documented and closed investments. Managed
transactions through repayment.
• Referral sources include private equity sponsors, consultants and
advisors, brokers, investment banks and other lenders.
• Executed over $1billion of transactions for middle market and real
estate related companies.
1997-2001 GE Capital Corporation – Vice President, Merchant Banking
Lending Group Focused on Leveraged Finance
• Team leader responsible for underwriting/portfolio management
team. Trained and managed junior professionals from associates to
vice presidents (team of up to 10.)
• Managed portfolio of over $500 million of senior and junior secured
loans and equity investments in private equity backed middle market
companies.
• Performed business and financial analysis and structured
transactions. Prepared presentations on and recommended potential
transactions to senior management.
1989-1997 Bank of Montreal – Credit Training Program to Vice President
Media and Communications (1995-1997)/Real Estate Lending (1989-
1990) Groups
• Underwrote and managed portfolio of loan finance transactions.
Primarily senior secured debt.
• Relationship manager responsible for enhancing the bank’s position
and income as well as cross-selling bank products.
Special Asset Management Unit/Workout Group (1990-1995)
• Worked out to collection stressed and distressed syndicated loans
both in an agent and participant capacity. Assets primarily large
commercial real estate related (retail, office and residential).
• Managed complex negotiations and restructures and bankruptcies.
Through identifying common goals, worked with disparate parties to
execute workable solutions.
• Completed banks formal credit training program.
Janet Silverman
Page 3 of 3
1987-1989 Touche Ross and Company – Semi-Senior, Audit
Certified Public Accounting Firm
• Completed audits for clients primarily in the financial services
industry. Achieved CPA certification. Competency in accounting.
Education: Boston University, School of Management. BS/BA 1987. 3.7 GPA.
Interests: Pilates, cycling, tennis, travel, cooking, reading, poker and generally
enjoying the Miami Beach lifestyle.