Hi, I'm Michael Alex. Welcome to my profile!
Michael Alex's Bio:
With a wide background in construction and property development, as well as formal schooling at the University of Wisconsin Madison, Michael Alex specializes in finding value in real estate through current market conditions and re-development.
Michael Alex's Experience:
Undergraduate Member at UW REAL ESTATE CLUBSeptember 2005 - December 2008
Participation in weekly meetings with keynote speakers from the field, discussing various aspects of the Real Estate industry from financial REITs, to national and local development, to government planners. Also, I took part in various daytrips to meet with local developers on-site. SELF STORAGE ASSOCIATION - Wisconsin Associate Member, 2007-Present. Site representative in the SSA which has seminars and workshops for owners and operators to get the latest news and trends in the industry locally and nationally.
Real Estate Undergrad at Grasskamp Center-UW MadisonSeptember 2005 - December 2008
REAL ESTATE CLASSES Real Estate Valuation- 3 Part Appraisal Real Estate Finance- Feasibility Analysis Real Estate Law- General Topics including Title, Zoning, Acquisition & Sale Real Estate Development- Commercial and Residential site development analysis based on financing options and market feasibility including market rate units as well as Section 42 housing. ENGINEERING CLASSES Civil Engineering Graphics - Use of AutoCAD for site and building development Field Observation- Interaction with and observation of professions on the WID/MIR project on the UW-Madison campus. (General Contractors - Mortenson & Findorff) Construction Systems- Survey Course of building systems and construction with an emphasis on sustainability and LEED techniques (Marshal Erdmann & Associates Instructor) Project Management- Seminar course on the keys to being a strong project manager and deliver a quality project. Use of Microsoft Project software. Clubs & Associations
Project Manger at Paredigm LLCMay 2006 - June 2008
Realtor at Realty ExecutivesSeptember 2009
As a full-time, full service realtor I provide services for others to buy/sell, locate, and negotiate real estate transactions whether residential, commercial, or investment properties.
Paredigm LLC at GENERAL CONTRACTING & PROJECT MANAGEMENTJanuary 2006
Oversight of a total of $1.7 million dollars of development and general contracting work Establish and maintain project schedule with critical tasks using Microsoft Project. Daily on-site management of project dealing with subcontractors, building inspectors & material vendors PROPERTY MANAGEMENT (2007-PRESENT) Manage mixed use commercial properties: Manage approximately 60,000SF of residential, commercial, warehousing and retail real estate Perform bookkeeping and manage finances of payments and building expenses with gross annual rents of approximately $175,000 and operating budgets of approximately $67,000. Annually Establish and Reconclie Triple Net Leases Oversee individual unit buildouts and development Tenant Relations and Marketing Respond to tenant requests and maintain relationship for continued occupancy Individual lease negotiations - Gross Monthly Income increased from $3,500 to $9,000 at mixed-use site with new multi-year terms, utilizing annual percentage increases, triple net terms and options. Marketing of Site both on-site and in publication resulting in 100% occupancy Development of site website: paredigm.net PERSONAL RESIDENTIAL INVESTMENT (2009) Purchase of Short Sale personal residence as investment opportunity Complete gut and remodel of premesis with work including updated bath, kitchen, electrical and plumbing systems. Net investment of $15,000, resulting in approximately $35,000 in increased property value Further development planned to result in net project profit of $50,000-$60,000
Trustee at DIVINE SHEPHERD LUTHERAN CHURCHJanuary 2008
Board member, taking part in future site planning as well as scheduled maintenance
PROPERTY & SITE DEVELOPMENT at Paredigm LLCJanuary 2006
Prepare proformas and financial projections for various income producing mixed use commercial properties. Use of Discounted Cash Flow and Income Approaches to determine necessary rents and break even points for new and existing development opportunities Economic and Demographic feasibility analysis Site Layout and design based on highest and best use. Development of Business, Site and Operations Plans for municipal review board Demographic as well as Psychographic research Presentation preparation and delivery of proposed site uses for municipalities and investors. Appraisals utilizing (1) Cost Approach (2) Income Approach (Direct Cap & Discounted Cash Flows) (3) Sales Comparison Approach
Project/Site Manager at Paredigm LLCJanuary 2005
Michael Alex's Education:
University of Wisconsin-Madison2004 – 2008BA-English
MARTIN LUTHER HIGH SCHOOLGraduatedConcentration: 2004
UNIVERSITY OF WISCONSIN-MADISONBAConcentration: English (Real Estate & Engineering)
Michael Alex's Interests & Activities:
Sports, UW, Badgers, Golf, Football, Basketball, Hockey, Soccer