Archive for September, 2013

Did You Know? Argus Tips & Tricks

Did you know that only one reimbursement method can be modeled at a time for a given Suite/Tenant in Argus? If a tenant’s reimbursement method changes over the course of their term (for example, a base year figure is reset or a tenant goes from paying a PRS of CAM to fixed CAM), an “option” must be created or a Suite must be reabsorbed and re-entered using the new reimbursement method.

Job Hunting Tip #7: Add Numbers to your Resume

If you are applying for a financial analyst position and have prior analyst experience, make sure that your resume outlines your experience by stating lots of numbers. Here are a few examples of how to improve your resume:

Before: Worked on a JV condominium project in the suburbs of Atlanta.

After: Secured $12 million of joint venture development equity for a 410-unit condominium project in a revitalizing sub market.

Before: Was involved in a mezzanine loan package for an Atlanta medical office building.

After: Structured $25 million mezzanine and construction loan package for a 165,000 square foot medical office tower.

The more numbers in your resume, the better…especially if you are applying for a financial analyst or acquisitions position.

Leave the Fish at Home

One thing I absolutely despise is shaking somebody’s hand and feeling like I just grabbed a wet fish! A handshake is critically important to make a strong first impression. Don’t grab the person’s finger tips…it isn’t a thumb war. Make sure that you grab the entire hand and firmly squeeze (I recommend having your hand more on top than the other person’s hand). If you have sweaty palms, wipe them before extending your hand. And absolutely, positively, don’t cough, sneeze or pick your nose during your meeting and then shake hands when you say goodbye!

Job Hunting Tip #6: Horologist Should Take Time to Redo His Resume!

I received a resume this week from a candidate who was applying for an Associate Acquisition position. Although the candidate received an undergraduate degree from a top 20 school and had some excellent work experience, his resume was so poorly formatted that there is a greatly likelihood that he needs help getting dressed in the morning! Within the same bullet point there were multiple font sizes and nothing was properly aligned.

Perhaps a clue to this person’s oddity was that his resume included his hobby of “horology,” which for those of you who might not know, is the art of designing and making clocks. This person would benefit greatly to take the time (pun intended) to work on his resume. Given that his other hobbies include poetry, agriculture, and horse racing (all of which have absolutely nothing to do with applying for a real estate position other than perhaps the manure he is shoveling) and coupled with the fact that my family includes many college professors who also have some odd hobbies like metal detecting and ghost hunting, I would imagine that this person might be a terrific candidate to work on his doctorate and join a prestigious university’s faculty!