Steve Okuno, CAPM

Experience

• 

  Nakano International Corporation

  Feb 1989 - Dec 2013

  Manager (Senior)

  Asset Management ►Assessed real estate investments to determine their financial performance and viability►Managed and overseen commercial properties, retail & some residential,►Monitored the performance of property vendors and taken the necessary corrective actions to ensure optimum level of performance,►Identified maintenance and repair work to be done,►Monitored tenant improvements or capital work done and reported progress to President and Overseas Director,►Developed long-term strategies and business plans for the company’s portfolio of properties,►Operational advisory, developing budgets and performance monitoring of properties,►Executed sales deals, managed teams of external consultants (law firms, brokers, engineering, construction, etc.), negotiations,►Reviewed and assisted in approval of sales, purchase and Joint venture documents prepared by external lawyers,►Negotiated land purchases and lease renewal transactions,►Reviewed and approved Tenant Improvement Allowance applications for store renovations, ensuring compliance with AIA G702 standards and financial guidelines.►Administered/audited the partnership investment returns using the Waterfall Framework as per Joint Venture documentationCorporate Functions►Preliminary screening and due diligence, financial modeling, valuation of new investment opportunities, ►Organizing and facilitating various work streams to follow-up and integrate company action plans and decisions,►Worked in multidisciplinary real estate projects►Participation in negotiations with joint venture partners in real estate investment projects,►Administered focus on real estate (development and investments) commercial office, housing and retail►Prepared A/P and A/R accounting. Show less

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  99 Cents Only Stores

  May 2016 - Jun 2024

  99 Cents Only Stores, LLC | Tustin and City of Commerce, California (2016–2024)Property Accountant / Lease Administrator* Directed property accountancy, lease review, budgeting, and CAM reconciliations for 129 retail locations across four states.* Spearheaded cost-saving strategies that significantly reduced annual operating costs.Implemented TANGO Property Management Software, improving real estate management and operations.* Provided expertise to the real estate team, training members and enhancing departmental efficiency.* Led emergency management efforts during Hurricane Harvey, coordinating with stakeholders, landlords, and construction teams for the restoration of 10–14 affected stores.* Negotiated rent abatements or temporary reductions for stores impacted by COVID-19, formalized through lease amendments or side letters.* Reviewed and approved Tenant Improvement Allowance applications as per lease requirements for warehouse and retail outlets.* Coached and trained team members in the Real Estate department. Show less

  • Lease Administrator

    Jun 2016 - Jun 2024

  • Property Acountant

    May 2016 - Jun 2024

  • Property Acountant

    May 2016 - Jun 2024