Andrew Haley

Experience

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  LH Investments

  Jan 1997 - Jul 2012

  Owner / Builder / Operator

  Owner, builder, and manager of a million dollar retail chain operating as many as six locations.Direct all operations, managing over 25 employees. Responsible for all business requirements for day-to-day operation. Develop and implement strategic marketing plans, establish marketing and sales objectives and prepare company wide sales forecasts. Recruit, train and cultivate sales and service staff. Design work schedules and conducted both sales and service seminars. Oversee all pricing decisions and perform monthly financial evaluation of company results. Show less

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  GMAC REO Subservicing / Advent REO

  May 2008 - Jul 2010

  REO Asset Manager

  Operated as REO Asset Manager, personally responsible for a portfolio of over 350 properties annually with sales topping $40 Million.Asset Manager of bank owned real estate, managing in excess of 125 properties monthly from eviction to resale. Interviewed, selected, and established productive relationships nationwide with realtors, preservation companies, and contractors to successfully manage each property with a constant eye on detail and the bottom-line.

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  Pontus Capital

  Nov 2010 - Jul 2024

  Vice President of Portfolio Management Private Equity, Investment Management: Commercial and Residential Real Estate and Loans - Pontus Capital - La Jolla, CAVice President of Portfolio Management. Provide executive leadership to maximize investment performance. Creating value through innovation and creativity, while implementing and adhering to strict Government - Regulatory guidelines. Effective in understanding and executing corporate vision, strategy and culture. Utilizing varied experience ranging from low value residential debt to high value commercial real estate, resulting in growth, exceeding expectations, and delivering overall success. Provide detailed investor reporting, P&L oversight, and vendor fee management on real estate secured investment vehicles. Cultivating fruitful relationships with institutional and private investors, lenders and industry leaders. Key Achievements:• Entrusted with management of a nationwide portfolio of over 140 commercial properties as well as various residential loan portfolios with overall valuations exceeding 400MM.• Responsible for generating a 20% increase in monthly mortgage payment collections resulting in better than projected monthly cash flow and increase in overall value of assets under management.• Restructured employee workflow processes dramatically increasing efficiency, significantly reducing timelines by 30%, resulting in increased portfolio performance and a decrease in operational costs. Show less Director of Residential Real Estate Loan / REO Department responsible for the valuation, management and disposition of all corporately owned assets.Andrew excelled in an integral role with a private equity real estate secured investment firm dealing in non-performing debt. Achieved maximum value extraction from investments by personally overseeing portfolio acquisitions, evaluations and the development of loan level strategies. Spearheaded the implementation of workflow management systems and vendor servicing. Areas of Expertise• Property/Note Acquisition and Disposition: Implemented creative solutions to asset acquisition and disposition including: Traditional Sale, Short Sale, Deed in Lieu, Foreclosure, and Loan Modification.• Default Servicing: Detailed analysis of borrower performance utilizing payment history and credit worthiness to determine a move forward strategy. Third party vendor oversight of payments, payoffs and settlements.• Legal: Oversight of nationwide attorney network directly responsible for referrals, Foreclosures, Deed in Lieu and chain of title documents such as various deeds, assignments and allonges. • Property Tax: State and Federal tax payments, reassessments, tax liens, tax sales, IRS tax liens, Federal Tax lien right of redemption. • Title Curative: Liens, Judgments, UCC filings, HOA liens, Mechanics liens, City Utility liens, Lien release negotiations.• Property Repairs: Investment to return evaluations, Contractor negotiations, Renovation project oversight from inception to completion. • Insurance: Forced placed insurance, insurance claims, claim negotiations, filings, and the accumulating of critical details for successful claim packages.• Technology: Implementation of technology to increase productivity and accuracy of reporting including Equator, BOX.net, cloud computing services, networking, filing of critical data, network accessibility. Show less

  • Senior Vice President

    Jun 2023 - Jul 2024

  • Vice President

    Aug 2015 - Jun 2023

  • Director Of Portfolio Management

    Nov 2010 - Aug 2015
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  Red Mountain Group

  Jul 2024 - now

  Vice President of Asset Management