Nick Vandermark

Experience

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  Publix Super Markets

  May 2013 - Jul 2013

  Real Estate Strategy Intern

  Top Grocer in Florida and Storied Brand• Utilized ARGUS to compare financial performance of expansion versus rebuild projects to assist leadership in determining long term real estate strategy in seven states• Assisted real estate managers in streamlining new site selection process, from initial developer submission to demographic and financial analysis

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  Bealls

  Aug 2013 - Apr 2014

  Real Estate Analyst

  Top Regional Clothing Retailer in Florida and a Storied 100-Year Old Brand• Reviewed markets of interest for new, relocation, and expanding stores to develop and implement long term strategy for chain store growth in 16 states • Established advanced methods for creating departmental synergies through process improvement, including building analytical apps for demographic analysis during manager site visits• Built and implemented new models in Alteryx to determine sister store correlation, strategic real estate decision making through NPV and IRR, and statistical store grouping for advanced store forecasting Show less

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  Element National Management / El-Ad Group

  Apr 2014 - Jun 2015

  Senior Financial Analyst / Asset Manager

  Top Owner/Developer of Multifamily Housing Projects• Underwrote 4,000+ apartment units for potential purchase totaling over $500MM; analyses included waterfall/promote financial modeling to determine IRR in multiple joint venture scenarios• Monitored 2,000+ value-add units in multiple regions to ensure monthly NOI and cash-on-cash targets were achieved while implementing new methods for renovations with immediate positive cash flow impacts

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  Office Depot

  Jun 2015 - Oct 2016

  Sr. Analyst, Construction/Facilities Systems

  Top Retailer in Florida and a Storied Fortune-500 Brand• Consolidated multiple systems used for real estate facilities management of 1,900+ site locations into one platform, allowing for better expense control and reporting for decision makers• Managed facilities maintenance of growing ‘Dark’ location portfolio to ensure operational and property expense targets are met• Implemented new reporting methodologies for internal score cards of corporate vendors and trade analysts to provide optimal monthly spend forecasting on enterprise portfolio Show less

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  The Viera Company (A. Duda & Sons)

  Nov 2016 - Mar 2022

  Development Capital Planning / Financial Analyst

  Top-25 Master Planned Community of Viera, FL• Collaborated with division leaders to develop the annual Five-Year Strategic Plan for the master planned community, forecasting lot sales, homebuilding revenues, and master/phase development costs to project annual cash flows• Supported leadership in land use planning, conducting density studies, tracking entitlements, and developing land use maps to guide strategic decision-making• Managed the project cost allocation model, developing new methodologies to distribute costs equitably among community sectors and revenue centers• Assisted in planning and issuing Special District Assessment Revenue Bonds to secure funding for the development of new communities and future villages• Summarized project development cost changes and developed plan for future revenue expectations in key commercial areas, providing a comprehensive annual assessment of project valuation Show less

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  Forestar Group Inc.

  Mar 2022 - Jun 2022

  Director of Financial Planning and Analysis - Florida Region

  Top National Publicly Traded Pure-Play Lot Developer• Oversaw monthly budgeting and quarterly project-level forecasting for 70+ active land development projects in the Florida Region• Reviewed completed submissions for new acquisitions, development spending requests, ROFO pricing adjustments, and CDD financing packages• Updated and monitored inventory allocation model to align approximately $600MM of capital allocations with market level opportunities within Florida

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  Vandermark Consulting, LLC

  Jun 2022 - now

  Principal

  Consulting Company Focused on Providing Real Estate Underwriting Tools and Technologies for the Small and Mid-Sized Developer/Owner

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  Minto Communities USA

  Nov 2023 - now

  Finance Manager

  Top Private Homebuilder Building Latitude Margaritaville Branded Resort-Style Master Planned Communities• Spearheaded revamp of land acquisition, lot development, and homebuilding underwriting model to include additional feasibility metrics, more robust modeling tools, along with joint venture modeling capabilities• Utilized revamped underwriting model to run feasibility analyses on approximately $200MM of raw land leading to contract• Modeled development cash flows for quarterly financial updates utilizing Excel and LandDev based tools• Developed new model for tracking of HOA Deficit Funding for existing and new projects Show less