Preston Underdown

Director of Development

Name variants:
Preston Underdown
Last updated Jun 12, 2024

Contact Information

Last Update
Jul 9, 2022
Email
pr**@hotmail.com
Location
Laguna Beach, CA

Workplace

The Richman Group
Director of Development

Industry

Real Estate

Work History

Director of Development

Responsible for managing Richman’s California pipeline throughout all phases of the development life cycle. Currently overseeing $500M in multi-family development projects in California.
from Jan 2014

Vice President, Acquisitions

As Vice President of RNT Capital Management, LLC, a real estate hedge fund with $450 million of committed institutional capital, was responsible for sourcing, pricing and managing a national...
May 2012 — Aug 2013

Asset Manager

200 south Biscayne Boulevard Way SUITE 3550, Miami, FL 33131
Organized and led teams in the management of a diverse Southern California real estate portfolio across all property types, including single family homes, apartments, retail, office, and sen...
Jun 2011 — May 2012

Vice President, Principal

15707 Rockfield Blvd SUITE 115, Irvine, CA 92618
Managed the distressed real estate property lifecycle for the nation’s largest financial institutions. Led the acquisition team and underwriting efforts to purchase distressed real estate as...
Oct 2008 — Oct 2010

Project Manager

700 northwest 107Th Ave, Miami, FL 33172
Managed the land development of a $42 million, 340-unit residential project in Escondido, CA. Prepared budgets, schedules, contracts, and managed consultants to meet deadlines and profit req...
May 2008 — Sep 2008

Project Manager

Sourced, underwrote, and managed urban infill residential projects throughout Southern California.
May 2007 — Oct 2007

Finance Manager

700 northwest 107Th Ave, Miami, FL 33172
Prepared financial valuations for urban infill, high-rise, mixed-use developments while supporting acquisitions and project management throughout all phases of the real estate development cy...
Aug 2005 — May 2007

Senior Analyst

Developed financial models and business valuations for clients involved in mergers, acquisitions, restructurings, and private equity infusions. Performed transaction due diligence on behalf ...
Nov 2003 — Jan 2005

Management Analyst

Developed business and financial strategies for clients. Constructed an integrated cost model to conduct economic and financial analysis for the Navy’s information technology network.
2002 — 2003

Education

2000 — 2002
1996 — 2000

Occupations

Executive
Development Director
Real Estate Broker
Licensed Real Estate Broker
Vice President
HR Manager
Property Manager
Real Estate Manager
Chief Executive

Skills

Due Diligence
Financial Modeling
Strategy
Real Estate Development
Real Estate
Valuation
Investments
Mergers and Acquisitions
Management
Finance
Financial Analysis
Contract Negotiation
Portfolio Management
Dispositions
Acquisitions
Investment Properties
Project Management
Private Equity
Budgets
Real Estate Economics
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