Multifamily Asset Managers
BUSINESS AND TECHNICAL EXPERIENCE
Mr. Long has over 15 years experience in the affordable multifamily housing industry. He is a Vice President at MAM and works closely with Lucie Du to help develop new business for the organization.
Mr. Long is also a member of the quality control team of MAM. He reviews contract renewals and rent adjustments processed by analysts for PMAM and MMAM to ensure accuracy and timeliness of the final results. He also provides his expertise to owners and management agents on Section 8 contract renewals and rent adjustment submissions. In a previous position, Mr. Long was the Manager of Contract Renewals and Rent Adjustments for the Pennsylvania portfolio under PMAM. He was responsible for overseeing all Section 8 contract renewals and reviewing owner's request for rent adjustments under the following methods: Budget Based, Operating Cost Adjustment Factor, Annual Adjustment Factor, Mark Up to Market and Special AAF rent adjustments. He also conducted seminars on this subject at housing industry meetings and workshops.
Prior to joining MAM, Mr. Long was an asset manager for Apartment Investment and Management Company (AIMCO). In this position he analyzed the potential benefits of property sales of multifamily assets, created cash flow projection models for affordable properties including those with Section 8 contracts, built pro formas to analyze multiple properties to determine ongoing asset financial positions, and created and maintained marketing materials for affordable housing portfolio.
Prior to working at AIMCO, Mr. Long worked for the National Housing Partnership (NHP) overseeing accounts payable, accounts receivable, and cash management for over 800 partnerships and syndications. He also managed partnership funding and recoveries.
AA General Studies, Charles County Community College, 1992
BA Finance, University of Maryland, 2007