SALES & ACQUISITIONS
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RK’s acquisition and disposition personnel are in frequent contact with buyers and sellers of property. We maintain a strong cooperative relationship with the general brokerage community. The acquisition team’s approach to property selection involves evaluating the economic viability and growth potential of the geographic area and specific property in conjunction with evaluating the physical condition of the property and the feasibility of improvements and finally analyzing management strategies for substantially improving the property performance. By careful research, RK’s acquisition team has discovered “diamonds in the rough” located in stable markets that, through physical upgrading and strong management, have increased in growth and appreciation.
Daniel Swersky-Louw ..... Director of Acquisitions and Dispositions
Mr. Swersky-Louw joined RK Properties in February 2018 as an analyst and was promoted to Director of Acquisitions and Dispositions in mid-2020. His experience as an analyst provided valuable insight into the methodology deployed on each deal, from the initial underwriting phase to close of escrow. His responsibilities as Director include the sourcing, underwriting, and acquisition of multi-family assets across the United States as well as managing all efforts related to dispositions. He manages a team of highly skilled and experienced real estate professionals. Prior to joining RK Properties, Mr. Swersky-Louw worked at Cowley Real Estate Partners as an assistant development manager on various projects in Downtown Los Angeles. Mr. Swersky-Louw holds a Bachelor of Science degree in Finance from California State University, Long Beach.
Kris Yankasammy ..... Acquisitions and Dispositions /Finance Manager
Mr. Yankasammy joined the Property Management Department of RK Properties in 1999. He was recognized as one of the top Community Managers by the Apartment Association of Southern California and quickly rose to the position of Regional Supervisor. As Supervisor he was able to share his vast customer service skills with his team of community managers.
His computer knowledge helped the transition at ground level as RK Properties began expansion that made computer access at the property level a necessity. With the company’s adoption of the Yardi Property Management system, he became a leading force in manager training as well as assisting in tailoring the system to fit RK requirements. As a member of the property management’s due diligence team, he aided in the streamlining and computerization of the process, helping to provided sound and reasonable data on which acquisition decisions could be made.
In March 2005 Mr. Yankasammy joined the Sales and Acquisitions team. Initially he was tasked with expanding the market research, underwriting and due diligence process for new product acquisitions and dispositions. In 2007 he initiated the market and on the ground research that lead to the company’s expansion into Florida through the RK Opportunity Fund’s purchase of the distressed properties. While at RK Properties, he has been integral in the acquisition and disposition of $530,000,000 in multifamily real estate. He has also acquired and processed $200,000,000 in financing including twelve refinances in the past eighteen months that reduced the average mortgage payment by 35%.
Nick Tarantola ..... Acquisitions & Dispositions Analyst
Mr. Tarantola joined the RK Properties Acuisitions and Dispositions team in August of 2020. He primarily supports in the sourcing and underwriting of potential acquisitions and contributes to marketing and due diligence activities associated with dispositions. Prior to joining RK Properties, Mr. Tarantola worked as a financial analyst with Davlyn Investments & Property Management, where he was responsible for all reporting related to operating and financial performance across a portfolio of more than 2,000 multi-family units. Previously, Mr. Tarantola was as an associate with Hanley Investment Group, a retail brokerage, where he analyzed market trends and tenant information, and assisted in valuating commercial income property for dispositions. Mr. Tarantola is also a licensed real estate agent in California.
Mike Kochi ..... Acquisitions & Dispositions Assistant
Mr. Kochi has been with RK Properties for over ten years since August, 2006. He assists the various departments within the company with an emphasis on Accounting (document coordinating), Investor Relations (Quarterly Reports, Marketing correspondence) and Taxes (Investor K1’s). He graduated from California State University of Long Beach, with a Bachelor of Science degree in Business Administration and a Certificate in Japanese from Long Beach City College.