Today’s business environment requires people who can adapt to constant changes—technological, economic, social, and even geographical. In that respect Kristi Perri has shown an uncommon ability to do that…and to thrive.
After graduating from SUNY Oswego with a BA in Psychology and a Minor in Business Administration, Kristi earned an MS in School Counseling from Long Island University and began her career in the public schools there. She worked with both older elementary school and high school students on typical counseling tasks such as course selection, peer problem solving, college prep, career development, and job placement. However Kristi also elected to work with high risk students in an alternative program for high school students that resulted in increased success for the students as demonstrated by both college and work placements.
When her family moved in order to accommodate her husband’s opportunities, Kristi used her skills, training, and energies to enter the business world as a Customer Care Representative and, ultimately, Manager for Government Contracts, USA in Albany, NY. She collaborated with the Human Resources department to recruit, hire, train, and manage customer care representatives for the highly detailed task of providing businesses with up to the minute information on a cross section of government bidding and procurement opportunities.
Included in her management assignment was the collection of outstanding receivables; Kristi responded by recovering $100,000 for the company in two months. The other skill areas that she demonstrated included staff counseling and retention, goal setting and monitoring, performance reporting, and HR policy development.
After the birth of her second child, Kristi began to work with her husband’s growing real estate development, management, and finance business where her prior experience, attention to detail, interpersonal and organizational skills are a good fit. She is responsible for a very successful on-line marketing campaign to rent newly renovated apartments that eliminated the need to pay outside brokers and enhanced the company’s profits.
Kristi was involved in all the steps–from screening and qualifying applicants to showing apartments to finalizing leases. She uses the most current software (AppFolio) to manage all aspects of this real estate management business. She controls all the accounts and ensures payments to utility companies, taxing authorities, insurance companies and other vendors. She prepares monthly packages of all revenues and expenses for submission to CPA’s and is responsible for alerting other company personnel to trends, problems, and opportunities.
The firm continues to acquire, rehabilitate, rent up, and manage multi-unit residential buildings and is about to embark on its largest rental project to date—an apartment community of 200 units.
Kristi also is in charge of many of the details in managing a related mortgage lending company; she uses Quickbooks to aid in mortgage servicing and is also responsible for the proper completion of all new mortgage origination documents and the provision of everything required for efficient and accurate real estate closings. She audits all required insurance policies to protect the company’s secured interests in the real estate assets.
All of this experience has come into play in Kristi’s most recent responsibility with ProVest Properties, LLC a real estate investment company that packages commercial real estate investments for investors through private placements. In conjunction with the principals of the company, she prepares comprehensive offering plans containing specific information on the asset, its location, market conditions, underlying leases, competitors, and financial details relative to both operating results and investor requirements.
Kristi handles all aspects of the Limited Liability Companies’ subscription process for new investors, tracks results and arranges distributions for existing investors, and manages the database. She is also the coordinator between the on-site management company and the investment group—handling all communications, financial reporting, and banking.
Her ability to continually refine her abilities, learn new but related aspects of the real estate business, and relate effectively with everyone from the smallest residential tenant to mortgage bankers with major interests in shopping plazas throughout the country has made Kristi a vital part of the management teams of these companies.