Professional ExperienceAlen Arutyunyan specializes as a Senior Global Portfolio Manager for the Bay/Hammerstein/Bender team and is responsible for managing a commercial office portfolio of over 20 million square feet. He provides portfolio clients with a wide range of real estate and economic consulting services including fully customizable financial modeling and custom built dashboards for enhanced analysis. Alen is highly adept at identifying opportunistic lease extensions, renewals and terminations for review with executive management and tenants.
Prior to joining CBRE, Mr. Arutyunyan worked as a Real Estate Senior Financial Analyst on a global level for one of the largest insurance groups in the industry. His responsibilities included setting budgets, producing cash flows and financial statements to track and ensure that real estate portfolios were prospering. He also forecasted operating expenses, liaised with over 15 different business unit budget representatives, securing investment incomes and making certain that operating expense budgets were in line with company objectives.
In addition, Alen also worked as an Asset Manager at a multi-family real estate investment firm where he conducted high level market analysis and researched potential acquisitions through NPV, IRR, GRM, Discounted Cash Flow, Break Even calculations and developed pro-forma based on market and operating trends. He worked closely with investors in determining their financial goals, investment strategies and at owner’s discretion, the marketing and leasing of multi-family vacancies, tenant screening, tours for prospective tenants, lease negotiations, lease renewals and early lease terminations.