Over his 15 year career in multifamily property management, Mr. Magnelli has been responsible for overseeing over $750 million in multifamily assets (both student housing and market rate apartments). Mr. Magnelli spent 4 years as Sr. Regional Manager of a National Student Housing Company. Mr. Magnelli oversaw asset and property management for 7 student housing properties located throughout the Mid-Atlantic and Southeastern U.S. These properties have a total asset value of $400 million. In addition, Mr. Magnelli supervised and managed the renovation of most of these properties. Average occupancy of his property portfolio was 98%+, delinquency at an average of under 1.4% and NOI ranked at the top of the overall portfolio. Prior to his position at Campus First Student Living as VP of Student Housing Mr. Magnelli was Principal and VP of Asset Management at MultiVersity Housing Partners. During that time he closely oversaw all aspects of a Student Housing Portfolio while also working on Acquisitions and Business Development. Mr. Magnelli has extensive expertise in budgeting, due diligence, acquisitions, training, revenue management, renovation management and oversight. Mr. Magnelli currently works on acquisitions and provides close Asset Management for Campus Firsts student housing portfolio. Mr. Magnelli has assisted in closing and securing equity for over $300 Million in acquisitions.