As vice president, portfolio management, Michael Hoeffel helps manage the urban real estate portfolios of MacFarlane Partners’ clients. He serves as a client advocate within the firm and is involved in all matters related to client portfolios, including developing and implementing investment strategies, preparing management and financial reports, and monitoring investment performance relative to client risk/return objectives.Michael has 13 years of real estate experience, during which he has been involved in the sourcing, underwriting, acquisition, development, management and disposition of more than $7 billion in property assets. He previously oversaw the team that underwrites prospective urban investments undertaken by MacFarlane Partners, ensuring that due diligence tasks were completed within required time frames and helping to structure transactions with property sellers and/or joint-venture partners.Prior to joining MacFarlane Partners, Michael served as manager of analysis services for Property Capital, Inc., a real estate investment banking firm that specialized in raising equity capital for property owners and operators. There, he led the firm’s efforts to automate the investment underwriting process, working with a group of information-technology specialists.Michael began his real estate career with PriceWaterhouseCoopers, where he served first as a senior associate and then as a manager in the firm’s real estate advisory services group, which provided valuation and due diligence services for third-party commercial and residential property portfolios. Previously, he had worked for five years as a mergers-and-acquisitions consultant to the commercial banking industry.Michael holds a master’s degree in business administration from the Haas School of Business at the University of California, Berkeley, and a bachelor’s degree in business administration from Georgetown University. He is an associate member of the Urban Land Institute and a member of Berkeley Real Estate Associates. He is president of the board of trustees for Hearth Homes, a non-profit developer of affordable housing in the San Francisco Bay Area.201 Spear Street, 12th Floor San Francisco, CA 94105 415.356.2554 |