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Lori Korwek ThomasLT
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Lori Korwek Thomas

@lorikorwekthomas

I manage distressed commercial real estate portfolios, budgets, leases, and capital projects.

United States
Message

At Friedman Real Estate, I manage a 1.8-million-square-foot portfolio of distressed commercial real estate across the Chicagoland area, overseeing operations, tenant relations, maintenance, compliance, and client reporting.

I prepare annual budgets, forecasts, financial variance reports, expense reports, and cash-flow analyses to align property performance with client financial objectives. I also manage rent collection, billing, CAM and Triple Net reconciliations, rent rolls, occupancy reports, and lease requirements.

I streamline lease administration for abstractions, renewals, assignments, amendments, SNDAs, and estoppels while negotiating vendor agreements and coordinating repairs, inspections, tenant improvements, and capital projects. I develop operating plans for retail properties and provide portfolio reporting for clients, executives, lenders, and appraisers.

Experience

Work history, roles, and key accomplishments

FE
Current

Senior Property Manager

Friedman Real Estate

Nov 2022 - Present (3 years 10 months)

Managed a 1.8-million-square-foot portfolio of distressed commercial real estate, overseeing daily operations, tenant relations, financial performance, and compliance. Prepared budgets, forecasts, and variance analyses, and led lease administration and capital improvement projects.

Education

Degrees, certifications, and relevant coursework

Purdue University logoPU

Purdue University

Bachelor of Science, Business

Bachelor of Science in Business from Purdue University.

Tech stack

Software and tools used professionally

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