Thom Jesse
@thomjesse
Dynamic multifamily property management executive with 26+ years of experience.
What I'm looking for
I am a dynamic and results-driven property management executive with over 26 years of progressive leadership in multifamily and affordable housing operations. I have a proven track record of successfully managing multi-state portfolios of over 5,000 units across various platforms, including HUD, LIHTC, and conventional housing. My expertise lies in driving asset performance, executing lease-ups, ensuring regulatory compliance, and leading operational turnarounds.
Throughout my career, I have been recognized for my high-impact leadership and strategic planning abilities. I have consistently delivered measurable results that increase occupancy, maximize net operating income (NOI), and sustain long-term asset value. I am adept at team development, financial forecasting, and navigating complex agency requirements, which has enabled me to recover significant revenue and improve compliance performance across the portfolios I manage.
As I seek a Vice President role, I am eager to scale operational excellence and lead growth initiatives within a high-performing organization. My commitment to enhancing client relations, optimizing portfolio performance, and fostering talent development positions me as a valuable asset to any team.
Experience
Work history, roles, and key accomplishments
Director of Property Management
TESCO Properties
May 2024 - Mar 2025 (10 months)
Oversaw 60 multifamily communities across multiple states, including HUD and LIHTC portfolios. Directed six Regional Managers and 9250+ units with full accountability for compliance, staffing, financial health, and capital planning. Achieved portfolio-wide compliance by implementing strategic EIV corrections and authoring HOTMA- compliant Tenant Selection Plans.
Vice President, Affordable Housing
SPM, LLC
Sep 2023 - May 2024 (8 months)
Directed a seven-state portfolio of HUD 202, PRAC, and LIHTC communities. Streamlined financial operations, enhanced compliance performance, and led transition planning for new property acquisitions. Secured 19 overdue budget-based rent increases and six OCAF adjustments within four months.
Regional VP / HUD & 504 Coordinator
United Apartment Group
Sep 2006 - Sep 2023 (17 years)
Directed operations for 94 affordable and conventional communities in nine states. Managed 120+ staff across compliance, operations, and capital improvements. Increased NOI by 11% and reduced operating expenses by 18% through contract renegotiation and procurement systems.
VP, Trust Real Estate & Asset Management
BNY Mellon / Wells Fargo
Jan 1996 - Dec 2006 (10 years 11 months)
Managed a $900M real estate trust portfolio, including commercial, retail, and land leases. Negotiated high-value deals, led capital projects, and ensured SEC compliance across five states. Closed $50M Boeing lease deal and increased revenue by 15% via strategic asset repositioning.
Education
Degrees, certifications, and relevant coursework
Thom hasn't added their education
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