MICHAEL P. DAMERI
Southboro
Summary
Dynamic Senior Real Estate Management and Operations Leader with over 15 years of experience driving exceptional performance in multifamily and mixed-use portfolios. Proven track record of enhancing net operating income (NOI), boosting occupancy rates, and streamlining operations while leading high-performing teams through disciplined management and innovative strategies. Expertise includes acquisitions, capital planning, construction oversight, and resident engagement, underscored by a strong commitment to delivering outstanding living experiences, fostering a vibrant community culture, and ensuring resident satisfaction.
Overview
16
16
years of professional experience
Work History
Chief Operating Officer
TEGRA PROPERTIES, LLC
2025.01 - Current
- Oversee a 250-unit mixed residential/commercial portfolio. Lead company operations, finance, and growth initiatives.
- Drove NOI through strategic revenue initiatives and AI-driven systems, reducing delinquency by 20%, and improving tenant quality — directly contributing to improved occupant satisfaction and portfolio reputation.
- Led cross-functional teams to raise maintenance standards, shorten unit turnaround time, and achieved customer service improvements.
- Strengthened organizational discipline and efficiency, positioning the company for 200% growth over five years.
- Drove improvements in maintenance, occupancy, vendor performance, and tenant quality, retention, and satisfaction.
Director of Maintenance and Logistics/Capital Projects Manager
GROMA, LLC
2023.01 - 2025.01
- Directed property operations for a $250M, 100+ building portfolio. Oversaw 50+ vendors and contractors in maintenance, logistics, and construction. Ensured compliance with procurement policy.
- Spearheaded 10 coordinated turnover teams to deliver 100 units in 28 hours during Boston’s 9/1 housing transition.
- Negotiated key vendor discounts (15%, $160K annual savings).
- Onboarded 150 new units within 18 months and managed 30+ vendor contracts, ensuring compliance and cost control.
- Led due diligence for 50 buildings in 10 months and managed construction scopes for $50M in new acquisitions.
- Developed bid processes and capital planning standards to ensure consistency across assets.
Director of Operations
SIMPLIFIED MANAGEMENT, INC.
2021.01 - 2023.01
- Directed all management operations across multiple investment portfolios and third-party management contracts.
- Created companywide policies and procedures, improving accountability and efficiency by setting short-term/long-term performance goals with direct reports.
- Promoted to lead role within 12 months for demonstrated leadership and results.
- Oversaw portfolio expansion from 150 to 650+ units in 18 months through disciplined acquisition and operational management while maintaining strong occupancy and retention.
Portfolio Manager
TOUCHSTONE APARTMENTS, LLC
2014.01 - 2021.01
- Senior Portfolio Manager
- Led acquisitions, renovations, and operations for a $40M, 250-unit portfolio across five cities.
- Drove occupancy from 84% to 100% within first year; increased revenues 34% in three years.
- Managed P&L and capital budgets; completed 32-unit rehab producing 18% returns by year two.
- Directed a $60K electrical upgrade through Mass Save incentives for under $3K cost.
Property Manager
Spear Management Group – Hathaway Farms
2010.01 - 2014.01
- Directed operations and fiscal performance of a 207-unit community; increased occupancy by 9% and rents by 22%. Managed $4M annual budget within 1–2% variance and achieved highest REAC score in company history.
- Managed tenant relations, ensuring timely communication and issue resolution.
- Oversaw property maintenance schedules, coordinating with vendors for efficient service delivery.
Education
Master of Business Administration -
Salve Regina University
Newport, RIBachelor of Science - Finance & Human Resource Management
Salve Regina University
Newport, RICPM Candidate -
Institute of Real Estate Management (IREM)
Skills
- Portfolio & Asset Management
- Budgeting & Forecasting
- Capital Projects and Construction Oversight
- Acquisitions & Due Diligence
- Resident Retention & Engagement
- Building Quality & Turnover Management
- Technology Integration (Yardi, AppFolio, Buildium)
- Vendor & Procurement Oversight
- Personnel Leadership and Development
- Operations management
- Cross-functional teamwork
- Financial management
Affiliations
- Real Estate Board Chairman, Jeff’s Place Grievance Center (2019–2022): Directed the acquisition, financing, and $150K renovation of new nonprofit headquarters.
- Member: IREM, NAA, NSC, RHA, and HCC – completed extensive certifications in Fair Housing, Business Ethics, Safety, and Compliance.
Timeline
Chief Operating Officer
TEGRA PROPERTIES, LLC
2025.01 - Current
Director of Maintenance and Logistics/Capital Projects Manager
GROMA, LLC
2023.01 - 2025.01
Director of Operations
SIMPLIFIED MANAGEMENT, INC.
2021.01 - 2023.01
Portfolio Manager
TOUCHSTONE APARTMENTS, LLC
2014.01 - 2021.01
Property Manager
Spear Management Group – Hathaway Farms
2010.01 - 2014.01
Master of Business Administration -
Salve Regina University
Bachelor of Science - Finance & Human Resource Management
Salve Regina University
CPM Candidate -
Institute of Real Estate Management (IREM)