Erica S. Henning
3512 Winslow Green Drive
Charlotte, NC 28210
704-516-2959
erica.henning@gmail.com

FUNCTION

ACQUISITIONS AND DEVELOPMENT

  • Homebuilding and mixed-use development, including land acquisition/site assemblage, negotiation of contracts with land sellers and municipalities, obtaining development approvals, project financing and assisting in the pre-construction design process.

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA
Philadelphia, PA · 2001 - 2003
MBA; Real Estate and Finance

  • 1st place team member in Seevak Real Estate Research Competition, an annual student contest.
  • Admissions Committee Member, Vice President of Real Estate Club, Co-chair of Admissions Volunteer Committee, Co-chair of Wharton Welcome Weekend, Wharton-Omnicom Communication Program Fellow.

CORNELL UNIVERSITY
Ithaca, NY · 1996 - 1997
MPA; Public Administration

CORNELL UNIVERSITY
Ithaca, NY · 1992 - 1996
BA; History

EXPERIENCE

LANE COMPANY
Charlotte, NC · 2007 - 2008
Development Manager, Carolinas Division

  • Responsible for day-to-day development activities in Carolinas division for full-service multifamily real estate company. Coordinated preparation of comprehensive deal-specific investment memoranda, including financial proformas and market analyses, for presentation to Investment Committee. Assisted in development of site plans and preliminary architectural drawings for developments ranging from garden apartment communities to urban infill mixed-use projects.
  • Key Achievements:
  • Participated in site acquisition activities in Carolinas and Richmond/Tidewater regions of Virginia with transaction value over $24.0 million and projected development costs over $182.0 million.
  • Launched effort resulting in successful identification and introduction of two capital sources.

HERITAGE BUILDING GROUP, INC.
Jamison, PA · 2005 - 2007
Vice President, Land Operations

  • Led large redevelopment project consisting of 1,200 homes, 350,000 SF of commercial space, nature preserve, affordable housing and remediation of contaminated sites for regional real estate developer. Formulated and executed strategy in areas such as: site assemblage, receipt of entitlements and sewer/water utilities, land planning, project financing and public relations. Managed relationship with engineers, land planners, attorneys, analysts, elected officials, community groups and press.
  • Key Achievements:
  • Spearheaded RFP (Request for Proposal) process that culminated in township\'s selection of company as its Redeveloper.
  • Successfully negotiated Redevelopment Agreement with township, despite opposition from 20% of Township Committee.
  • Directed land acquisition activities resulting in control of seven properties with transaction value of $17.0 million.
  • Effectively delivered public presentations and initiated press opportunities resulting in support of statewide elected officials and local community groups for redevelopment project.

K. HOVNANIAN COMPANIES, INC.
Edison, NJ · 2003 - 2005
Land Acquisition Manager

  • Identified sites, evaluated feasibility, directed studies and presented potential land acquisitions to senior management of publicly traded homebuilder. Projects under consideration ranged from greenfield development to urban infill high-rise construction with maximum acquisition value of $80.0 million. Monitored, trained and mentored three junior analysts in their preparation of financial proformas, comparable community analyses and vacant land searches.
  • Key Achievements:
  • Conceived strategy and negotiated term sheets for town home community with transaction value of $16.0 million and Active Adult mid-rise project with transaction value of $8.5 million.
  • Earned placement in Leadership Development Program for high-potential associates.

THCG, INC.
New York, NY · 1999 - 2000
Associate

  • Provided venture capital and business development services to early-stage companies in high-growth industries. Prepared investment memoranda, performed financial analyses and conducted due diligence.
  • Key Achievements:
  • Participated in analyses resulting in aggregate firm investments of over $15.0 million.

PRICEWATERHOUSECOOPERS
New York, NY · 1997 - 1999
Associate Consultant, Financial Advisory Services Group

  • Assisted underperforming companies on behalf of company management or creditors. Provided analytical and investigative services to law firms navigating complex financial disputes.
  • Key Achievements:
  • Created model to liquidate power company and calculate money owed to/from trading partners.

ADDITIONAL INFORMATION

Club Membership: MBA

Interests:

  • Acquisitions
  • Advisory/Consulting
  • Asset Management
  • Development

Alumni Interviewer, The Wharton School; Wharton and Penn Liaison, Wharton Club of Charlotte; Member, Strategic Planning Committee, Community Link (nonprofit assisting working poor individuals obtain housing); Past member of Board of Directors, Dress for Success, New York; Past Executive Director, StreetWise Partners, Inc. (nonprofit providing job skills to low income individuals); Member, Urban Land Institute


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