JUSTIN B. KIVEL
jkivel@uci.edu
EDUCATION
University of California, Irvine, The Paul Merage School of Business, Irvine, CA
06/2016
Master of Business Administration, Real Estate & Finance
 Co-President – Merage Real Estate Association (2015-2016)
 Merage Fellow (awarded to top 10% of incoming class) | Elm Weingarten Fellow (Real Estate)
Marist College, Poughkeepsie, NY
05/2011
Bachelor of Science, Business Administration
 GPA 3.9/4.0
EXPERIENCE
Pacific Life, Newport Beach, CA
06/2015-09/2015
MBA Intern – Real Estate Investments
Re-created financial models and underwrote multi-family equity and debt investments for the Real Estate
Investments division of Pacific Life, which issues over $1.5B of commercial mortgages annually.
 Worked with team of analysts and directors to underwrite and analyze over $1B of prospective
debt and equity investments.
 Collaborated with analyst team to create new financial models for the firm’s debt investments,
eliminating macros while enhancing readability to allow senior level staff to view underwriting
documents on their tablet, smartphone, or other mobile device.
MIG Real Estate, Newport Beach, CA
01/2015-06/2015
MBA Intern – Acquisitions and Asset Management
Performed acquisitions underwriting and financial analysis for a $1.6B portfolio consisting of multifamily, office, hospitality, and retail assets across the western United States.
 Utilized Microsoft Excel and Argus Enterprise to underwrite over $800MM of multi-family and
office investment opportunities in the Denver, Austin, Dallas, Houston, and San Diego markets.
 Developed multi-family acquisitions ranking system for 20+ U.S. markets utilizing major
industry databases including Axiometrics, CoStar, PPR, and Moody’s.
LJ Kivel Holdings, Tucson, AZ
04/2012-06/2014
Associate Asset Manager (04/2013-06/2014)
Leasing & Operations Analyst (04/2012-03-2013)
Responsible for retail and multi-family asset management, lease analysis and negotiation, and
construction management for a $60M real estate investment portfolio.
 Finalized turnaround strategy of 900,000 SF power center by collaborating with partners to sign
leases with Walmart, Marshalls, PetSmart, and Mattress Firm to ultimately sell the asset for
$88.1MM, a 551% increase in value from appraised value six years prior.
 Sourced and hired property management team for 104-unit apartment complex, which led to a
239% increase in annual net operating income for the asset.
 Oversaw 4-person construction management team to deliver 33,500 SF retail building re-model
under budget ($500K) in less than 90 days from construction start date.
Teach For America, San Francisco, CA
06/2011-10/2011
Corps Member
Among the 10% of candidates selected from more than 47,000 applicants nationwide to join a national
teacher corps that provides teachers to under-resourced public schools.
 Developed curriculum and co-taught 14 preschool students during Summer Institute.



ADDITIONAL INFORMATION
NAIOP SoCal - Active Member (10/2014-Present)
REFM Real Estate Finance Bootcamp & Wall Street Prep DCF Modeling Course (01/2015)
ARGUS Training Course - UC Irvine (03/2015-04/2015)