Michael W. Flannagan

- Core Competencies -
Real Estate Development and Underwriting • Financial Management • Planning & Modeling • Government Proposal/Competitive Application Development • Contract Pricing & Negotiation • Sales Force Development • Neighborhood Stabilization Program Contracting •

Michael Flannagan brings over 18 years of expertise in real estate development and underwriting for his own companies as well as nationally and regionally prominent companies, including Bank of America and Toll Brothers, Inc. Mr. Flannagan is an exceptionally driven high achiever, contributing to the startup, growth, and profitability of companies through his talents in the areas of underwriting, sales, sales force development and financial management.

As the President of Virginia One Development, LLC, In addition to managing VOD's own portfolio of ground up development Multi Family communities. Mr. Flannagan assists investors in analyzing and pursuing real estate investment opportunities. Mr. Flannagan aids investors in developing pro forma forecasting and financial modeling for large commercial real estate transactions. Mr. Flannagan also develops government funding strategies for investors and assists in the development, submission and negotiation of government proposals. In the past two years alone Mr. Flannagan has written and submitted complex and time-sensitive proposals for millions of dollars in Neighborhood Stabilization Program (NSP) and 9% competitive tax credits (LIHTC) money in Atlanta, GA. Through these efforts, Mr. Flannagan has gained great knowledge of the NSP statutory scheme and HUD guidance in pursuit of advocating for affordable housing and defending the use of NSP funds on behalf of investors and local Governments.

As the President of Virginia One Mortgage Corporation, Mr. Flannagan spearheaded the growth and strategic direction of the real estate brokerage company, structured investment deals and held full P&L responsibility for the company. Mr. Flannagan was responsible for all aspects of the business, including forming and rapidly implementing a business plan, securing office space and hiring, training, and managing a high-performance sales team of ten people. Mr. Flannagan's success in this venture was founded upon repeatedly driving revenue, capturing new opportunities, negotiating new alliances and forging private and public sector partnerships.

Previously, as Sales Manager for Westminster Mortgage Corporation, a Toll Brothers Mortgage Company, Mr. Flannagan established and managed all aspects of the sales, business development and deal structuring activities of the company. This position required execution of business analysis, budget planning, risk and benefit assessments and mitigation strategies integral to the company's success. In this role, Mr. Flannagan grew the company's loan pipeline by $55 million within seven months. His contributions earned him the rank of “Top Loan Officer” for the firm, a record he held for 18 months after his departure from the company. The increase in volume from Mr. Flannagan's contributions also resulted in the recruitment of additional senior executives to manage the resulting growth.

Mr. Flannagan holds a certification from the Harvard Business School in Pro Forma Forecasting and Financial Modeling. He is also trained in the application process of New Market Tax Credits (NMTC) for mixed use/multi-family communities. Mr. Flannagan serves on the Loudoun County Housing Advisory Board (HAB) and is a committee member for the Housing Advisory Board on the Loudoun County Joint Trust Fund. Mr. Flannagan holds the rank of Captain in the U.S. Merchant marines and is actively pursuing his private pilot license.