Michael Saunders & Company announced that Eric Resker has joined the firm as Chief Financial Officer. Resker, who brings experience in all aspects of fiscal management to his new role, has assumed responsibility for the full range of the company’s financial operations.
“Drayton and I are exceptionally pleased to welcome Eric at such a pivotal moment in our market’s recovery,” said Michael Saunders, CEO of the regional brokerage she founded more than 36 years ago. “It was through careful financial stewardship that Michael Saunders & Company continued to prosper throughout one of the worst real estate slumps in Florida history; and it will be the same thoughtful stewardship under Eric’s supervision that will help the company make the most out of the strong recovery now in progress.”
With over $1.4 billion in closed volume during 2011, Michael Saunders & Company has been at the forefront of the region’s real estate recovery. Through July of this year, the company has already closed on $1.235 billion in volume—a jump of 27% compared with the same time last year—and is expected to finish the year with more than $2 billion in volume.
Prior to joining Michael Saunders & Company, Resker was Senior Vice President of Financial Operations & Revenue Management for AIMCO—a real estate investment trust—where his financial planning skills resulted in increased productivity and significant gains in revenue. In 2009, he was one of 10 citizens appointed by Sarasota County to its Budget Oversight Committee, which reviewed the county’s 2010 budget and made constructive suggestions.
Resker holds an MBA in accounting and finance from Fordham University in New York City.