Photo of Jake Austermann

At PMR, we provide clients with both the depth and breadth of talent needed to reduce complex real estate projects and investments to first principles and enable our clients to make the best possible decisions.
Jake Austermann
Senior Vice President

Experience

As a senior vice president with Plante Moran Realpoint (PMR), formerly Plante Moran REIA, Jake leverages eight years of commercial real estate experience to provide clients with in-depth analysis for highly complex projects. He specializes in development consulting and asset management, providing services such as real estate underwriting and financial structuring, investment strategy development, and project due diligence.

Real estate is an excellent crossroads for investment and tangible projects that impact people’s day-to-day lives. Clients rely on Jake’s ability to articulate complex financial concepts in a simple and concise manner, enabling them to make the best possible decisions and achieve their goals.

Jake joined the firm from Greatwater Opportunity Capital, a private equity real estate developer focused on multifamily rehabilitations in Detroit’s neighborhoods. There he managed the acquisition, investment, and predevelopment processes on 19 multifamily properties across nine investment funds, totaling over 850 units acquired and $100 million in capital deployed. He also has experience as a portfolio analyst at General Growth Properties (GGP), a retail real estate investment trust company, where he prepared the executive-level annual budgets and monthly forecasts for GGP’s portfolio of more than 120 shopping centers. Jake was also responsible for the annual valuation of GGP’s $40 billion in assets under management, clearly communicating the portfolio’s progress through monthly management reporting metrics and quarterly operating earnings releases.

He received his Bachelor of Science degree in finance from Michigan State University’s Eli Broad School of Business. As a four-year member and two-year captain of Michigan State’s varsity swimming and diving team, Jake was awarded various athletic and academic honors.