As Senior Vice President, Michael DiBlasi is responsible for all financial analysis within the company, including underwriting potential new development projects and acquisitions. Mr. DiBlasi directs the market research function and is responsible for the preparation of investment packages. He assists in site identification, acquisition, entitlement, design, budget oversight, and start-up operations of new development projects. Also involved with ArchCo’s communications to equity partners, Mr. DiBlasi assembles project budgets (due diligence, pre-development, development) and prepares monthly draw requests.
From March 2000 until 2013 when Archstone was acquired by Equity Residential and AvalonBay Communities, Mr. DiBlasi served as a financial analyst for Archstone’s Development Group. In his most recent role as Vice President of Financial Analysis, he oversaw the internal investment request process, validating all underwriting and investment presentations for Archstone’s $5.7 billion, 16,000+ unit national development pipeline. He also served as the primary liaison with numerous corporate groups, and was responsible for financial reporting from the National Development Group to Archstone’s corporate office.
Prior to his time at Archstone, Mr. DiBlasi was the head of Market Research for JPI’s Atlanta Regional office where he directed the research activities for both new developments and acquisitions in various southeastern markets. In this role, Mr. DiBlasi was instrumental in the preparation of site feasibility analyses, investment and sale packages, and opening business plans.
Mr. DiBlasi also worked for Dale Henson Associates, a local real estate advisory firm, which provided analytical services to owners, developers, investors, and lenders of multifamily properties.
Mr. DiBlasi received his undergraduate degree from Florida State University and a Master of City and Regional Planning degree from the Georgia Institute of Technology.