Michael Nukho, CPM – Principal Broker
Michael Nukho, founder of NuRealty Advisors Inc., was introduced to the real estate industry at an early age. Through real estate holdings owned by his beloved father, Michael was exposed to various types of properties such as commercial, retail and residential. Michael graduated from Manhattan College in 1999, with a degree in Accounting & Computer Information Systems. He began his professional career with Deloitte & Touche LLP as an auditor focusing on the New York Real Estate market. During his tenor at Deloitte, Michael performed auditing services for many large real estate clients, such as The Related Companies LP. Michael was the lead auditor from inception to completion of the AOL Time Warner Center development project which consisted of two twin tower mixed-use buildings located on 59th Street and Columbus Center. The project was over $2 billion and is one of New York City’s most high profile properties.
In 2007, Michael went on to join DRA Advisors Inc., a private equity real estate investment company. As a Portfolio Analyst with DRA, Michael managed a $2 billion office portfolio with properties located throughout the United States, performing many tasks such as income/expenditure variance analyses, due diligence, acquisitions, dispositions, refinance, debt service coverage ratio (DSCR) analyses, equity cost & market valuations, return on investments, leasing, capital improvement & useful life analyses, common area maintenance (CAM) analyses and financial preparation & reporting.
Throughout his career with Deloitte and DRA, Michael simultaneously managed an extensive real estate portfolio, primarily consisting of multifamily properties located in Westchester County, NY. His responsibilities consist of operations of the properties, following guidelines for the Division of Housing and Community Renewal (DHCR), leasing, due diligence, acquisitions, dispositions, refinance, 1031 exchange, short sales and financial preparation & reporting. Michael obtained the Certified Property Manager (CPM) designation. With nearly 500 apartments under management, Michael has developed a strong foundation in the real estate industry and has an extensive level of both corporate and personal experience.
Michael is extremely passionate about the real estate business, and has dedicated his entire career to this industry. Michael’s experience allows him to provide a wide range of service to his clients, from analyzing the market and the subject asset type, to performing CMA analyses, analyzing cash flow and projected debt service, to performing budgeting and pro forma analyses.
When looking for a Broker, it is critical to identify someone who truly understands the industry and has actual hands-on experience with corporate and personal investments. That is what differentiates Michael from the rest of the market.