Andy Wu , Pmp, Cssbb
About Andy Wu , Pmp, Cssbb
Andy Wu is the Director of Acquisitions at RESICAP, specializing in institutional real estate acquisition and disposition. He has a strong background in finance and operations, with previous roles at Placemint, Siemens Industry US, and Altisource, and holds multiple MBA degrees from Georgia State University and Kennesaw State University.
Current Role at RESICAP
Andy Wu serves as the Director of Acquisitions (Institutional Real Estate Acquisition and Disposition) at RESICAP. He has held this position since 2017, contributing to the company's growth in the Greater Atlanta Area. In this role, he leads a team of 15 professionals, including Analysts, Managers, and a Senior Manager, focusing on sourcing and acquiring real estate assets.
Previous Experience in Real Estate and Finance
Prior to his current role, Andy Wu co-founded Placemint, where he worked in Finance and Operations from 2015 to 2017. He also served as a Senior Investment Analyst at Altisource for one year and as a Commercial Project Manager/Project Controller at Siemens Industry US for four years. His experience includes deploying over $65 million with significant returns on investment.
Educational Background in Business and Finance
Andy Wu holds two Master of Business Administration (MBA) degrees. He studied at Kennesaw State University from 2015 to 2016 and at the Georgia Institute of Technology from 2017 to 2018. He also earned a Bachelor of Business Administration (BBA) in Accounting and Finance from Georgia State University - J. Mack Robinson College of Business, completing his studies from 2009 to 2013.
Achievements in Real Estate Acquisitions
During his tenure at RESICAP, Andy Wu has achieved notable milestones in real estate acquisitions. He successfully acquired 2000 single-family rentals within the first 12 months of a Single-Family Rental Fund, maintaining a purchase pace of approximately 250 properties per month in 2021. He has also sourced and acquired five new construction developments valued at over $10 million in 2018.
Impact on Market Expansion and Efficiency
Andy Wu has played a significant role in expanding market presence to various cities, creating a pipeline of approximately 30 properties per month per market. He developed and streamlined the non-auction purchase process, enhancing efficiency in acquisitions, and increased monthly non-auction acquisitions by $2 million from 2017 to 2019.