Pål Ottesen

Seasoned Financial Executive with Extensive Real Estate Expertise

Professional Overview
Pål Ottesen is a seasoned finance executive with over 30 years of experience in the real estate industry. As the Chief Financial Officer at Avenue5 Residential, he is responsible for overseeing the company's financial operations, driving strategic planning, and ensuring financial integrity and compliance.

Experience Summary

Current Role
As the CFO of Avenue5 Residential, a leading property management firm, Pål is instrumental in shaping the company's financial strategy and guiding its growth. He is responsible for managing all aspects of financial reporting, budgeting, and risk management, ensuring the organization's financial health and sustainability.

Career Progression
Prior to his current role, Pål held several senior financial positions within the real estate industry. He served as the Chief Financial Officer and Chief Operating Officer at Riverstone Residential Group, where he played a key role in driving operational efficiencies and strengthening the company's financial position. Earlier in his career, Pål was a Principal at Investors Capital Group and held various leadership roles at HSC Real Estate, Inc., including Vice President.

Academic Background
Pål holds a Bachelor of Science degree in Business Administration, with a dual focus on Finance and Economics, from Washington State University. His academic achievements and specialized training have equipped him with a strong foundation in financial management and strategic decision-making.

Areas of Expertise
Pål's extensive experience in the real estate industry has honed his expertise in areas such as financial planning and analysis, capital structuring, asset management, and risk mitigation. He is well-versed in navigating the complexities of the real estate sector and has a proven track record of implementing innovative financial strategies to drive growth and profitability.

Professional Impact
Throughout his career, Pål has been instrumental in executing successful projects and initiatives that have significantly impacted the organizations he has served. His strategic leadership, financial acumen, and collaborative approach have contributed to the overall success and financial stability of the companies he has worked for.

Conclusion
With his deep understanding of the real estate industry, strong financial expertise, and visionary leadership, Pål Ottesen is poised to continue driving the success of Avenue5 Residential. His commitment to excellence and his ability to navigate complex financial challenges make him a valuable asset to the organization and a respected figure in the industry.