Asset Manager

Elm Street Development is seeking an experienced asset manager to oversee their income-producing real estate portfolio. The position will be responsible for asset management, leasing, financing, development, and construction. A successful candidate will be a well-rounded self-starter with excellent general management and communication skills. Requirements include: a master's degree or undergraduate major in business administration or finance; excellent Excel skills; excellent business communication skills, both spoken and written. Three to five years of experience in commercial real estate banking or property management is strongly preferred. Salary range: $130,000-$140,000 based on experience. Duties include but are not limited to: • Overseeing stabilized assets by directing third party property managers and leasing brokers. • Managing third party contractors for construction of new retail properties to bring them to stabilization. • Implementing programs to improve property performance and maximize cash flow. • Analyzing financial statements and property operating statements. • Reviewing and directing annual property budgets. • Making leasing decisions for all new leases and lease renewals: negotiate business terms and lease documents. • Planning and presenting at annual partner meetings. • Managing communications to partners. • Supervising capital improvement programs. • Managing third party annual appraisals. • Preparing and improving monthly, quarterly, and annual reports on the portfolio's operations, financials, leases, capital improvement projects, etc. • Preparing loan packages for commercial property mortgages. • Assisting the CFO in commercial property loan closings, refinances, and compliance reporting as needed. Enjoy A Variety of Perks and Benefits Including: • Competitive compensation package and bonus plan • 100% employer-paid health insurance • 100% employer-paid life and disability insurance • Dental & Vision Insurance • Paid time off - holidays, vacation, sick, personal, and bereavement • Company matched 401K Contact Information Elm Street Development Attn: Lauren Bauer, Vice President- Finance & CFO 1355 Beverly Road, Suite 240 McLean, VA 22101 www.elmstreetdev.com (703) 734-9730