3+ years of asset management experience, particularly in leasing and financing
Experience with office and commercial properties
Bachelor's Degree in Real Estate, Finance, or Accounting; MBA preferred
Strong understanding of real estate finance, including lease terms and capital structures
Proficient in analytical and critical thinking skills
High comfort with technology for collaboration and documentation
Advanced Excel skills, including template creation
Responsibilities
Develop and implement strategic business plans for asset operations and market positioning
Ensure financial performance and maintain positive tenant relations
Conduct transaction analysis and support due diligence for acquisitions
Review monthly property management reports for budget variance
Prepare comprehensive reporting for investors and senior leadership
Create cash flow projections and recommend capital calls and distributions
Oversee compliance with lender requirements and monitor escrow accounts
Benefits
100% in-office work environment during standard business hours
Opportunity to work closely with internal and external teams
Engagement in strategic decision-making for asset performance
Potential for professional growth in a team-oriented setting
Access to advanced analytical tools and technology for portfolio management
Full Job Description
Our Asset Manager will be responsible for managing a portfolio of assets, working with internal and external teams to achieve revenue and NOI growth, meet the objectives of each asset, maximize property performance, and generate favorable returns for investors.
Responsibilities:
Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations
Assist with conducting transaction analysis and support due diligence for new acquisitions
Assist with due diligence and follow-up on property transactions
Review monthly property management reports for variance against budget and strategy
Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership
Create cash flow projections, analyze and recommend investor capital calls and distributions
Develop analytical tools to allow leadership to better understand the state of the portfolio
Monitor and maintain compliance with all lender requirements
Monitor timely payment of taxes and insurance premiums
Monitor all escrow accounts and operating cash accounts to assure they are properly funded
Collaborate with other departments to improve and document processes and streamline reporting
Oversight of 3rd party brokerage teams and leasing
Negotiate leases and renewals throughout the portfolio
Desired Competency, Experience and Skills:
3+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions
Experience with office and commercial assets
Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus
In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures
Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups
Strong analytical, accounting and critical thinking skills
High comfort level with the technology used to aid in collaboration, communication, and documentation
Excellent written and oral communication skills
Advanced knowledge of Excel including building templates for other users.
This position is 100% in-office. The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position.