The Associate, Self-Storage Asset Management position is responsible for helping maximize the value of the organization's self-storage real estate portfolio through ensuring the active support of managing, leasing, renovations + expansions, and recapitalization / dispositions of domestic real estate investments.
Nuveen currently owns approximately $2.8 billion of self-storage assets, in the U.S., making it one of the largest private investors of self-storage in North America. Nuveen's self-storage exposure stretches across several joint-venture partners and operators, including a platform it has invested in and is actively growing.
Key Responsibilities and Duties- Responsible for helping manage an existing, and growing, portfolio of real estate assets within the self-storage sector across a variety of risk-profiles (core, core-plus, value-add, and development).
- Regularly engage with operating partners to ensure Nuveen's interests and performance in investments is maximized.
- Helps in the preparation and review of annual business plans, operating budgets, capital budgets, as well as monitor actual performance against these budgets throughout the year.
- Conducts financial analysis/modeling to assess current and projected performance of investments.
- Supports in the assessment of capital needs/expenditures of each property and works with operating partners to develop a long-term capital plan for the portfolio that corresponds to stated strategy.
- This includes identifying and executing on assets in the portfolio that should be candidates for 1) conversions to climate / temperature controlled, as well as 2) expansion opportunities.
- Monitor capital improvements and draw requests.
- Assist in the preparation of property activities and ensure quality of deliverables (monthly, quarterly, annual, and ad hoc) including review of all financial data, variance explanations, compliance reporting obligations, property audits, other key reports.
- Supports the transactions team in underwriting, due diligence, and on-boarding activities, for new assets, as necessary. Additionally, helps strategize and prepare owned assets for disposition/recapitalization, to optimize returns.
- Research current issues impacting the real estate management business that may affect the company's existing and future portfolio.
- In addition to financial aspects, the Associate is responsible for supporting the implementation of ESG, technology and other broader Nuveen initiatives.
- Possesses knowledge of current real estate market conditions for submarkets in which assets are located.
- Performs and reviews quarterly valuations/appraisals for specific fund requirements.
Educational Requirements- University (Degree) Preferred
Work Experience- 2+ Years Required; 3+ Years Preferred
Physical Requirements- Physical Requirements: Sedentary Work
Career Level6IC
Required Qualifications:
- 2+ years of commercial real estate experience.
Preferred Qualifications:
- 3+ years of commercial real estate asset management and/or acquisition, preferably within self-storage.
- Self-storage experience.
- Argus experience
- Bachelor's degree, preferably in Business, Finance, Real Estate, Accounting, or other relevant areas.
- Excellent interpersonal and communication skills, both written and verbal.
- Possess strong knowledge of commercial real estate fundamentals, including operations and analysis, budgeting, financial reporting, cash management and general finance and accounting principals.
- Self-motivated with strong analytical and quantitative skills
- Proficiency in full suite of Microsoft Office products (Excel, PowerPoint and Word) and Yardi.
- Travel required.
Related Skills
Construction Management, Due Diligence, Financial Acumen, Financial Analysis, Financial Risk Management, Financial Statements, Market/Industry Dynamics, Organizational Savviness, Real Estate Investments, Real Estate Property Management
Anticipated Posting End Date:2026-10-05
Base Pay Range: $102,000/yr - $143,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
