Net Lease Asset Manager

Fortress Investment Group LLC

$90K — $130K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-10 years of net lease or commercial real estate asset management experience, ideally with institutional owners or REITs.
  • Proven ability to manage multiple projects in a dynamic environment.
  • Experience with loan portfolio management, including compliance monitoring.
  • Strong skills in interpreting complex legal documents relevant to leases and loans.
  • Good understanding of real estate accounting and budgeting principles.
  • Advanced Excel and MS Office skills; familiarity with property management software is a plus.
  • Bachelor's degree in a relevant field from a respected university; Master's degree preferred.

Responsibilities

  • Monitor tenant compliance with lease obligations and enforce lease terms.
  • Cultivate tenant relationships and identify investment opportunities.
  • Manage third-party consultants to enhance productivity and output quality.
  • Ensure compliance with borrower obligations across the portfolio.
  • Oversee development of build-to-suit assets and manage construction funding.
  • Collaborate with internal teams for financial reporting and audits.
  • Respond to investor requests and prepare reporting deliverables.
  • Conduct site visits to assess conditions and market dynamics.

Benefits

  • Flexible working arrangements to support work-life balance.
  • Comprehensive health benefits including medical, dental, and vision.
  • 401(k) plan with company match to prepare for retirement.
  • Career advancement opportunities and professional development support.
  • Generous vacation policy to encourage time off.
  • Collaborative work environment with a focus on teamwork and communication.
Full Job Description
Net Lease Asset Manager

Dallas, TX

About the Position

Responsibilities:
  • Proactively monitor and impose tenant compliance with lease obligations, including but not limited to timely rent collection, maintenance and repair requirements, insurance provisions, operating expense responsibilities, and reporting requirements. Work with internal and outside legal counsel to enforce lease terms and protect the interests of the portfolio.
  • Serve as the primary point of contact for tenants, cultivate tenant relationships, and identify and encourage additional investment opportunities with existing tenants.
  • Manage and supervise third-party consultants supporting the Net Lease Group, directing day-to-day workflow to maximize productivity and quality of output.
  • Ensure compliance with borrower obligations under associated loans across the portfolio. Proactively track critical dates, reporting deliverables, and covenant compliance, and coordinate with the broader team and legal counsel to identify and resolve any issues.
  • Oversee the development of build-to-suit assets and administer periodic construction fundings.
  • Partner effectively with internal treasury, accounting and tax teams on financial reporting, reconciliations, and audit support.
  • Respond timely to investor information requests and prepare related reporting deliverables.
  • Conduct periodic site visits to assess physical condition, compliance standards, and local market dynamics.
  • Research and present well-reasoned asset disposition strategies.


Qualifications:
  • 3-10 years of direct, hands-on net lease and/or commercial real estate asset management experience, including exposure to leasing, capex reconciliation, and construction draws. Experience at an institutional owner/operator, REIT, or real estate private equity firm strongly preferred.
  • Proven track record managing multiple concurrent projects in a fast-paced, tenant-facing asset management or property management role.
  • Experience tracking and managing loan portfolios, including monitoring covenants, borrower reporting obligations, payment schedules, and compliance with loan document requirements.
  • Demonstrated ability to read, interpret, summarize and implement complex legal documents including leases, loan agreements, and partnership/JV agreements. Familiarity with common lease and loan structures in net lease and commercial real estate financing preferred.
  • Working knowledge of real estate accounting principles, including asset- and tenant-level financial statement review and construction budgeting.
  • Advanced proficiency in MS Office, with particular strength in Excel. Familiarity with property management or accounting software and proficiency with AI tools and platforms is a plus.
  • Bachelor's degree in real estate, finance, business, or a related field from a top-tier university required; Master's degree a plus.
  • Self-starter, comfortable working both independently and as part of a team, with excellent attention to detail and organizational skills.

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