Regional Asset Manager - Los Angeles - BH Properties, LLC

June 22, 2017
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BH Properties, LLC

Los Angeles, California 90025
http://www.bhproperties.com

Company Description

A privately held Real Estate Company in the United States with a diversified portfolio of industrial, office, retail and multi-family residential real estate assets nationwide. With the corporate location in west Los Angeles and asset work-sites in 3 states, we are presently looking to strengthen our Asset Management team.

Job Description

We are seeking a well-rounded, self-motivated Asset Manager. The candidate will report to the Director of Asset Management and will be a key player in the asset management and tenant relationship management processes.

Duties

  • Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance
  • Work closely with third party property managers, leasing agents, brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals
  • Actively participate in the negotiations on new leases and renewals
  • Prepare necessary monthly, quarterly, and annual reporting for the senior management team
  • Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add' programs within the portfolio
  • Perform valuations of each asset on a quarterly basis, working with analytical staff
  • Model full life cycle financial analysis for each asset from acquisition through disposition
  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
  • Manage the capital improvement strategies and processes, including oversight of the construction management activities
  • Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies
  • Work collaboratively with the acquisition team members in evaluating potential investments opportunities

 

Knowledge Skill Requirements

  • BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement; graduate degree preferred
  • Minimum of 7 years of commercial real estate, leasing, analysis/asset management experience
  • Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation  
  • Strong knowledge of real estate accounting combined with exceptional analytical skills and financial modeling skills
  • Advanced knowledge of MS Excel and Word is required and must be comfortable learning new computer systems 
  • Must be highly organized, detail oriented, able to handle multiple concurrent projects and be able to independently identify and solve key business problems
  • May involve 30% Travel

 

Compensation

We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group. For immediate consideration please submit resume with salary requirement. Resumes submitted with salary requirements will be considered first.

$125,000-$149,999