Founded in 2004, Vertical Ventures is an established, highly-focused investor, developer and operator of institutional quality commercial real estate assets. We concentrate on identifying, acquiring and revitalizing well-located, quality projects that are temporarily undervalued. Our primary focus is on office, R&D and industrial properties in well-established, supply-constrained, submarkets in Northern California. The professionals of the firm average nearly 20 years’ experience transacting and operating real estate and generating attractive investment returns from both institutional and entrepreneurial platforms. Investments are made on a direct and joint-venture basis, in collaboration with select institutional and high-net worth individuals and family offices. The unwavering goal of the firm is to extract unrecognized value from the real estate and maximize returns to its investors, while providing a high level of service and communication to our financial partners. This is accomplished through meticulous adherence to our sustained investment process, which involves: 1) The astute discovery, investigation and acquisition of strategically located and undervalued properties; 2) The aggressive execution of thoughtful, detailed, and efficient business plans, and; 3) The skilled and efficient disposition of assets at the optimum time, based upon property-specific economics and general market conditions.
We seek complex opportunities in order to best leverage our deep experience and understanding of the many facets of risk exerting influence on a real estate investment. We then rely on our expertise and strategic approach to develop and execute asset-specific business plans that extract maximum value from any given project at any given point in the real estate cycle. Our investors and partners rely on us for our local knowledge, institutional rigor, and boutique service, which consistently deliver superior results.
About the Position
This senior asset manager will report to the founder and senior executives and lead all aspects of property-level operating activities and strategies for the Company’s portfolio of properties in northern California. Responsibilities include the development and execution of asset repositioning, operating and leasing strategies, as well as budgeting, financial reporting, the oversight of property management and leasing professionals, investor relations and reporting and tenant relations. They will also work actively with the acquisitions team to assist during the underwriting, due diligence, closing processes, and will also oversee property dispositions.
The Asset Manager will be primarily focused on developing and executing property level strategies to enhance and/or protect asset value. The properties will be predominantly class-A, institutional-quality office/R&D and industrial warehouse projects.
The ideal candidate has experience in asset management, construction management (TI & property repositioning), property management, office leasing, and financial budgeting related to institutional-quality commercial office projects. The candidate should also be highly analytical, a self-starter, and can decipher financial and market data to effectively review and evaluate investment opportunities and to assess the performance of individual assets in the Company’s portfolio. The ideal candidate is able to work independently with minimal supervision and is able to thrive in an environment that is highly entrepreneurial, both strategic and creative, and which requires rapid learning, multitasking and prioritizing under tight deadlines.