Real Estate Asset Manager - Boyd Watterson Asset Management

September 13, 2017

Boyd Watterson Asset Management

Washington, District of Columbia
http://www.boydwatterson.com

Start Date: Immediate

Job Location: Washington, D.C.

Company Overview

Boyd Watterson Asset Management is headquartered in Cleveland, Ohio and manages in excess of $7.8 billion of assets in fixed income, equities and real estate assets on behalf of a variety of institutional investors.  The real estate group within Boyd Watterson manages over $2.0 billion of gross real estate assets nationally out of its Chicago, Cleveland and Washington D.C. offices. The firm invests in and serves as the asset manager of a variety of real property types, including office, retail, multifamily, industrial, hotel and other properties, throughout the U.S.  It currently has two separate funds and is launching a third fund, all focused on acquiring and managing properties leased to federal and state government agencies.

The Opportunity

Boyd Watterson is seeking a Real Estate Asset Manager to oversee a portfolio of properties which are a part of the firm’s commingled fund comprised of office properties leased to the General Services Administration and other federal and state agencies.  The Asset Manager will be helping to launch a new Washington D.C. office along with the real estate group’s Chief Strategy Officer.  They will report to a Regional Vice President in the Chicago office and will be a critical member of the portfolio management team with a variety of responsibilities.  Responsibilities for this position could include, but are not limited to:

  • Develop and implement strategic plan and monitor their portfolio to achieve projected returns
  • Review and approve budgets driven by acquisition underwriting and historical asset performance
  • Prepare quarterly asset management reports and strategic plans for clients and consultants
  • Facilitate, review and comment on third-party appraisals and brokers’ opinions of value
  • Conduct periodic site visits to portfolio assets and make recommendations based on those visits
  • Work with leasing brokers to attract, qualify and maintain tenants and achieve favorable lease terms
  • Oversee project managers for construction projects and tenant build-outs at portfolio properties
  • Work closely with the investment team, property managers and tenants to develop strong relationships
  • Conduct market research and tenant-specific research and report back to the investment committee
  • Identify disposition candidates and oversee the sales process for selected properties
  • Perform special ad hoc projects and analyses

 

Job Requirements

  • Bachelor’s degree, preferably in Finance, Accounting or Real Estate from a respected university. MBA preferred.
  • 10+ years of real estate and asset management experience.
  • Experience working with the GSA or state and federal tenant agencies strongly preferred
  • Must have experience with Argus and strong knowledge of Microsoft Excel, Word and PowerPoint
  • Strong written and verbal communication skills, including ability to articulate recommendations in concise and timely manner
  • A successful candidate must be a self-starter willing to independently balance many tasks at a given time
  • Significant travel within the United States required (~20% of the time)

 

Compensation

Compensation will be competitive and commensurate with experience.