Description
The Merchant Banking Division Real Estate Group within Goldman Sachs is seeking to add a Vice President to its Commercial Real Estate Asset Management team in Dallas, TX. This role will be focused on core, core-plus, and value-add real estate investment opportunities in the United States across office, industrial, and retail property types and invests primarily through commingled funds. The team evaluates & manages commercial real estate investment opportunities across a range of geographies and risk profiles.
Primary responsibilities will include managing a portfolio of 15+ commercial assets (core to value-add risk profiles) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets
RESPONSIBILITIES AND QUALIFICATIONS
Responsibilities
- Primary responsibilities will include asset managing a portfolio of 15+ commercial real estate assets
- Formulate and execute asset management strategies to maximize asset performance through knowledge of real estate markets and value-add strategies
- Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits, negotiate commercial leases
- Prepare and present business plans, including financial and asset performance data
- Establish strategic goals for the asset including leasing and disposition strategy
- Support the acquisition of real estate investment opportunities through due diligence and underwriting efforts
- Review and analyze various asset reports from third parties, including monthly PMC operating reports, accounting files, CapEx projections and monthly Rent Rolls
- Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing
- Work closely with internal stakeholders such as Finance, Compliance and Legal
Basic Qualifications
- Strong academic background - 4 year finance, real estate, accounting or math background preferred
- 5+ years of real estate experience with a focus on asset management and transaction experience in multiple commercial real estate product types (office, industrial, etc.)
- Effective management and leadership skills
- Solid analytical/logical mindset and attention to detail
- Strong written and verbal communication skills (clear, concise, and confident) with the ability to manage internal and external relationships
- Must know MS Office Excel to an advanced level
- Extensive experience utilizing ARGUS
- Self-motivated
- Ability to work both autonomously and in a team setting
- Able to work under tight time constraints and extended hours as required
This job is no longer active.