Real Estate Asset Manager

Summary of Job Scope and Expectations:

The Real Estate Asset Manager position is responsible for the asset management of the CFT Real Estate portfolio. This position has responsibility for ongoing management on monitoring of property level operations and performance, portfolio valuation, management reporting, and acquisition support. The Asset Manager will collaborate with Leasing, Property Management, Construction, Finance, and Legal to maximize the value of CFT’s real estate portfolio.

Essential Functions:

The essential functions in this job description are not all-inclusive of this job’s duties and responsibilities. Reliable and dependable attendance is required.

Descriptions

• Develops and executes asset level business plans including value add capital projects.
• Monitors monthly property financials and provides recommendations to Property Management. Reviews and provides recommendations on annual property budgets, which includes analyzing proforma return metrics at the asset and portfolio level.
• Advises Leasing and makes recommendations on new leases and the impact on property financials.
• Advises on asset performance impact of refinancing and loan modifications by analyzing the impact of financing on property return metrics.
• Researches market trends for property improvement and conducts site visits as needed.
• Maintains property and portfolio level proforma and valuations in Excel and Argus.
• Prepares and presents quarterly and annual portfolio performance report to Leadership and Principals.
• Supports Acquisition Team in evaluating new deals, due diligence, and transition of ownership

JOB REQUIREMENTS:

• Bachelor’s degree in Real Estate, Economics, Business, or related field required.
• Minimum five years of relevant work experience in real estate with increasing management responsibility.
• Successful completion of annual store training

KNOWLEDGE, SKILLS, AND ABILITIES:

• Ability to demonstrate and teach Panda’s Mission, Values, and Culture
• Comprehensive knowledge of real estate industry and practices, business and financial accounting, and investments.
• Complete understanding of legal documents for real estate and joint venture investments.
• Comprehensive knowledge of financial pro forma.
• Strong communication (oral and written), presentation, facilitation, and training skills
• Strong financial management and analysis skills
• Strong project management skills
• Strong computer/technology skills and proficient in Microsoft Office Suite and RE function software
• Strong customer service and assessment skills
• Leadership skills and proactive mindset
• Strong relationship building skills applied internally and externally
• Ability to develop/coach associates
• Ability to solve complex problems independently
• Ability to manage projects
• Ability to confront difficult situations and resolve conflicts
• Ability to build consensus
• Ability to work positively and negotiate with others inside and outside the company
• Ability to embrace change and continuous learning

COMPETENCIES:

The following are Panda Leadership Competencies for Manager (No Direct Reports)

• Motivating and Inspiring Others
• Managing and Measuring Work
• Standing Alone
• Planning
• Business Acumen
• Peer Relationships
• Problem Solving
• Self Knowledge
• Customer Focus
• Listening
• Integrity and Trust

SUCCESS MEASURES:

• Contribute to building and sustaining the Panda Mission and Culture
• Develop asset management procedures and continued improvement
• Demonstrate intimate knowledge of CFT portfolio and asset performance
• Create value and improve property level performance
• Positive feedback from outside parties and internal CFT departments

CAREER PROGRESSION:

The following job titles or job categories are examples of potential career opportunities and are not intended as a guarantee of promotion. These career paths can change at any time.

• Senior Asset Manager

WORK ENVIRONMENT:

Office conditions; travel to real estate sites: 10%