Description
SRE is seeking an individual to join our growing Asset Management team. The successful candidate will be a self-starter, who is highly collaborative, analytical and has experience managing assets and service providers. The Asset Manager will direct and coordinate the asset management, on-going operations, and administration of multiple commercial properties across different asset classes including industrial, life sciences, office and apartments. Given the flexible mandate of the investment strategy we anticipate the construction of the portfolio by asset class and location will change over time. SRE employs a hybrid-approach where historically 50% of investments are owned directly without the use of local partners and 50% have local sponsors. The Asset Manager will perform the following duties personally or in collaboration with operating partners and third-party managers.
The responsibilities for the role include, but are not limited to:
- Lead the business plan execution for a diverse portfolio of properties
- Lead, manage and motivate property managers, third-party asset managers, leasing brokers and other service providers in executing the business plan for each property
- Direct budget development for each property, reviewing and approving budgets in cooperation with third party property managers and / or JV partners
- Actively manage property renovations and repositionings in collaboration with JV partners and third-party service providers
- Lead or participate in regular owner / architect construction meetings for ongoing renovations, tenant improvement and capital projects
- Lead or support the disposition process for properties, including engaging brokers, participating in sale contract negotiations, and coordinating closing efforts
- Direct leasing and marketing efforts and lead tenant lease negotiations for new and renewal leases
- Direct JV partners and property managers in their day-to-day management of assets; consult with leasing partners regarding positioning properties and maintaining occupancies
- Communicate / report to Lenders regarding draw requests, lease approvals and loan compliance
- Monitor financial reporting and operating cost controls across multiple properties, markets, and product types
- Analyze value enhancement opportunities, perform sale / refinance analyses, lease and tenant credit analyses and present recommendations to Investment Committee.
- Lead the quarterly valuation process for a portfolio of properties, working with the CFO, accounting team and senior leadership
- Conduct on-site property visits and evaluate the performance of the assets, the property management and leasing teams
We are seeking an individual who meets the following criteria:
- 7+ years of experience in asset management is strongly preferred
- Confident communicator with a high level of maturity and the presence necessary to interact with senior management, as well as joint venture or operating partners
- Well-organized, detail oriented and deadline driven
This job is no longer active.