Description
Title: Director – Asset Management Equity Group, Western Region
Department: US Real Estate Equity
Location: El Segundo, CA
Barings is a $326+billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more, at .
*as of March 2021
Typical Responsibilities
- Responsible for the investment performance, business plans and ongoing reporting for an institutional real estate portfolio of retail properties. May also include industrial, multifamily and office assets.
- Maximize investment value by managing income, cash flow and long term property strategy, all within the framework of the overall portfolio goals and objectives.
- Authority to enter into contracts for the properties assigned, such as leasing and management agreements; this would include selection, negotiation, oversight and termination.
- Responsible for the oversight of leasing across the portfolio, including analyzing the value added by each lease and ultimately the execution of approved leases.
- Ensure that performance and investment objectives of assets are met. Work with third party service providers and joint venture partners to meet investment goals.
- Participate in the acquisitions process and lead due diligence for new investments, including physical, operational and financial reviews. Present due diligence findings to investment committee.
- Prepare hold/sell recommendations and lead disposition of assets per portfolio requirements.
- Prepare and review annual business plans and budgets. Present to clients, portfolio managers and senior management team.
- Review and analyze monthly and quarterly financial statements for each property. Monitor and approve capital expenditures.
- Perform quarterly and annual reporting requirements for properties.
- Work with analyst team to prepare quarterly valuations for all properties.
Knowledge Requirements
- 5-10 years of real estate asset management experience required. Experience with joint venture investments a plus.
- Bachelor’s degree required, preferably with a Business, Finance or Real Estate emphasis.
- MBA is strongly preferred.
- Real estate investment experience in the Western U.S. markets preferred.
- Knowledge of financial modeling and analysis programs (ARGUS, Excel, etc.) required.
Competencies
- Ability to interact with senior management, line staff and third-parties in a positive manner.
- Must have strong client-service focus and strong relationships within the institutional real estate industry.
- Sophisticated financial skills and capital markets perspective.
- Exceptional quantitative underwriting skills.
- Ability to influence others and win support on critical issues through strong written skills and effective communication.
- Must possess a high standard of professionalism and integrity.
- Ability to prioritize, multi-task and meet tight timelines.
- Ability to make key recommendations and decisions.
- Willingness and ability to travel overnight.
- Exceptional interpersonal, verbal and written communication skills. Proven presentation skills.
Experience
5+ to 7 years
This job is no longer active.