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Associate - Asset Management

Salary
$100,000-$124,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90049
Country
United States

This job is no longer active.

Description


About Us:
Asana Partners is a growing real estate private equity firm with $6.6 billion in assets under management.  We acquire, enhance, and operate mixed-use and retail properties in dynamic neighborhoods across the country.

Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Columbia, Los Angeles, Denver, and Atlanta, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.

Responsibilities: 

The Associate will partner with West Coast Execution Team members to develop and execute the asset management strategies for an institutional-quality urban mixed-use property portfolio. The Associate will engage on all aspects of investment-level business planning and will collaborate with various internal and third-party teams to drive execution. The Associate will support leasing strategy and lease negotiations for retail, office, short-term rental, and multi-family leases. The Associate will also support acquisition due diligence and onboarding, property management and tenant relations, redevelopment project executions, secured debt strategy and placements, and disposition execution for the region. Duties include: 

  • Provide analytical ownership and supporting oversight of asset management functions, including regional and property strategic planning, leasing strategy, lease negotiations, property operations, portfolio budgeting and forecasting, redevelopment and leasing decision analysis, lease credit underwriting and approval, and hold/sell strategy. 
  • Anticipate the needs of Asset Management leadership and the Execution Team and proactively support business plan execution. 
  • Assist with managing third-party business plan execution teams including leasing, property management, legal, due diligence, valuation, and lender partners. 
  • Support lease negotiations and credit underwriting for retail, office, short-term rental, and multi- family leasing. Partner with Merchandising on leasing strategy and retail merchandising strategy. 
  • Perform tenant credit analysis and research and recommend lease security strategies. 
  •  Partner with investments team on underwriting potential  acquisitions as well as post-contract investment due diligence and onboarding. 
  • Assist with quarterly reforecast and valuation projection modeling. 
  • Collaborate with the Execution Team to evaluate capital improvement projects, deferred maintenance, and new sources of revenue. 
  • Maintain flawless document organization and compliance related to leasing and property management correspondence. 
  • Partner with internal Investment Accounting team to ensure integrity of investment  financial reporting and analysis. 
  • Expand expertise in a variety of areas, including Argus Enterprise and other technical platforms, real estate finance, redevelopment and disposition strategy, portfolio management and lease decision strategy, real estate investment underwriting. 

Requirements: 

  • Understanding of and  experience  with real estate underwriting,  operations,  capitalization  and principal ownership. 
  • Excellence  in  Excel, Word,  and  PowerPoint;  Argus  Enterprise  experience  strongly  preferred; Advanced Excel modeling experience required. 
  • Strong work ethic, self-motivated, and capable of effective independent judgment. 
  • Unwavering compliance with deadlines. 
  • Acute attention to detail and passion for quality and excellence.
  • Ability to manage people across multiple disciplines and markets. 
  • Strong organizational and process skills to navigate multiple competing priorities and teams. 
  • Desire to grow into leadership/management role as market lead for specific investments. 
Education: 

Bachelor’s Degree in business, finance, accounting, engineering, mathematics or related field preferred

Travel:

Frequent 



 

Job Sectors


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Retail Los Angeles Full Time CA Asset Management, Leasing, Underwriting SF Associate, Acquisitions & Asset Management other