Asset Manager
Ivy Realty Services, LLC
Montvale, NJ
•
$100,000.00 - $124,999.00
•
Full Time
•
Office
Asset Class Agnostic
2+ to 5 years exp. • 4 Year College
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The posting has expired or been closed by the employer. Please do not contact the employer directly to apply — explore similar open roles below.
Job Description
Position Summary:
The Asset Manager is responsible for creating and overseeing customized asset management
strategies for investment properties owned by the firm.
Responsibilities:
Maximize total return for each assigned asset through the analysis of property efficiencies and
identifying opportunities for improved performance
Work closely with property managers, property accountants, construction staff and leasing
agents to provide direction for and oversight of business plans, budgets, forecasts, leases,
analysis and approvals
Negotiate third party contracts
Manage cash flow, distribution analysis and investment projections
Develop and distribute periodic asset management reports to investors, consultants and other
partners
Provide pre-acquisition input and assistance in due diligence process, including review of
financial and operational assumptions, and supporting the effort of originating and negotiation of
debt financing
Model full life cycle financial analysis for each asset from acquisition through disposition
Manage coordination of post-acquisition activities and integration of asset into the firm’s
ownership portfolio
Oversee asset disposition process
Requirements:
2 - 5 years of commercial real estate analysis/asset management experience with an emphasis in
office and industrial properties.
Proficiency with modeling investments in both Argus and Excel
Solid analytical and organizational skills and ability to multi-task
Highly-developed verbal and written communication skills
Ability to work independently and as part of a team
Proactive thinking with detail-oriented and creative problem-solving approach
The Asset Manager is responsible for creating and overseeing customized asset management
strategies for investment properties owned by the firm.
Responsibilities:
Maximize total return for each assigned asset through the analysis of property efficiencies and
identifying opportunities for improved performance
Work closely with property managers, property accountants, construction staff and leasing
agents to provide direction for and oversight of business plans, budgets, forecasts, leases,
analysis and approvals
Negotiate third party contracts
Manage cash flow, distribution analysis and investment projections
Develop and distribute periodic asset management reports to investors, consultants and other
partners
Provide pre-acquisition input and assistance in due diligence process, including review of
financial and operational assumptions, and supporting the effort of originating and negotiation of
debt financing
Model full life cycle financial analysis for each asset from acquisition through disposition
Manage coordination of post-acquisition activities and integration of asset into the firm’s
ownership portfolio
Oversee asset disposition process
Requirements:
2 - 5 years of commercial real estate analysis/asset management experience with an emphasis in
office and industrial properties.
Proficiency with modeling investments in both Argus and Excel
Solid analytical and organizational skills and ability to multi-task
Highly-developed verbal and written communication skills
Ability to work independently and as part of a team
Proactive thinking with detail-oriented and creative problem-solving approach
Job Functions
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