Montvale, NJ
Salary Estimate: $100,000.00 - $124,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: 4 Year College
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
Ivy Realty Services, LLC
• 1-100 employees
Established in 1996, Ivy Realty was founded by Russell F. Warren, Jr., and Anthony P. DiTommaso, Jr.
As a privately owned commercial real estate investment company, Ivy Realty initially focused on acquiring and repositioning distressed office properties throughout the New York metropolitan tri-state area. Today, the company dispatches its superior in-house investment, construction and management solutions to a wide range of product types and currently owns or has acquired properties in the New York Metro markets, Boston, MA, Wilmington, DE, Baltimore, MD, Southeast Florida and Colorado.
As a leading investor on a local, regional and national scale, Ivy Realty is widely recognized for consistently outperforming its competitive set and creating long-term value for its private high net worth and institutional investor base.
For over twenty-five years, Ivy Realty has built a reputation as one of the finest real estate operators in the market having acquired over $3.0 billion and 20 million SF in commercial real estate assets.
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