Asset Manager

KSR

Manhattan, NY

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

Benefits

Job Description

Asset Manager
The Asset Manager will be responsible for overseeing the daily operations of a diversified real estate portfolio with approximately $400+ million in assets under management (AUM). This role requires a strong understanding of financial performance, operational execution, and strategic asset-level decision-making within a fast-paced environment.
Key Responsibilities:
  •  Oversee the day-to-day performance and operations across the portfolio, ensuring alignment with investment objectives 
  •  Conduct detailed variance analysis to evaluate budget vs. actual performance and identify key drivers 
  •  Develop and manage annual budgets and reforecasts for all assets within the portfolio 
  •  Prepare and distribute monthly and quarterly investment updates to internal stakeholders and investors 
  •  Manage and execute all equity distributions and capital calls, ensuring accuracy and timeliness 
  •  Analyze and interpret complex business plans, lease structures, and operating agreements across multiple asset types 
  •  Manage relationships with general contractors (GCs) and lead negotiations for construction and renovation bids 
  •  Collaborate closely with institutional lenders on reporting requirements, financial analysis, and compliance 
  •  Work closely with property management, leasing teams, and third-party vendors to drive operational efficiency and value creation 
  •  Support strategic initiatives including refinancing, dispositions, and asset repositioning efforts 
Additional Expectations:
  •  All projects and major initiatives will be reviewed by the CEO and President of Kassin Sabbagh Realty, requiring a high level of attention to detail and accountability 
  •  Ability to operate effectively in a complex and fast-paced work environment
Qualifications:
  • 3–5 years of experience in real estate asset management, acquisitions, or a related field 
  •  Strong financial modeling and analytical skills 
  •  Deep understanding of real estate operations and investment performance metrics 
  •  Experience managing multiple assets across different property types 
  •  Proven ability to negotiate contracts and manage vendor relationships 
  •  Excellent communication, organizational, and problem-solving skills 
  •  Ability to synthesize complex data into clear, actionable insights
Compensation & Benefits:
  • Base Salary: $100,000 – $120,000 
  • Bonus: Eligible for an end-of-year performance-based bonus 
  • Paid Time Off: Unlimited PTO 
  • Benefits: Comprehensive benefits package to be disclosed upon receipt of an offer 

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