Asset Manager

TRIBECA INVESTMENT GROUP

Asset Manager

New York City, NY |Full-Time | Real Estate Investment & Development

ABOUT US

Tribeca Investment Group ("TIG") is a New York City-focused real estate investor and developer that invests across asset types and the capital stack alongside institutional partners. We specialize in transformative projects across the five boroughs, including commercial office buildings, residential conversions, condominiums, retail, and large-scale repositioning and rehabilitation work.

TIG operates as a flat, collaborative, and entrepreneurial organization. Our team is deeply involved in every phase of the investment lifecycle — from acquisition and capitalization through asset management, leasing, and disposition.

THE OPPORTUNITY

We are seeking a highly motivated and detail-oriented Asset Manager to join our growing team. This is a hands-on role with broad exposure across TIG's investment portfolio and active development pipeline. The Asset Manager will work directly with senior leadership and will play a critical role in portfolio reporting, financial management, leasing, and construction oversight.

This is an outstanding opportunity for a driven real estate professional with a strong analytical foundation who is looking for long-term growth in a high-performance, deal-focused environment.

PRIMARY RESPONSIBILITIES

Asset Management & Reporting

• Assist in the overall management and day-to-day execution of projects across the portfolio with a focus on commercial properties
• Prepare comprehensive partner and lender reporting packages, including quarterly asset-level updates, variance analyses, and capital event summaries
• Manage and track requirements, milestones, and covenants under loan agreements, joint venture operating agreements, and ground leases; proactively flag compliance issues
• Maintain and update financial models for active assets and development projects using Argus Enterprise and Excel
• Manage project bank accounts, including reconciliation, wire approvals, and coordination with property-level accounting

Financial Management & Capital Markets

• Oversee the preparation of annual operating and development budgets in coordination with property managers and the construction team
• Manage cash flow projections and assess expected capital needs across the portfolio on a rolling basis
• Prepare monthly draw requests and equity capital call packages; interface with lenders, construction monitors, and title companies to facilitate timely funding
• Assist in raising debt and equity capital for new acquisitions and recapitalizations, including preparation of investment memoranda and lender packages
• Support due diligence and closing processes for prospective acquisitions and dispositions

Leasing

• Assist in leasing negotiations with office and retail tenants, including review of LOIs, term sheets, and lease documents
• Coordinate with external leasing brokers to develop and execute leasing strategies aligned with each asset's business plan
• Analyze proposed lease economics, including free rent, TI packages, and rent steps, relative to underwriting assumptions
• Track leasing pipeline activity and update rent rolls and absorption projections in financial models

Construction & Project Management

• Assist the internal construction team in managing active development and renovation projects, including budget tracking, and schedule monitoring
• Review and process vendor invoices; maintain budget-to-actual tracking logs and flag variances against approved budgets

CANDIDATE REQUIREMENTS

• 3-7 years of experience in real estate investments, asset management, development, or a related field
• Strong proficiency in Excel financial modeling; experience with Argus Enterprise required
• Experience underwriting across asset classes including office, residential, retail, and mixed-use
• Demonstrated ability to manage multiple concurrent workstreams with a high degree of accuracy and attention to detail
• Familiarity with real estate legal documents including loan agreements, joint venture operating agreements, and leases
• Strong written and verbal communication skills, with experience preparing investor and lender reports
• Proficient in MS Office (Excel, Word, Outlook) and MS Project; experience with Yardi or similar property management software a plus
• Proactive, self-motivated, and comfortable operating in a fast-paced, entrepreneurial environment
• B.A. or B.S. required; degree in real estate, finance, economics, or a related field preferred

This job description outlines the core responsibilities of the Asset Manager role. Responsibilities may evolve over time in line with the needs of the company and the nature of active projects. Tribeca Investment Group is an equal opportunity employer.