VP, Asset Management- Commercial Real Estate

Goldman Sachs & Co, located in Dallas, TX seeks a Vice President within RMD US Real Estate to support the Goldman Sachs Asset Management Division Private Real Estate team that manages two US open-ended Core / Core Plus funds and Value Add Separate Accounts with institutional investors.

RESPONSIBILITIES AND QUALIFICATIONS
Primary responsibilities will include managing a portfolio of 5 to 15 assets (core / value-add commercial) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets.

Responsibilities

• Prepare and present business plans, including financial and asset performance data
• Establish strategic goals in conjunction with the GSAM PRE team for the asset including leasing and disposition strategy
• Formulate and execute strategies to maximize value through knowledge of real estate markets and value-add strategies
• Support the acquisition of real estate investment opportunities through due diligence and underwriting efforts
• Manage and provide oversight of junior asset management team
• Review and analyze various asset reports from third parties, including monthly PMC operating reports, accounting files, CapEx projections and monthly Rent Rolls
• Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits
• Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing
• Work closely with internal stakeholders such as Finance, Compliance and Legal
• Support acquisition transactions through due diligence and underwriting

• Strong academic background - 4 year finance, real estate, accounting or math background preferred
• Minimum 9 years of real estate experience with asset management and transaction experience in multiple product types preferred
• Solid analytical/logical mindset and attention to detail
• Strong written and verbal communication skills (clear, concise, and confident) with the ability to manage internal and external relationships
• Must know MS Office Excel and Argus to an advanced level