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Sr. Asset Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
San Mateo
 CA
Postal Code
94403
Country
United States

This job is no longer active.

Description


THIS POSITION CAN BE IN EITHER SAN MATEO OR IRVINE, CA

COMPANY: Essex Property Trust (NYSE: ESS), an S&P 500 company, is fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. 

RESPONSIBILITIES: As an integral member of the Finance team reporting to a senior finance executive, this role is responsible for asset management and day to day oversight of a $4BN multifamily portfolio of approximately 40 properties. Specific responsibilities include:
Understand Partnership & Management Agreements and execute the approved business plan
Prepare comprehensive asset plans, including generating financial models to recommend asset repositioning or disposition strategies to optimize portfolio returns
Review and analyze operating results, tour properties and work with Operations team to understand and communicate asset performance relative to the market
Work with the Redevelopment team to review and assess capital expenditure plans, including value-add renovations to maximize property performance and cash flow
Manage the annual operating budget review and approval process with internal team and external investors
Produce asset and financial performance reports and market updates for investors
Manage and support general department activities, including investment materials both for internal and external constituents

QUALIFICATIONS: The successful candidate will have a high growth potential with a proven track record in the following:
Minimum 10 years of experience in the real estate industry required. Experience in asset management, portfolio management, or regional property management in the multifamily sector preferred

Strong analytical, organizational, attention to detail and accuracy, written and verbal communication skills
Self-motivated with strong interpersonal skills and effective collaborative working style
Bachelors degree required

COMPENSATION: We offer an exciting opportunity to grow and develop with a well- established firm along with an attractive compensation package comprised of a base salary and annual performance incentive.
Principals only (no recruiters). Please do not contact job poster about other services, products or commercial interests.
Essex offers a comprehensive benefits package that reflects how much we value our associates and their families:

For regular full-time associates regularly scheduled to work at least thirty (30) hours per week:
• Medical, Dental, Pre-tax flex plan, Basic life insurance, Supplemental life, Short- and long-term disability, Accidental death insurance plans.

For part-time and full-time associates:
• Employer-matching 401(k) plan that offers financial planning and independent brokerage services.
• Wellness Program, 24-hour Employee Assistance, Service awards and Paid time-off.
 

Job Sector


 

Experience


10+ to 15 years


This job is no longer active.

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