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Director of Asset Management

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Atlanta
 GA
Postal Code
30305
Country
United States

This job is no longer active.

Description


The Loudermilk Companies is a privately held real estate investment and development company based in Atlanta, Georgia. The Company owns and manages a diverse portfolio that includes mixed use condominium projects, retail, office, parking, land held for development, timberland and mitigation banks.   Position   The Company is seeking a Director of Asset Management to focus on financial performance and maximizing value at the property and portfolio levels. The Position reports to the Chief Financial Officer.   Duties and Responsibilities  
  • Create and maintain operating budgets and capital improvement budgets, coordinating with third party property managers and parking managers as well as the development and accounting teams.
  • Prepare and analyze budget variance reports and make recommendations to management for improving operating efficiencies.
  • Identify opportunities to increase revenues.
  • Monitor all lease requirements and ensure the Company satisfies all landlord lease obligations.
  • Collect rent and ensure tenants comply with all lease requirements.
  • Calculate rates for reimbursement of common area maintenance, property taxes and insurance expenses and prepare annual reconciliations to actual expenses.
  • Conduct on-site property inspections and work with property management and engineering teams to ensure assets are maintained in peak physical condition.
  • Oversee risk management at the property and portfolio levels, maintaining sufficient insurance coverage to satisfy owner and lender requirements at the most efficient pricing available.
  • Manage annual property taxes for all properties, including timely filing of appeals and coordination with third party tax consultants.
  • Bill and collect asset management fees and reimbursable expenses on a timely basis.
  • Prepare due diligence for the financing team and lenders to support the origination and refinancing of debt.
  Qualifications and Experience
  • Bachelor s degree or higher in business, finance, accounting and/or real estate.
  • Minimum of 10 years of experience in real estate, finance or other analytics.
  • Proficient in financial modeling and use of Microsoft Office software. Experience with Argus or other real estate software is preferred.
  • Detail oriented and highly analytical.
  • Thrives in a small, entrepreneurial environment.
  • Self-motivated and deadline oriented.
  • Strong written and verbal communication skills.

This job is no longer active.

Asset / Portfolio Management Retail Atlanta Full Time GA Asset Management, Property Management Portfolio Management Analyst other