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Asset Manager

Full Time
Real Estate Field
  • Asset / Portfolio Management
Los Angeles
Postal Code
United States

This job is no longer active.


DivcoWest is a vertically-integrated operator, owner, developer and real estate partner to the innovation economy. DivcoWest has corporate offices in San Francisco, Los Angeles, Boston, Washington, DC and New York as well as numerous property management locations across the United States. Since its inception, DivcoWest and its predecessor have acquired more than 42.9 million square feet of commercial space - primarily throughout the United States. DivcoWest has a longstanding history of investing primarily in properties that serve the innovation markets of the economy, seeking to capitalize on DivcoWest’s extensive network of relationships within the markets for which the company has served over the last 25+ years. DivcoWest’s real estate portfolio currently includes existing and development properties consisting of office, R&D, lab, industrial, retail and multifamily.

DivcoWest prides itself on its progressive attitude towards technology and innovation. It not only serves as a landlord to technology tenants but is also a strong proponent of proptech and has incorporated cutting edge technology in all aspects of its business. DivcoWest is also an investor in various real estate related technology ventures.

Position Description:

  • Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance.
  • Work closely with in-house property management team, third-party property managers, leasing brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals.
  • Oversee and participate in the creation of monthly, quarterly, and annual reporting for clients and senior management.
  • Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add' programs within the portfolio, with a focus on actively managing the capital improvement strategies and processes, including oversight of the construction management activities.
  • Perform valuations of each asset on a quarterly basis, working with analytical staff.
  • Manage cash flow, distribution analysis and investment projections.
  • Oversee modeling of life-cycle financial analysis for each asset from acquisition through disposition.
  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.
  • Engage and manage leasing brokers for assets and negotiate, edit and review letters of intent and prospective leases.
  • Participate in negotiating loan documents and ensure compliance with loan requirements throughout the hold period.
  • Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies.
  • Work collaboratively with the acquisition team members in evaluating potential investments opportunities and executing aspects of the due diligence process with a focus on on-going asset management items for a seamless transition upon closing.
  Knowledge/Skill Requirements:

  • BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement; graduate degree a plus.
  • Minimum of 7 years of commercial real estate, analysis/asset management experience.
  • Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation.  
  • Knowledge of real estate accounting combined with exceptional analytical skills and financial modeling skills is needed.
  • Knowledge of MS Windows, Excel, and Word; proficiency in ARGUS software preferred.
  • Must be highly organized, detail oriented, able to handle multiple concurrent projects and be able to independently identify and solve key business problems.
DivcoWest is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Job Function

  • Asset Management

Job Sector

  • Office


7+ to 10 years

This job is no longer active.

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