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Private Equity 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This job is no longer active.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


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. For details, please refer to company website: essex.com. RESPONSIBILITIES As an integral member of the Private Equity team reporting to a senior finance executive, this role is responsible for asset management and day to day oversight of a $4 BN 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 re-positioning 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 7 years of experience in asset management, portfolio management, or regional property management in the multifamily sector required. 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: BENEFITS 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 Function


 

Job Sector


Not specified

 

Experience


7+ to 10 years


This job is no longer active.

Asset / Portfolio Management San Mateo Full Time CA Asset Management Asset Management Analyst other