Senior Asset Manager

Job Description

Livingston Street Capital, LLC is seeking a Senior Asset Manager to develop and expand a top tier asset management team. Livingston Street Capital LLC is a fast-growing commercial real estate investment company focused on three distinctive investment strategies. These include multifamily/55+ active adult communities, healthcare and mission critical/strategic properties across the United States. The property types range from multifamily assets, active adult senior housing, office and industrial. To date, the portfolio has been invested for core and core plus return profiles with a significant number of long-term leases and highly passive assets. This position will be responsible for the operations and strategic business plan execution for a portion of the company’s portfolio. This position will also contribute to matters related to the acquisition, financing and redevelopment.


Responsibilities:

• Oversee all aspects of the operations and asset management of a commercial real estate portfolio which will include residential assets (55+ active adult senior living assets)
• Review and analyze financial performance, assess and benchmark performance as well as develop and facilitate the execution of comprehensive asset plans
• Drive revenue and income performance through effective cost management
• Communicate results and key property initiatives, strategic alternatives and operational suggestions to executive team
• Oversee both third party property management and other key constituents
• Coordinate with internal accounting team to review reporting and property valuations
• Coordinate with internal accounting team to review annual budget and approval process
• Interact directly with tenants to help troubleshoot issues
• Facilitate annual investor communications
• Recommend and implement best practices

Qualifications:

• Minimum of 8 years’ experience in the commercial real estate industry required in asset management, portfolio management, property management and/or development
• Attention to detail and accuracy
• Strong analytical, organizational, written and verbal communication skills
• Willingness to be hands-on and grow a larger team
• Self-motivated and flexible
• Ability to work independently but maintain a collaborative working style
• Ability to multi-task effectively
• Ability to keep company’s core value and mission in focus always
• Knowledge of MS Word, Excel, Yardi, Argus and Microsoft Outlook required
• Experience with multiple asset classes a plus
• Bachelor’s Degree
• Ability to travel (less than 40%)

* Compensation commensurate with experience Livingston Street Capital LLC Livingston Street Capital, LLC is an emerging boutique private equity firm with institutional capital partners focused on commercial real estate investments throughout the United States.  We are based in Radnor, PA and New York City and actively make investments across three investment strategies. These strategies include: mission critical/strategic properties, healthcare properties and multifamily housing with emphasis on senior housing. Our company was founded by Peter Scola and Joseph Fox who have successfully led more than the $20 billion of real estate transactions throughout their careers. Most recently they have acquired more than $1.1 billion of commercial real estate throughout the United States.