Role details

Regional Asset Manager

Los Angeles   •  Permanent

Bullet points

  • Oversight of a regional 2 Million sqft office, retail and industrial portfolio
  • 1.2 Billion AuM nationwide with a reputable value add investor and owner

About Our Client

Our client is a leader in the investment, repositioning and ownership of "value add" commercial real estate nationwide across 20 states. Their core focus is commercial office, retail and industrial property types. The firm has 5 offices in strategic locations throughout the US.

Job Description

  • Work in close partnership with the acquisition team members in evaluating potential investments opportunities
  • Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance
  • Actively partake in the negotiations on new leases and renewals
  • Prepare necessary monthly, quarterly, and annual reporting for the senior management team
  • Negotiate third party contracts and oversee implementation of capital improvement and 'value-add' programs within the regional portfolio
  • Close collaboration with third party property managers, leasing agents, brokers, consultants and attorneys to provide direction for and oversight of business plans, forecasts, budgets, , analysis, leases and approvals
  • Perform valuations of each asset on a quarterly and annual basis, working with internal and external analytical staff
  • Model full life cycle financial analysis for each asset from acquisition through disposition
  • Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies
  • Manage the capital improvement strategies and processes, including oversight of the construction management activities
  • Develop and implement strategic business plans for each asset positioning in the market, daily operations and ultimate divestment

The Successful Applicant

  • BA/BS degree in Finance, Real Estate or related field; graduate degree preferred
  • Minimum of 7-10 years of commercial real estate leasing, analysis and/or asset management experience
  • Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation
  • Strong knowledge of real estate accounting
  • Advanced knowledge of MS Excel and Word is required and must be comfortable learning new computer systems
  • Must be highly organized, detail oriented, able to handle multiple concurrent projects and be able to independently identify and solve key business problems
  • Travel involved on a monthly basis

What's on Offer

Excellent compensation and benefits package, an exciting opportunity to grow and develop with a well-funded investment group.

Apply for this job

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