Asset Manager

HighView Partners•Concord, CA

About The Position

This Asset Manager opportunity is with a privately owned real estate owner and operator whose long-term industrial portfolio is in North York. The role works closely with ownership, the Controller, and operations, bringing financial oversight, tenant relationships, and practical property knowledge together to protect value and support investment decisions. The initial focus is to understand the portfolio, strengthen reporting, and organize capital and maintenance priorities. The Asset Manager reviews budgets, forecasts, financial statements, and cash flow with the Controller, identifies inconsistencies and commercial implications, and prepares concise executive summaries and practical recommendations. The role also takes an active part in capital planning and delivery, from assessing repair and replacement options and running tenders to evaluating pricing, sequencing work, monitoring progress, confirming completion, and coordinating project accounting, amortization schedules, and applicable tenant recoveries. Portfolio work includes reviewing tenant concentration, lease expiry timing, and purchasing efficiency. The Asset Manager supports ownership with final lease negotiations by preparing market comparables, assessing lease economics, and recommending strategies. The role also builds tenant relationships, learns about their businesses, anticipates emerging issues, and helps develop commercially sound solutions. Over time, the Asset Manager will contribute to acquisition underwriting and independent due diligence. The position offers direct exposure to ownership and broad involvement in financial performance, portfolio strategy, leasing, capital projects, and property operations. Recommendations will influence decisions, with the potential for greater responsibility and decision-making authority within agreed budgets and approval limits as credibility and judgment are demonstrated. The base salary range is $120,000–$140,000, with flexibility based on experience and capabilities; the full compensation package will be discussed during recruitment.

Requirements

Relevant commercial real estate experience and understanding of how financial performance, leasing decisions, and building operations affect income-producing properties.
Ability to interpret budgets, forecasts, financial statements, cash flow, and asset returns.
Strong Excel skills.
Understanding of commercial lease structures, tenant obligations, and capital expenditure recoveries.
Ability to translate detailed information into clear recommendations.
Practical property knowledge and experience evaluating capital expenditure, assessing contractor proposals, and coordinating work through completion.
Sound judgment, willingness to challenge assumptions, and ability to recognize when a decision requires approval or specialist advice.
Ability to adapt communication to ownership, tenants, accountants, and contractors.
Ability to take responsibility beyond a narrow task list, bring people together, and follow issues through to resolution.

Nice To Haves

Direct industrial real estate experience.
Experience within a private owner/operator or family office.
Portfolio-wide procurement experience.
Acquisition diligence experience.
Advanced financial modelling experience.
Relevant education or professional training.

Responsibilities

Work closely with ownership, the Controller, and operations to understand the portfolio and strengthen reporting.
Review budgets, forecasts, financial statements, and cash flow information with the Controller; question inconsistencies and prepare concise executive summaries.
Use variance analysis to identify commercial implications and recommend practical actions, including explaining options, costs, and decisions required.
Assess capital repair and replacement options, run tenders, evaluate pricing, and sequence work across properties.
Establish priorities through the operations team, monitor project progress, and confirm completion.
Coordinate with accounting on project costs, amortization schedules, and applicable tenant recoveries.
Review tenant concentration, lease expiry timing, and opportunities to improve purchasing efficiency.
Support final lease negotiations by preparing market comparables, assessing lease economics, and recommending strategies.
Build tenant relationships, learn about tenant businesses, anticipate emerging issues, and help develop commercially sound solutions.
Contribute to acquisition underwriting and independent due diligence as the role develops.