Asset Manager - Commercial Real Estate

Larson Capital Management LLC • Minneapolis, MN

1d

About The Position

The Asset Manager is a vital contributor to the success of Larson Capital Management’s commercial real estate investment holdings and reports to the Director of Asset Management. The role combines commercial real estate expertise, analytical reasoning, forward-looking judgment, negotiation skills, and relationship-building with internal and external peers to accomplish financial goals.

The position oversees investment performance and business plans across funds and individual real estate investments. It works closely with the Director of Asset Management and operational teams, including Property Management and Accounting, and supports investor and lender reporting, financing, and the transition of developments and acquisitions into and out of the asset management platform.

Requirements

• At least 5 years of experience in commercial real estate financial analysis, underwriting, leasing, and/or operations management, primarily involving office real estate.
• Working knowledge of the acquisition and disposition cycle.
• Proficiency in Argus.
• Attention to detail and critical-thinking skills to identify issues early.
• Negotiation skills and experience managing third-party service providers to achieve strong results.
• Ability to work as part of a team and take on responsibilities outside the specific role when necessary.
• Proficiency in Microsoft Word, Excel, and Outlook.
• Must pass a background screening before employment begins.

Responsibilities

• Ensure each fund or individual real estate investment achieves its financial return thresholds through strategic direction of revenue, expenses, and capital expenditures.
• Create revenue guidance with the Director of Asset Management; understand capital requirements and funding sources; validate tenant creditworthiness; and escalate items within appropriate parameters and timeframes.
• Lead the onboarding and transition of developments and acquisitions to the asset management platform, and manage liquidation and offboarding at fund or asset strategy maturity.
• Update and validate financial models in accordance with underwriting parameters to support investment performance analysis, forecasting, and sensitivity analysis.
• Collaborate with Property Management and Accounting teams to support the success of each business plan.
• Approve financial reporting packages for investors and lending partners, ensuring accuracy and timely delivery.
• Maintain and update lender draw request documentation and promptly compile data packets for approval and submission.
• Lead and source effective debt placement at maturity or when needed to improve the financial strength of each fund or asset.
• Contribute as a team member to the health of the organization and perform other duties as assigned.

Benefits

• Profit-sharing bonus program
• 401(k) employer match up to 4%
• Medical insurance, including HDHP HSA plans at no cost for employees; dependent coverage is available at a cost
• Dental insurance
• Vision insurance
• Employer-paid long-term disability insurance
• Employer-paid life insurance
• Employer-paid EAP
• Voluntary short-term and additional life insurance
• Supplemental insurance
• Paid time off: 112 hours after 90 days
• Holiday pay for 12 holidays
• Training and education
• Employer events, awards, and activities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed