Asset Manager - Commercial Real Estate

Larson Financial Holdings•Houston, TX

About The Position

At Larson Capital Management, LLC, the Asset Manager contributes to the success of the company’s commercial real estate investments and reports to the Director of Asset Management. The role combines commercial real estate knowledge, analytical reasoning, forward-looking planning, negotiation skills, and relationship-building with internal and external peers to achieve financial goals. The Asset Manager oversees the financial performance and business plans of funds and individual real estate investments, including revenue, expenses, capital expenditures, financial modeling, forecasting, and sensitivity analysis. The role collaborates with Property Management and Accounting, supports investor and lender reporting, manages lender draw documentation, and leads debt placement as needed. It also oversees the transition of developments and acquisitions onto the asset management platform and the off-boarding of assets when strategies mature.

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.
Disciplined negotiation skills and experience managing third-party service providers to achieve strong results.
Ability to work on a team and take on responsibilities outside the specific role when necessary.
Skill with Microsoft Office products, including proficiency in Word, Excel, and Outlook.
Must pass a background screening before employment begins.

Responsibilities

Ensure each fund and/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 matters within appropriate parameters and timeframes.
Lead the onboarding and transition of developments and acquisitions to the asset management platform, and manage liquidation and off-boarding processes when a fund or asset strategy matures.
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 validity within required timeframes.
Maintain and update lender draw request documentation and compile data packets for approval and submission.
Lead and source effective debt placement at maturity or when needed to improve the financial strength of a fund and/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 only; dependent coverage is available at a cost.
Dental insurance.
Vision insurance.
Employer-paid long-term disability insurance.
Employer-paid life insurance.
Employee assistance program (EAP).
Voluntary short-term and supplemental life insurance.
Paid time off: 112 hours after 90 days.
Holiday pay for 12 holidays.
Training and education.
Employer events, awards, and activities.