Asset Manager - Commercial Real Estate

Larson Financial Holdings•Minneapolis, MN

15h

About The Position

At Larson Capital Management, LLC, the Asset Manager contributes to the success of the company’s commercial real estate investment holdings and reports to the Director of Asset Management. The role combines commercial real estate knowledge, analytical reasoning, future-focused thinking, negotiation skills, and relationship-building with internal and external peers to achieve financial goals. The Asset Manager oversees investment performance, revenue and expense direction, capital expenditures, financial modeling and forecasting, and coordination with operational teams. The role also supports investment transitions, reporting to investors and lenders, lender draw requests, and debt placement. The position may include other duties as assigned.

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 on a team and take on work outside the specific role when needed.
Skill with Microsoft Office products, including proficiency in 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 by providing strategic direction for 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 liquidations and offboarding when a fund or asset strategy matures.
Update and validate financial models in accordance with underwriting parameters to assess investment performance, forecasting, and sensitivity analysis.
Collaborate with Property Management and Accounting teams to support 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 debt placement at maturity or as needed to improve the financial strength of a fund or asset.
Participate as a team member and contribute to the organization’s health; 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
Employee events, awards, and activities