Associate, Asset Management

Sagard Real Estate • Denver, CO

1d

About The Position

Sagard Real Estate is a real estate investment advisor and operator providing investment management services across the U.S., including acquisitions, asset management, development, and property management. The firm manages $5.3 billion in assets for clients investing through separately managed accounts and commingled funds. The company is based in Denver, with regional offices in New York City, Charlotte, Los Angeles, San Francisco, and the Austin metro area.

The Associate supports property-level investment performance for a portfolio of equity real estate within a defined territory and reports to a Regional Director or Director. The role supports active business-plan implementation, valuation and reporting, budgeting, investment analysis, leasing and capital decisions, and management of partner and service-provider relationships. It also contributes to due diligence, lease administration, development project tracking, and investment committee materials.

Requirements

• College degree.
• At least 3 years of experience in commercial real estate, preferably in asset management, with exposure to property management.
• Exposure to transactions, including acquisitions, dispositions, and leasing; deal structuring; underwriting; financing; compliance oversight for complex ownership and financing structures; hold/sell analysis; valuation; financial reporting; investment performance management; major capital improvements; construction, development, or redevelopment; operations management; and accounting.
• Familiarity with property and life-cycle types, deal structures, and national and regional real estate markets.
• Demonstrated interpersonal, leadership, management, communication, conflict-resolution, negotiation, and listening skills.
• Ability to benchmark and apply past experience to make well-reasoned, decisive decisions.
• Advanced proficiency with Excel, Argus Enterprise, and relevant technology applications.

Nice To Haves

• An advanced degree.
• Experience in asset management and exposure to property management.

Responsibilities

• Assist with implementation of active asset business plans to help mitigate investment risk.
• Prepare accurate quarterly valuations and reports, and complete monthly and quarterly asset management reports with variance commentary.
• Maintain and update Argus Enterprise valuation models.
• Perform sensitivity and performance-return analyses to inform cash management, leasing, and disposition decisions.
• Prepare and submit loan draw requests and track construction costs for development projects.
• Assist in developing, reviewing, and approving annual property business plans, operating and capital budgets, reforecasts, appraisals, and sell/hold strategies.
• Support Asset Management presentations to the Investment Committee.
• Facilitate business-document signing under delegated authority guidelines and support engagement of property management and leasing firms and approval processes for leasing, capital, and value-added investment strategies.
• Maintain organized electronic documentation of activities.
• Document the cost-benefit of leasing and capital investment and help ensure property-level decisions align with portfolio and client investment objectives.
• Build and sustain relationships with joint venture partners and operators.
• Manage third-party relationships with brokers, attorneys, property managers, tenants, and others as needed.
• Advise the Regional Managing Director or Director on investment performance, budget variances, market and property conditions, and valuations; recommend courses of action.
• Review proposed acquisitions and support the due diligence process.
• Build relationships with real estate professionals to develop personal skills and increase industry awareness of Sagard Real Estate’s investment advisory capabilities.
• Assist with lease negotiations and accurate, complete lease administration; participate in leasing calls and negotiations.
• Conduct market research and compile sales and leasing comparable data.
• Help approve capital work and invoices for assigned assets.

Benefits

• Merit-based annual bonus program.
• Health, medical, dental, and vision insurance.
• Long-term and short-term disability coverage.
• 401(k) plan with matching.
• Flexible Time Off (PTO).
• Flexible spending account (FSA) and health savings account (HSA) options.
• Paid caregiver leave.
• Commuter pre-tax savings for parking and mass transit.
• Mentorship and leadership development opportunities.
• Paid social and engagement events throughout the year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level