Associate - Asset Management - San Francisco
About The Position
Jamestown is recruiting for an Asset Management Associate in our San Francisco office. The Associate will be responsible for supporting Asset Managers in maximizing real estate value by developing and executing business plans on assigned real estate projects. The Associate will also work on planning, execution, and completion of client engagements related to real estate asset management, development, and advisory projects. This position involves a mix of advisory, and execution projects and requires someone who can navigate complicated organizational structures, be highly organized, and responsive in a timely manner.
Requirements
- Minimum 4-5 years of relevant asset management (acquisitions or dispositions) experience
- Working knowledge of real estate and financial analysis, including advanced Excel modeling and proficiency in Argus
- Any combination of education, training, and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.
- Knowledge of all computer applications and hardware related to performance of the essential functions of the job.
- Skill in Conflict Management Resolution
- Organizational and interpersonal skills
- The ability to meet deadlines; accomplish work in order of priority; professionally maintain composure & effectiveness under pressure and changing conditions
Responsibilities
- Build and maintain financial models in Excel and Argus as directed by senior professionals for existing portfolio assets
- Report on property performance and evaluate quarterly appraisals
- Produce annual strategic business plans and work with property teams to produce annual budget and future cashflow projections for existing portfolio assets
- Assist with the lease negotiation process for prospective tenants and conduct lease analyses
- Evaluate the feasibility and upside opportunity associated with potential value-add projects at the property
- Contribute to the production of Investment Committee memoranda
- Review and abstract governing documents, including partnership agreements, loan agreements, leases or other legal documents, as requested.
- Assist in conducting market research as requested, including building lease and sales comparable spreadsheets and maps
- Assist in the production and execution of marketing events held at a portfolio property
- Create and maintain network file folders, and organize pertinent asset-related documents within
- Solicit bids and coordinate service work from third-party vendors and service providers
- Accompany senior professionals on various trips to existing portfolio assets
- If applicable, work with senior professionals on capital transactions including the financing/refinancing or disposition of an existing portfolio asset
- Performs other related duties as assigned.
Benefits
- 17 days of PTO, 2 floating holidays, and 12 company holidays
- Company-paid employee medical, dental, vision, life insurance, and disability insurance
- Company-paid family memberships for One Medical, a membership-based primary care practice
- HSA with employer contribution
- 6% 401k match subject to vesting schedule
- Company-paid gym memberships
- Wellness challenges and 5k/10k incentives
- Office snack bars
- Pet insurance
- Calm memberships
- Clean commute incentives and subsidies
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
