Director, Asset Management (LA)

Faropoint•Los Angeles, CA

1d•$130,000 - $180,000•Hybrid

About The Position

The Director of Asset Management is responsible for full oversight of the regional portfolio, owning asset strategy, leasing decisions, and performance outcomes. This is a key leadership role within Faropoint's asset management organization, combining hands-on portfolio management with team leadership, strategic portfolio development, and investor relations. The Director will mentor asset management professionals, drive operational excellence across the portfolio, and ensure alignment of leasing, financial, and operational strategies with fund objectives.

Requirements

5-10 years of experience in asset management or real estate investment, with at least 3-5 years in a leadership or senior management capacity
Proven track record managing industrial/commercial real estate portfolios with demonstrated success in leasing, operational management, and financial performance
Bachelor's degree in Real Estate, Finance, Business Administration, or related field
Demonstrated expertise in commercial real estate finance, including underwriting, ARGUS, rent roll analysis, and financial reporting
Strong leadership and team development capabilities with experience managing and mentoring asset management professionals
Excellent communication and presentation skills, with ability to interface effectively with C-level executives, investors, and external partners
Strategic thinking combined with strong operational and analytical capabilities
Knowledge of industrial real estate market dynamics, including leasing trends, tenant demand, and capital markets
Ability to manage multiple priorities, drive projects to completion independently, and thrive in a fast-paced environment
Personal and professional integrity of the highest order
Willingness to travel 5-10% of the time

Nice To Haves

Experience with Yardi or similar property management software
Background with fund management or institutional real estate investing
Experience in acquisitions, dispositions, or capital markets within industrial real estate

Responsibilities

Own all aspects of leasing relationships and decisions, including tenant negotiations, lease structuring, rent growth strategies, and lease renewals across the regional portfolio
Lead leasing execution and strategy, setting market positioning, defining competitive advantages, and driving proactive tenant engagement
Oversee due diligence and appraisal processes for new acquisitions, ensuring thorough analysis and alignment with fund underwriting standards
Oversee asset management teams responsible for budgets, forecasting, vendor relations, tenant relations, accounts receivable, and maintenance operations
Drive portfolio strategy and performance reporting, conducting market analysis, identifying repositioning opportunities, and presenting portfolio performance to investors and fund leadership
Mentor and develop asset management team members, providing guidance on technical skills, market knowledge, and professional growth
Review and approve all aspects of operational budgets, capital improvement plans, appraisals, and financial analyses
Manage vendor relationships and capital improvement initiatives, ensuring quality execution and cost control
Lead strategic initiatives to improve operational efficiency, implement process improvements, and leverage technology to drive portfolio performance
Ensure compliance with fund policies, loan covenants, and regulatory requirements across the regional portfolio