Director, Asset Management

At Home Group•Coppell, TX

3d•Hybrid

About The Position

The Director, Asset Management provides strategic and operational leadership for the Company's real estate portfolio, including stores, distribution facilities, and excess property. This role is accountable for developing and executing the long-term portfolio strategy, maximizing asset value, reducing occupancy risk, aligning stakeholders and ensuring disciplined management of lease and property obligations. The Director leads and develops the Asset Management team, directs internal and external partners, and presents portfolio recommendations and major transactions to senior management.

Requirements

Bachelor's degree required; MBA or J.D. preferred.
10+ years of progressively responsible corporate or retail real estate experience, including management of a large, geographically diverse portfolio; big-box retail and shopping center experience preferred.
Demonstrated success developing portfolio strategy and executing complex lease renewals, restructurings, relocations, dispositions, excess-property transactions, and sale-leasebacks.
Proven people leadership experience, including the ability to set direction, develop talent, manage performance, and lead through influence across a matrixed organization.
Strong financial and analytical skills, including the ability to evaluate transaction economics, portfolio scenarios, occupancy costs, and risk-adjusted alternatives.
Deep working knowledge of commercial leases, portfolio administration, real estate taxes, property obligations, and transaction governance.
Exceptional negotiation, executive communication, presentation, judgment, and problem-solving skills.
Strong industry relationships and the ability to build trusted partnerships with internal and external stakeholders.
Ability and willingness to travel based on business needs.

Nice To Haves

MBA or J.D. preferred.
big-box retail and shopping center experience preferred.

Responsibilities

Develop, recommend, and execute the Company's long-term real estate portfolio strategy in alignment with enterprise priorities, financial objectives, and operating needs.
Establish annual and multi-year Asset Management priorities, performance measures, approval protocols, and reporting for the portfolio.
Use market, financial, lease, and operating data to identify value-creation opportunities, occupancy risks, critical lease events, and recommended actions.
Lead portfolio reviews and present strategies, major transactions, financial implications, and risk-mitigation recommendations to senior management and approval committees.
Lead, coach, and develop Asset Management team members, including Asset Manager(s) and Lease Administrators as assigned; set priorities, allocate work, establish accountability, and support succession and capability development.
Provide direction and approval guidance for negotiations, issue resolution, and transaction execution; serve as the executive escalation point for complex landlord, tenant, and portfolio matters.
Create consistent processes, controls, tools, and documentation standards that improve portfolio visibility, decision quality, compliance, and execution speed.
Direct and evaluate third-party service providers, including lease administrators, brokers, attorneys, tax consultants, appraisers, and other real estate advisors.
Lead and oversee the negotiation of lease renewals, amendments, restructurings, terminations, and other complex business and legal agreements.
Direct the sale, lease, or sublease of excess property and lead the Company's sale-leaseback program, including evaluation of alternatives, business terms, approvals, and execution.
Oversee real estate strategy and transactions for distribution facilities and other non-store assets.
Ensure major portfolio decisions are supported by rigorous financial analysis, scenario planning, market insight, and clearly documented business cases.
Oversee any third-party lease administration and ensure the accuracy and timeliness of lease abstracts, critical dates, payments, notices, options, reporting, and related controls.
Direct the management of Company tenants and income-producing leases, including compliance, landlord obligations, receivables, renewals, and issue resolution.
Oversee the payment, review, appeal, and contest of real estate taxes and coordinate related external advisors.
Monitor and resolve portfolio risks involving lease compliance, operating expenses, insurance, property obligations, and other occupancy-related matters in partnership with Legal, Finance, Accounting, Operations, Facilities, and Supply Chain.
Lead cross-functional teams of internal and external attorneys, finance professionals, operators, facilities and construction partners, brokers, consultants, and other subject-matter experts and assure alignment across operations and facilitates on decisions impacting portfolio.
Maintain strong relationships with landlords, tenants, brokers, lenders, municipalities, and industry partners; represent the Company at public meetings and industry events.
Serve as the primary source of portfolio guidance for internal stakeholders and ensure real estate questions and issues are addressed accurately, consistently, and promptly.