Director, Real Estate Asset Management- Housing

TIAA•Newport Beach, CA

2d•$125,000 - $175,000•Onsite

About The Position

The Director, Housing Asset Management job is responsible for maximizing the value of the organization's real estate portfolio through the execution of managing, leasing, development, and dispositions of diversified, domestic real estate investments. With limited oversight from management, this job manages large projects or teams that achieve superior returns on real estate assets through active management and leasing while operating in a highly collaborative environment.

Requirements

Bachelor's Degree Required
3+ years of housing asset management experience

Nice To Haves

5+ years of housing asset management experience strongly preferred

Responsibilities

Manages a portfolio of real estate assets within a specific sector focus, such as housing or industrial.
Ensures property performance contributes to portfolio performance that beats the applicable benchmark.
Oversees negotiations for property management, leasing and construction contracts.
Recommends the investment strategies for a significant portfolio of real estate investments, usually covering more than one region or geographical market.
Monitors the financial analysis/modeling of current and projected performance of property investments to ensure accuracy and report to clients and senior management.
Implements organization initiatives, including environmental, social and governance (ESG) at the asset level
Maintains familiarity with current issues impacting the real estate management business.
Possesses significant knowledge of current real estate market conditions for submarkets in which assets are located.
Uses deep expertise to generates multiple strategies to drive performance or solve problems.
Mitigates asset risk through close interaction with asset management subordinates to ensure property operations and tenant relationships are occurring effectively.