Real Estate Asset Management Associate

Sixth Street Opportunities Partners, L.P.•Dallas, TX

10h

About The Position

The U.S. Real Estate Asset Management team works to maximize the value of the U.S. Real Estate portfolio through hands-on asset management and detailed, accurate, actionable reporting. The broader U.S. Real Estate team seeks strong risk-adjusted returns through investments in platforms, portfolios, individual assets, and loans across sectors. This role supports the expansion of a strategic and fast-growing business line. This full-time associate role specializes in U.S. Real Estate and is based in Dallas, San Francisco, or New York City. The associate reports to the Head of Asset Management for U.S. Real Estate and collaborates with U.S. Real Estate team members on portfolio asset management.

Requirements

Strong finance and modeling skills, ideally within real estate.
Commercial and results orientation.
Team orientation and influencing skills.
High trust and integrity.
Strategic and entrepreneurial mindset.
Strong organizational, interpersonal, and communication skills.
Ability to perform analysis, frame complex scenarios, and provide clear, substantive recommendations.
Outstanding initiative and comfort working as a self-starter.
Ability to multitask and maintain composure in a high-volume environment.
Strong sense of urgency and ability to execute quickly and efficiently with attention to detail.
Strong verbal and written communication abilities.
Structured problem-solving ability, including synthesizing sophisticated information from varied sources into implementable recommendations and solutions.
Ability to collaborate effectively across multiple teams.
Strong prioritization and project management skills.
Comfort working in a high-growth, iterative environment.

Nice To Haves

At least 3 years of proven experience originating or investing in and/or asset managing commercial real estate equity and/or credit positions across a variety of asset classes.
Experience in multiple geographies and across the capital stack; equity experience is most critical to success in the role.
Strong proficiency in Excel and Argus.

Responsibilities

Develop an ownership view of assets and positions, markets, and business plans for each investment.
Monitor positions, review borrower and partner reporting, and flag key issues.
Serve as a key day-to-day contact for operating partners, borrowers, and service providers.
Participate in standing calls with partners and borrowers for each investment or position.
Perform ad hoc analysis for asset management decisions, including approvals, leasing, capital expenditures, and modifications.
Drive and coordinate internal operations processes, including cash management; recommending and processing distributions and contributions; reviewing and processing construction-deal draws; and coordinating document review, negotiation, and execution.
Drive quarterly firmwide processes, including Valuation Committee and Portfolio Review, with senior asset management and deal team members reviewing and approving valuations and materials.
Assist with establishing key asset management processes at the outset of new investments and originations.