Real Estate Asset Manager

Integrated Electrical Services, Inc.Sugar Land, TX
60dOnsite

About The Position

The Real Estate Asset Manager is responsible for optimizing IES Holdings' portfolio of owned and leased real estate assets to support the company's operations. This role manages property performance, financial analysis, lease administration, and strategic planning for facilities across multiple markets. The position requires balancing operational efficiency with capital preservation.

Requirements

  • Bachelor's degree in Real Estate, Finance, Business Administration, or related field OR Relevant experience
  • Minimum 5-7 years of commercial real estate experience with focus on asset management
  • Experience managing multi-property portfolios valued at $50M+
  • Proven track record in financial analysis and budget management
  • Experience with residential real estate management
  • Proficiency in Excel, financial modeling, and real estate software (e.g. Argus & CoStar)
  • Familiarity with property management systems and lease administration platforms
  • Basic understanding of real estate tax concepts
  • Strong analytical and problem-solving capabilities
  • Excellent written and verbal communication skills
  • Ability to manage multiple projects simultaneously
  • Valid driver's license and ability to travel 25-30%

Nice To Haves

  • Professional certifications such as CPM, RPA, or CRE
  • LEED AP or other sustainability certifications
  • 8+ years of commercial real estate experience in corporate or institutional settings
  • Background in industrial, warehouse, residential or specialty facility management
  • Experience in electrical, construction, or technology industries
  • Knowledge of real estate accounting principles and GAAP
  • Experience supporting real estate tax planning and analysis
  • Knowledge of tax concepts related to commercial and residential real estate holdings, including depreciation, 1031 exchanges, and property tax assessments
  • Understanding of cost segregation studies and other tax deferral or incentive strategies

Responsibilities

  • Manage and optimize IES's real estate portfolio with a primary focus on workforce housing assets, including both single family and multifamily properties, as well as IES's corporate offices, warehouses, and operational facilities
  • Conduct property performance assessments
  • Develop and execute asset acquisition and disposition strategies aligned with business objectives
  • Prepare annual budgets, forecasts, and variance analysis for real estate portfolio
  • Conduct financial modeling for capital improvements, lease vs. buy decisions, and portfolio optimization
  • Generate monthly and quarterly reporting for senior executives
  • Oversee lease negotiations, renewals, and modifications across the portfolio
  • Manage tenant relationships and coordinate with property management companies
  • Ensure compliance with lease terms and optimize occupancy rates
  • Develop and oversee capital improvement plans and maintenance schedules
  • Coordinate with facilities teams on preventive maintenance and emergency repairs
  • Manage vendor relationships and service contracts
  • Analyze real estate markets to identify opportunities and risks
  • Support expansion planning and site selection for new facilities
  • Provide market intelligence for strategic business decisions
  • Ensure compliance with local, state, and federal regulations
  • Coordinate insurance requirements and claims
  • Conduct comprehensive diligence on all prospective properties
  • Work with the tax department to identify real estate-related tax benefits
  • Provide transactional support for acquisitions, dispositions, and capital improvements, ensuring alignment with tax planning objectives.
  • Maintain accurate documentation of real estate transactions to support tax compliance, audits, and optimization efforts.

Benefits

  • Safety is Priority One
  • Competitive Pay
  • Company 401K plan with Employer Contribution Match
  • Company Paid Time Off
  • Company Paid Life Insurance
  • Choice of Medical Coverage including Prescription and Short Term Disability Plans
  • Choice of Dental and Vision Coverage
  • Optional Long-term Disability, Critical Illness, Accident, Legal and Pet Coverage
  • Auto and Home Insurance Discount Programs
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