Regional Asset Manager
About The Position
Manages and leads a team of professionals who are directing real estate activities such as site location, design, planning, construction, space leasing, property management and maintaining the professional appearance of the interior and exterior of properties. Plans, budgets and schedules department needs and provides oversight to plan and budget for region's facility modifications, including estimates on equipment, labor materials and other related costs. Ensures the optimal utilization of the team's resources. Provides leadership and strategy for real estate assets. Manages and leads the company’s diverse real estate lease portfolio and initiatives. Responsible for conducting market and demographic research, as well as leading site selection and property tours with teams and third-party service providers. Prepares market and initial site analysis, including trends, competition reports, and general site information. Prepares financial analysis to support lease recommendations. Develops and analyzes budgets and financial information for new locations. Ensures lease obligations are fulfilled, documentation and company issues are resolved. Manages real estate location inquiries, suggestions, and requests regarding prospective locations as assigned. Regularly and efficiently communicates with all parties involved in a project (i.e. sponsor, stakeholders, team members, etc.) Communicates resource shortfalls to superiors in a timely manner. Works to establish and maintain relationships with Real Estate Investment Trusts (REITs), brokers, developers, and landlords. Monitors all leasing activity to ensure maximum occupancy and income and manages the tenement process. Responsible for monitoring the property management team. Renders assistance during acquisition and disposition of properties Models a full lifecycle financial analysis for projects/assets in the portfolio.
Requirements
- Bachelor's degree, or equivalent work experience
- 10 or more years of related experience that includes a minimum five years of managing Properties & Facilities Managers or professionals
- Extensive understanding of real estate, with a proven track record of successful real estate transactions across multiple property types is essential
- Current knowledge of industry trends in real estate and development, and a natural desire to understand specific market characteristics; experience of commercial real estate analysis/asset management experience with an emphasis in office and industrial properties may be required.
- Advance knowledge of Microsoft Office software, including Word, Excel, Projects, and Outlook.
- It is essential for asset managers to be entrepreneurial since many of the activities involved, such as negotiations, approvals and lease analysis, require that risks be assumed and forecasts made.
- Strong analytical skills: This skill is essential for evaluating and completing a wide range of real estate transactions.
- To successfully perform the duties of a real estate asset manager, they must possess strong verbal and written communication skills.
- Interpersonal skills: This is needed for establishing and building and maintaining relationship with relevant parties (management, investors, property managers, landlords, etc.)
- Strong organizational skills: This is essential for real estate asset managers to effectively coordinate and manage multiple assignments, as well as prioritize tasks and efforts.
- Highly developed negotiation skills are needed for negotiations with property owners, investors, and significant others
Nice To Haves
- Experience in property management/leasing/operations is desirable
- finance or accounting experience may be required.
Responsibilities
- Manages and leads a team of professionals who are directing real estate activities such as site location, design, planning, construction, space leasing, property management and maintaining the professional appearance of the interior and exterior of properties.
- Plans, budgets and schedules department needs and provides oversight to plan and budget for region's facility modifications, including estimates on equipment, labor materials and other related costs.
- Ensures the optimal utilization of the team's resources.
- Provides leadership and strategy for real estate assets.
- Manages and leads the company’s diverse real estate lease portfolio and initiatives.
- Responsible for conducting market and demographic research, as well as leading site selection and property tours with teams and third-party service providers.
- Prepares market and initial site analysis, including trends, competition reports, and general site information.
- Prepares financial analysis to support lease recommendations.
- Develops and analyzes budgets and financial information for new locations.
- Ensures lease obligations are fulfilled, documentation and company issues are resolved.
- Manages real estate location inquiries, suggestions, and requests regarding prospective locations as assigned.
- Regularly and efficiently communicates with all parties involved in a project (i.e. sponsor, stakeholders, team members, etc.)
- Communicates resource shortfalls to superiors in a timely manner.
- Works to establish and maintain relationships with Real Estate Investment Trusts (REITs), brokers, developers, and landlords.
- Monitors all leasing activity to ensure maximum occupancy and income and manages the tenement process.
- Responsible for monitoring the property management team.
- Renders assistance during acquisition and disposition of properties
- Models a full lifecycle financial analysis for projects/assets in the portfolio.
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
- incentive and recognition programs
- equity stock purchase
- 401(k) contribution and pension
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What This Job Offers
Job Type
Full-time
Career Level
Manager
