Senior Asset Manager
About The Position
Saglo Companies is seeking a Senior Asset Manager with 50 years of experience in owning and operating necessity-based retail real estate. The company owns and operates approximately 2.4 million square feet across 24 shopping centers. This is a senior role on the Asset Management team where the individual will own a portfolio of shopping centers end to end, including strategy, performance, leasing decisions, capital projects, and reporting. The role offers the opportunity to apply experience from an institutional platform to a nimbler environment, with direct access to senior leadership and the ability to drive decisions. The position will have a real impact on portfolio operations and growth.
Requirements
- 7+ years of progressive commercial real estate experience.
- At least 4 years in asset management at an institutional platform (REIT, private equity, or established owner-operator).
- Direct retail real estate experience is required.
- Demonstrated ability to read, interpret, and apply the logic of complex retail leases, REAs, and related agreements.
- Working knowledge of construction and capital projects, including reading drawings, evaluating budgets, and holding GCs and consultants accountable.
- Strong financial modeling skills in Excel.
- Experience with ARGUS Enterprise and platforms like Yardi or MRI.
- A track record of driving NOI growth and executing business plans across a multi-asset portfolio.
- Excellent written and verbal communication skills.
- Willingness to travel to assets across Florida, Georgia, and Maryland (roughly 15 to 25 percent).
- Bachelor's degree in Real Estate, Finance, Accounting, Business, or a related field.
Nice To Haves
- Shopping center experience is strongly preferred.
- MBA, master's degree in Real Estate or Finance, or CCIM/CPM/RPA designation.
- Background in redevelopment or value-add retail projects.
- Meaningful exposure to construction management, tenant coordination, or development.
- Existing relationships in the southeastern retail real estate market.
- Bilingual English/Spanish.
Responsibilities
- Full accountability for NOI growth, value creation, and execution of the business plan for assigned portfolio of assets.
- Develop multi-year financial models, hold/sell analyses, and value enhancement plans for each property.
- Regularly monitor KPIs (occupancy, rent roll health, sales productivity, expense ratios, NOI, IRR) with proactive identification of gaps and opportunities.
- Conduct site visits across Florida, Georgia, and Maryland to stay close to assets, markets, and tenants.
- Review and approve lease deals in partnership with the leasing team, focusing on economic terms, lease structure, and risk.
- Oversee annual CAM, tax, and insurance reconciliations to ensure full and accurate recovery.
- Act as the asset management lead on capital projects, redevelopments, and TI programs from concept through completion.
- Conduct ROI evaluation and pro forma stress testing for redevelopments, expansions, facade work, parking, and major building system replacements.
- Collaborate with construction teams, property management, architects, and engineers to track cost, schedule, and scope, and escalate variances.
- Perform annual budgeting and reforecasting for assigned assets, including operating and capital budgets, and leasing assumptions.
- Prepare institutional-quality monthly, quarterly, and annual reporting for ownership, investors, and lenders.
- Perform financial modeling in Excel and ARGUS (or comparable) for budgets, valuations, and hold/sell analyses.
- Support acquisitions and dispositions through underwriting, due diligence, and transition planning.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
