Senior Asset Manager - Atlanta Georgia

Real Capital Solutions•Louisville, CO

1d•Onsite

About The Position

The Senior Asset Manager will be responsible for managing a portfolio of properties, establishing strategic goals, and maximizing investment returns. This role involves working independently to manage third-party relationships, analyzing leases, tracking property performance, and preparing reports for senior management and investors. The position also requires assisting with acquisitions, managing asset sales, and coordinating financing processes.

Requirements

Bachelor’s degree in business, finance, economics or related field (and/or a commensurate level of work experience in the commercial real estate arena)
Minimum 8+ years of experience as an asset or portfolio manager and/or commercial analyst with emphasis on office properties
Understanding of commercial real estate structures, models, and metrics
Proficient in MS Excel, MS Word, Power Point at a minimum
Ability to analyze and compare prospective leasing deals based on Net Effective Rent
Excellent communication skills, both written and verbal
Proven organizational skills with attention to details
Excellent interpersonal skills with a professional and dynamic demeanor
Intrinsically motivated and creative
Willing to travel back to the Company’s Louisville office at least one to two times per annum
Ability to comply with company rules and regulations
Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing)
Ability to operate various office equipment including, computer, telephone, fax, copier, calculator
Ability to drive a car, including a valid driver’s license
Ability to write and see things in close proximity
Ability to work independently and refer appropriate matters to supervisor when necessary
Ability to comprehend written and verbal communication.

Nice To Haves

Knowledge of the Atlanta office market a plus
Argus a plus

Responsibilities

Work independently to hire and manage 3rd party relationships for the property (i.e., leasing and property management)
Review and approve all 3rd party vendor contracts
Analyze, negotiate and approve all prospective new and renewal leases
Establish long and short-term goals for each property to maximize investment returns
Track the properties’ occupancy, cash flow, expenses and pending capital items in order to maximize overall performance of each property
Conduct periodic market surveys to ensure that the portfolio is achieving market rates – and make recommendations to Senior Management as necessary.
Develop relationships with key tenants in the portfolio to promote accretive lease expansions, extensions, and other new opportunities. Establish consistent communications with key tenants and regularly report on progress/intel from such interactions.
Perform regular property site inspections to ensure property performance and high standards of leasing, property management and maintenance teams
Help to coordinate the financing and refinancing processes for the portfolio and work with lenders on an on-going basis to answer questions, provide necessary information for DSCR provisions, and get necessary approvals (e.g., on new leasing, capital expenditures and loan draws)
Work with Accounting Manager to ensure that all appropriate loan draw requests are made to lenders
Work with property managers, leasing agents and accountants to create annual budgets for each property
Review cash flow and variance reports on a monthly basis and report any positive/negative trends to Ownership on a quarterly basis
Prepare quarterly update reports for outside investors
Prepare semi-annual Advisory Board summary reports on properties in the portfolio
Assist the Acquisitions Team with underwriting and vetting of key assumptions (e.g., lease rates, absorption velocity, tenant improvement funds, and CapX needs) on properties that will transition into your portfolio
Prepare/update annual strategic/business plans for each property
Work with Finance Department to complete project reforecasts of prospective returns on a semi-annual basis
Manage the asset sale process when necessary for buildings in your portfolio (typically utilizing outside brokerage firms) – this includes obtaining BOVs (broker opinions of value), analyzing the returns at prospective prices and making recommendation to ownership, negotiating the listing agreement and letters of intent, and working with in-house counsel to execute a purchase and sale contract and work toward closing