Senior Director, West Coast Residential Asset Management

Tishman Speyer•New York City, NY

27d•$225,000 - $300,000

About The Position

Senior Director, West Coast Residential Asset Management Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

Requirements

8+ years of residential asset management experience, or related property management, with history of being able to handle interesting and challenging assignments, such as new development, property repositioning, and learning new markets.
BS degree in business, finance, economics, or real estate desired.
Strong oral written communication skills, including the ability to present to senior management and investor groups.
Time management/organizational skills including ability to prioritize work to consistently meet deadlines.
Proficiency in Word, Excel, and Argus Enterprise; with strong financial modeling and analytical skills.
Proven ability to manage multiple complex assets and initiatives independently in a dynamic environment.
Strong knowledge of property operations, capital planning & execution, and financial metrics such as IRR, NPV, and cash-on-cash returns.
Experience with legal documents and relevant real estate protocols (e.g., management agreements, JV documents, capital contracts, HOA documents, etc.).
Team-oriented with excellent interpersonal skills and a collaborative leadership style.
Willingness to travel, including overnight stays.

Responsibilities

Work hand in hand with the Head of Residential and other senior Asset Managers on driving the overall growth of the Residential platform
Develop and execute annual budgets and asset-level business plans aligned with portfolio strategy and investment objectives.
Continuously refine asset strategies based on performance, market trends, and evolving investor goals.
Be active in the use of data & data analysis to better understand performance and comparative benchmarking.
Provide on-going direction to our 3rd party managers and related vendors as it relates to operational performance, strategy and initiatives.
Manage and oversee third-party vendors, project engineers, and tax consultants, ensuring alignment of scope, cost control and operational efficiency.
Ability to coordinate, direct and oversee capital projects, employing good communication with engineering support and our 3rd party management firms.
Partner with the Transactions Team from underwriting through closing to support smooth asset transitions and informed investment decisions.
Drive appraisals, refinancing, and disposition processes with strategic recommendations and financial analysis.
Provide regular updates to investors, supplemented by concise written communications as needed.
Conduct hold/sell analyses and valuation reviews to maximize long-term asset value and returns.
Coordinate with accounting to ensure accuracy in monthly and quarterly financial reporting, including variance analysis.
Collaborate with joint venture partners to implement strategic initiatives that drive value and enhance performance.
Engage in knowing about relevant and up & coming Property Technology (Prop-Tech), residential sector issues and ESG initiatives.