Vice President, Light Industrial, Real Estate
About The Position
Support the Asset Management Team in regular oversight of industrial portfolio. Review periodic reports with leasing, occupancy, & trend information and follow up with any questions regarding activity from the prior period. Assist in preparing & presenting annual business plans. Prepare quarterly updates on the financial & operational performance of the properties, highlighting any outliers or notable variances, with explanations of variances. Coordinate with other departments & respond to requests for property-level data and metrics to report to investors, lenders, and partners. Participate in annual operating and capital expenditure budgeting process. Assist in the transition of properties from Acquisitions to Asset Management. Review, evaluate, and make recommendations with regard to proposed lease terms and capital expenditure requests. Review & evaluate monthly P&L’s & operating reports. Review quarterly valuations, including internal fair market values, third-party valuations, and annual appraisals
Requirements
- Master’s degree in Real Estate, Finance & Investment, or a related field, or foreign equivalent degree
- Two (2) years of experience in job offered, or as a Senior Associate, Asset Management, Asset Management Analyst, or in a related occupation
- 2 years of years of real estate asset management experience
- Ability to create and manipulate complex files, analyses, and reports in Excel
- High proficiency in Excel, Argus, Word, and PowerPoint
- Strong qualitative and quantitative skills
- Employment with the company is contingent on the applicant being able to provide proof of eligibility to work in the United States at the time of hire.
Responsibilities
- Support the Asset Management Team in regular oversight of industrial portfolio.
- Review periodic reports with leasing, occupancy, & trend information and follow up with any questions regarding activity from the prior period.
- Assist in preparing & presenting annual business plans.
- Prepare quarterly updates on the financial & operational performance of the properties, highlighting any outliers or notable variances, with explanations of variances.
- Coordinate with other departments & respond to requests for property-level data and metrics to report to investors, lenders, and partners.
- Participate in annual operating and capital expenditure budgeting process.
- Assist in the transition of properties from Acquisitions to Asset Management.
- Review, evaluate, and make recommendations with regard to proposed lease terms and capital expenditure requests.
- Review & evaluate monthly P&L’s & operating reports.
- Review quarterly valuations, including internal fair market values, third-party valuations, and annual appraisals
Benefits
- Competitive medical, dental, and vision insurance
- Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
- Accident and Critical Illness insurance
- Long Term Disability insurance
- Competitive 401(k) benefits
- Pet healthcare savings program
- Member’s Only Healthcare - healthcare navigation
- WellHub - corporate wellness platform
- $10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
- Rocket Lawyer legal benefits
- Reimbursement of professional society memberships and exam fees
- Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
- Parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
251-500 employees
