Asset Manager Jobs

About The Position

Requirements

• Membership in The Church of Jesus Christ of Latter-day Saints and a current temple recommend.
• Bachelor’s degree in finance, accounting, economics, real estate, business, or a related field.
• At least 8 years of relevant experience in commercial real estate asset management, investments, acquisitions, finance, or a related field.
• Experience with industrial real estate asset management, leasing, property operations, and capital planning.
• Strong commercial real estate knowledge and advanced financial analysis and modeling skills, including Excel, cash flow modeling, valuation, budgeting, forecasting, and investment return analysis.
• Excellent analytical, problem-solving, organizational, negotiation, communication, and relationship-management skills, with the ability to independently manage multiple assets and priorities.

Nice To Haves

• MBA, MRED, or another relevant advanced degree.
• Experience with Argus Enterprise, Yardi, or similar real estate valuation, asset management, or financial reporting systems.
• Experience with commercial real estate acquisitions, dispositions, due diligence, lease negotiations, and asset transitions.

Responsibilities

• Manage an assigned portfolio of industrial real estate assets and develop and execute annual business plans, operating and capital budgets, and strategies to improve cash flow, asset utilization, long-term value, and investment returns.
• Analyze financial and operating performance using cash flow modeling, valuation, forecasting, market research, NOI and budget variance analysis, and other quantitative and qualitative methods; identify performance issues and recommend or implement corrective actions.
• Develop and execute leasing and tenant strategies, including lease and renewal negotiations, lease economics, tenant retention, rollover exposure, and vacancy mitigation.
• Identify and execute value-creation opportunities, including capital investments, operational improvements, and repositioning strategies, while proactively identifying and managing asset-level risks.
• Select, direct, and evaluate property managers, leasing agents, brokers, consultants, and other third-party service providers; establish performance expectations and ensure alignment with asset strategies and investment objectives.
• Evaluate, prioritize, and oversee capital improvement projects, including their scope, budget, schedule, investment return, asset condition, leasing impact, and expected contribution to long-term asset performance.
• Conduct property inspections and proactively address property management, tenant, leasing, vendor, capital, and operational issues that could affect asset performance or value.
• Participate in acquisitions, dispositions, and asset transitions through underwriting, due diligence, financial and operational analysis, evaluation of property management requirements, and transition planning.
• Maintain current knowledge of industrial market conditions, including supply and demand, vacancy, absorption, rental rates, development activity, tenant trends, and competitive properties, and incorporate market intelligence into asset strategies and investment decisions.
• Develop and maintain relationships with tenants, brokers, property managers, consultants, municipalities, operating partners, and internal stakeholders to advance asset objectives and resolve complex issues.
• Ensure assets are managed in accordance with contractual requirements, approved investment strategies, organizational policies, procedures, and governance standards, while maintaining accurate and timely asset-level documentation.