The Shidler Group is a Honolulu-based private real estate investment company renowned as one of the nation’s leading innovators in commercial real estate acquisition and finance. The company develops commercial real estate acquisition programs using a variety of public- and private-based financial structures to most efficiently invest the capital of the firm’s principals.
Since its formation in 1972, the company has acquired and managed over 2,000 commercial properties across the United States. The company invests using only the capital of the principals. Currently, The Shidler Group is accelerating its focus on affordable multifamily communities and is committed to creating and preserving 10,000 affordable units within the next five years.
The Asset Manager will work directly with the Sr. VP, Asset Management and responsibilities will include:
-Assist with due diligence and underwriting during acquisitions including review of financial reports, market research, service contracts, permits / licenses, management agreements, insurance, engineering and environmental reports
-Oversee, monitor and work with property management to ensure properties are within or exceed budget
-Track capital projects, provide project updates and coordinate with property management as needed
-Prepare monthly reports to investors / lenders, including property financials
-Oversee the annual budget process
-Prepare and present executive summaries for the portfolio including performance metrics, variance reports, and liquidity
-Review loan documents for Borrower Compliance including financial covenants, borrower covenants, reserve funding, etc.
-Evaluate and monitor investment strategy by identifying and analyzing benchmarks
-Education: Bachelor’s Degree required; Master’s Degree preferred
-At least 5 years of asset management experience in an institutional environment.
-Diverse background with office, multi-family, hotel experience preferred
-Proficiency in Argus, Microsoft Office Suite
-Must have an understanding of accounting procedures and financial reports
-Ability to read, comprehend, analyze, and interpret complex business documents, leases, financial reports and contracts
-Excellent oral and written communication skills required
-Strong relationship management and interpersonal skills
This is an exceptional opportunity for the right individual to help lead cutting edge nationwide real estate related investments while based in Honolulu. This position offers an excellent compensation package and potential for growth.
The Shidler Group will provide parking.
No Phone Calls Please.
- Asset Management
- Project Management
- Due Diligence
- Hospitality / Entertainment
5+ to 7 years
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