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Asset Manager

Salary
$125,000-$149,999
Employment
Full Time
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90017
Country
United States

This job is no longer active.

Description


Responsibilities

  • Manage a portfolio of investments with a degree of independence. 
  • Execute investment strategy and understand investment performance measures and metrics.
  • Develop annual business plans to achieve investment strategies that are consistent with client objectives.
  • Prepare quarterly valuations, quarterly investment updates, quarterly cash flow projections and other financial reports.
  • Review and approve property operating statements; share accountability for budgeted results and supports the budget versus actual analysis.
  • Analyze leases and rental rates against market and budget; make recommendations to Portfolio Management on leasing decisions; negotiate leases with support from senior team.
  • Analyze value of capital projects; create plan and make recommendations to Portfolio Management; execute capital plan.
  • Negotiate property management agreements with support from senior team.
  • Support senior team in restructurings, sales and asset financings as required.
  • Understand capital and investment structure and the relationship between property operations and investment performance.
  • Develop strong market knowledge for assigned assets; collect market information including competitive market information.
  • Support Asset Management on assets through data collection, cash flow modeling, competitive analysis, research analysis and annual business plan and budget preparations. 
  • Support Acquisitions on market intelligence and due diligence for new acquisitions.

 

Conduct

  • Work effectively as a member of a team.
  • Develop strong working relationships with Portfolio Managers and members of the Los Angeles Asset Management team.
  • Generate innovative approaches to situations.
  • Implement thorough follow-up and attention to detail.
  • Provide constructive input on improving how the Firm and/or the group functions.
  • Contribute to the professional development of peers and more junior level staff.

Skills/Experience Required

  • BS/BA and a strong academic record with emphasis on real estate, finance, accounting and/or economics required.
  • 4-6 years of direct real estate asset management experience required.
  • Strong analytical and organizational skills.
  • Knowledge of accounting and finance principles.
  • Strong oral and written communication skills.
  • Fluency with Argus AE valuation software and Excel required.
  • Ability to select and efficiently manage the activities of internal resources and third-party service providers
  • Good negotiation skills, presentation skills and a history of successful interaction with clients and partners

Job Function


 

Job Sector


Not specified

 

Experience


5+ to 7 years


This job is no longer active.

Asset / Portfolio Management Los Angeles Full Time CA Asset Management Asset Management Analyst, Private Equity Real Estate other