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Regional Asset Manager

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Newton
 MA
Postal Code
02458
Country
United States

This job is no longer active.

Description


Entrepreneurial, Boston Area, Real Estate Investment firm is seeking a seasoned real estate professional to lead the Asset Management function for its existing portfolio of office and industrial assets (+/- 3.2 million square feet), while also assisting the Firm's partners with new property acquisitions, underwriting, due diligence, and closing. Additional duties may include investor relations and/or interfacing with investment partners.

 

Ideally, we are seeking an individual with a solid, hands-on understanding of the “bricks and sticks” of both the office and industrial product types of commercial real estate, along with strong financial background and understanding of the valuation metrics that impact real estate investment. This candidate must be able to value real estate with financial models and be proficient with ARGUS (or in the right scenario learn ARGUS quickly).

 

Our ideal candidate is someone with 7-15 years of prior experience in the finance sector with a significant portion of that specific to real estate or real estate related investments. This candidate is likely someone either at or below the VP/Manager level today who is looking to take the “next step” with a growing organization. We are looking for a candidate that is entrepreneurial, detail oriented, can contribute value to our organization through all facets of the business, with strong leadership skills, and who can demonstrate to the partnership that they are a long term contributor to the growth of the Firm.  
 

Responsibilities include but are not limited to:

 

  • Interface with our Property Managers to align their hands on management of each property with our corporate business plan for each investment, including collaborating on the creation of the annual budget, review of their monthly reporting, construction management, leasing etc.
  • Interface with the local brokerage community to manage any leasing that will periodically occur at our properties.
  • Interface with our lenders on each Property to ensure that key dates and financial hurdles are maintained.
  • Assist the Firm’s Partners with acquisitions of new properties and deal structuring, including underwriting, due diligence, and closing.
  • Maintain contact and relationships with potential deal sources including brokers, owners, and developers.
  • Prepare investment materials and ongoing reporting documents for new and existing investment partners.
  • Research and analyze numerous real estate markets for both existing and targeted properties.
  • Create and prepare computer models for potential acquisition targets utilizing Excel and Argus.
 

Job Sectors


 

Experience


7+ to 10 years


This job is no longer active.

Asset / Portfolio Management Office Newton Full Time MA Asset Management, Investor Relations, Portfolio Management Regional Asset Manager other