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Vice President, Asset & Development Management

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
San Francisco
Postal Code
94111
Country
Afghanistan

This job is no longer active.

Description


This is an exciting opportunity to oversee day-day asset management for a sizeable industrial portfolio, comprised of 6.4M square feet across 26 assets and predominantly located in the West Coast, with strong client interest in expanding the portfolio over time.  The Vice President will have direct responsibility for the execution of strategic business plans across core, core plus and value-add risk categories.  The ideal candidate will have experience working independently and will enjoy having day-to-day autonomy, while working in a collaborative environment.  The Vice President will be supported by an Analyst and will report directly to the Senior Portfolio Manager.  This is both a qualitative and quantitative position. Seven to ten years of direct real estate industry experience is required with specific experience in the industrial sector.  Strong analytical ability, critical thinking and written skills are also necessary.

 

Primary Duties and Responsibilities:

  • Direct responsibility for day-to-day management of a portfolio of industrial properties held by a closed-end separate account
  • Lead preparation and execute various asset management duties for assigned properties, as well as the overall portfolio, including development of annual strategic plans, budgets, financial projections, leasing and marketing plans, capital plans and cash management decisions
  • Drive leasing activity and negotiate all leases with the focus to maximize revenue and returns
  • Establish solid relationships with local leasing brokers and major tenants
  • Negotiate and facilitate the documentation of various contracts, including tenant leases, management and vendor contracts
  • Engage and direct third-party property managers and leasing teams in development of annual operating budgets, including capital and leasing plans
  • Attend construction meetings, review draw requests, and oversee tenant improvement, capital and make ready work through third-party lease-up and stabilization
  • Provide acquisition input and assistance in due diligence process, including review of financial and operational assumptions
  • Manage coordination of post-acquisition activities and integration of assets into the ownership’s portfolio
  • Help establish policies and procedures through best practices

 

Skills and Competencies:

  • All candidates must have a BA or BS degree from an accredited institution, preferably in real estate, finance, business, accounting, economics or related area.  Must have strong academic credentials
  • Candidates should have 7-10 years of direct real estate industry experience including specific industrial and leasing experience
  • Experience communicating with clients, tenants, joint venture partners, construction consultants, brokers, legal and risk management professionals
  • Strong writing skills, verbal interpersonal/communication skills and quantitative skills, with demonstrated analytical and problem-solving ability
  • Strong organizational skills and attention to detail including an editing eye, with the ability to prioritize and manage multiple projects simultaneously
  • Ability to function both in a team-oriented setting, and independently
  • Strong sense of personal motivation, responsibility, and entrepreneurship
 

Job Sector


 

Experience


7+ to 10 years


This job is no longer active.

Corporate Real Estate Industrial San Francisco Full Time Asset Management, Development, Finance Vice President, Asset & Development Management other