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Senior Director, Retail Asset Mgmt

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Charlotte
 NC
Postal Code
28202
Country
United States

This job is no longer active.

Description


Overview of LMC, A Lennar Company

LMC is a vertically integrated multifamily developer, manager, general contractor and fund manager. Voted as 2016’s #1 Place to Work in Multifamily, the LMC family includes over 450 associates nationwide across 13 regional offices. In 2016, LMC closed the $2.2 billion fund vehicle Lennar Multifamily Venture – the largest ever dedicated multifamily fund in the US. In 2019, LMC closed on Lennar Multifamily Venture II, a $1.3 billion fund. With over 85 communities capitalized since 2011, LMC is one of the top developers of multifamily in the country. We are looking for a Senior Director of Retail Asset Management to oversee our growing portfolio of mixed-use retail which currently entails 262,000 SF with another 250,000 SF in the pipeline.

Primary Duties and Responsibilities

  • Assist development team, retail consultants, property management, accounting and senior management in setting and implementing property level business plans to maximize property value by meeting or exceeding underwriting assumptions
  • Work through any landlord/tenant conflicts
  • Provide analytical support on a wide variety of assignments including cash flow modeling and reforecasting, review of property operating statements and market research
  • Assist in appraisals, valuations, and disposition processes
  • Analyze financial data and reports against budgets and financial benchmarks
  • Manage monthly and weekly reporting, including working with accounting to manage tenant reimbursement calculations, billings and collections
  • Collaborate with other internal business units to analyze vacancy, absorption, rental rates and store sales
  • Assist in underwriting of new development or acquisition opportunities

Experience
  • Minimum of 7 years in commercial real estate, with a focus on retail and mixed-use properties
  • Bachelor's and/or Master's degree in Finance, Real Estate and/or Economics
  • Advanced Microsoft applications experience (Excel, PowerPoint, Word)
  • Must have excellent organizational, interpersonal, quantitative, writing and communication skills
  • Excellent problem-solving skills and results-oriented attitude
  • Ability to work as a team player
  • Outstanding time management skills
  • Self starter and highly motivated with the ability to multi-task
  • Ability to travel as required
 

Job Sectors


 

Experience


7+ to 10 years


This job is no longer active.

Asset / Portfolio Management Retail Charlotte Full Time NC Financial Analysis, Portfolio Management, Property Management Senior Director, Retail Asset Mgmt other