Asset Management Vice President

The Vice President of Asset Management will directly support a Managing Director across all aspects of asset management on behalf of the firm.

Responsibilities include

• Develop and execute business plans for assigned assets, including operating, leasing, capital, financing, and disposition strategies.
• Evaluate hold, sell, refinance, recapitalization, and capital-investment alternatives and recommend strategies to maximize risk-adjusted value.
• Manage relationships with LP and joint venture partners, lenders, tenants, brokers, property managers, legal counsel, and other key stakeholders.
• Lead lease, loan renewal, refinancing, and disposition processes, including the negotiation and documentation of leases, loan documents, purchase and sale agreements, and related due diligence.
• Provide leadership, guidance, and mentorship to the asset management team, fostering accountability, collaboration, and professional development.
• Manage leasing brokers, negotiate LOIs, and coordinate lease documentation to optimize occupancy, rental revenue, tenant credit, and long-term asset value.
• Develop and implement tenant-relations and retention programs for each property.
• Coordinate and oversee third-party property managers, establishing performance expectations and ensuring compliance with approved business plans and budgets.
• Oversee capital improvement and tenant improvement projects, including budgeting, approvals, contracting, scheduling, and execution.
• Lead the preparation and review of annual budgets, forecasts, variance analyses, leasing assumptions, and quarterly asset-management reports.
• Monitor financial and operating performance, identify material risks or deviations from plan, and implement corrective strategies.
• Oversee timely and accurate lender, partner, investor, and internal reporting.
• Oversee annual CAM reconciliations and other tenant recoveries to ensure accuracy and lease compliance.
• Oversee the maintenance and review of Argus models, asset valuations, and cash-flow forecasts using current operating and market assumptions.
• Ensure complete and organized property records, including leases, loans, contracts, insurance, vendor, building, and emergency-procedure information.
• Lead strategic initiatives, research, analysis, and special projects as requested by senior management.

Requirements

• 4-year college degree required.
• 8+ years of asset management experience (office/retail/industrial/multifamily) handling various aspects of ownership and management, including property maintenance and repair, tenant improvements, tenant complaints, vendor contracts, lease administration and enforcement, etc.
• Knowledge and understanding of real estate law, finance, and accounting procedures
• Strong customer service and tenant relation skills
• Extremely strong organizational skills, attention to details and ability to remain composed and flexible
• Self-motivated with ability to follow-through and exercise good judgment; creative, analytical, and resourceful Benefits
• Competitive salary of $175,000–$195,000 commensurate with experience plus annual bonus and equity participation.
• Comprehensive benefits package including health, dental, and vision insurance.
• Retirement savings plan with employer match.
• Paid time off and holidays.
• Opportunities for professional development and career advancement within a growing company.