Asset Manager – New York, NY

Our client is a privately held real estate investment company that has been acquiring value-add properties for over 20 years. Guided by an innovative investment strategy and an unwavering emphasis on integrity, they have earned a reputation as one of the most dynamic firms in their industry.


Their strategy involves identifying properties with substantial upside while unlocking their value through strategic developments and experienced management. This process has been at the core of their success since their founding.


Our client has experienced exponential growth over the years due to its varied real estate ventures. Regardless of the economy's cycles, they have proven their stability by successfully realizing substantial profits from their numerous investments.

 

Our client draws upon the strength of an impeccable family name combined with top-of-the-line talent. They have always prided themselves upon employing a motivated and hard-working crew. Through its excellent team work and dynamic energy, their professionals have orchestrated incredible investment opportunities. An industrious and hands on group, the team members work aggressively to earn top returns for their investing partners.

 

Principal Objective of Position

The primary function of the Asset Manager is to assist in all aspects of the administrative, financial, capital and operations of the assigned portfolio of properties nationally.

Essential Functions:
• Oversee all third party property managers and leasing agents assigned to the portfolio nationally.
• Propose goals and objectives for each property.
• Assist in the preparation and approval process of property operating budgets.
• Monthly, quarterly and annual reporting of the portfolio.
• Monthly review of operating statements.
• Assist in the due diligence and underwriting of potential acquisitions.
• Financial analysis, market studies and industry standard reporting (i.e. variance reporting, discounted cash flows, IRR’s, etc.)


Contacts and Liaisons:
This position comes in regular contact with senior management, vendors, etc. Diplomacy, tact, and a helpful, positive, professional presentation and attitude are required.


Training/Education:
Bachelors Degree preferred with a concentration in business, finance, accounting and/or real estate.


Experience/Skills:
• Exposure to the retail asset type is a must.
• Minimum of five years of proven experience in asset management.
• Computer literacy sufficient to operate spreadsheet and word processing applications (i.e. Microsoft Excel, Microsoft Word, Microsoft Powerpoint).
• Working knowledge of Argus and Yardi 5.0/6.0
• Ability to work with financial concepts and perform financial analysis including ROI, IRR and discounted cash flow modeling.


Candidates are encouraged to confidentially submit backgrounds or inquiries to:

 

Chad Metz
Senior Vice President
Keystone National Search Firm, Inc.
(412) 265-1690 ext. 1
chad@keystonensf.com



 

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