| Director of Asset Management
Contact: Sarah Weatherbee
phone: 617-247-0505
sarah@kelleraugusta.com
Location: Boston, MA
Our client, a prominent commercial real estate investment and development firm, is seeking a highly experienced Asset Manager to run all asset management functions as it relates to their commercial real estate portfolio.
This role will be primarily responsible for the management of a diverse portfolio of commercial, primarily office, properties.
Responsibilities:
- Oversee a diverse, growing portfolio of over 4 million square feet utilizing property managers, leasing managers, construction project managers, legal counsel and consultants.
- Help establish and implement strategic plans for each asset.
- Define objectives and execute investment strategy for each asset including leasing, operations, and capital improvements.
- Review, approve and implement operating budgets.
- Conduct quarterly internal asset valuations for all properties.
- Ongoing interaction with the Acquisitions team to ensure that asset investment strategy is consistently maintained.
- Coordinate Leasing, Construction and Property management activities to achieve property objectives.
- Interaction with the Accounting department to ensure accurate reporting, timely data production and audit support.
Qualifications:
Required:
- • BA or BS degree
- Minimum of 5 years as a real estate Asset Manager.
- Minimum of 10 years relevant real estate experience.
- Extensive experience in commercial office leasing.
- Strong real estate analytical, valuation and underwriting skills including a thorough knowledge of Argus and Excel software.
- Solid understanding of property-level accounting and performance.
- Proven experience coordinating construction projects including tenant improvements, building improvements and other capital projects.
- Attention to detail with excellent oral and written communication, presentation and organizational skills.
- Must be a team player willing to coach and mentor junior level staff members.
- Additionally, Travel may be required.
Preferred:
- Experience with Joint Ventures, development, redevelopment and other value-add projects a plus.
- Experience with debt investments and debt management a plus.
- MBA or advanced degree.
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