Job Description
Our SelectLeader's client is a commercial real estate development and investment company headquartered in Austin, Texas. Their investment and development process centers on high growth submarkets in the path of progress. These investment opportunities – difficult to identify without strong local knowledge – provide unmatched value and attractive pricing to their equity investors. Their team’s CRE expertise spans the full spectrum from deal origination to development and commercial brokerage, giving them a critical edge in the competitive marketplace. They leverage their local resources and in-depth knowledge of the Austin, Texas real estate market to identify and track path of progress opportunities through:
● Tracking corporate relocations and talent pool advancement
● Following residential data trends and market movements
● Maintaining direct dialogue with market participants to get the pulse of the industry
● Viewing real estate investment through a corporate site selection lens
Location
This candidate will be expected to report to the East Austin Headquarters daily.
The Role
This role will report directly to the firm's Founders. This position provides an exciting opportunity to collaborate with the Real Estate Investment and Development teams to develop and execute strategic, data driven real estate decisions that optimize their commercial real estate portfolio. You will join a growing firm that is poised to take advantage of the exceptional economic and population growth across Texas. This position offers a flexible schedule, and can require long hours.
The Responsibilities
● Support the Partners and Associates in their day-to-day work, which shall encompass financial, diligence and administrative responsibilities.
● Manage third party Property Managers and Leasing Agents to maximize value of industrial, retail and office portfolio
● Monitor and analyze asset performance by identifying opportunities and risks, and then executing plan to optimize performance
● Develop financial reporting with property management team to share with investors and lenders
● Prepare annual Property budgets and forecasts for investments, along with annual CAM reconciliations with third party vendors
● Drive lease negotiations and renewals to maximize occupancy percentage, Net Operating Income and cash flow
● Provide regular timely reporting and communication to internal and external stakeholders
● Support acquisition and disposition initiatives, including diligence, financing and closing
The Ideal Candidate
The ideal candidate will have strong analytical, organizational, and communication skills and a desire to execute value-add strategies across a unique portfolio of industrial, retail and office assets. They must be a self-starter with a proven track record of asset optimization, as well as the following:
● Undergraduate degree in a real estate, finance, accounting, economics or related field
● 5+ years of experience in a commercial real estate asset management role
● Must have experience in non-residential assets including industrial, retail and office property
● Strong financial and analytical skills including proficiency in Excel and Argus
● Ability to prioritize tasks and meet deadlines in a fast-paced high-growth environment
Benefits/Compensation
● Unparalleled experience to build up a multi-asset type portfolio across Texas
● Competitive salary
● Health, Dental and Vision Insurance
● Paid vacation
● Granted profit sharing in each real estate deal
Company