Goldman Sachs, Commercial Real Estate Asset Manager, Vice President- Dallas

Job Description

The Merchant Banking Division Real Estate Group within Goldman Sachs is seeking to add a Vice President to its Commercial Real Estate Asset Management team in Dallas, TX.  This role will be focused on core, core-plus, and value-add real estate investment opportunities in the United States across office, industrial, and retail property types and invests primarily through commingled funds.  The team evaluates & manages commercial real estate investment opportunities across a range of geographies and risk profiles.

Primary responsibilities will include managing a portfolio of 15+ commercial assets (core to value-add risk profiles) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

• Primary responsibilities will include asset managing a portfolio of 15+ commercial real estate assets
• Formulate and execute asset management strategies to maximize asset performance through knowledge of real estate markets and value-add strategies
• Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits, negotiate commercial leases
• Prepare and present business plans, including financial and asset performance data
• Establish strategic goals for the asset including leasing and disposition strategy
• Support the acquisition of real estate investment opportunities through due diligence and underwriting efforts
• Review and analyze various asset reports from third parties, including monthly PMC operating reports, accounting files, CapEx projections and monthly Rent Rolls
• Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing
• Work closely with internal stakeholders such as Finance, Compliance and Legal

Basic Qualifications

• Strong academic background - 4 year finance, real estate, accounting or math background preferred
• 5+ years of real estate experience with a focus on asset management and transaction experience in multiple commercial real estate product types (office, industrial, etc.)
• Effective management and leadership skills
• Solid analytical/logical mindset and attention to detail
• Strong written and verbal communication skills (clear, concise, and confident) with the ability to manage internal and external relationships
• Must know MS Office Excel to an advanced level
• Extensive experience utilizing ARGUS
• Self-motivated
• Ability to work both autonomously and in a team setting
• Able to work under tight time constraints and extended hours as required