Benefits

Job Description

OUR PURPOSE

Prometheus Real Estate Group, Inc. is the largest privately held owner of multi-family properties in the Bay Area, with a growing portfolio that includes 13,200 apartments in San Francisco Bay Area, and in the Portland and Seattle region. The portfolio includes over 1.2 million square feet of premium office and retail space throughout the San Francisco Bay Area and the Pacific Northwest. Our properties include a diverse mix of office, retail, and mixed-use properties, with a focus on creating vibrant spaces that complement and strengthen the neighborhoods we serve. Our strategy is to buy and hold and build and hold. We are currently in the process of building our $2 billion development pipeline concentrated primarily in top locations in Silicon Valley and Seattle, near transit, shopping, and world class technology employers.

YOUR ROLE AND IMPACT

Our team is looking for an experienced Asset Management Associate for our Commercial Office. Supporting the Vice President of Commercial Operations in advancing the leasing efforts and asset performance of the commercial and retail portfolio, this role will coordinate work with a wide array of internal and external team members, including property operations, development, acquisitions, construction management, marketing, attorneys, and general contractors. This candidate will also assist and developing and maintaining financial reports that analyze and monitor the performance and operation of all commercial assets. This is a unique opportunity for broad experience and exposure to all facets of the commercial and retail real estate business.

Facilitate weekly meetings with leasing brokers and act as the primary point of contact for follow-up items.
Support all phases of leasing efforts by processing lease documents, creating LOD/Work letters, coordinating space plans with architect/tenant, and working with general contractors and construction managers to obtain construction budgets.
Negotiate lease terms and contracts. Coordinate and manage various internal and external resources and consultants (e.g., attorneys, contractors, etc.).
Maintain deal monitoring and tracking, communicating key deal terms, and identifying any execution risks, and overcoming hurdles.
Assist in preparing and updating all marketing materials, including property flyers and websites.
Prepare financial analysis of every transaction for executive team approval.
Support the commercial team’s reporting efforts by tracking financial forecasts, monitoring budget performance, updating lease occupancy and availability.

JOB QUALIFICATIONS

Bachelor's degree, preferably in real estate, finance, or related field.
5+ years’ relevant experience with familiarity with commercial real estate leases and negotiating lease term sheets.
Sound understanding of Excel and be a highly proficient user of Yardi Commercial Suite software (Voyager Commercial, Deal Manager, Forecast Manager).
Detail-oriented, resourceful with strong organizational, project management and abilities to manage multiple properties and projects.
Able to prioritize, multi-task, and meet deadlines effectively.
Excellent communication and interpersonal skills to manage relationships internally and externally.
Problem-solver who can thrive in a fast-paced environment.
Strong understanding of commercial real estate market dynamics and investment strategies.
Proven experience in lease negotiations and tenant management.
Financial analysis skills, including proficiency in financial modeling.

COMPENSATION AND BENEFITS

We offer a variety of benefits that take compensation well beyond a paycheck. This includes traditional benefits and benefits you might not expect or know about. The provided salary range is based on a number of factors, including location, job-related skills, experience and qualifications.

Compensation

Pay Range: $110,000.00 to $140,000.00 per year
Discretionary Annual Bonus Plan

Benefits & Perks

Fully Paid Benefits Including Eligible Dependents (you read that right, Prometheus pays 100% of healthcare, vision, and dental insurance premiums for all Prometheans and their families)
Life insurance; Accidental Death & Dismemberment Insurance; Long Term Disability
Behavioral Health Program Accessible 24/7
Tax-Free Flexible Spending Accounts
401(K) Retirement Plan with Employer Matching
Recognition & Rewards Program (Torch)
Vacation:10 days per year with accrual increasing over time
Anniversary Vacation Bank Granted at Tenure Milestones
Sick Leave: 9 days per year
12 paid holidays, including your birthday!
Paid Volunteer Time
Housing discounts
Educational Assistance, Tuition Reimbursement, Loan Repayment, and Scholarship Awards
Hybrid Schedule

Learn more about these and other perks of being a Promethean by exploring our full Benefits Guide

Prometheus is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or any other status protected under federal, state or local law. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

If you'd like more information about your EEO rights as an applicant under Federal Employment Laws, please check out these FMLA, EEO, and EPPA pages.

Asset Management

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