Asset Management Associate

Job Description

• Compensation and Benefits: 
  • Competitive pay 
  • 401K company match  
  • Medical, Dental, and Vision Insurance  
• Work-Life Balance: 
  • Hybrid work model 
  • 20+ paid days off annually 
  • 13+ paid holidays in addition to PTO 
  • Paid parental leave 
• Career Development: 
  • Industry-leading training and development 
  • Open door policy  
  • Industry trade shows and event access 
  • Mentorship program

• Perform a wide range of analyses including: dispositions, refinancing analyses, valuations, sell/hold analyses, leasing NPV/NER, and other ad hoc analyses
• Lead monthly Joint Venture Partner calls and ad hoc calls/meetings
• Analyze operating budgets, capital plans and reforecasts
• Monitor property performance throughout the redevelopment cycle in support of critical capital market events
• Review monthly financial reports, perform variance analysis, identify and report trends, red flags, etc.
• Create, implement, and maintain various reports tracking property operations and performance across all vertical departments
• Develop and maintain sophisticated dashboards, financial models, templates and analyses to monitor assets relative to each business plan and budget
• Respond to Lender, JV Partner and/or Senior Management requests relating to asset performance and statuses. Review Lender covenant calculations for accuracy and input
• Prepare and update monthly cash flow forecasts with new/updated property and portfolio level information
• Evaluate and determine monthly distributions and/or capital calls for Senior Management and JV Partner approval
• Prepare materials for partner meetings
• Evaluate and facilitate loan advance or escrow draw requests
• Organize, oversee and review the annual property operating budgets and business plans for portfolio
• Direct and oversee the work of the Asset Management Analyst

• Ability to collaborate with all departments to accomplish the team's objectives in a growing portfolio
• Well developed and effective communication and interpersonal skills
• Ability to persuade and influence in order to get all parties’ buy in
• Hands-on and ready to pitch in on whatever is needed
• Service first attitude
• Proactive, energetic with a creative disposition
• Problem solver and resourceful
• High sense of urgency

• College degree in Business or Finance with related real estate experience
• 3-5 years of experience with an understanding of retail asset types
• Strong skills in financial analysis and modeling
• Experience with Argus required
• Advanced Excel skills