Asset Manager

Job Description

Company Summary

Akelius is a Swedish based real estate firm with 50 000 apartments in Canada, Denmark, England, France, Germany, Sweden and United States. We offer our concept of Better Living by improving apartments, common areas, gardens and entrances that fit with a contemporary life style. Akelius owns and manages residential properties in New York, Boston, Washington DC, Toronto and Montreal.

Position Summary

Reporting to the Head of New York, the candidate shall take a hands-on leadership approach, providing guidance and direction to all members of his/her branch. The candidate is responsible for and overseeing the company’s real estate strategy for all individual real estate assets within their portfolio.

Responsibilities

· Oversee implementation of company’s asset business plan.
· Maximize total return for each assigned asset through analysis of property efficiencies and identifying opportunities for improved performance and value-addition.
· Maximize revenue, control expenses, and enhance value on real estate assets.
· Maintain strong relationships and partner to collaborate on short ,intermediate, and long-term real estate strategies to meet objectives and goals.
· Work closely with and provide direction to Construction Managers, Property Managers, Property Administrators, and Leasing Managers, for business plans, capital budgets, operating budgets, forecasts, lease levels, analyses and approvals.
· Over operations, unit renovations and capital renovations.
· Provide guidance and mentor members of his/her team (branch).
· Negotiate third party contracts.
· Provide valuation models and reports for each asset in the portfolio.
· Develop and distribute periodic asset management reports.
· Travel to real estate locations, and hold internal branch meetings on a regular basis.
· Adhere to internal policies and procedures.

Requirements and Qualifications

· Must have Bachelor’s Degree in Business, Finance, Real Estate or related field
· 3+ year of real estate analysis/ asset management experience with an emphasis in multi-unit residential real estate

· Must have strong working knowledge of Excel

· Must have knowledge of real estate finance terminology and its application in financial analysis
· Strong verbal and written communication skills are required. Able to work as a team a must.

You get

You will work in a motivated, helpful team and entrepreneurial environment.

You get a competitive salary and benefit package that includes 401k plan, medical and dental insurance, vision-care plan, disability benefits, life insurance, fitness and educational allowances, paid sick and vacation time and paid holidays.

You will have great opportunities for growth and career mobility along with opportunities to participate in leadership development programs.