Global Real Estate, Senior Associate - Asset Management Operations

Job Description

Job ID: JR1908237 Global Real Estate, Senior Associate - Asset Management Operations

Your Future Team

AIG Global Real Estate has been a trusted global real estate equity investment manager of AIG and its affiliate insurance companies since 1987. For over 30 years, we have been sourcing, investing and managing a diversified real estate portfolio.

We are a recognized real estate investor and developer with an active focus on multifamily, office, retail, industrial, hospitality, senior housing, and student housing product types. We have longstanding relationships with a deep network of high-quality, institutional real estate operators and developers. We are advantaged in terms of our broad footprint with national and multinational execution capabilities.

Our diverse team of professionals has extensive real estate knowledge and has executed on a full-range of investment opportunities for decades.

For more details, please check our website at: https://www.aig.com/globalrealestate

Your Contribution at AIG

• This person will be working on the asset management of existing portfolio of operating multifamily properties, including those in lease up or stabilized in the West Coast region.  This will include preparation of asset reports, market research analysis, and site visits.
• Review monthly and year-to-date property and portfolio operating performance comparing actual to budget/pro forma variances. Recommend methods to reduce variances and improve performance.
• Review property budgets by property management companies and make recommendations to improve cash flow and value.
• Physically inspect each property at least twice annually, or as needed. Review the physical structure for unusual deterioration or mismanagement.  Analyze neighborhood, market conditions, trends and their impact on the property.
• Assist in the preparation of investment recommendation reports for new construction and rehabs to include an evaluation of the surrounding marketplace, demographics, , the developer and manager’s capabilities, the proposed physical improvements and the operating pro forma of the property.
• Assist in the periodic review property management company qualifications and evaluate on-site management personnel and their supervisors.
• Maintain effective lines of communication with all partners, managing agents and internal departments and comply with management policies and procedures.
• Maintain awareness of industry business practices by participating in local, regional and national real estate associations, and governmental agencies.

What we are looking for

• Bachelor’s degree required.
• Ideally 5 years or more of multifamily experience.  Regional manager experience a plus.
• Excellent management and leadership capabilities.
• Strong working knowledge of property management, finance, and property operations.
• Solid analytical skills and investment acumen.
• Motivated and possesses excellent verbal and written communication skills. 
• Highly developed interpersonal skills and abilities demonstrating confidence in building and effectively maintain relationships with clients, partners, and co-workers.
• Skilled with spreadsheet analytical software and have a working knowledge of Excel, Word, and other PC based software.
• Willingness to travel required.