The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Associate, Asset Management, US Industrial

Associate, Asset Management, US Industrial

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90401
Country
United States

This job is no longer active.

Description


 

We are actively searching for an Associate, Asset Management, Industrial (Los Angeles or New York) with primary focus on the Americas. This role will support QuadReal’s wholly owned direct invested portfolio of industrial assets to develop, and execute asset strategy plans and to enhance value, increase returns and position both the assets and the portfolio for growth. This position will also require close collaboration with Valuations, Global Portfolio Management and Regional Investment teams working on variety of projects and will gain exposure to senior leaders within the company. The role will report to the Vice President Asset Management, US Industrial and will be based in New York City or Los Angeles.

 

Responsibilities

  • Lead the development and execution of comprehensive asset strategies including, leasing, property improvements, capital budgeting, risk management, and hold/sell analysis
  • Oversee the annual budget process and internal analyst resources
  • Analyze and compare current and historical financial reporting on key metrics against underwriting and budget
  • Aggregate asset management data and prepare in conjunction with Portfolio Management monthly, quarterly, and annual reporting for clients, senior management and BCI (as required)
  • Monitor property managers performance for compliance with annual budgets and business plans and prepare quarterly updates on asset performance, including progress on strategic initiatives QuadReal Property Group Associate, Asset Management, US Industrial (New York or Los Angeles)
  • Assist in monitoring development and capex projects including closeout procedures with oversight by in-house development team
  • Prepare hold/sell analyses, lease approval memos and other investment decisions in conjunction with the Investment team
  • Collaborate with the Regional Investment teams in the due diligence process for new investments and asset dispositions regarding underwriting assumptions (market rent, rent growth, expenses, lease recovery structure, etc.)
  • Develop in market relationships with service providers to understand an assets competitive positioning relative to rents, lease terms, vacancy, supply/demand fundamentals, and operating costs
  • Travel to assets to meet with onsite property management teams, brokers, tenants, and strategic partners

 

Qualifications and Experience

  • Education– Bachelor’s degree; preferably in Real Estate, Finance, Accounting or a related discipline with strong academic credentials and a passion for real estate
  • Experience – Minimum 3+ years of asset management experience in the real estate industry. Demonstrated experience in analyzing complex investment issues and developing and executing investment strategies to achieve results and mitigate risk
  • Analytical – Strong quantitative and analytical skills; detail-oriented and proficient in building and handling complicated data sets. Demonstrated aptitude manipulating large real estate portfolio and asset level data sets. Adept at synthesizing large quantities of information for concise executive level reporting and risk management.
  • Communication – Excellent communication and presentation skills; demonstrate an ability to effectively communicate and present results that articulate key themes and messages to investment teams, asset managers, and joint venture partners.
  • Organization – Must be able to allocate time effectively and work under pressure to meet tight deadlines, handle multiple demands and competing priorities, and adapt to new ideas and change. Comfortable following direction but also contributing to the direction.
  • Software – Proficient in Excel, Word, PowerPoint. Applicable experience with MSCI and data dashboard creation in Excel and Power BI. Proficient in Argus, Yardi, RealPage or other revenue management/leasing tools preferred.

 

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Industrial Los Angeles Full Time CA Asset Management, Financial Analysis, Portfolio Management Real Estate Asset Manager other