Senior Director of Asset Management

5 days ago


Costa Mesa, United States RETS Associates Full time

RETS Associates, on behalf of our client, is seeking a Senior Director, Asset Management to lead and oversee the financial performance and business planning of their $3B+ west coast shopping center portfolio. The VP reports to the COO and works across their platform with Executive Leadership, Investments, Leasing, Property Management, and Finance/Accounting. The Senior Director will work from their Newport Beach office.


Responsibilities

  • Create and implement comprehensive business plans for each asset aligning with investment objectives.
  • Identify opportunities to enhance asset value, including repositioning, redevelopment, and tenant mix optimization.
  • Drive quarterly portfolio review presentation and strategy sessions involving leasing, property management, and construction.
  • Monitor the financial performance of each asset relative to expense forecasting, leasing plan, and capital budgets.
  • Prepare lease-related financial analysis such as NPV analysis, payback, and health ratio.


Qualifications

  • 10+ years of experience in commercial asset management, space marketing, lease negotiations and administration, with emphasis on retail property.
  • Bachelor’s degree in business management, finance, real estate, or related discipline.
  • Understands budgeting and allocation of costs and basic principles of RE finance and investment.
  • Strong leadership and excellent oral and written communication skills.
  • Ability to travel as needed.


If you have strong retail asset management experience and are interested in this opportunity, please apply through LinkedIn.


Compensation: $175K+ Base DOE + Bonus



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