Senior Asset Manager

2 weeks ago


Bala Cynwyd, United States Stoltz Management of Delaware Full time

Position: Senior Asset Manager

Supervisor: Chief Operating Officer


JOB SUMMARY:

Real Estate private equity firm with extensive holdings throughout the U.S. is seeking a highly motivated and talented Senior Asset Manager to join its Philadelphia investment team. The Senior Asset Manager is responsible for creating and overseeing customized asset management strategies for investment properties owned by the firm.

Essential Functions:

  • Manage assets in accordance with approved business plans to maximize total returns for assigned assets.
  • Oversee leasing teams, propose strategies for retaining tenants and leasing vacancies, participate/lead negotiations as needed, obtain lease approvals from Senior Leadership as needed.
  • Monitor property operations, review property financials, loan documents, and debt covenant tests.
  • Provide pre-acquisition input and assistance in due diligence process, including review of financial and operational assumptions, and supporting the effort of originating and negotiation of debt financing.
  • Manage coordination of post-acquisition activities and integration of assets into the firm’s ownership portfolio
  • Oversee asset disposition process
  • Travel to properties as needed. Complete market and property inspections, tenant/leasing prospect meetings, meetings with property and leasing investment sales brokers and market contacts. Provide updates to Senior Leadership on opportunities and/or risks identified as well as recent transactions in the market.
  • Support Fund Management reporting needs, Fund Raising efforts and Investor Relations as needed.
  • Perform other duties as assigned

Qualifications/Requirement:

  • BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement with MBA preferred
  • Private Equity / Leveraged Real Estate experience a must
  • Five to ten years of prior experience in commercial real estate asset management. .
  • Experience in commercial property management/leasing/operations desirable
  • Proficiency with modeling investments in both Argus and Excel
  • Proven technical skills in real estate asset management, real estate brokerage, property management, underwriting, business plans, budgeting, transaction negotiation and marketing.
  • Strong analytical and organizational skills
  • Ability to multi-task
  • Highly developed verbal and written communication skills
  • Ability to work independently and as part of a team
  • Proactive thinking with detail-oriented and creative problem-solving approach


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