Senior Asset Manager
3 days ago
BH Properties is a leading commercial real estate investment firm seeking a highly skilled Senior Asset Manager to join our team in Seattle, WA. As a key member of our operations team, you will be responsible for managing a portfolio of Company-owned assets throughout the greater Pacific Northwest, as well as participating in future acquisitions.
Key Responsibilities- Maximize total return through operational efficiencies and value-add strategies.
- Work closely with third-party property managers, leasing agents, brokers, consultants, and attorneys to provide direction and oversight.
- Participate in scaling the organization to accommodate growth.
- Negotiate new leases and renewals, both in-house and through third-party leasing brokers.
- Perform routine property inspections to ensure properties and vacant suites are show-ready.
- Maintain and expand relationships with existing tenants and develop relationships with new prospective tenants.
- Prepare monthly, quarterly, and annual portfolio reporting for review by senior management.
- Negotiate third-party contracts and oversee implementation of capital improvement and value-add projects.
- Work with financial analysts to perform valuations on a quarterly and annual basis.
- Manage capital improvement strategies and processes, including oversight of construction management activities.
- Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
- Collaborate with the acquisition team in evaluating potential investments and opportunities.
- Bachelor's degree in finance, business administration, or related field with a strong record of academic achievement; graduate degree preferred.
- Minimum 7-10+ years of commercial real estate asset management, principal-based leasing, and/or related experience with a strong background in urban retail centers and office properties.
- Experience in financial analysis, understanding of asset-level financial statements, and demonstrated level of experience in lease management and metrics.
- Knowledge of real estate accounting combined with strong analytical skills.
- Knowledge of design and construction process.
- Experience with Yardi, MS Office 365, MS Excel, and Argus is a plus.
- Highly organized, detail-oriented, and able to manage multiple and concurrent projects to achieve goals.
- Comfortable in a collaborative team-oriented environment.
- Exceptional communication and interpersonal skills.
- 30% travel required.
$175,000 - $200,000 base salary, plus excellent benefits and opportunities for growth and development with a well-capitalized, privately held investment group.
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