Director of Commercial Asset Management

4 weeks ago

San Francisco, California, United States Presidio Trust Full time
Job Summary

The Presidio Trust is seeking a highly skilled Director of Commercial Asset Management to join our team. As a key member of our Business Division, you will be responsible for managing our 2.9 million square foot commercial real estate portfolio. This is a full-time position with a competitive salary range of $184,171 to $207,234, based in the San Francisco Bay Area.

Key Responsibilities
  • Develop and execute an asset management strategy that aligns with the Presidio's three strategic goals: People, Planet, and Performance.
  • Prepare and manage a rolling five-year financial model and budget to optimize the financial performance of the portfolio.
  • Develop annual business operating plans and budgets, and present monthly performance reports to Trust leadership.
  • Leverage financial statements and key performance indicators (KPIs) to identify property and portfolio performance, and collaborate with team members to make necessary improvements.
  • Direct the Trust's third-party commercial property management company, ensuring efficient day-to-day operations and compliance with property management contracts.
  • Lead and collaborate with the internal leasing team to manage marketing, tenant underwriting, lease negotiations, and occupancy strategies.
  • Responsible for the operation, maintenance, and replacement of assets within the portfolio, in accordance with Presidio Trust policies and procedures.
Requirements
  • Bachelor's degree in real estate, business, finance, urban planning, or related field.
  • Minimum of 12-15 years of experience providing asset management services to large mixed-use portfolios.
  • Expertise in financial analysis, budgeting, forecasting, and understanding of financial performance metrics.
  • Proven track record of managing leasing strategies, negotiating commercial leases, and maintaining tenant relationships.
  • Experience supervising third-party property management firms.
  • Excellent leadership and interpersonal skills.
  • Excellent verbal and written communication skills.
Preferred Qualifications
  • MBA with concentration in real estate, business finance, urban planning, or related field.
  • Experience managing historic properties or properties in a campus.
  • Experience with historic building rehabilitation projects.
  • Experience with Yardi Voyager software.

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