Real Estate Asset Management Specialist
2 weeks ago
JOIN OUR TEAM
Bridge33 Capital is an expanding, vertically integrated real estate private equity firm with a focus on open-air retail properties. The Company has recently achieved a significant milestone in its fundraising efforts.
We are seeking to recruit a Real Estate Asset Management Specialist who plays a crucial role in the Company's expansion. This position involves assisting the Asset Manager in developing and executing strategies for a designated portfolio of properties, contributing to the enhancement of the asset management framework.
MISSION
We cultivate relationships and generate value where others may overlook.
KEY PRINCIPLES
Collaboration is Key | Service Orientation | We prioritize empathy and humility | We maintain a positive outlook | We embrace accountability and strive for results.
ESSENTIAL RESPONSIBILITIES
Assist the Asset Manager in maximizing the asset's lifecycle returns through comprehensive asset management and a continuous focus on value enhancement.
Oversee the creation of data and analysis related to asset-level cash flow models, budgets, existing net operating income (NOI), property valuations, lease evaluations, hold/sell assessments, and various ad-hoc financial analyses for your assigned assets.
Support the Asset Manager in developing and implementing both short-term and long-term asset strategies while aligning with the broader strategic goals of the organization.
Daily tasks include aiding the Asset Management team in managing asset-level cash flows, providing financial insights for decision-making, onboarding new properties, and overseeing the business plan.
Assist the Asset Management team in identifying projects at risk and proposing corrective measures to senior management.
Perform additional related duties as assigned.
QUALIFICATIONS:
2-4 years of experience in commercial real estate asset management or equivalent experience in the retail sector, with the ability to evaluate the physical condition of properties, their marketability, and management.
- Proficient in advanced Excel modeling for financials and cash flows.
Demonstrated capability to work independently, take initiative, prioritize tasks, follow through on assignments, adapt to changing conditions, and make recommendations supported by analysis.
Adept at presenting data-driven analyses to management.
Self-motivated with a collaborative working style, a strong work ethic, and a proactive attitude.
WHAT WE OFFER:
A fast-paced and dynamic work environment with frequent interaction with senior management.
Flexible time-off policy.
Company-sponsored medical, dental, and vision insurance.
Company-paid life insurance.
Company-paid short and long-term disability insurance.
Paid parental leave.
401k plan with company match.
11 paid holidays.
The annual base salary for this position ranges from $81,191 to $123,000, with eligibility for an annual discretionary bonus based on individual and company performance.
Bridge33 is committed to providing equal employment opportunities to all employees and applicants, prohibiting discrimination and harassment of any kind based on various protected characteristics.
Bridge33 is dedicated to ensuring access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, services, programs, and activities.
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