Asset Manager
2 months ago
We are offering an opportunity for an Asset Manager to join our team in the Real Estate & Property industry located in Concord, California.
Summary of Responsibilities:
Marketing:
- Maximize cash flow by maintaining full occupancy at fair market values.
- Market properties to brokers and prospective tenants via monthly email blasts and platforms (Costar, Loopnet, Crexi).
- Create flyers, floor plans, and modify for tenant improvements.
- Build and maintain strong broker relationships.
- Track market data to ensure competitive pricing.
Lease Negotiations:
- Manage lease processes: marketing, tours, LOIs, negotiations, and drafting documents.
- Collaborate with legal on lease terms and ensure accurate database input.
- Negotiate and track commissions for brokers.
- Ensure compliance with loan covenants and manage office leases.
Property Management:
- Oversee property management teams and functions.
- Address major maintenance, tenant issues, and emergencies as Senior Property Manager.
- Develop solutions for complex management challenges.
- Regularly review budgets and property operations.
Project Management/New Development:
- Establish timelines and manage lease amendments post-execution.
- Provide input on project planning for future management needs.
Asset Management:
- Communicate major property changes to owners and recommend long-term strategies.
- Manage building sales/purchases and due diligence.
- Oversee appraisals and monitor capital improvement forecasts.
Tenant Improvements/Construction Management:
- Design and oversee tenant improvement projects to ensure timely, budget-compliant delivery.
- Manage smaller turnover projects.
Budgets:
- Approve and administer operating budgets; create turnover budgets biannually.
- Collaborate with the Controller on cash management and fiscal changes.
General Management:
- Ensure operational efficiency and manage staff.
- Oversee invoicing and fee structures.
- Administer the Commercial Café tenant portal for tenant interactions.
Skills:
- Strong negotiation skills/interpersonal skills.
- 10+ years in property management.
- California real estate license (broker preferred).
- Yardi (voyager, ABF, AP).
- Microsoft Suite: Word/Excel/Outlook/SharePoint (intermediate to advanced Word redlining/formatting).
- Adobe PDF (edit, search).
- Adobe photo shop or similar.
- IT familiarity.
- Basic construction knowledge for tenant improvements, capital improvements, major maintenance. Ability to read/interpret original construction drawings and understand basic construction.
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