Self Storage Asset Manager
4 days ago
We are currently partnered with the self storage arm of a top real estate investment manager that is look for a Self Storage Asset Manager to join the team to cover the Southeast and Texas. This is a dynamic role within a top tier real estate organization that will allow the right candidate to have a significant ownership over their real portfolio and the ability to make an impact on the firms asset strategy and profitability.
Key Responsibilities
Asset Strategy & Planning
- Develop and execute strategic business plans to enhance asset performance and value.
- Create annual operating budgets and multi-year forecasts, including revenue targets, capital expenditures, and operational goals.
- Work closely with senior leadership to identify value-add opportunities and cost efficiencies for portfolio assets.
Operational Oversight
- Partner with property management teams to ensure assets are operating at optimal performance.
- Monitor day-to-day operations, leasing activity, and occupancy levels to drive revenue growth and improve NOI.
- Conduct site visits to review operational processes and address performance challenges.
Performance Monitoring & Reporting
- Track asset performance against budgets, identifying trends, variances, and opportunities for improvement.
- Prepare regular performance reports and present findings to internal stakeholders and investors.
- Utilize KPIs, such as occupancy rates, rental income, and expense control, to assess and optimize asset performance.
Capital Projects & Improvements
- Oversee capital improvement projects, ensuring timely completion and adherence to budgets.
- Evaluate opportunities for property enhancements, renovations, or expansions that drive asset value.
Valuation & Analysis
- Support valuations for acquisitions, dispositions, and refinancing activities (preferred but not required).
- Collaborate with finance and investment teams to analyze asset data and market trends.
Stakeholder Collaboration
- Partner with internal teams, including property management, finance, legal, and capital markets, to align asset strategies with company objectives.
- Maintain strong relationships with third-party vendors, property managers, and industry partners.
Qualifications & Experience
- 8-12 years of real estate experience, with at least 4+ years in self-storage asset management.
- Proven success in asset strategy development, operations, and performance optimization.
- Bachelor’s degree in Real Estate, Finance, Business Administration, or related field.
- Strong operational focus with the ability to identify inefficiencies and implement improvements.
- Experience with performance tracking, budgeting, and reporting.
- Proficiency in Excel for financial analysis and performance modeling.
- Knowledge of self-storage management platforms and tools is a plus.
- Excellent problem-solving and decision-making skills.
- Strong communication and presentation abilities, with experience interfacing with senior leadership.
- Ability to travel as needed to portfolio locations across the Southeast and Texas.
Location: Miami, FL or Houston, TX
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