Senior Director, Asset Management

2 weeks ago

Denver, United States Virga Capital Full time

POSITION TITLE:

Senior Director, Asset Management


POSITION SUMMARY:

The Senior Director of Asset Management is a key leadership position. The Senior Director will maximize value of the Company’s hotel and multifamily real estate portfolio by providing leadership in the fields of finance, accounting, operations, and third-party property management.


ESSENTIAL FUNCTIONS:

Specific job responsibilities include, but are not limited to:


Asset Management

• Driving on-time and on-budget, market-leading investment results.

• Review and assess portfolio operating performance with great attention to detail in financial reporting and market analysis.

• Oversight of investor distributions, refinance opportunities, and disposition analyses.

• Drive revenue maximization strategies at the property level with third-party property managers.

• Lead annual budgeting with third-party property managers.

• Ensure compliance with loan documents and franchise agreements, and in accordance with financial covenants as applicable.

• Create quarterly asset reports for distribution internally and to third-party investors.

• Conduct quarterly property site visits to inspect physical condition, meet with on-site staff, and ensure company standards are being upheld.

• Audit and develop annual business and operational action plans for each property.

• Oversee capital expenditures and develop capital plans for each asset to drive performance and deliver pro forma returns.

• Appeal property taxes.

• Implement risk mitigation strategies and work with insurance brokers to ensure comprehensive coverage is in place.


Corporate Finance

• Oversight of Virga’s accounting team reviewing monthly close and variance reporting.

• Oversight and delivery of financial reporting to internal and external stakeholders.

• Ability to analyze financial reporting in great detail to drive innovative business strategies and execution.

• Primary contact for corporate banking relationships and existing lenders.

• Oversight of tax advisory team, which will include basis allocation studies, cost segregation, depreciation, and capital planning to optimize corporate and investment level performance.


Acquisitions and Integration

• Lead property acquisitions from contract negotiation through due diligence to closing.

• Onboard and integrate new acquisitions and development projects into asset management workflows and processes.

• Review and negotiate loan documents, mitigating risk for Company and investors.

• Ability to review and negotiate other documents, including but not limited to joint venture agreements, property management agreements, and purchase and sale agreements.

• Perform physical and legal due diligence with third-party vendors and legal team.

• Review and approve initial business plans for potential acquisitions.


YOU WILL BE A GREAT FIT IF YOU:

• Are a self-starter and do not need to wait to be told what to do.

• Are proactive and always thinking several steps ahead to anticipate and solve for problems before they arise.

• Have excellent organizational and communication skills, both verbal and written.

• Have a strong background in and experience with Microsoft Excel and Google Workspace.


SKILLS AND DESIRED QUALIFICATIONS:

• Minimum 5+ years of asset management experience. Experience with hotel operations is a plus.

• Asset management leadership experience gained at a sophisticated investment platform.

• Deep understanding of the hotel investment market and extensive existing network within the industry.

• Ability to think and act like an owner and define and execute asset management strategy, including leasing and property management via third-party providers.

• Comfort level with ambiguity, which does not inhibit decisiveness as appropriate levels of analysis are completed.

• Thoughtful, analytical approach and ability to assign and personally assume accountability.

• Experience with investment due diligence process.

  • Senior Director, Asset Management

    2 days ago

    Denver, United States Virga Capital Full time

    POSITION TITLE: Senior Director, Asset Management POSITION SUMMARY: The Senior Director of Asset Management is a key leadership position. The Senior Director will maximize value of the Company’s hotel and multifamily real estate portfolio by providing leadership in the fields of finance, accounting, operations, and third-party property management....

  • Senior Director, Asset Management

    24 hours ago

    Denver, United States Virga Capital Full time

    POSITION TITLE: Senior Director, Asset Management POSITION SUMMARY: The Senior Director of Asset Management is a key leadership position. The Senior Director will maximize value of the Companys hotel and multifamily real estate portfolio by providing leadership in the fields of finance, accounting, operations, and third-party property management. ESSENTIAL...

  • Senior Director, Asset Management

    3 days ago

    Denver, United States Virga Capital Full time

    POSITION TITLE: Senior Director, Asset Management POSITION SUMMARY: The Senior Director of Asset Management is a key leadership position. The Senior Director will maximize value of the Companys hotel and multifamily real estate portfolio by providing leadership in the fields of finance, accounting, operations, and third-party property management. ESSENTIAL...

  • Senior Director, Asset Management

    2 weeks ago

    Denver, United States Virga Capital Full time

    POSITION TITLE:Senior Director, Asset ManagementPOSITION SUMMARY:The Senior Director of Asset Management is a key leadership position. The Senior Director will maximize value of the Company’s hotel and multifamily real estate portfolio by providing leadership in the fields of finance, accounting, operations, and third-party property management.ESSENTIAL...

  • Zone Asset Protection Director

    6 days ago

    Denver, United States Dollar Tree Full time

    General Summary: The Director for Asset Protection is responsible for the overall shrink/cash performance of the Zone. The Director is assigned to and manages a team of 4 to 9 Regional Asset Protection Managers who support the regions that comprise theZone (Currently, the Company has 6 zones totaling approximately 1350 stores each).The Director possesses a...

  • Senior Asset Management Analyst

    18 hours ago

    Denver, United States Urban Villages Full time

    Job DescriptionJob DescriptionAbout Urban VillagesWe are village builders. We imagine, build, and activate the most extraordinary neighborhoods and transform today’s urban centers into tomorrow’s livable and vibrant villages.As a team of entrepreneurs, environmentalists, artists, developers, builders, and investors, we work at the district level to bring...

  • Senior IT Auditor, Broker Dealer/Asset Management

    2 weeks ago

    Denver, United States Charles Schwab Full time

    Your opportunity The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to figure out whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to...

  • Associate / Associate Director of Multifamily Asset Management

    1 month ago

    Denver, United States SelectLeaders Full time

    Associate / Associate Director of Multifamily Asset Management Onsite Requirements: Opportunity allows for fully remote work with monthly travel to visit portfolio in San Francisco and Denver MSAs. About Granite Capital Group Granite Capital Group (GCG) provides an array of commercial real estate services to accredited investors including sponsored...

  • Associate Portfolio Strategist

    3 days ago

    Denver, United States Chandler Asset Management Full time

    Job DescriptionJob DescriptionDescription:Who are we? We’re Chandler Asset Management, an employee-owned and independent financial services company; our concentration centers on managing taxable fixed income portfolios that are aligned with our institutional clients’ needs. We manage over $35 billion in assets and believe in the philosophy of creating...

  • Senior Property Accountant

    4 days ago

    Denver, United States Solera Senior Living Full time

    About Solera: Love to make a difference in the lives of seniors? At Solera Senior Living we are led by our Core Values which guide our decision-making at every level of our company. We are looking for compassionate individuals who want to join our team! What can Solera offer you? A company that is growing so you can grow too! Ability to be paid immediately,...

  • Asset Manager

    2 weeks ago

    Denver, United States Mark IV Capital Full time

    Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA with a focus on acquiring, developing, owning, and operating commercial real estate assets. The company is seeking an Asset Manager to manage the company’s assets throughout our Colorado region and support future...

  • Asset Manager

    1 month ago

    Denver, United States Mark IV Capital Full time

    Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA with a focus on acquiring, developing, owning, and operating commercial real estate assets. The company is seeking an Asset Manager to manage the company’s assets throughout our Colorado region and support future...

  • Asset Manager

    8 hours ago

    Denver, United States Mark IV Capital Full time

    Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA with a focus on acquiring, developing, owning, and operating commercial real estate assets. The company is seeking an Asset Manager to manage the company’s assets throughout our Colorado region and support future...

  • Asset Manager

    2 weeks ago

    Denver, United States DatamanUSA, LLC Full time

    Job Description Join our client's team as a Asset Manager! This is a new full-time opportunity for one of our clients in Denver, Colorado. The client is a local government agency who is looking for a proactive individual to enhance business processes by analyzing requirements, collaborating with teams, and implementing effective systems solutions. Job...

  • Asset Manager

    1 week ago

    Denver, United States Macdonald & Company Full time

    Macdonald & Company are partnered with a national owner/operator of Affordable Housing to appoint an Asset Manager - Lease Up for their newly stabilized ground-up Multifamily development properties.The firm have an extensive track-record across the United States in delivering attainable housing for middle- and low-income tenants, with a strong mission to...

  • Asset Manager

    1 week ago

    Denver, United States Macdonald & Company Full time

    Macdonald & Company are partnered with a national owner/operator of Affordable Housing to appoint an Asset Manager - Lease Up for their newly stabilized ground-up Multifamily development properties.The firm have an extensive track-record across the United States in delivering attainable housing for middle- and low-income tenants, with a strong mission to...

  • Asset Manager

    1 week ago

    Denver, United States Macdonald & Company Full time

    Macdonald & Company are partnered with a national owner/operator of Affordable Housing to appoint an Asset Manager - Lease Up for their newly stabilized ground-up Multifamily development properties.The firm have an extensive track-record across the United States in delivering attainable housing for middle- and low-income tenants, with a strong mission to...

  • Asset Manager

    2 weeks ago

    Denver, United States Overland Property Group Full time

    Asset ManagerOverland Property Group (OPG) has been developing innovative affordable, historic revitalization and ultra-luxury apartments since 2002. OPG has developed over 70 properties with over 4,000 units across six states. The Asset Manager position reports to the VicePresident of Asset Management. The position will have asset management...

  • Asset Manager

    2 weeks ago

    Denver, United States Overland Property Group Full time

    Asset ManagerOverland Property Group (OPG) has been developing innovative affordable, historic revitalization and ultra-luxury apartments since 2002. OPG has developed over 70 properties with over 4,000 units across six states. The Asset Manager position reports to the VicePresident of Asset Management. The position will have asset management...

  • Senior Property Accountant

    5 days ago

    Denver, United States Solera Senior Living Full time

    About Solera: Love to make a difference in the lives of seniors? At Solera Senior Living we are led by our Core Values which guide our decision-making at every level of our company. We are looking for compassionate individuals who want to join our team! What can Solera offer you? A company that is growing so you can grow too! Ability to be paid immediately,...