Manager, Investment and Asset Management

1164924
  • Job type

    Permanent
  • Location

    New York
  • Profession

    Property And Facilities Management
  • Industry

    Property & Real Estate
  • Pay

    $175k-$190k base salary

Manager, Investment and Asset Management | $175k - $190k base salary | New York

Job Responsibilities:
• Modeling cash flow scenarios to evaluate economics of potential leases, resultant impact to asset value, & buy/sell/hold recommendations. The role requires exceptional prof. in excel
• Lead analysis & provide analytical insight to portfolio management team using Argus & Excel w/ high degree of prof
• Build, maintain, & oversee stress testing of complex fund models
• Develop & execute business plans for capital improvement projects, including securing necessary funding, & overseeing teams to deliver on project tenders, build out, & adherence to strict timelines
• Act as main point of contact w/ portfolio management team & spend significant time w/ global colleagues across commercial real estate business including acquisitions, asset management & legal & compliance
• Negotiate leases using in-depth understanding of lease agreement clauses (including regional market standards) to promote ownership’s economic interests
• Structure binding lease agreements, by performing analysis of lease proposals & managing the approval process w/ capital partners & lenders, while executing leasing strategy
• Apply knowledge of real estate property management & financials to manage & monitor quality of outsourced services including oversight of property management & leasing teams
• Periodically review & negotiate contracts & agreements w/ vendors & third parties to ensure maximum net operating income (brokers, property managers)
• Closely collaborate w/ property managers during CAM (common area maintenance) financial reconciliations & provide oversight on any tenant financial audits where necessary
• Assist Head of US Commercial in board presentations & formulating strategy for existing & new assets
• Review & interpret monthly financial reports while working closely w/ finance to ensure consensus on performance variances compare to budget
• Involvement in transactions from end-to-end, including research, deal evaluation & structuring, financial analysis (including financial modelling) & deal execution
• Evaluate optimal timing for potential asset dispositions, through active risk management & performance of regular hold/sell analysis of existing assets to maximize fund returns
• Review due diligence reports (financial, legal, technical) for potential asset acquisitions valued in the hundreds of millions of dollars
• Underwrite disposition, acquisition opportunities based on current capital markets & real estate inputs
• Lead in development of business cases & funding requests for large capital projects. This requires exceptional written communication, market knowledge, & established industry relationships
• Collaborate w/ Investment team to identify new investment opportunities, perform due diligence, & lead efforts on major commercial office acquisitions & investment decisions for North America
• Attend industry conferences & participate in panels to facilitate investment
• Lead preparation & review of reports detailing asset financial performance, leasing status, rental collections, & progression of capital projects
• Perform property-level market valuations for owned assets & maintain models to support market valuations
• Lead multi-year budgeting process of all US Commercial assets

Minimum Education Required:
• Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate, or a related field, or the foreign equivalent.
• 5 years of experience using financial concepts such as net present value, internal rate of return, discounted cash flows, hold/sell analysis, and other performance-related metrics
• 5 years of experience using Excel and PowerPoint.
• 3 years of experience in commercial real estate asset management and investment.
• 3 years of experience in deal sourcing, underwriting, and executing real estate investments.
• 3 years of performing valuations across logistics, commercial office, and student housing asset classes.
• 3 years of portfolio management and analysis to determine asset class exposure insights and strategies to maximize returns.
• 3 years of experience using Argus software.
• 3 years of experience using accounting software such as SAP reports.

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Talk to Adam Cormack, the specialist consultant managing this position

Located in New York City, 16th Floor, 200 West 41st StTelephone:  2123886704