← Back to job listings
BO
Asset Manager - Commercial RE
Buzz Oates · Sacramento, CA, United States
About The Role
- The Asset Manager role drives the financial performance and strategic success of each investment. Representing
- ownership, the Asset Manager maximizes Net Operating Income through sound business strategies and risk
- underwriting. They coordinate across Property Management, Construction, Legal, and Risk Management to align with
- ownership objectives. Asset Managers also maximize the value, performance, and profitability of the company’s real
- estate portfolio while maintaining strong relationships with clients, brokers, and market participants to grow the
- company’s portfolio and industry presence.
ESSENTIAL FUNCTIONS
- Develop and execute business plans for each investment, including budgeting, reforecasting, leasing, capital strategies, cash management, and CAM reconciliations.
- Lead annual property-level budgeting, operating expense estimates, and reconciliations.
- Oversee property-level financial operations, including capital expenditures, building maintenance, tenant
payables, and invoice review.
- Execute leasing initiatives, negotiate LOIs and leases to meet or exceed business plan metrics, and maintain strong
tenant relations through lease administration and operational understanding.
- Manage capital, shell construction, and tenant improvement projects, including budgets, timelines, construction administration, communications, and tenant alteration approvals.
- Conduct market research and maintain industrial product knowledge to ensure competitive positioning, collaborating with brokers and internal marketing teams on leasing and marketing initiatives.
- Prepare and deliver accurate financial and investor reporting for internal and external stakeholders.
- Direct property acquisition and disposition activities, including underwriting, due diligence, market analysis, and Investment Committee Memo preparation.
- Support training of new Asset Managers and Real Estate Analysts on systems, processes, budgeting, leasing, and department procedures to ensure consistency across the team.
- Collaborate effectively with internal team members and departments and respond to ad hoc information requests in a timely and professional manner.
- Bachelor’s degree required; advanced degree or specialized training a plus
- 5+ years as an Asset Manager or 10+ years relevant real estate experience
- Proficiency in financial and economic concepts
- Training in accounting and company-specific software
- Strong working knowledge of Microsoft Office Suite
- CA Real Estate License
CORE COMPETENCIES
- Integrity
- Analytical thinking & financial modeling
- Negotiation
- Problem-solving & multi-tasking
- Strategic thinking & scenario planning
- Teamwork & collaboration
- Relationship management with managers, vendors, contractors, and tenants
- Tenant relations & lease administration
- Market knowledge (comps, conditions, trends)
- High energy, self-directed work style
- Organization, task orientation, and adaptability in fast-paced environments
Health, Dental, Vision insurance. 401K matching, bonus program, life insurance, tuition reimbursement, many voluntary benefit options, parking.
Similar roles you might like
See all →TU
Sr. Portfolio Manager
T-Mobile USA, Inc.
199180Posted today
0C
Underwriting Specialist (Middle Market P&C)
01460 Continental Casualty Company
103000Posted today
0C
Underwriting Consultant(Commercial Construction P&C)
01460 Continental Casualty Company
141000Posted today
H
Finance Manager
Harrison.ai
Salary not disclosedPosted today
MI
Financial Analyst - Commercial Aftermarket
Moog Inc
95000Posted today
LM
Treasury Management Officer - Greater Tampa Bay, FL
Lake Michigan Credit Union
Salary not disclosedPosted today
GK
Dealership Finance Manager
G502 KGA-FLG, LLC
12000Posted today
3F
Financial Analyst
335 Flextronics International USA, Inc.
95600Posted today
This is an external listing. JobSpring does not represent or verify the employer. Report this listing
