Summary

The Real Estate Asset Manager will play a crucial role in overseeing and optimizing the performance of the real estate portfolio. This position involves working closely with property managers, leasing agents, financial analysts, and other stakeholders to develop and implement comprehensive asset management strategies.

Responsibilities

1. Portfolio Analysis: Conduct in-depth analysis of the real estate portfolio, including financial performance, market trends, and property-level data.

2. Financial Planning: Develop and manage budgets, financial models, and cash flow projections for each property in the portfolio.

3. Lease Management: Oversee lease negotiations, renewals, and tenant relations to maximize occupancy rates and rental income.

4. Property Operations: Collaborate with property management teams to ensure efficient day-to-day operations, maintenance, and capital improvements.

5. Market Research: Stay updated on local real estate market conditions, trends, and competitor analysis to inform investment decisions.

6. Risk Management: Identify potential risks and develop risk mitigation strategies for the portfolio.

7. Value Enhancement: Implement strategies to increase property values, such as capital improvements, renovations, and repositioning.

8. Asset Dispositions: Plan and execute asset sales, including marketing, due diligence, and negotiations, when necessary.

9. Reporting: Prepare regular reports and updates for senior management and stakeholders on asset performance, financial metrics, and market insights.

10. Compliance: Ensure properties are compliant with local, state, federal and PenCom regulations and codes.

Requirements

Bachelor’s degree in estate management, Finance, Business, or related field.

​At least five years of proven experience in real estate asset management.

​Strong financial acumen and proficiency in financial analysis and modeling.

Excellent knowledge of local real estate markets and trends.

Effective communication and negotiation skills.

Ability to work collaboratively in a team-oriented environment.

Knowledge of property management software and tools.

Relevant real estate certifications will be an added advantage.