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Junior Asset Manager

Salary
$100,000-$124,999
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
 NY
Postal Code
10001
Country
United States

This job is no longer active.

Description


AFIAA, a global real estate investment management firm, is currently hiring a Junior Asset Manager with a focus on Commercial Leasing to oversee part of their Commercial real estate in North America. The position is based at the firm’s New York City office at AFIAA US Investment, Inc.

The Asset Manager will work closely with all the firm’s various functional areas with particular emphasis on Commercial Leasing and Property Management.

Qualified candidates must have knowledge of strategic planning in a commercial real estate context, office, retail, and mixed-use asset and property management.

The Junior Asset Manager will be responsible for assisting in the management of all phases of the asset management process for a portfolio of properties.  Over the entire life-cycle for each investment, the Junior Asset Manager will work closely with Property Management, third party leasing agents and consultants to ensure that each asset meets acquisition proforma objectives, key business plan elements, capital improvement deadlines and overall investor goals.

Responsibilities of the Asset Manager include the following:

  • Review weekly and monthly property data for owned properties including leasing reports, construction progress reports, and aged delinquencies, etc., and work with Property Management and third-party Leasing agents to improve operational performance.
  • Manage capital improvement and other reserve balances. Assist with quarterly and annual reporting.
  • Conduct site visits on a regular basis and meet with Property Management and third-party agents to review and assess operations, leasing, capital improvement programs, and property physical condition.
  • Assist with the annual budget review and approval process for the U.S. portfolio and for new acquisitions.

CANDIDATE QUALIFICATIONS

The ideal candidate is a professional with the following attributes:

  • A minimum of 5 years of direct commercial asset management experience.
  • Direct experience managing commercial leasing initiatives including communications with third-party leasing agents and negotiating letters of intent and leases for office and retail properties.
  • Experience with lease analysis, CAM reconciliations, ARGUS Enterprise modeling, and use of Yardi.
  • Strong knowledge of U.S. real estate markets preferred.
  • Strong analytical and problem-solving skills, with a demonstrated track record of providing creative and innovative solutions to real-time challenges.
  • Proficiency with Word, Excel, PowerPoint, ARGUS Enterprise, and Yardi.
  • Excellent organizational and time management skills.  Able to work with time sensitive, detail-oriented material and meet multiple deadlines across various markets.
  • The ability to travel frequently, i.e., 30% travel.

EDUCATION

The successful candidate will have a strong academic background with a BA/BS degree.

COMPENSATION

$125,000 total compensation, including bonus and benefits.

 

 

Job Sectors


 

Experience


5+ to 7 years


This job is no longer active.

Asset / Portfolio Management Retail Full Time NY Leasing, Project Management, Property Management Asset Management Associate (NYC) other