ASSET MANAGER
GSB Search has been retained by a leading real estate investment trust (REIT), which invests in select enduring experiential properties. We are seeking an Asset Manager who has a track record of building relationships in the commercial real estate industry. Our client invests in and rewards its employees with competitive pay and a generous bonus and benefits plan. If you are looking for a challenge and want to join a winning team, please reach out to us today.
OPPORTUNITY AT A GLANCE
Seeking an experienced real estate professional with Asset Management experience to effectively manage multiple real estate assets of the company from acquisition through disposition. Develop and implement strategies to both improve operations, as well as monitor the performance of the assets. Manage relationships with clients to ensure they will return for future financing needs.
Opportunity to execute and improve in the following areas:
- Work to develop, measure, and refine strategy based on market conditions to maximize the value and performance of each asset.
a) Ensure consistent awareness of conditions affecting the performance of the company’s assets
b) Create and oversee business plans, budgets, forecasts, leases, analyses, and approvals
c) Actively participate in the due diligence process for acquisitions, dispositions, and recapitalizations
d) Review and provide guidance on all Capital Expenditures for the portfolio
- Provide day-to-day support to third-party property managers and accounting
a) Facilitate leasing activities, including day-to-day engagement with brokers
b) Visit third-party managed properties regularly to ensure that they are being maintained in first-class condition. Evaluate leasing and property performance
- Provide property management services, as needed, for assets not managed by a third party, including the negotiation of any necessary third-party contracts
- Manage property inspection processes and coordinate repairs as necessary
- Create and distribute periodic asset management reports and analyses to senior management
- Work closely with the transactions and lease operations teams to assist with post-acquisition activities and integration of new assets into the portfolio as well as managing existing assets within the portfolio
Knowledge, Education, and Skills needed to be successful:
- Bachelor’s Degree in business, finance, economics, real estate, or a related field
- 10 or more years of professional experience. Prefer 7 or more years of experience working in commercial real estate
- Strong Asset Management experience, Ideally from real estate, casino, hospitality, or other entertainment-type property.
- Demonstrated ability to perform essential functions and problem-solve in a time-constrained environment
- Strong communication skills, both written and verbal
- Ability to travel up to 25% of the time to visit potential or existing investments
- Preference towards the pursuit of a graduate degree or relevant certification (CFA, CCIM, or similar credential)
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or another legally protected status.
Our client actively promotes a diverse work environment and encourages minorities, women, and veterans to apply for this position.
For more information on this opportunity, please call Greg Baugh at 913-948-9791 or email at gbaugh@gsbsearch.com
