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VP, Asset Management El Segundo, California

Full Time
Real Estate Field
  • Corporate Real Estate
El Segundo
Postal Code
United States

This job is no longer active.


The Vice President of Asset Management will oversee all asset management responsibilities related to Griffin Capital s multifamily portfolio, which currently includes 18 assets valued at nearly $2 billion. This position will play an integral role in the growth of the multifamily platform resulting in consistent interaction with Executive Management, the Development and Acquisition team, Investor Relations, and Accounting. Further, the position will serve as the bridge between multiple external parties, including third-party property managers, development partners, brokers, lenders, and investors.

Essential Duties and Responsibilities:


Oversee third-party property managers
Participate in the preparation and review with ultimate oversight of business plans, budgets, forecasts, analysis, and senior management and investor reporting
Assist in the preparation and approval process of property operating budgets
Monthly review of operating statements
Lead bi-weekly and/or monthly property status calls with third-party property managers
Prepare quarterly investor updates
Work with the property manager and, if applicable, the construction team to track the progress and cost of capital improvement projects
Prepare lender-required reports, oversee lender inspections, ensure the timely satisfaction on lender-required improvements, and track loan covenants
Conduct financial analysis for refinancing and sale opportunities
Review market, economic, and capital trends and factors impacting the performance of the assets
Prepare and deliver asset and market presentations and updates to Executive Management
Travel to each stabilized asset at least once per year

Assist in the underwriting and preparation of the pro forma
Assist in the due diligence and closing process
Assist in the identification of target markets and prepare high-level market summaries

Participate in the broker selection process
Assist in the disposition process by coordinating delivery of due diligence materials and proration review
Assist in the coordination of all site tours, calls, and data requests
Draft disposition press releases and work with the Marketing department to finalize and distribute

Review development pro formas
Review all annual business plans and oversee the implementation
Review and approve all variances and change requests
Review joint venture documents
Participate in bi-weekly and/or monthly development status calls
Review equity and debt draw requests and coordinate disbursement with the Accounting team
Travel to each development asset at least twice per year

The ideal candidate will have the following qualifications and experience:

Five to ten years of senior property management, asset management, development, or acquisition experience in the multifamily sector required.
Bachelor s degree required with a concentration in business, finance, accounting and/or real estate.
MBA preferred but not required.

Job Functions

  • Accounting / Control
  • Asset Management
  • Investor Relations

Job Sectors

  • Residential
  • Office



This job is no longer active.

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