Director Asset Management

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This San Francisco-based Director position will be responsible for direct oversight of all aspects of investment management for a broad portfolio of high-quality commercial real estate assets located primarily within the Northern California and Pacific Northwest region. As a member of the asset management team, the Director is tasked with driving outperformance for their assets under management and identifying and capitalizing on opportunities to create value.  The individual must be capable of working with limited oversight and serve as a key resource within the assigned region.

Principal Accountabilities:

• Drive investment strategy and value creation and outperformance through oversight of third-party property management, operations, and leasing.   

• Develop and effectuate annual business plans through actively overseeing property management, leasing, accounting, legal, tax, as well as third-party consultants.

• Negotiate various documents pertaining to operating and marketing the assets, including management agreements, leasing agreements, purchase and sale agreements, loan refinance documents, etc.

• Develop and foster productive working relationships with partners, property management companies, brokers, and industry peers.

• Direct marketing efforts of leasing personnel while setting leasing guidelines and negotiating key deal points with prospective tenants.

• Approve leases or make appropriate recommendations for approval to senior management in accordance with approval guidelines.

• Coordinate disposition process for assets listed for sale.

• Review and approve annual budgets prepared by third-party managers.

• Review monthly operating reports prepared by third-party managers and monitor actual performance versus budget.

Requirements:

• Bachelor’s degree in applicable business-related field; MBA required.

• Minimum 7 years of institutional-level asset management experience.

• Broad understanding of the operational and investment fundamentals of institutional real estate

• Strong understanding of standard real estate documents such as leases, management agreements and purchase/sale agreements.

• Strong negotiation, analytical, written, and interpersonal skills. A self-starter with the ability to work independently.

• Strong quantitative analysis skills. Ability to think and act strategically with experience analyzing leasing and investment decisions.

Benefits:

Great pay package, 401K, Company sponsored retirement plan, Educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off….and more