Associate Asset Manager Jobs

Responsibilities:

• Manage and proactive ownership of CAM reconciliation processes
• Achieved and we are constantly evaluating new opportunities for leasing and revenue growth
• Work closely with the leasing team to ensure property performance goals are being
• Produce and implement annual business plans, reporting on milestones and where each
• Oversight of third-party service providers including local property management teams to ensure business plans are executed at the property level, best practices are always met, and company standards of ownership and tenacity are consistently achieved
• Consistent evaluation of all vendor contracts to ensure costs are controlled including regularly placing major contacts out for bid
• Adequately controlled and revenue targets are met
• Active management of operating budgets throughout the year to ensure costs are
• Primarily as an informational resource to that team sharing local knowledge of market trends and expense expectations
• Monitor physical condition of assets to ensure they are properly maintained
• Provide yearly recommended capital budget to 1) address deferred maintenance, 2) meet leasing objectives, and 3) grow ancillary income
• Ensure accuracy of all consolidated information prior to presentation
• Property stands compared to those business plans
• Assistance with acquisitions team as part of the due diligence and underwriting process,
• Maintain, develop, and expand relationships with both anchors and inline tenants when applicable
• Produce annual operating budgets
• Maximize value through active cash flow management by constantly looking for ways to improve performance all while maintaining a partnership and collaborative approach with our tenants

• Bachelor’s degree
• Solid understanding of the relationship between effective asset management and value
• Experience with leasing, financial reporting, business plans, and managing vendors
• Understanding of DCF and other valuation concepts
• Strategic planning
• Financial acumen, including the ability to build and maintain cash flows in Excel or ARGUS
• Value
• Three to five years of experience in the management of commercial real estate, retail strongly preferred
• Ownership mentality with an investor stewardship approach to maximize cash flows and
• Operational experience with direct responsibility for income and expense management,
• Yardi experience a plus
• Maximization
• Requirements:
• Data consolidation and reporting to senior executives