Vice President Asset Management

Company Overview

Entrada Partners (“Entrada”) is a real estate private equity firm focused on value-add investments in middle-market industrial, office and flex assets. The firm is headquartered in Los Angeles and has two regional offices in Texas (Dallas and San Antonio). Entrada’s portfolio consists of more than 2.5 million square feet. Entrada’s mission is to generate superior risk-adjusted returns for its investors and provide a high level of service to its tenants with a philosophy centered around integrity and professionalism.

Entrada Partners is seeking an Associate or Vice President to become an integral part of our asset management and operations team. Based in the Dallas office, the person will play a critical role in all aspects of asset management, including financial analysis, leasing, budgeting and reporting for existing investments, as well as selectively assisting with acquisitions and due diligence efforts for target investments. The position offers the opportunity to gain a wide breadth of experience in flex, office, and industrial investment and operations including close interaction and collaboration with senior management.

Responsibilities

Financial Analysis:

• Prepare and update cash flow models that will be utilized in the ongoing valuation of real estate investments.
• Assist with and oversee the financial analysis, modeling, and underwriting/projection of existing assets as well as select acquisition targets in various stages of operation (e.g. stabilized, distressed, value-add and lease-up) utilizing Excel and Argus Enterprise.

Market Research:

• Maintain thorough market awareness in targeted markets through direct research and review of third-party research.
• Gather market research and stay current on industry trends.
• Provide research support utilizing online, internal, and external resources.

Reporting:

• Support investor communication and prepare portfolio reporting.
• Prepare variance reports, analyses, and portfolio summaries for senior management.
• Review monthly operational reports, property forecasts, and Argus cash flows for accuracy and provide variance analysis.

Asset Operations:

• Perform analysis to support leasing decisions.
• Work within RAVTI and VTS asset management software programs to ensure data integrity.
• Support asset management on investment execution and aid in acquisition due diligence reviews.
• Monitor portfolio performance, prepare analysis to support property decisions to ensure execution is consistent with portfolio investment objectives.
• Ad hoc analysis as the need arises.
• Assist with asset/portfolio financings and potential disposition efforts.

Qualifications:

• 3+ years of real estate experience in industrial/office/flex real estate.
• Attention to detail and a desire to produce the highest quality work product.
• Must have strong project management skills, including the ability to multitask and meet deadlines in a timely manner.
• Motivated and results-driven with strong work ethic.
• Proficiency in ARGUS Enterprise preferred.
• Excellent written and verbal communication skills.
• Bachelor’s degree in Real Estate, Business, Finance, Accounting, Economics or a related field is required.
• Superior organizational skills and the ability to manage multiple complex and diversified work-streams in a fast-paced environment.
• A strong analytical thought process with sound judgement and a keen attention to detail.
• Experience and knowledge in asset underwriting, investment, and operations is required.
• A flexible team player who takes initiative and is dedicated, hard-working, and has an ability to work in a collaborative environment.
• Advanced proficiency in Excel, including building models and data analysis.
• Ability to be a self-starter and work effectively in a small team and contribute to areas beyond the direct scope of responsibility.

Perks:

• Competitive Pay + bonus incentive
• Medical, dental, and vision insurance
• Fun, entrepreneurial workplace
• Open door environment, with direct access to senior management
• Paid time off