Property Asset Manager Job at Ascend Talent Solutions, Oakland, CA

M1h0QW1KVnp0UWovSkM4Z2daa3FYN3c1bWc9PQ==
  • Ascend Talent Solutions
  • Oakland, CA

Job Description

Job Description: The Asset Manager will implement the strategic direction for the company’s assets and will be responsible for maximizing the operating performance and value of the assets. With excellent analytical skills, the primary responsibility of the Asset Manager will be to work closely with property management and brokers to form collaborative relationships to successfully monitor the performance of assets. Additional responsibilities for the Asset Manager include the following:

Responsibilities:

  • Create and implement the executive summary/business plan for respective assets.
  • Participate in annual budget process (leasing/TI/Cx/CapEx, revenue, operating expenses).
  • Ongoing management and monitoring of the property operating and capital budgets
  • Review comments on the quarterly financial reviews prepared by property management.
  • Ensure the processing and approval of invoices in a timely manner.
  • Regularly meet with and tour properties independently and with Property Management Team.
  • Meet with tenants and brokers.
  • Responsible for monthly property leasing reports.
  • Create and manage stacking plans.
  • Assist by reviewing all lease terms with new tenants and renewing tenants for medium and large-sized biotech and office leases, reporting to the Partner.
  • Assist Partners in providing leasing parameters and direction to Property Managers who handle smaller leases in office, industrial buildings, Biotech Incubator.
  • Assist in analyzing leasing terms for both new tenants and renewals. Assist in developing leasing projections/assumptions. Participate in selected tenant negotiations.
  • Remain current on leasing trends in Bay Area and local markets for main product types (R&D laboratories and office).
  • Attend broker open houses and selectively meet prospective tenants when they tour vacant suites.
  • Meet regularly with the Asset Management Team. Review leasing activity, market rates, leasing opportunities.

Requirements

  • 7+ years of Asset Management experience
  • Strong analytic skills.
  • Candidates must have advanced knowledge of spreadsheet/analytical tools such as Argus and Microsoft Excel.
  • Ability to comprehend, analyze and interpret complex business documents including leases.
  • Excellent verbal, written and interpersonal communication skills.
  • Financial acumen
  • Strong communication skills

Education

  • Bachelor's degree in Real Estate – preferably in Real Estate or Finance, but not a requirement.

Benefits

  • PTO, PST, Medical, Dental, and Vision

Compensation

  • $160K - $185K/yearly plus bonus

Job Tags

Work at office, Local area,

Similar Jobs

Altar'd State

Executive Assistant Job at Altar'd State

About Us We are a fast-growing, founder-led retail company with five dynamic and expanding brands. Our mission is simple yet powerful: to give back to our communities and make the world a better place. With operations in 37 states (and growing), we are driven by purpose...

Beyond Wow Plumbing

Drain Technician Job at Beyond Wow Plumbing

Epic Job Opportunity: Expert Drain Technician at Beyond Wow Plumbing Who You Are: You're passionate about plumbing and know how to consistently deliver a 5-star customer experience. You dream of getting paid well while solving urgent plumbing problems for those...

Spectrum Staffing Services/HRStaffers Inc.

Quality Specialist - Multiple Openings (QA) Job at Spectrum Staffing Services/HRStaffers Inc.

SUMMARY Our client, a leader in ophthalmic pharmaceutical compounding, is expanding our Quality team! We currently have multiple openings within Quality Assurance (QA) and Quality Control (QC). Applicants may be considered for several roles depending on background and...

Consultative Search Group

Union Labor Representative Job at Consultative Search Group

 ...Los Angeles Labor Union is seeking to hire an Employment Lawyer/ Labor Representative to manage Union contracts. We are seeking an experienced representative with union experience and/or labor law knowledge. Ideally, we are seeking an applicant who is familiar with employment... 

Varnish Lane

Shop Manager Job at Varnish Lane

 ...We are looking for a passionate leader for our DC shop! Our ideal candidate is energetic, obsessed with delivering an over the top client...  ..., reliable and loves the beauty industry. As a shop manager, you will be responsible for running the daily operations, including...