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VP, Asset Management

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Washington, DC
 DC
Postal Code
20024
Country
United States

This job is no longer active.

Description


FLSA: Exempt

GENERAL SUMMARY
:  Seeking a Self-starter highly motivated VP of asset management for a large mixed use project.  Experience with Argus required as well as other valuation models.   Experience with JV structures and REIT knowledge is essential.   Experience with complicated debt and equity structures, including facility with waterfall calculations and models.

 

RESPONSIBILITIES:

 

  • Directs the operations, leasing and tenant relationship management for projects
  • Works with the Senior Vice President to develop strong tenant relationships
  • Works to establish Client’s annual goals and objectives
  • Lease negotiation with retail and office tenants, with a goal of quick execution.
  • Meet and  bring the service provider  team (property management, operations,  and leasing) to discuss property  issues and create a holistic approach to solving
  • Effective communication with client to discuss leasing, operational and reporting issues. 
  • Utilizes talents of property  team and holds them accountable for deliverables 
  • Interprets financial reporting requirements of the Client and assumes the overall responsibility for complete, timely, and accurate portfolio reporting
  • Leadership for  the preparation of the Annual Business Plans and  Budget Plans
  • Takes responsibility for the Cash Flow modelling, both Argus and short term cash flow analyses. 
  • Leads and mentors direct reports
  • Discusses short and long term goals and objectives with the Client 
  • Provides support and direction to Property management teams. Makes suggestion on staffing evaluation; team size, and operational procedures. 
  • Provides TIC Leasing Department direction related to weak tenant space recapture/replacement; recommends merchandising strategies
  • Consistently walks the assets and develops an action list and assigns timing and responsible party for execution.
  • Evaluates and recommends capital improvements to the client
  • Improves the quality of policies and procedures
  • Develops and promotes teamwork within the MMRS portfolio staff
  • Available to work extended hours, including weekends, as necessary to achieve the desired results for the portfolio
  • Promotes workplace and property safety

     

The above listing represents the general duties considered essential functions of the job and is not to be considered a detailed description of all the work requirements that may be inherent in the position.

 

ORGANIZATIONAL RELATIONSHIPS: Interfaces regularly with SVP Asset Management, Chief Strategic Leasing Office and Partners.

 

 

SKILLS REQUIRED:

 

  • Strong analytical skills
  • Effective leadership skills
  • Team player with interpersonal skills
  • Excellent written, verbal, organizational and supervisory skills
  • Meticulous attention to details and accuracy
  • Proficient in MS Word and Excel

     

    EDUCATION and/or EXPERIENCE:

     

  • University/College degree, preferably in economics, real estate or finance
  • Graduate degree preferred 
  • Minimum 10+ years asset management experience

     

    PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

    Sitting:              35%      Standing:           30%

    Walking:           35%      Lifting:              Up to 25 lbs

 

Job Sectors


 

Experience


10+ to 15 years


This job is no longer active.

Asset / Portfolio Management Retail Washington, DC Full Time DC Asset Management, Portfolio Management, Project Management VP, Asset Management other