Senior Asset Manager

If you enjoy looking at a real estate investment and asking, “What is this asset worth today, what is it capable of becoming, and what should we do about it?”, this could be the opportunity you've been waiting for. Our client is a growing real estate investment and asset-management organization focused on acquiring and repositioning underutilized, undervalued and distressed commercial properties, and is seeking a Senior Associate, Asset Management to play a meaningful role in driving portfolio performance and value creation.

In this role, you'll take ownership of assigned assets, monitor performance against underwriting and business plans, analyze budgets, forecasts, NOI, cash flow and variances, and identify the financial, operational and leasing issues that can make or break an investment. You'll also have the opportunity to evaluate valuations, hold/sell considerations, refinancing opportunities, capital projects and other strategies designed to enhance asset value—so this is much more than updating spreadsheets and waiting for month-end reports.

The ideal candidate brings approximately 3–7 years of experience in commercial real estate asset management, investments, acquisitions, lending, portfolio management or a closely related field, along with genuine hands-on experience with underwriting, financial modeling, valuation and investment analysis. You should be comfortable understanding how an investment was originally underwritten, determining whether the asset is performing as expected, and using the numbers to recommend what should happen next. You'll work closely with Property Management, Brokerage, Construction, Accounting and senior leadership while also interacting with investors, lenders, attorneys, brokers and other external partners, making strong communication and relationship-management skills just as important as your Excel skills. This is an opportunity for someone who wants to be close to the investment—not simply manage the property—and who enjoys turning financial and operational information into actionable decisions. If you're the kind of real estate professional who knows the difference between managing a building and managing an investment, we'd like to talk.

To learn more about our organization please visit us at www.westportone.com

To apply for this position, submit your resume by choosing one of the following:

• ***CLICKING “APPLY NOW” ON THIS PAGE*** (PREFERRED) 

• Email your resume in WORD format to mollie@westportone.com. Please refer to job reference code NB/SAMSTL in the subject line.