ED Asset Management
Qualified candidates, please attach resume when applying.
Our client, a leading Real Estate Development and Investment company, is seeking an ED of Asset Management in their Pasadena, California office.
Oversee asset management activities for existing multi-family apartment buildings and planned new acquisitions of value-add residential and office product.
Establish asset specific strategies that produce long term growth in asset value and cash flow
Oversee third party property managers (and in certain cases internal property managers) to meet financial and strategic property plans
Monitor asset performance including Revenue, NOI, cash flow and asset values and progress towards achieving asset strategies
Work with Acquisitions Team to provide input on underwriting assets, perform due diligence and evaluating assets for potential disposition. Work on property closings and initial set up of assets upon acquisition
Work with internal accounting team on quarterly reporting requirements
Engage with property management and company management to develop strategies to improve property performance
Bachelor’s Degree in Business or related field required
10+ years’ experience in real estate asset management; experience managing West Coast multifamily properties
Experience analyzing competitive market information and establishing performance benchmarks.
Availability to be out of office up to 30%