2 Director, Asset Management Jobs in Rye, NY
Acadia Realty Trust is Hiring a Director, Asset Management Near Rye, NY
Position DescriptionAcadia is seeking a Director to join its Asset Management team.
The Director will play an integral role in managing the financial performance of a portfolio of transitional assets (core and value-add strategies) and overseeing all aspects of business plan execution from acquisition through disposition. This is an interdisciplinary role that will require close collaboration with Acadia’s internal acquisitions, leasing, capital markets, legal, lease administration, construction, accounting, and property management teams. Additionally, the Director will be required to interface with external partners, consultants, contractors, attorneys etc. on a regular basis.
Key Responsibilities
- Spearhead the preparation of business plans and execution of core and value-add projects within Acadia’s existing portfolio and pipeline.
- Maintain property financial models (Excel and Argus) on a regular basis to reflect leasing, financing, and other changes to the property business plan.
- Be a leader within the Asset Management group, oversee and develop Analysts
- Present financial reports and analysis to senior management and external partners.
- Represent Acadia to partners, lenders, government agencies and other outside parties.
- Work across internal departments to execute asset level projects including but not limited to leases, spec developments, value engineering initiatives, etc.
- Bachelor's degree required
- 5-6 years of previous work experience in commercial real estate development, asset management, or acquisitions; retail experience preferred
- Advanced financial modeling and analysis capabilities in MS Excel and Argus Enterprise is required
- Executive presence; comfortable speaking and presenting to the senior management team
- Familiarity with leases, construction documents, OEA/REA’s, loan documents and other legal documents
- Ability to travel
- Solid interpersonal and communication skills
- Excellent collaborator; works well with a team.
- Self-starter, demonstrated ability to multi-task and prioritize workload.
Employees may also be eligible to participate in an annual discretionary bonus program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Acadia Realty is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual Orientation/Gender Identity
Job Summary
Full Time
Consumer Services
$195k-324k (estimate)
05/31/2024
07/22/2024
acadiarealty.com
ADDISON, IL
100 - 200
1998
MARK RUBIDGE
<$5M
Consumer Services
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About Acadia Realty Trust
Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - core and opportunity fund - platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors. At the same time, we are amplifying this portfolio's solid growth by making highly-profitable opportunistic and value-add investments through our series of discretionary, institutional funds. We attr...ibute our success to our differentiated platform and to our team's steadfast commitment to our company's four core values: integrity, intensity, intelligence, and innovation. Our portfolio across the United States includes, but is not limited to: New York | Soho | Noho | Tribeca | Union Square | Upper East Side | Madison Avenue | The Bowery | Midtown | Downtown Brooklyn | Connecticut | Greenwich | Westport | Chicago | The Gold Coast | Magnificent Mile | The Loop | West Loop | Lincoln Park | Lakeview | Wicker Park | Washington, D.C. | Georgetown | Dupont Circle | Boston | Cambridge | Georgia | Savannah | Broughton Street | San Francisco | Union Square | Pacific Heights To browse through materials of our properties, visit www.acadiarealty.com and be sure to follow us on Twitter @acadiarealty for company updates. Job openings are posted here on Linkedin, on Twitter, and on our website acadiarealty.com. Our summer internship program search begins in the fall, so be sure to check our page for details and how to apply.
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