What are the responsibilities and job description for the REAL ESTATE ASSET MANAGER position at Ascendo Resources ?
An established real estate company is seeking an Asset Manager to oversee a $500m portfolio of mixed-use properties!
This is an on-site opportunity in Miami, FL with an annual salary from $150-200K plus great benefits.
Responsibilities : Financial Management
Support, recommend and drive financial decisions. Maximize financial performance Forecast financial performance Prepare and review budgets (Operating and Capital budgets) Conduct regular financial analysis to make informed decisions Prepare presentations and monthly reports to ownership and partners / investors, as needed Coordinate and facilitate lender compliance regarding debt covenants, providing financial information, monitoring the release of escrow accounts and maintaining compliant physical conditions. Display understanding of cash balances and availability of funds for projects and cash flow management of operations and capital improvements. Lease Administration :
Manage and oversee leasing agents and direct leasing strategy for properties. Handle lease negotiations, renewals and terminations while maintaining strong tenant relationships and ensuring lease compliance. Manage lease renewal strategy to meet or exceed proforma goals, considering local market conditions. Monitor critical dates within assigned portfolio (lease expirations, renewals, loan maturity, etc.) Operational Management
Manage and oversee the activities of property managers Review and approve vendor contracts, as needed Monitor key property metrics / matters (occupancy, rent collection, maintenance, legal matters, tenancy, etc.) and report to owner Maintain strong tenant relationships Visit and inspect properties (located within the State of Florida) on a regular basis Identify opportunities for operational efficiencies to increase revenue or reduce expenses. Develop action plans for under-performing assets, to improve performance. Risk Management
Identify and manage risks associated with the portfolio, including security, insurance, environmental and regulatory compliance Support insurance claims and litigation, coordinate lender inspections Acquisitions / Dispositions
Support property acquisitions and dispositions. Conduct market analysis and due diligence, as needed. Manage the takeover of new assets and assure the smooth and successful transition into the portfolio Position properties for disposition or financing, as applicable Other
Establish key relationships (city, economic development, police, other property owners, brokerage community, etc.) M-F schedule but ability to work flexible hours as needed or during emergencies. Required Skills :
Bachelor's degree, preferably in real estate, business, finance, or accounting 5 years of experience in a similar role Bilingual Spanish a must Strong Excel skills Argus a huge plus Understanding of real estate principles and concepts Excellent written and verbal communication skills Ability to handle multiple properties and various asset types (retail, office, warehouse, multi-family)
Salary : $150,000 - $200,000
View More
Apply for this job
Receive alerts for other REAL ESTATE ASSET MANAGER job openings
Report this Job
