What are the responsibilities and job description for the Vice President of Asset Management position at Cornerstone Recruiting?
We are currently looking for a Vice President of Asset Management for a well-established development company.
Key Responsibilities
- Develop and implement asset strategies to optimize financial performance and long-term value creation.
- Directly supervise Asset Managers and Associates, providing leadership and guidance.
- Oversee a portfolio of 25 assets throughout the Puget Sound and major California markets, ensuring maximized returns and strategic execution, with strong portfolio growth forecasts.
- Drive leasing and revenue optimization strategies, ensuring strong occupancy and tenant relationships.
- Collaborate with in-house and third-party property managers, leasing teams, and development managers to execute both the development and stabilized asset business plans efficiently.
- Manage capital planning, property renovations, and deferred maintenance to enhance asset value.
- Serve as a key liaison with investors, lenders, and executive leadership, delivering clear and compelling financial and operational reporting.
- Manage the acquisition of stabilized and value add assets including the due diligence market and property analysis, and growth opportunities for future investments.
- Maintain a deep understanding of local and regional real estate markets to identify and capitalize on market trends to drive portfolio growth and strategic initiatives.
WHAT WE'RE LOOKING FOR
Interested candidates may apply by sending an updated resume to this ad.
