What are the responsibilities and job description for the Asset Manager position at D.I. Management, LLC?
Job Description
Job Description
Dalfen Industrial is looking for an Asset Manager to join its Southeast regional team. This role will primarily be responsible for strategic planning, leasing, financial analyses, development of both operational and capital budgets, reporting on a quarterly and annual basis with regards to the performance of each asset and analyzing returns. The Asset Manager will report to the VP Asset Management.
Position Responsibilities
- Analyze financial terms of lease proposals, using effective lease / rent calculations and net present value for leases. Determine if potential leases are consistent with current market conditions and meet with long-term asset expectations from a financial perspective
- Oversee management of property operations for the assets
- Develop, draft and present material recommendations regarding the property’s operations, capital plan or investment strategy for Investment Committee
- Oversee general property level analysis functions (i.e., CAM reconciliation’s, PM contracts, construction)
- Prepare, review and approve budgets which will implement your strategic business plans
- Perform economic analysis of all potential lease transactions to verify consistency with budget and / or proforma
- Conduct in-depth market research to fully understand the position of each asset in its respective market from a leasing and investment perspective and all underlying factors which may influence it. Update demographic and market information for each asset for strategic planning and reporting purposes
- Assume responsibility for initial capital and operating budgets as well as review and approve acquisition underwriting assumptions
- Review leases and lease abstracts, capital improvement budgets, and operational budgets
Skills & Experience
Company Overview
Dalfen Industrial is one of the largest private equity owner, operator, and developer of industrial real estate. The firm has raised multiple private equity funds, and currently manages over 55 million square feet, and has transacted on over $7.8 billion of deals. Dalfen is vertically integrated across 11 offices, offering a challenging and fast-paced work environment.
Visit www.dalfen.com for more information.
