What are the responsibilities and job description for the Asset Management Associate position at Endeavor Agency?
Endeavor (www.endeavorCRE.com) is a commercial real estate and PropTech talent agency providing high touch recruitment services throughout major US cities. Endeavor has partnered with a well-capitalized, growing commercial real estate private equity firm with a national portfolio of commercial and multifamily assets
The Associate Investment Manager, Asset Management will work directly with the Investment Directors to manage a portfolio of value-add commercial office assets. This position is responsible for analyzing market trends, conducting research, and developing investment strategies that align with the business plan objectives.
Job Responsibilities:
- Assisting in the maximization of asset values and NOI, which includes understanding asset position relative to market, asset specific restraints, executing on property and portfolio specific value add strategies and implementation thereof.
- Partner with internal Operations, Finance, Construction, Investor Relations and 3rd party Property Management to prepare, execute and monitor monthly financial performance in relationship to the budgets and business plans for each property.
- Develop and maintain a strong understanding of local markets (competition, supply pipeline, and demand drivers)
- Ensure assets are adhering to all regulatory requirements and internally imposed operating restrictions to further sustainability measures.
- Review capital expenditure budgets and projects and monitor their monthly progress by acting as the liaison between Asset Management and 3rd party vendors.
Qualifications & Competencies:
- Bachelor’s degree in business, finance or related field.
- Minimum 4 years of experience in financial analysis or business analytics, real estate industry required and experience with value-add office properties.
- Well-organized and detailed oriented individual with the highest degree of integrity, motivation and
- intellectual curiosity.
- Skilled in working across heavily matrixed organizations which requires significant influencing and
- collaboration skills.
- Ability to travel as necessitated.
- Ability to work in the Irvine, CA office 5 days a week.
Benefits:
Medical, dental, vision, life and disability insurance coverage. Holiday pay (currently observe 11 holidays per year). 16 days per year of paid time off. 401k access with company contribution matching.
