What are the responsibilities and job description for the SVP, Asset Management position at Portman?
Job Description
Job Description
Business Title : SVP of Asset Management
Business Vertical : Asset Management – Office / Hospitality / Multifamily / Industrial
Location : Work from Office : Downtown Atlanta, GA
Reports To : Managing Director, Portman Holdings
Category : Full-time
FLSA Status : Exempt
Founded by famed architect John Portman in the 1950s, Portman is a privately owned national real estate investment, development and management firm focused on delivering premier quality office, hospitality, residential, industrial, and mixed-use projects prioritizing occupant experience through first class execution. The diversified, full-service company has developed over 72 million square feet of landmark real estate assets and currently has over 27 projects in development throughout eleven markets across the country employing an unequaled pedigree of experience, industry knowledge, and commitment to excellence. Portman has established a successful global network and has a proven track record with the world’s top financial institutions. Teams in the company’s national offices seamlessly connect to develop, finance, and manage a diverse portfolio in the key strategic and emerging markets throughout the country. Portman Holdings continues to achieve success through investor, partner and client relationships that deliver exceptional real estate assets and innovative, experiential places. For more information, visit www.portmanholdings.com
About the Role :
The Senior Vice President of Office Asset Management will play a pivotal role in overseeing the strategic management and optimization of our office / hospitality / multifamily and industrial properties within the real-estate development industry. This position is responsible for maximizing asset value through effective property management, financial oversight, and strategic planning. The SVP will lead a team of professionals to ensure that all office assets are maintained to the highest standards while also identifying opportunities for growth and improvement. This role requires a deep understanding of market trends, tenant needs, and operational efficiencies to drive profitability. Ultimately, the SVP will contribute to the long-term success and sustainability of our office portfolio, ensuring alignment with the company's overall objectives.
Minimum Qualifications :
- Bachelor's degree in Business Administration, Real Estate, Finance, or a related field.
- A minimum of 10 years of experience in asset management or property management within the construction or real estate industry.
- Proven track record of managing large office portfolios and achieving financial targets.
- Experience with successfully managing teams and communicating complex issues with senior leadership
- Exceptional knowledge and experience in leasing, accounting, and property operations
- Solid experience creating and managing a budget and producing monthly, quarterly, and yearly property management and asset management reports, business plans, and lender compliance packages.
- Expert understanding of joint venture agreements, real estate investment returns, waterfalls and loan documentation.
- Exceptional analytical skills with careful attention to detail and accuracy.
- Proficiency in Microsoft Office, particularly Excel and PowerPoint
- Experience with Yardi
- Excellent organizational skills with the ability to plan, prioritize, and manage multiple tasks
- Ability to work independently with minimal direction and oversight
- Travel required up to 25% with overnight stay
Preferred Qualifications :
Responsibilities :
Skills :
The required skills for this role include strong financial acumen, which will be utilized in budgeting and forecasting to ensure the profitability of office assets. Leadership skills are essential for mentoring and guiding a team, fostering a collaborative environment that drives performance. Analytical skills will be employed to conduct market research and assess asset performance, enabling informed decision-making. Communication skills are crucial for effectively liaising with stakeholders, including tenants, investors, and internal teams. Preferred skills such as knowledge of sustainability practices will enhance the company's commitment to responsible asset management and may lead to innovative approaches in property enhancement.
