What are the responsibilities and job description for the Asset Management Associate - Commercial position at Prometheus Real Estate Group?
OUR PURPOSE
Prometheus Real Estate Group , Inc. is the largest privately held owner of multi-family properties in the Bay Area, with a growing portfolio that includes 13,200 apartments in San Francisco Bay Area, and in the Portland and Seattle region. The portfolio includes over 1.2 million square feet of premium office and retail space throughout the San Francisco Bay Area and the Pacific Northwest. Our properties include a diverse mix of office, retail , and mixed-use properties, with a focus on creating vibrant spaces that complement and strengthen the neighborhoods we serve. Our strategy is to buy and hold and build and hold. We are currently in the process of building our $2 billion development pipeline concentrated primarily in top locations in Silicon Valley and Seattle, near transit, shopping, and world class technology employers.
YOUR ROLE AND IMPACT
Our team is looking for an experienced Asset Management Associate for our Commercial Office. Supporting the Vice President of Commercial Operations in advancing the leasing efforts and asset performance of the commercial and retail portfolio, this role will coordinate work with a wide array of internal and external team members, including property operations, development, acquisitions, construction management, marketing, attorneys, and general contractors. This candidate will also assist and developing and maintaining financial reports that analyze and monitor the performance and operation of all commercial assets. This is a unique opportunity for broad experience and exposure to all facets of the commercial and retail real estate business.
- Facilitate weekly meetings with leasing brokers and act as the primary point of contact for follow-up items.
- Support all phases of leasing efforts by processing lease documents, creating LOD / Work letters, coordinating space plans with architect / tenant, and working with general contractors and construction managers to obtain construction budgets.
- Negotiate lease terms and contracts. Coordinate and manage various internal and external resources and consultants (e.g., attorneys, contractors, etc.).
- Maintain deal monitoring and tracking, communicating key deal terms, and identifying any execution risks, and overcoming hurdles.
- Assist in preparing and updating all marketing materials, including property flyers and websites.
- Prepare financial analysis of every transaction for executive team approval.
- Support the commercial team’s reporting efforts by tracking financial forecasts, monitoring budget performance, updating lease occupancy and availability.
JOB QUALIFICATIONS
COMPENSATION AND BENEFITS
We offer a variety of benefits that take compensation well beyond a paycheck. This includes traditional benefits and benefits you might not expect or know about. The provided salary range is based on a number of factors, including location, job-related skills, experience and qualifications.
Compensation
Benefits & Perks
Salary : $110,000 - $140,000
