What are the responsibilities and job description for the Asset Manager position at Trigild?
Job Description
Job Description
Our Asset Manager will be responsible for managing a portfolio of distressed assets in receivership, working with internal and external teams to meet the objectives of each asset, maximize property performance, and stabilize assets for their next phase.
Desired Competency, Experience and Skills :
- 3 years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions
- Experience with distressed assets- often class C and B
- Ability to be self -sufficient to work outside the box to figure out challenges
- Exposure to legal aspect of commercial assets in receivership
- Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants
- Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus
- In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures
- Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups
- Strong analytical, accounting and critical thinking skills
- High comfort level with the technology used to aid in collaboration, communication, and documentation
- Excellent written and oral communication skills
- Advanced knowledge of Excel including building templates for other users.
Responsibilities :
Company Description
Trigild traces its roots to 1976, when Bill Hoffman founded Trigild as a property management business.
In the 1980’s when the Saving & Loans crisis hit, an attorney asked Hoffman if he could serve as a court-appointed receiver for a defaulted hotel, and a new Trigild business line emerged. Over the next five years, Trigild was named receiver and management company for nearly 200 assets, including over 100 hotels, 50 multifamily projects, 15 commercial properties, and even a barge terminal.
After the S&L crisis was resolved, Trigild continued managing projects, and while it was assumed that the receivership boom would subside, in 2004 fast food restaurants and gas and convenience stores hit a rough patch. In a five-year period, Trigild operated and was frequently receiver for over 700 of these assets.
Since the 2008 Global Financial crisis, Trigild has operated over 15 million square feet of commercial space, over 40,000 hotel and multifamily units, and served as fiduciary receiver and bankruptcy trustee for assets ranging from hotels, apartment complexes, and retail centers to unique businesses, such as a $1.6 billion TIC syndicator and a large food processing plant.
We attract the best and the brightest in the industry, allowing us to provide the highest quality services to our clients. Our talent is trusted, experienced, innovative, dedicated, and dynamic. Join the Trigild legacy.
Company Description
Trigild traces its roots to 1976, when Bill Hoffman founded Trigild as a property management business. In the 1980’s when the Saving & Loans crisis hit, an attorney asked Hoffman if he could serve as a court-appointed receiver for a defaulted hotel, and a new Trigild business line emerged. Over the next five years, Trigild was named receiver and management company for nearly 200 assets, including over 100 hotels, 50 multifamily projects, 15 commercial properties, and even a barge terminal. After the S&L crisis was resolved, Trigild continued managing projects, and while it was assumed that the receivership boom would subside, in 2004 fast food restaurants and gas and convenience stores hit a rough patch. In a five-year period, Trigild operated and was frequently receiver for over 700 of these assets. Since the 2008 Global Financial crisis, Trigild has operated over 15 million square feet of commercial space, over 40,000 hotel and multifamily units, and served as fiduciary receiver and bankruptcy trustee for assets ranging from hotels, apartment complexes, and retail centers to unique businesses, such as a $1.6 billion TIC syndicator and a large food processing plant. We attract the best and the brightest in the industry, allowing us to provide the highest quality services to our clients. Our talent is trusted, experienced, innovative, dedicated, and dynamic. Join the Trigild legacy.
