Position Summary: The Director of Asset Management will be responsible for the strategic oversight and operational management of a diverse real estate portfolio, ensuring optimal performance, value enhancement, and alignment with the firm's investment objectives. This role requires a dynamic leader with a proven track record in real estate asset management
Key Responsibilities:
- Strategic Asset Management:
- Develop and implement asset management strategies to maximize property value and investment returns.
- Conduct regular portfolio reviews to align with market trends, investment goals, and risk management protocols.
- Budget Management:
- Oversee budgeting processes for properties under management, ensuring fiscal responsibility and financial performance.
- Analyze financial statements, manage capital expenditures, and forecast future financial needs.
- Construction Oversight:
- Manage all aspects of construction projects from inception to completion, including budget, timeline, and quality control.
- Coordinate with architects, contractors, and engineers to ensure projects meet or exceed expectations.
- Property Management Interface:
- Act as a liaison between property managers, tenants, and other stakeholders to ensure property operations are smooth, complaints are addressed promptly, and tenant satisfaction is high.
- Implement best practices in property management to enhance asset performance.
- AI Integration:
- Leverage AI technologies to optimize asset management practices, including predictive maintenance, tenant analytics, market analysis, and operational efficiencies.
- Stay abreast of technological advancements in real estate and AI to continuously improve management strategies.
- Leadership and Team Management:
- Lead, mentor, and develop a team and and support staff.
- Foster a culture of performance excellence, innovation, and accountability.
- Self-Starter and Multi-tasking:
- Demonstrate the ability to work independently, identify opportunities for improvement, and execute strategic initiatives.
- Manage multiple projects simultaneously without sacrificing quality, ensuring deadlines are met.
- Travel:
- Willingness to travel as necessary to visit properties, meet with stakeholders, or attend industry events.
Qualifications:
- Education: Bachelor's degree in Business, Real Estate, Finance, or a related field;
- Experience:
- Minimum of 10 years in real estate, with at least 5 years in a senior asset management role.
- Proven experience in managing budgets, overseeing construction projects, and interfacing with property management teams.
- Demonstrated experience with AI applications in real estate, or a strong interest in learning and implementing such technologies.
- Skills:
- Strong analytical, financial, and negotiation skills.
- Excellent communication and leadership abilities.
- Proficient in real estate software, financial modeling, and data analysis tools.
Personal Attributes:
- Self-motivated with a proactive approach to problem-solving.
- Ability to thrive in a fast-paced environment and adapt to changes quickly.
- High level of integrity and commitment to ethical business practices.
Compensation and Benefits:
- Competitive salary based on experience.
- Comprehensive benefits package including health insurance, and travel expense coverage.
Application Instructions:
Interested candidates should submit their resume, a cover letter detailing relevant experience, and examples of how they've utilized AI in asset management.