What are the responsibilities and job description for the Asset Manager position at gpac?
I recently partnered up with a well established company looking to bring on an Asset Manager. This is an amazing opportunity to work with some of the best in the buisness and work with a world class team.
ESSENTIAL FUNCTIONS of Asst Manager:
As part of the asset management team, you'll develop and implement a strategy for your portfolio of properties and play a significant role in building the asset management platform. This position requires the soft skills needed for managing stakeholders and the attention to detail needed for rigorous financial analysis
Responsibilities:
- Responsible for formulating and executing short-term and long-term asset strategies and understanding the broader strategic objectives of the company. Professionally and effectively presents recommendations and performance information to senior management and partners.
- Maintain ongoing relations with sponsors.
- Identify at-risk projects and propose corrective action to the COO, and Investment Committee.
- Assist in the management of at-risk and distressed assets.
- Identify and implement processes, metrics, and benchmarks to improve reporting and track the performance of the portfolio of projects
- Coordinate with the escrow and title representatives on real estate closings.
- Assist in drafting project documents and project extensions for legal counsel and sponsor review.
- Monthly Reports: collect, review, and report on the monthly report status of an asset with supporting documents.
- Quarterly Reports: collect, review, and report on the quarterly report status of an asset with supporting documents. Also, meet in person with the sponsor and visit the location of the asset.
- Prepare and report on fund assets to COO, and investment committee.
- Maintain files and folders for each asset.
- Process draw requests.
- Maintain all CRM data is up to date.
Education and Experience:
- Bachelor's degree.
- 3-5 years of asset management experience or equivalent experience in knowledge in local multi-family real estate, including the ability to assess the physical condition of collateral, its marketability and its management.
- Experience as an owners representative and capable to lead construction team of consultants is strongly desired.
- Strong understanding of real estate finance construction, complex deal structures, leasing, property operations, and capital improvements for residential and commercial (office, industrial, and retail) properties.
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
