What are the responsibilities and job description for the Asset Manager position at Mark IV Capital?
Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA with a focus on acquiring, developing, owning, and operating commercial real estate assets. The company is seeking an Asset Manager to manage the company’s assets throughout our Arizona region and support future development and acquisition opportunities. The candidate will be located onsite at our Chandler office and will oversee a team of analysts and property managers. The Asset Manager will engage in a broad range of responsibilities with an emphasis on leasing and asset management.
Mark IV Capital values creativity and innovation and encourages its employees to develop solutions to the unique and varying challenges we face. We respect and capitalize on our diverse attributes and abilities to maximize the effectiveness of the team. We support open communication and an informal, yet professional, work environment.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Implement asset-level strategies to be consistent with regional strategy and company objectives.
- Manage the leasing process including interfacing with brokers, negotiating proposals and leases as well as evaluating credit worthiness of prospective tenants.
- Manage assigned assets to maximize long-term cash flow, including monitoring asset budget to actuals and comparing to market.
- Oversee ongoing property operations including leadership of in-house property management team.
- Manage tenant improvement and capital expenditure projects from conception to completion.
- Manage the process of selecting architects, engineers, contractors and other consultants required for the project, including reviewing proposals, negotiating terms of agreements and drafting contracts.
- Manage architects, engineers and consultants throughout the construction process.
- Manage the construction progress of tenant improvement and capital expenditure projects to ensure all projects are completed on-time, on-budget and consistent with construction documents.
- Interface with Mark IV Capital’s accounting department to manage all accounting aspects of the assigned assets.
- Manage loan compliance related to leasing requirements and assist Vice President of Development and Asset Management on all other property level financing.
- Develop and maintain active relationships with real estate brokers and other third-parties.
- Involved in the hiring, management and training of property managers and analysts for the assigned assets.
- Manage the creation and presentation of annual budgets for the assigned assets.
- Provide regular reports and updates to the Vice President, Development and Asset Management and assist with the underwriting and due diligence of new acquisition and development opportunities.
Education / Experience
- Bachelor’s degree in a related field of study, Master’s degree preferred
- 5 years of commercial real estate asset management experience, emphasis on commercial assets such as office, medical office and industrial preferred
- Microsoft Office Suite 365; excellent proficiency in Excel, PowerPoint
- Excellent knowledge of Argus and asset valuation principles
- Relevant accreditations such as LEED, WELL, etc. preferred
Other Skills / Abilities
- Experience in drafting, negotiating and managing contracts, leases and other legal documents.
- High level of integrity, professionalism, and a strong work ethic.
- Detail-oriented and organized, with a commitment to accuracy and quality in all work.
- Demonstrated knowledge of accounting principles and data analysis.
- Effective verbal and written communication skills with the ability to present information clearly and concisely.
- Proven ability to work both independently and as part of a collaborative team in a fast-paced environment.
- Strong analytical and problem-solving skills, with the ability to think critically and make informed recommendations.
- Strong interpersonal skills.
- Excellent organizational and time management skills; ability to properly prioritize workload.
- A true team player and leader with a company-oriented attitude.
- Must be able to meet deadlines.
- Competent in conflict and crisis management
Salary : $101,000 - $140,000