Penwood Real Estate Investment Management Llc Associate Asset Manager Salary

Associate Asset Manager Salary at Penwood Real Estate Investment Management Llc BETA

How much does a Penwood Real Estate Investment Management Llc Associate Asset Manager make?

As of March 2025, the average annual salary for an Associate Asset Manager at Penwood Real Estate Investment Management Llc is $94,849, which translates to approximately $46 per hour. Salaries for Associate Asset Manager at Penwood Real Estate Investment Management Llc typically range from $70,822 to $108,837, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Penwood Real Estate Investment Management LLC Overview

Website:
penwoodre.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Penwood Real Estate Investment Management, LLC (Penwood) is an entrepreneurial real estate investment advisory firm dedicated to managing value-added real estate investments for the institutional market. Formed in 2003, the firm is a registered Investment Adviser based in West Hartford, CT with regional offices in New Jersey and California. Penwood combines experienced investment management with the local-market expertise of established strategic relationships and a disciplined management process to optimize value for investors. Penwoods investment focus remains on value-add investment opportunities in the Global Gateway markets of New Jersey/Pennsylvania and Southern California due to the diverse demand generators, inherent supply constraints, dominant seaports and unparalleled transportation infrastructure in each region.

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What Skills Does a person Need at Penwood Real Estate Investment Management Llc?

At Penwood Real Estate Investment Management Llc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Asset Protection: Asset protection is a component of financial planning intended to protect one's assets from creditor claims.
  2. Asset Management: Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill and/or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance and sustainability.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

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Check more jobs information at Penwood Real Estate Investment Management Llc

Job Title Average Penwood Real Estate Investment Management Llc Salary Hourly Rate
2 Fund Controller $223,475 $107
3 Managing Director $746,615 $359
4 Assistant Portfolio Manager $76,083 $37
5 Principal $105,251 $51
6 Acquisitions Analyst $104,392 $50
7 Vice President, Acquisitions $273,379 $131
8 Asset Manager $111,208 $53
9 Research Assistant $69,130 $33

Hourly Pay at Penwood Real Estate Investment Management Llc

The average hourly pay at Penwood Real Estate Investment Management Llc for an Associate Asset Manager is $46 per hour. The location, department, and job description all have an impact on the typical compensation for Penwood Real Estate Investment Management Llc positions. The pay range and total remuneration for the job title are shown in the table below. Penwood Real Estate Investment Management Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $94,849 look to you?

FAQ about Salary and Jobs at Penwood Real Estate Investment Management Llc

1. How much does Penwood Real Estate Investment Management Llc pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Penwood Real Estate Investment Management Llc?
According to the data, the highest approximate salary is about $108,837 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Penwood Real Estate Investment Management Llc?
According to the data, the lowest estimated salary is about $70,822 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.