Top Asset Management Executive jobs in Minneapolis, MN

Kraus-Anderson offers an opportunity to make an immediate impact with an industry leader!

KA Realty’s mission is to continue to be a fully integrated commercial real estate service organization dedicated to serving our customers with a high degree of professionalism and integrity while protecting and maximizing the value of the properties entrusted to our care.

We will conduct our business in a manner which:

• Provides an environment in which tenants can prosper.
• Allows employees to grow and develop.
• Enhances the property values of our clients,
• Demonstrates concern for community and environment.

Company

For more than a century, Kraus-Anderson has been shaping the American landscape. Founded in 1897 and privately owned and managed by the Engelsma family for over 75 years, Kraus-Anderson provides innovative, collaborative services to clients coast to coast, including commercial real estate development and management, construction, and risk management. We’re people building buildings, businesses and relationships

Position Summary:

The Director of Asset Management is a dynamic and multi-faceted role, focusing both on relationships and financial analytics to help support the strategic vision and goals of Kraus-Anderson Realty. This includes: oversight of third-party mangers, asset management through systematic review of portfolio from investor perspective, financial modeling and analysis, initiating and nurturing of relationships with investors, lenders, brokers and others related to Real Estate, operational improvement projects, oversight of larger transactions and reporting. In addition, assist Executive Vice President (EVP) in all endeavors as needed.

Essential Duties and Responsibilities:

Oversee third party managers: oversee third party residential managers to ensure maximum performance in all areas including but not limited to financial, leasing, operations and reporting.

Asset Management: create tools for the systematic, thorough and regular review of our portfolio from an investor’s perspective. Assist in the implementation of plans derived from these reviews.

Financial Analysis: review, monitor and report on pro forma, P&L statements, variance reports, budgets and create other spread sheets as required.

Outside relationships: initiate and maintain positive and productive relationships and represent Kraus Anderson to all groups and people common to the real estate business including but not limited to real estate brokers, third party managers, and lending institutions.

Operational improvements: Special projects to enhance our operations in our real estate assets. Gather and analyze information to determine if we pursue new opportunities within the portfolio to bolster bottom line or streamline our methods. (i.e. is solar return on investment worth pursuing)

Transaction oversight: work with all disciplines within the Kraus Anderson group to manage the evaluation and execute large transactions. Mostly acquisitions and dispositions of our assets in our portfolio.

Reporting: Report performance of the portfolio and the individual assets in a succinct, meaningful and useful manner.

Assist EVP: General assistance to the EVP in the day-to-day and long term operation of our portfolio and our managing entity Kraus Anderson Realty Company.

Other duties as assigned.

Required Knowledge, Skills and Abilities:

• Bachelor’s degree in finance, real estate, or business
• Minimum of five (5) years of experience in mid to senior level positions with real estate / property management company
• General Knowledge and understanding of commercial property management and leasing.
• Demonstrated computer proficiency (MS Office – Word, Excel and Outlook) and knowledge or ability to learn MRI as well as other software programs related to real estate financial reporting systems.
• Excellent verbal and written communication skills, including ability to effectively communicate with internal and external clients.
• Ability to develop, maintain, and strengthen partnerships with others inside and outside the organization who can provide information, assistance, and support Kraus-Anderson’s real estate investments.
• Ability to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
• Ability to use time productively, maximize efficiency and meet challenging work goals.
• Ability to maintain compliance with all company policies and procedures.
• Ability to possess and maintain an exceptional work ethic as well as uphold company values and demand the highest standard of conduct from self and others.

Preferred Knowledge, Skills and Abilities:

• Residential experience is a plus

Other:

• Valid Driver's License and ability to maintain a satisfactory Motor Vehicle Record.
• Real Estate License required within 6 months of hire
• Travel up to 50%

Physical Demands:

The physical demands described are representative of those that must be met by any employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential functions include items such as ability to:

• Clearly communicate information (both written and verbal) to colleagues and key stakeholders.
• Stand and/or sit in a stationary position for extended periods of time; 50%
• Use a computer/laptop/iPad in open office environment with natural and/or florescent lighting.
• Navigate between office building floors, and on occasion, attend off-site meetings.