71 applicants

Company

Broad Street Realty, Inc. · 15 hours ago

Asset Manager

Reston, VA

Full-time

Remote

Entry, Mid Level

$110K/yr - $150K/yr

2+ years exp

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Responsibilities

Responsible for company assets with the goal of executing the business plan for each and maximizing Net Operating Income

Provide day to day asset management supervision of some portion of the company portfolio

Enhance and grow long term asset value of the company portfolio

Communicate key portfolio goals to the asset management, property management, and leasing teams

Negotiate letters of intent and leases with key tenants in conjunction with leasing team

Help provide strategic direction to the in-house leasing team across the portfolio

Assist the CFO to manage the budget process for the company portfolio and supervise property level P&L

Assemble and /or supervise other team members in the assembly of investor reporting packages on a quarterly basis for assets outside the public company

Identify critical areas for value-add opportunities across the portfolio and within individual assets, including the leasing, operations, and property-level areas

Manage coordination of post-acquisition activities and integration of asset into the company's ownership portfolio

Identify and establish departmental KPI’s and other important key reporting structures

Potentially oversee minor construction and tenant related construction projects

Negotiate third party contracts

Review, analyze, comprehend, abstract and interpret various types of real estate documents, including leases, rent rolls, budgets, operating statements, expense recovery reconciliations, loan agreements and other information used in the underwriting process

Qualification

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Financial analyticsCommercial real estateReal estate underwritingExcelYardiARGUS EnterpriseVTSHigh EQTeam management

Required

2 -3 years’ experience in a financial analytics type position

2 -3 years in commercial real estate with an emphasis in retail markets

Firm understanding of financial terms and principles necessary in real estate underwriting, including Discounted Cash Flow, IRR, NPV, Time Value of Money, Return on Equity, etc.

Ability to comprehend, analyze and interpret various types of real estate documents, including leases, contracts and financial statements

Fundamental understanding of key aspects of the lease process and leases and their impact on property performance

Highly developed verbal and written communication skills

Close attention to detail and strong organizational skills

Proficient computer skills, particularly in Excel

Bachelor’s degree (BA/BS) from a four-year college or university required

Commercial Asset Management: 5 years (Required)

Yardi: 1 year (Required)