Vice President, Asset Management jobs in United States
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Harrison Street Asset Management · 2 months ago

Vice President, Asset Management

Harrison Street is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies. The Vice President in the Asset Management department will oversee and manage investments in the US, focusing on relationships with operating partners and property managers, as well as asset dispositions and financial performance analysis.

FinanceReal EstateReal Estate Investment
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Growth Opportunities

Responsibilities

Manage relationships with existing operating partners and third-party property managers
Source, coordinate, and close all property refinancings
Establish and communicate internal hold/sell recommendations
Oversee asset dispositions, including presenting the transaction to investment committee, selecting a broker, negotiating the purchase contract, and facilitating the due diligence and closing processes
Formulate property-level strategy, budgets, and capital improvement plans
Determine and implement value preservation strategies, including the preparation of capital call memorandums as necessary
Assist transactions colleagues in the underwriting of new investments as well as new operating partners or property managers
Analyze and monitor property financial performance and debt covenant compliance
Alongside construction consultants, monitor schedules, budgets, and draws for new developments and ensure compliance with the relevant governing documents
Review and approve third-party appraisal reports and complete periodic internal valuations and re-underwriting processes
Actively mentor, train, and guide the career development of more junior professionals on the team

Qualification

Asset managementFinancial analysisReal estate investmentCapital marketsProperty managementData analysisBudgetingStrategic planningConstruction oversightValuationCapital improvementResearchExcel proficiencyArgus proficiencyCommunicationTeam playerMentoringProblem-solvingTime managementNegotiation

Required

Bachelor's degree (real estate and finance concentrations preferred)
10+ years of relevant experience in commercial real estate investment roles: ideally within Build to Rent, Storage, Student Housing and/or Healthcare
Core knowledge of real estate investment and finance principles, as well as a working understanding of real estate accounting
Strong written and verbal communication skills
Ability to draw conclusions from research and data analysis and communicate them concisely and effectively
Thorough understanding of business software (Excel at minimum - Argus preferred)
This position requires frequent travel to visit properties, property managers, and operating partners

Benefits

Generous discretionary bonus
Comprehensive range of benefits — including medical, financial, and wellness programs

Company

Harrison Street Asset Management

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Harrison Street Asset Management is a leading global alternative investment management firm with over $103 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies.

Funding

Current Stage
Late Stage

Leadership Team

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Paul Bashir
CEO
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Company data provided by crunchbase