L&B Realty Advisors, LLP · 4 days ago
Director - Office/Industrial Asset Management
Dallas, TX
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expL&B Realty Advisors is a real estate investment advisor headquartered in Dallas, Texas, managing approximately $10 billion in assets. They are seeking a Director of Office/Industrial Asset Management to oversee asset operations and execute investment strategies, ensuring financial performance and reporting for their real estate portfolio.
Real Estate
Responsibilities
Develop Asset Management Plans
Create strategic objectives for each property consistent with the investment strategy
Develop tactical plans that support the strategy
Monitor asset performance and market dynamics/changes
Execute Investment Strategies
Manage all aspects of the asset operations, leasing and management including oversight of third-party property management and leasing teams
Work with internal and external teams toward implementation of strategies for all assigned assets
Drive value by capitalizing on opportunities and development of solutions to challenges
Provide leasing leadership including negotiation, analysis, and preparation of recommendations
Coordinate and manage construction projects
Direct ad valorem tax administration
Overall accountability for financial performance of each investment
Reporting
Preparation of monthly, quarterly, and annual investor reports including budgets and asset management plans
Work with appraisers and review property appraisals as required by client policies
Prepare and/or review internal valuations
Preparation of materials for Investment Committee presentations
Other Responsibilities
Assist and coordinate the takeover and management of new acquisitions
Coordinate the disposition procedure for properties
Implement property operations policies and procedures
Special projects as assigned
Medium travel
Qualification
Required
Minimum of 10+ years of Office/Industrial Asset Management experience; including experience acting as an Asset Manager (or equivalent) and analytical experience
MS Word, Excel, and Argus experience (required)
Must possess strong analytical, communication, organizational, and computer skills
Familiarity with cash flow modeling including return calculations for wholly owned assets and promote structures
Real Estate, Finance, Business Administration or Accounting degree
Preferred
Experience with Hospitality assets is not a requirement but considered a plus
Benefits
Vacation and sick pay
Tuition reimbursement
PPO medical/dental/vision plan
Matching 401(k) plan
Above average holidays
Health club reimbursement
Business casual work environment
Five weeks (200 hours) of vacation
Employer paid life insurance up to 5x earnings based on W-2 earnings
Company
L&B Realty Advisors, LLP
L&B Realty Advisors, LLP is a real estate investmenr advisor based in Texas.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase