Lincoln Property Company · 8 hours ago
Asset Manager
New York, NY
Full-time
Onsite
Mid Level
$150K/yr - $175K/yr
3+ years expLincoln Property Company is seeking an Asset Manager responsible for managing a portfolio of distressed assets in receivership. The role involves developing strategic business plans, ensuring financial performance, and collaborating with various teams to stabilize assets for their next phase.
Real EstateCommercialReal Estate Investment
Responsibilities
Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations
The candidate should enjoy everchanging work assignments as the portfolio could frequently change
Assist with conducting transaction analysis and support due diligence for new acquisitions
Assist with due diligence and follow-up on property transactions
Review monthly property management reports for variance against budget and strategy
Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership
Create cash flow projections, analyze and recommend investor capital calls and distributions
Develop analytical tools to allow leadership to better understand the state of the portfolio
Monitor and maintain compliance with all lender requirements
Monitor timely payment of taxes and insurance premiums
Monitor all escrow accounts and operating cash accounts to assure they are properly funded
Collaborate with other departments to improve and document processes and streamline reporting
Oversight of 3rd party brokerage teams and leasing
Negotiate leases and renewals throughout the portfolio
Qualification
Required
3+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions
Experience with distressed assets- often class C and B
Ability to be self-sufficient to work outside the box to figure out challenges
Exposure to legal aspect of commercial assets in receivership
Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants
Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus
In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures
Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups
Strong analytical, accounting and critical thinking skills
High comfort level with the technology used to aid in collaboration, communication, and documentation
Excellent written and oral communication skills
Advanced knowledge of Excel including building templates for other users
Company
Lincoln Property Company
Lincoln Property Company offers commercial real estate and investment services.
1001-5000 employees
H1B Sponsorship
Lincoln Property Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Late StageLeadership Team
Clay Duvall
Co-CEO
Daniel Roth
Chief Financial Officer and Chief Operating Officer
Company data provided by crunchbase