Vantix Logistics ยท 2 hours ago
Asset Manager
United States
Full-time
Remote
Mid, Senior Level
5+ years exp
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Hiring Manager
Dirk Weldon
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Responsibilities
Collaborates with third-party property managers, lease administrators, legal counsel, auditors, accountants and architects or engineers and internal teams to oversee a portfolio of commercial properties.
Works with brokers and leasing agents to ensure proactive lease-up, tenant retention, market knowledge and maintains positive tenant relationships to ensure our assets are positioned to be the top performers in their respective markets
Directs and oversees business plans, budgets, forecasts, lease document variations, analyses (including credit, lease accounting and abstracting), and approvals. Coordinates and oversees property managers, construction managers, and TI/Capex projects with our Capital Improvements Manager
May supervise internal and/or external teams, to ensure quality work and adherence to processes.
Identifies income enhancement opportunities and cost reductions such as appealing real estate tax assessments, and managing utility expenses and/or increasing recoveries
Participates in creating annual budgets and multi-year projections, comparing them to historical performance and Company benchmarks
Conducts asset reviews and property inspections by visiting sites on a routine basis. proper property maintenance by third-party management companies.
Reviews monthly financial reports and coordinates with third-party property on accruals and CAM calculations.
Receives and reviews monthly fixed asset reports from the internal portfolio accounting team, analyzes bad debt trends from the same team, and provides updates on quarterly income projections provided by the internal finance and portfolio accounting teams.
Conducts asset reviews and physical inspections with property management and leasing to discuss asset-level strategies and operational issues.
Assists in the due diligence process for development projects, including preparing financial projections and value-add strategies. As a member of the development deal team, will prepare the revenue and expense sides of a development proforma by compiling market data derived from site visits, local brokerage networks, etc. and providing insights on value-add operational issues/strategies. Will take the lead on lease-up of new projects as well as commissioning and transitioning into operations
Contributes to pre-acquisition due diligence and reviews of financial documents and third-party reports
Responsible for portfolio-wide financial analyses and prepares data for projections and forecasting models
Identifies process improvement opportunities and implements new policies and procedures as needed
Qualification
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Required
Bachelor's Degree in Business, Real Estate, or Finance
5+ years of commercial real estate asset management or senior-level regional or property management experience in office and retail segments.
Strong experience in commercial real estate leasing/brokerage, operations, acquisitions, and valuation processes
Financial modeling and analytical proficiency
Must possess an entrepreneurial and customer-service driven approach to asset management
Highly developed interpersonal, analytical and communication skills (verbal and written)
Strong organizational, decision-making skills
Proactive with detail-oriented and creative problem-solving approach, and understanding the 'big' picture
Strong ability to prioritize workload and manage projects effectively in a time sensitive environment
Advanced Excel and Word skills.
Ability to flex and adapt work schedule to changing business demands
Ability to travel as necessary to visit assets for inspections and market tours.
Demonstrate integrity and honesty and model ethical behavior and core values of the company- Quality, Service, Flexibility, and Integrity
Preferred
Supervisory experience a plus
Yardi software and VTS software experience a plus
Company
Vantix Logistics
Vantix Logistics is a leading provider of supply chain logistics solutions.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase
