Director, Asset Management
crown advisorsAtlanta, GA
Director, Asset Management
crown advisorsAtlanta, GA
yesterday
Occupations
Property, Real Estate, and Community Association ManagersFinancial ManagersReal Estate BrokersIndustries
Nonresidential Property ManagersLessors of Nonresidential Buildings (except Miniwarehouses)Lessors of Other Real Estate PropertyAbout the role
Our client is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer, and operator of Class A properties across major U.S. Sunbelt markets, they are known for their hospitality-driven approach and commitment to transforming buildings into premier offices that enhance each tenant’s workplace experience.
Position Description:
This role will focus on driving the financial and operational performance for a portfolio of 6-8 Class A office buildings (1.5-2MSF). Primary responsibilities will include developing/executing value add strategies, negotiating leases and building relationships with key market participants. Additionally, the Director will partner with Regional Head to underwrite potential acquisitions and developments.
Responsibilities:
Negotiate property-level contracts, including leases, licenses and, where applicable, third-party management and exclusive leasing listing agreements.
Proactively enhance property’s competitiveness; monitor local market conditions, anticipate trends and reposition property accordingly.
Prepare Investment Committee recommendations on large lease transactions.
Update Senior Management on leasing efforts, including both new leasing activity for vacant space as well as renewal activity on existing tenants.
Review and approve property budgets, including both projected leasing and building capital plans.
Work with Analyst to update ARGUS Enterprise models used for ongoing cash flow projections of portfolio.
Identify ‘Value Add’ strategies for properties in the portfolio.
Partner with Regional Head/Capital Markets to underwrite acquisition and development opportunities. Assist in the disposition process as well.
Select and direct the transition of the property-level team (property manager, leasing agent, attorneys, and other third-party professionals) after acquisition.
Requirements:
7-10 years of commercial real estate experience; 5 years focused on asset management
Ability to develop and deepen key business relationships
Strong negotiation, verbal, and writing skills
Advanced knowledge of financial analysis (NPV, IRR, lease comparison, ROI, DCF modeling, payback, financial statement analysis, etc.)
Proficient in ARGUS Enterprise and Excel
Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office areas to facilitate work.
Routine travel is required for the position up to 15% of the time.
Experience in the Atlanta office markets preferred.
Relevant experience in office lease negotiations, property operations, development or construction a plus
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JOB OVERVIEW
Experience level
Manager
Location
Atlanta, GA
Occupation
Property, Real Estate, and Community Association Managers
Industry
Nonresidential Property Managers
Posted
yesterday
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